Let’s compare credit cards
Used wisely, a credit card is really rather handy. It’s great for those little emergencies, like when your car needs a new part or for those spontaneous shoe purchases that you just have to have. But it can be really confusing knowing which credit card to get – cashback , interest free credit or one where you can get rewards; sometimes it’s a case of too much choice and not enough information.
But we’re here to help – so if you don’t know your APR from your 0% and your idea of a balance transfer is shifting weight from one foot to the other, then let us help enlighten you. And if you need credit but worry you’re not credit worthy, get the lowdown on credit cards for bad credit.
Choosing a credit card shouldn’t be a game of eeny, meeny, miny, moe – you need to comparethemarket with confidence and get the right credit card for you.
Why compare credit cards with comparethemarket.com?
We let you compare the best credit card deals for you. It’s super easy to browse by card type, representative APR or rewards on offer.
We’ve arranged everything in easy to navigate categories - so whether you’re looking for 0% on balance transfers, 0% on new purchases, low life-time rates or bank-specific cards with introductory offers you should be able to find it.
What do you need to compare credit cards?
You don’t need anything to compare cards. You’ll just need some basic details to apply, such as you’re name, address, etc and your bank details.
Don’t forget that you need to be at least 18 years old to apply for a credit card. In some instances, the minimum age will actually be 21.
How do credit cards work?
Credit cards let you purchase things on credit, online and instore.
Each month, your card provider will send you a statement informing you of the outstanding balance and the minimum payment required.
If you choose to pay just the minimum amount and not the statement in full, you may incur interest charges on the outstanding balance. (Every credit card is different and will offer different interest charges and fees.)
What type of credit card is right for me?
Credit cards are sometimes be useful to spread costs and manage debt. So if you are looking for a card, the following options might be useful.
0% on new purchases: Useful if you’re planning on buying big items, such as important electrical equipment. These cards allow you to spread the payment over a number of months instead of straight away. As long as you pay off the minimum amount each month and the outstanding amount before the 0% deal expires, this could be a useful card.
0% on your balance transfer: These cards are usually used if you already have an amount on another card that you want to transfer over. This allows you to move the amount you owe onto a new card and pay no interest for a certain length of time helping to spread the cost (however you will usually incur a balance transfer fee for moving money onto these cards).
0% on your balance transfer and purchases: Some cards offer both features in one - worth considering if you’re switching and have existing amounts, but still want to secure 0% on purchases. Again it’s worth noting that there’s usually a fee to transfer money onto the card.
Reward cards: Some cards offer a bonus feature whereby they allow you to earn cash back, points or air miles as you spend. Each card will have its own unique terms and conditions, however, so be clear on the small print.
Low life-time rate cards: An alternative to 0% cards, these offer the simplicity of charges that have a consistent, low rate for as long as it takes to clear the amount owed. While it means you’ll never be ‘borrowing money for free’, it also means you’ll avoid big APR charges and bill shocks.
Cards from your bank: These usually have their own benefits and conditions, with introductory offers or rewards.