16-12-2015, 12:55 PM
12
Re: Credit cards
I have accumulated 3 credit cards, and at one time I had built up a fair amount of debt on themWell they were all paid off about 3 years ago and I've kept them clear since then. Unless anything unexpected happens I don't think I'll build up a large debt again.
But I'll keep them just for that unexpected event. If you're driving around on holiday for example you never know when you might need a new tyre or a repair
I also take one when I'm backpacking. I like to think that I'm an experienced & seasoned camper, but if the weather turns really bad I can retreat to a hotel to get warm, dry, and fed, then sort out the finances when I get home
In the meantime I use them every few months to buy something minor that I know I can pay off easily, even grocery shopping, to keep them active
They are also very useful for buying things on the Internet
16-12-2015, 04:59 PM
14
Re: Credit cards
Originally Posted by susan m
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Hi patsy , going into you bank and inserting your credit card , putting in your pin number and just asking for a balance check , keeps the card active . Even if you've not used your card for a long time . It's the action of doing this that keeps card active . Hope this makes sense
16-12-2015, 05:00 PM
15
Re: Credit cards
Originally Posted by myrtle
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The Halifax withdrew my credit card a few year ago because I hadn't used it for a very long time 
16-12-2015, 06:24 PM
16
Re: Credit cards
I have a prepaid card, I think I read in the rules that they have a very small charge added it you let a month go by without using it, something like 50 cents, I am not certain about this. I have never been charged anything extra yet as I will always buy something small to keep it active every month.The government here charge every card holder 2.50 euros per annum for the privilege of having a card, prepaid cards included.
16-12-2015, 06:29 PM
17
Re: Credit cards
Originally Posted by Patsy
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Do you have to use your credit card regularly in order to keep it ?Its going to be a 'rare' event for me now and I wonder if they will cancel my card - any idea ?
16-12-2015, 07:38 PM
19
Re: Credit cards
I've had a credit card for years and never paid a penny interest, I shop online for many things, it's handy too if you are out and about then see something a bit expensive so use my card. I always pay in full when the statement comes, I don't buy anything I have not the money in the bank to cover it.Honey how do you get cash back?
16-12-2015, 07:44 PM
20
Re: Credit cards
Originally Posted by Gabi
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I've had a credit card for years and never paid a penny interest, I shop online for many things, it's handy too if you are out and about then see something a bit expensive so use my card. I always pay in full when the statement comes, I don't buy anything I have not the money in the bank to cover it.Honey how do you get cash back?
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