Credit cards
Show your support
Agree with the above- get a 0% deal and pay minimum as standard. Then, if you’ve got any spare at the end of the month pay extra. But when you’re searching for a deal, make sure minimum payment is set to either 1% of balance (most won’t take less than £25 min payment though). Credit cards are good for your credit rating as long as they’re paid off regularly and you don’t miss a payment.
Sorry that should say 1% of balance OR min £25. And, if you’ve got more disposable income then you can whack a load off each month. It’s within your control x
I’m the same! I racked up about 3K of credit card debt and I’m going to swap mine to a Tesco one, they have a good offer on 29 months 0% so going to chip away monthly. My stat pay kicked in the same month our mortgage shot up as well🥲
@Lauren I’m just looking at transferring mine over to this one, am I reading it right that they charge 3.49% extra of your balance but then it’s 0% interest?
I had this after my 1st baby, but I’ve done much better this time round 😅 Remember you have 20 half days/10 full days that you can work during maternity leave to bring in extra income, that’s what I did as it’s on top of maternity leave so you don’t lose out on anything 😊
@Georgia yes I think so! I’m no expert by any means but that’s how I’ve took it 🤣
https://www.moneysavingexpert.com/credit-cards/balance-transfer-credit-cards/ NatWest seem to have a no fee one 🙌
But you have a job to return to? If so that’s great. I had to leave mine when pregnant. It’s a moment in time. Switch it to 0% if you can and just split the amount be how many months the 0% runs for.