Credit cards

I usually write blogs as the 'MoneySavingIdiot', chronicling my attempts to practise what we preach at MSE (the last one was on switching bank accounts). But as this is a more personal blog, written ahead of World Mental Health Day, I thought it would be better coming from MSE Kelvin. So, here's my tale of my own mental health struggles and how I've battled credit card debt...

When it comes to credit cards, managing them well is pretty simple: always pay at least the minimum monthly payment (preferably more), on time, and don’t bust your credit limit. These mantras are important. Not following them usually means any promotional 0% interest periods (such as on purchases or balance transfers) are removed, and you get whacked...

A MoneySaver recently wrote to us saying he’d done some credit card trickery to save some cash. In brief, he used a cash advance on a credit card and a balance transfer to save money over doing a money transfer, as balance transfer fees are lower. So, I thought I’d look at his method and see if...