Credit Card Guides

Our credit card guides give you the information the need to apply for, and better manage, UK credit cards. Use the categories below to find the right guide for you.


Credit card types

Despite the diversity of choice in the UK credit card market, year on year one credit card category remains far and away the most popular; the balance transfer credit card. Read our guide to understand how balance transfers work and just what makes them so popular.
Regain control by balance transferring your debts

If you have rising debts, it can feel as though the world is conspiring against you. Interest payments can quickly mount up as the compounding effect of interest bites. But their is a way to reduce your interest and regain control of your finances.

Rebuilding your credit score with bad credit cards

If you have a bad credit score, you'll understand the limitations it places on the choice of products you're eligible for. But proactively dealing with bad credit is often the best way to minimise its negative effects. Read on to learn how bad credit cards could help you

As online sales increase year on year and contactless technology makes physical purchases quicker and easier; the way UK consumers transact has changed. Fewer people are carrying cash as many switch to electronic payments - indeed the British Retail Consortium (BRC) reported a 10% drop in cash based transactions for 2013.
Charge cards predate credit cards by around 50 years and, despite limitations when compared with other payment card types, they remain very popular. Read our guide to discover what features and benefit Charge cards offer and whether they are suitable for you.
There was a time, not so long ago, that arranging cash for foreign travel was a lengthy and complicated process. Prepaid travel cash cards have simplified that, and exploded in popularity, but what are they and how do they work?

Managing/using your credit card

Credit cards have been an integral part of UK personal finance for over 50 years. Most adults will have, or at some point will have had, a credit card. Indeed, for many people, card ownership marks something of a 'coming of age'. Read our guide to help you understand the ins and outs of these ever-popular products.

What's in your credit card statement?

If you have a credit card, then you'll receive a statement. They arrive, either in the post or via an online interface, every month, and contain useful information you can use to help you manage your credit card. But what's in your credit card statement?

Why was My Credit Card Declined?

It's the stuff of nightmares, but are credit cards declined? If it's happened to you, we'll explain the likely causes, and if you want to prevent it, we'll tell you the best practice to can follow to reduce the chances.

Credit cards have always been evolving, as card issuers and retailers use advances in technology to make products easier and more secure. One such recent development has been the introduction of contactless technology to an increasing number of cards. Read our guide to understand how contactless works, what are the benefits and whether it is as secure as we would expect.

"Section 75" refers to Section 75 of the Consumer Credit Act 1974. This part of the legislation details the additional consumer protection afforded to individuals making certain types of payments using credit. This protection makes the supplier of the credit (e.g. the Credit Card issuer) associated with an individual item "jointly and severally liable"

Stoozing can be a useful way to exploit the different interest rates available to consumers for borrowing and saving. Read our guide to learn how you can stooze, and what to watch for.

Should you use your credit card for cash?

Why does it cost so much to use your credit card for cash, and what can you do to obtain cash from your card for less? Read our guide to understand the ins and outs of cash advances.

Despite ever improving credit card security, criminals continue to find new ways to attempt to defraud issuers and customers alike. Read our guide to ensure you can understand and reduce your credit card security risks.
Regain control by balance transferring your debts

If you have rising debts, it can feel as though the world is conspiring against you. Interest payments can quickly mount up as the compounding effect of interest bites. But their is a way to reduce your interest and regain control of your finances.

Credit Card Limits Explained

When a credit card is burning a hole in our purse or wallet it can feel like we have unlimited spending power. But, appealing as that might be, we all have a credit limit. Read our guide to find out why we have credit limits, how they're calculated, and what to do if you break yours.

Applying for/cancelling a card

Credit card application forms explained

So, you've decided that you need a credit card. You've compared deals, and selected the card you think best suits your needs. Now, you must navigate the complexities of the application form. Learn what's in it, and how to maximise your chances of being accepted.

How to cancel your credit card

Sometimes we need to cancel our credit card. Maybe because we don't trust ourselves around our plastic or maybe another reason. But there is a right way and a wrong way to do it, so read on to learn how to cancel your card.

