Video
Martin Lewis explains what a credit card is
Martin Lewis explains what a credit card is
When used correctly, credit cards are a great tool. But like fire, they can burn if used wrongly. In this video, Martin explains what a credit card is, how they work, and how to avoid the dangers.
There's also more detailed info in the How do credit cards work guide.
Tip Email
FREE Weekly MoneySaving email
For all the latest deals, guides and loopholes simply sign up today - it’s spam free!
28 July 2021
-
New. Broadband price war
Incl cheapest deal in 18mths - '£13/mth'
-
Travel insurance from £9/week
Incl some Covid cover
-
New. Help if you're 'pinged' or told to isolate
Martin's video explainer
-
Slash PCR travel test costs to £40
Avoid £100+ fees
-
'I reclaimed £3,500 in packaged bank fees'
'...going back to 1990'
-
15 summer cinema savers
Incl £2.50 entry & free O2 Monday tickets
-
Updated. Should you join diesel compensation claims?
Against Audi, BMW, Ford etc
-
Read the full email
For all the latest deals, guides and loopholes simply sign up today - it’s spam free!
-
Online Safety Bill 'doomed to fail' unless it includes scam adverts, say Martin Lewis and campaigners
29 July 2021![]()
The government's Online Safety Bill is "doomed to fail" and will leave millions of internet users in danger of losing money and/ or sensitive information if it does not include protection from paid-for scam adverts, warn campaigners. -
Coronavirus Travel Rights
29 July 2021![]()
The coronavirus outbreak is causing major travel disruption around the globe -
Most employees feel they are financially better off now than at the start of the pandemic, finds new MSE poll
28 July 2021![]()
More than two in three employees in full-time or part-time work say they're financially better off now than at the start of the coronavirus pandemic – but only one in three of those who are self-employed feel the same, a new MoneySavingExpert.com poll has found. -
Lloyds Bank launches cashback credit card that pays up to 0.5% - plus a £20 introductory bonus
28 July 2021![]()
Lloyds Bank has launched a new credit card that enables holders to earn 0.25% cashback on up to £4,000 of annual spending and 0.5% above, with no cap on how much you can earn. You can also earn a £20 bonus if you spend £1,000 in the first 90 days. But Lloyds' cashback rate can be beaten by American Express - here's how it compares. -
Card providers to 'reserve' up to £100 when you pay at supermarket fuel pumps – here's what's happening
27 July 2021![]()
Motorists paying for fuel at automated supermarket pumps across the UK now face having up to £100 on their debit or credit card temporarily "reserved" while they fill up
-
Martin Lewis: Why you shouldn't worry too much about your credit score – it’s not actually a real thing
14 June 2021![]()
When it comes to finances, numbers are key – whether it's what you earn, your credit card balance or the interest rate on your mortgage, small changes can add up to a big difference. Yet there's one number you shouldn't pay too much attention to – your credit score.
Clever ways to calculate your finances
Have your say
This is an open discussion and the comments do not represent the views of MSE. We want everyone to enjoy using our site but spam, bullying and offensive comments will not be tolerated. Posts may be deleted and repeat offenders blocked at our discretion. Please contact fbteam@moneysavingexpert.com if you wish to report any comments.