Credit Cards

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how interest is calculated
Depending on the credit card, interest is calculated either from the date of the transactions you make or from the statement date.

A credit card that charges interest from the transaction date may be worthwhile if you do not intend to pay off the balance at the end of the month and the interest rate offered is low. Holding the card may also entitle you to a particular benefit that outweighs the additional interest charges.

Credit cards which calculate interest from the statement date and only impose the interest if you do not settle the statement in full are preferable. In practice, this means you can get a maximum of 56 days interest free credit; the transaction can be up to 31 days before the statement and the card issuers usually allow a further 25 days for payment to be made.

Credit Card directory
AA AA Credit Cards are issued by the Governor and Company of the Bank of Scotland, Pitreavie Business P...
Abbey National Some of you pay off your whole balance every month; others only use a card at Christmas and for holi...
Accucard The Accucard credit card allows you to design your own card, to a certain extent. Within Accucard’s ...
Alliance & Leicester MoneyBack Card, Diamond Card...
American Express 5% MoneyBack for the first three months, up to 1.5% MoneyBack there after. Competitve standard inter...
Barclaycard A wide range of products including:Barclaycard Platinum Credit Card0% interest on balance transfers ...
Cahoot Winner of Money£acts 'Best credit card (standard rate)'. Up to six weeks interest free credit. Free ...
Barclays See Barclaycard ...
Capital One Typical 6.9% APR variable ...
Bradford & Bingley Credit Card finder service - A wide range of credit cards from leading providers in the UK, chosen t...
Egg 0% anniversary offer every year until 2007...
easyMoney DIY credit card - choose your own APR, cashback and annual fee...
HSBC Up to 56 days' interest-free period on purchases and cash advances when you pay your whole balance (...
Halifax Halfax one card: typical 9.9% APR (variable), 0% on purchases for the first 9 months, 0% for 9 mont...
Marbles Online access to account balance, instant acceptance or rejection following online application. Pers...
Liverpool Victoria Liverpool Victoria will shortly announce a new credit card offer...
NatWest NatWest offer a range of Credit Cards to suit all needs. All their Credit Cards offer an introductor...
Northern Rock The Northern Rock Base Rate Tracker Credit Card offers the Bank of England base rate for the first s...
Yahoo Compare Over 300 Credit Cards...
Mint introductory 0% interest offer followed by 10.9% APR...
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