What are the advantages of having a credit card? How can I get one? Credit cards are important, or online purchases. They are convenient and secure, and help give you the freedom to manage your finances, cover unexpected emergencies and also take advantage of rewards and special insurances. They’re also an easy way to establish a credit history!
What is the credit limit?
A credit limit is the maximum amount available for you and your card. You can find your credit limit on your account statement, or under the account of The Savers Online or The Savers Mobile app. How do I change my credit limit?
How to determine your credit limit?
Your credit limit is based on your credit history and your income. If you want to change the limit on your credit card, you can request a change. Are there any annual fees associated with having an The Savers credit card? That depends on the card you choose. Some of our cards offer more benefits with an annual fee, while others have no annual fee at all. Browse our no-nonsense rate cards or use our card selector to help narrow the benefits that are most important to you. I’ve just started working and I do not have a credit history, can I still apply for a credit card? Absolutely! In fact, regularly using a credit card – and making payments on time – is one of the easiest ways to develop a good credit history. This will help you qualify for a loan or mortgage in the future, and will also boost your credibility when applying for insurances and financial products. Simply choose a credit card that fits your needs and then apply it in just a few easy steps. How is my interest on my credit card purchases? Your The credit card has a free interest period where you will not incur any interest charges on purchases. If you pay your balance in full before or on your statement due date – you’ll avoid any interest charges.
If you do not pay your statement in the future, it will be important to pay your interest. If you have any questions regarding the interest charges on your credit card or refer to The Savers Credit Card Agreement.