What is a Credit Card?
A credit card is a card indicating the holder has been granted a line of credit. It enables the holder to make purchases or withdraw cash up to a prearranged limit.
With a credit card, as long as you do not exceed your credit limit, you can spend whatever you wish, wherever your credit card is accepted.
You are required to pay a minimum amount off the balance each time you receive a billing statement. You can sign for purchases or you can purchase by telephone or the Internet.
There are many different card issuers, but most operate through two of the largest and most renown worldwide credit card networks.
Interest is charged based on the terms of the credit card agreement set by the lender and the credit card holder is sometimes charged an annual fee.
BLU Credit Cards offer a credit card finding service. If you have been refused by your bank or any other major lender BLU Credit Cards can help find you the best credit card available to you in the UK.
For any additional information regarding credit cards reffer to our Credit Cards section
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