john watson
Member Since: 10 Nov 2011
Location: lanark
Posts: 973
  
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Firstly let me state that I think M& S are about as an incompetent organisation as you can get on the high street. But rant mode on
Wife by mistake took out £20 from a cashline machine - she should have used her RBS card!!
M&S then charged us £3 for the doing so then to add insult to injury a further 27 pence in interest at the end of the month.
Lesson
don't use a M&S mastercard to draw out money from a cashline.
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 2nd Mar 2015 8:41 am |
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Navigator
Member Since: 17 Mar 2010
Location: Stay at Home. One of the lives you save could be your own.
Posts: 5113
 
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Are not all these credit cards just as bad? The cost of spending money you do not have. A vaccine does not stop you catching a virus, or passing it on, or getting ill from it, really ill. It does reduce the likelyhood of you dying when really, really ill. Stay Alive - KEEP AWAY FROM PEOPLE.
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| 2nd Mar 2015 8:46 am |
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maplecottage
Member Since: 01 Feb 2011
Location: Norfolk
Posts: 3171
 
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All credit cards charge for cash withdrawals and interest from day 1, not just the end of the period. 
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| 2nd Mar 2015 8:48 am |
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john watson
Member Since: 10 Nov 2011
Location: lanark
Posts: 973
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Just realised I am still being charged interest on I suppose the £23.27 outstanding as not due to pay off the card until the 25th. That has now been sorted. As a wise man once said " you can not buy experience you pay for it".
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| 2nd Mar 2015 9:10 am |
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James W
Member Since: 27 Mar 2008
Location: Riyadh, KSA
Posts: 3079
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Similarly, also watch out that payments made against a card will affect the lowest APR rate first.
For example, you have £3k balance transfer on a card at 0%, you're paying £100 per month off it. If you use the card acidentally for a retail purchase (or cash at an ATM) you'll be carrying that balance, let's say £50, at the relevant rate, e.g. 19% APR. You'll pay 19% APR interest monthly on that £50 until all of the £3k at 0% is cleared.
James D4 XS, gone, much loved, never forgotten
2018 FFRR SDV8 Autobiography - Gone to someone with less sense and more time to enjoy it 
2016 Toyota Hilux Invincible - Liberating experience
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| 2nd Mar 2015 9:14 am |
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john watson
Member Since: 10 Nov 2011
Location: lanark
Posts: 973
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James W thanks for that bit of info. Luckily I always pay the card of in full every month and have transfers at 0 percent.
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| 2nd Mar 2015 9:23 am |
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DigitalJunior
Member Since: 22 Nov 2008
Location: Cumbria
Posts: 4401
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I love my new M&S card - 19months 0% on purchases and balance transfers and £30 voucher for using it once 
American Express is even better - had loads of offers from them including £125 M&S vouchers at xmas and currently £5 credit for £50 fuel at ESSO.
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| 2nd Mar 2015 9:39 am |
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fisherman
Member Since: 16 Jan 2007
Location: Hornchurch Essex
Posts: 1789
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I don't do credit at all other than my nearly paid up mortgage. Was caught up about 25 years ago in a never ending credit payment that stuffed me. Paid that off by remortgaging (and reduced my mortgage payments by £100/month, didn't realise that I was being so overcharged.  ) and never used them again. If I can't afford it, I don't have it. Simples. FFRR 2017 4.4SDV8 Autobiography. Cost so much I must be mad!
D4 HSE 2012 Like a second wife, more expensive but goes better! I almost cried this time!
D3 HSE 2006 (Almost 8 years together, true love)
Land Cruiser VX 1994 11 years together, wife cried when I p/ex'd for my D3
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| 2nd Mar 2015 9:58 am |
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maplecottage
Member Since: 01 Feb 2011
Location: Norfolk
Posts: 3171
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Tesco Credit Card for all the normal monthly stuff - food, diesel etc etc.
Always pay it off in full, always use my points for a free EuroTunnel crossing each summer 
Steve
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| 2nd Mar 2015 10:35 am |
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Narpy
Member Since: 18 Jul 2011
Location: Stockport
Posts: 7830
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Same here, got one, never use it.
I'd rather pay outright if I buy something then don't have to be efficient at the end of the month.  Mods:
Front Fogs + Halos
FBH Remote Control
The 1st Ever RRS Modded Grill
Garmin Nuvi + D4 Surround + Reversing Camera.
D4 Steering Wheel.
Rear Boot Spoiler.
Twin Brake Lights.
Wing Mirror Indicator Repeaters.
Long Roof Rails
Make your own Narpy grill thread
I'm not scared, I'm outta here.
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| 2nd Mar 2015 10:59 am |
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leeds
Member Since: 30 Aug 2010
Location: West Yorkshire
Posts: 4316
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digitaljunior wrote:
American Express is even better - had loads of offers from them including £125 M&S vouchers at xmas and currently £5 credit for £50 fuel at ESSO.
Lots of places in the UK will not accept American Express.
Reason being they will rip off traders something chronic.
Simple reason they will charge the shop 10-15%. Yes they may offer 5% cash back to the card holder I wonder why?
Brendan
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| 3rd Mar 2015 8:16 pm |
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Gareth
Site Moderator
Member Since: 07 Dec 2004
Location: Bramhall
Posts: 26779
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+1 for the Tesco Platinum credit card. I use it for all household expenditure, including fuel. I have my Eon duel fuel account set to give me more Tesco points. Also, I make sure I use Shell fuel station as much as possible, and collect Shell drivers club points too. Pay it off each month. Never paid a penny interest in years.
Generally get enough Tesco vouchers for a couple of bottles of Malt Whisky a month!
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| 3rd Mar 2015 8:38 pm |
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DigitalJunior
Member Since: 22 Nov 2008
Location: Cumbria
Posts: 4401
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AMEX - I really don't care what they charge the retailer to be honest.
The rewards are excellent in either direct credit to your account as in current fuel offers or past offers when you spent £60 at supermarket you got £25 credit back.
Got £125 M&S vouchers at Xmas as well from them which was nice.
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| 4th Mar 2015 9:35 am |
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Sloss
Member Since: 18 Aug 2013
Location: Aberdeenish
Posts: 1691
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[quote="leeds"]digitaljunior wrote:
Lots of places in the UK will not accept American Express.
Brendan
Many years ago I was staying in a Hotel in Falmouth for a couple of weeks on a job for BP regarding converting diesel gen sets to run on gas....
Anyway there was a notice at Reception on how to pay:
Cash - we really like cash.
Cheque - supported by a Bank Card
Credit Cards accepted include Visa, MasterCard, etc., etc.
At the bottom it said:
If you absolutely have nothing else then we MAY accept American Express but you need to see the Manager first. Stew,
2010 D4 gone but I really loved it
Went back to Merc - C350 AMG
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| 2nd Dec 2015 4:37 pm |
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