Guide to the Credit Card Summary Box

The Credit Card Summary Box was designed to provide applicants with a simple reference they could use to compare key features of credit cards quickly, but what's in it and how can you use to make better choices?

How quickly can you get a credit card?

In an era of payday loans with same-day cash transfers, people expect their personal finance products quickly. But even though huge strides have been made, credit cards can feel like a relic of a bygone era. Why do credit card applications take so long do process, and how can you speed up yours?

Anyone who has applied for credit cards, loans or car finance over the past few years will probably have come across the term 'Representative APR', but how many of us actually understand what it means, and what is different about this particular APR calculation?
What does Subject to Status mean?

If you've ever applied for credit, you'll be very familiar with the phrase "Subject to Status", but what does it actually mean? Read on to discover what makes your status, and what is subject to it.

Being rejected for a credit card is not uncommon. Whether applying for a prime credit card or a credit card designed for people who have had past difficulties with credit, every issuer and every product will have specific criteria that individuals must meet to be accepted. Uncover the most common reasons for credit card applications being rejected, and get yourself on the road to approval with our guide to credit card rejection.

Credit Scores

Every time we apply for a credit card (or other credit based product) companies run checks on us to inform their decisions regarding whether we should be offered credit. One key element used as part of this decision making process is an individual's credit score, but what are credit scores, how are they created and and how do they help suppliers of credit choose who can get their products?
Rebuilding your credit score with bad credit cards

If you have a bad credit score, you'll understand the limitations it places on the choice of products you're eligible for. But proactively dealing with bad credit is often the best way to minimise its negative effects. Read on to learn how bad credit cards could help you

What does Subject to Status mean?

If you've ever applied for credit, you'll be very familiar with the phrase "Subject to Status", but what does it actually mean? Read on to discover what makes your status, and what is subject to it.

Risk Based Pricing is loved and loathed in equal measure, depending on view point. For some it enables credit card issuers to offer the best possible terms to good customers, others see it as punitive to customers not able to access the best rates. Read our guide and decide what you think.

Every year thousands of people in the UK have their applications for credit declined. Whether applying for a credit card, loan, or mortgage, the most common reason for this rejection is a poor credit score. So how do you build and maintain a good credit score?


Payment Processors/Techology

Visa is one of the most well-known brands in the UK; it sponsors significant sporting events, it regularly runs big advertising campaigns, and many (if not most) people will have used a card featuring its logo. But, few people know how or why it was established.
What is MasterCard?

Everything that isn't "priceless" can be bought with MasterCard, or so the adverts tell us. Perhaps an exaggeration, but MasterCard technology powers payments all over the world. Read on to learn more of its history and how it makes money.

What is China UnionPay?

There is a new giant in payment processing. Third in terms of transaction value processed, China UnionPay was only established in 2002 and is already a force to be reckoned with. Read on to learn more about this rising star of payments.

In large parts of the world the brand 'JCB' is synonymous with card payments. Established in 1961, Japan Credit Bureau offered the first credit card in Japan, has steadily grown in presence and popularity ever since.
In stores up and down the UK, the Apple Pay logo has started appearing at checkouts. Major retailers have embraced it, and the majority of UK banks now support it. But, what is Apple Pay? How does it work, and how secure is it?
A clash of Titans is taking place at our checkouts. Two of the world's most successful companies are locked in a battle over your wallet! Your digital wallet that is. Google backed Android Pay logos have started appearing and some of our most popular retailers will accept payments from your Android phone.
Samsung, the South Korean business giant, has been the world's biggest mobile phone manufacturer for many years, with a market share that is almost double its nearest competitor. It's now entered the digital payments market with Samsung Pay, but what's different and how does it work?

Credit cards and business

What are Mobile Credit Card Processors?

Until recently, only bricks & mortar or online traders could benefit from card payment. Remote businesses were forced to trade in cash (or cheques), but Mobile Credit Card Processors have changed that. Learn more about how they could benefit your business.


Future Credit

What is Cryptocurrency?

In a world without physical cash, it isn't hard to imagine the death of traditional currency. But what will replace it? Cryptocurrency is already here and it gaining traction. Read on to learn more about the future of payments