I have a new credit card, i only have it for my upcoming holiday to the states. Hotel and car hire place require a credit card.
I don't "need" a credit card, i never have.
It got me thinking though. My card is 0% on purchases for 18 months. Something about paying the minimum amount each month etc to validate that.
Now i could do with some new things.....
I gather (and this will probably sound dumb) but if i buy say £600 worth of stuff on the credit card, i don't pay any interrest on it as long as i pay the minimum each month ?
As such i could spread the £600 out over 18 months correct ?