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Sundae · 06-10-2009, 12:13 PM

FTR - this week I have acquired a Pay As You Go credit card.
I researched it thoroughly before committing (although in fact I am not committed, if I leave the balance at £0 for 6 months it is cancelled).
There are no monthly or annual fees either.

It just means when (I mean IF) an internet bargain comes along, I don't have to borrow someone else's card. And if I keep £10 on the card I don't have to worry about it being cancelled.

It's not credit, but it has the benefit of credit without the risk. Yes it costs more (in top up fees and per transaction fees) but they are all up front and no danger of l'il Miss Irresponsible racking up debts.

06-10-2009, 12:13 PM	#96
Sundae polaroid of perfection Join Date: Sep 2005 Location: West Yorkshire Posts: 24,185	FTR - this week I have acquired a Pay As You Go credit card. I researched it thoroughly before committing (although in fact I am not committed, if I leave the balance at £0 for 6 months it is cancelled). There are no monthly or annual fees either. It just means when (I mean IF) an internet bargain comes along, I don't have to borrow someone else's card. And if I keep £10 on the card I don't have to worry about it being cancelled. It's not credit, but it has the benefit of credit without the risk. Yes it costs more (in top up fees and per transaction fees) but they are all up front and no danger of l'il Miss Irresponsible racking up debts.