1 Always go for interest free period
2 Use cash back cards where possible, Amex give great deals
3 Bridge capital payments using 0% balance transfer cards
4 Always negotiate balance transfer fees, APR interest rates and annual fees
5 Always clear the payments every month on all non balance transfer cards
6 Don't use credit cards to draw cash from ' hole in the wall' , cheaper option write cheque and in the 'pay to' section ,write 'cash' then draw cash from your bank account
7 Try to use cards that allow transfers directly into a bank account
8 Use credit cards that have internet banking as transfer fees are usually less
9 Never use 0% balance transfer cards for further purchases as card companies who claim 0 % on purchases is usually only certain purchases
10 Get yourself a V.I.P. credit card as transfer fees are normally nil and limits are open
11 look at credit card unsecured loans , some are great deals
12 All cards allow transfers between each other, regular activity of creating and clearing debt usually raises credit score and credit profile
13 Allow up to 5 working days for payments or transfers to clear
14 Transfer money from card to bank account before using funds to buy property
15 Debit cards are not covered by consumer credit act 1974 , for payment protection , credit cards are covered by the act
16 See
http://www.moneysupermarket.com/ ,
http://www.fool.co.uk/ for top deals
Regards,
Kevin Green
