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Archive for Credits

Comparing Credit Cards

For anyone who’s looking to compare Credit Cards available in the UK, Creditcards-gb.co.uk would be a good place to start. They have a list of reputable companies offering from 0% Balance Transfers, Cashback credit cards and Rewards cards. Although the list is sort of meager, their resources are not at all insufficient. Their list revolves around companies that have strong financial backgrounds and impeccable services.

All of the information you might want to know about; like APR, introductory offers and loyalty rewards; can be found on a single page. There are also dozens of resource pages containing informative articles on just about everything you’d want to know about credit cards.

Relative Rates

Many sites offer unbiased a comparison of mortgages, credit cards, or car insurance rates, but http://www.nationsfinance.co.uk/ has successfully combined all three into an easy-to-navigate site. There are comparisons for various credit cards, as well as car, home, and travel insurance rates organized into compact charts with easily visible information. For mortgages, there is also a convenient feature that allows you to put in information and receive quotes with minimal effort on your part. Also, there is a notice that people with bad credit history are also welcome to apply for mortgages, and they will search for rates regardless of financial situation.

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Beware the Hidden Fees

Recently, the internet has seen a huge influx in the amount of sites offering various methods to compare credit cards, and some even going as far as to offer interest free credit cards. Credit cards are such a lucrative business not because they simply lend money, but rather because they charge interest, and in the case of interest free credit cards, they will often come with enormous “fees” attached to the card. Such fees include late fees, over limit fees (when the amount allotted to your card is exceeded), payment processing fees, membership fees, and various fees dealing with currency transaction. Because of these fees, it is important to realize that an interest free credit card may not be the cheapest credit card for you and a bit of research is required to find the right match.

The site www.cardguide.co.uk/ offers many comparisons between different credit cards available in the United Kingdom, and highlights some of the important features of each card. Be sure to research a bit deeper though, as there is little information about the various fees associated with each card.