Banks panicking?

[Steve Bullman]

It’s not the end of the world, but I have a bunch of cards and I regularly transfer balances over to make use of the 0% rate offers. Plus it’s nice to know it’s there for emergencies. Particularly with what we all know is ahead. The fact that the banks are being this cautious is worrying 

[swinny]

Banks are twats Steve.

 

My only worry is you juggling cards but that's just me. Never had nor need a credit card. 

 

Could be the north south devide

Edited July 18, 2020 by swinny

[little_p]

11 hours ago, swinny said:

Banks are twats Steve.

 

My only worry is you juggling cards but that's just me. Never had nor need a credit card. 

 

Could be the north south devide

There are a few benefits to using a credit card.

There is usually enhanced protection for purchases made on a credit card and using a credit card and then paying it off each month enhances your credit rating (and it is surprising what companies look at your credit rating being agreeing to deal with you).