- How do SoSmart Money make their money?
- Which products can I compare with SoSmart Money?
- Who are SoSmart Money?
- Will I be contacted by other companies?
Credit Cards Guide
For easy to understand guidance on the different types of credit card and other issues, have a look at our product guides
0% Balance transfers
Some lenders offer credit cards with a 0% balance transfer fee and an interest-free introductory period
0% Purchases
A 0% purchases offer allows for interest-free purchasing for a set period which is often up to 12 months
Cashback Credit Cards
A cashback card will literally pay you for spending money. It sounds great doesn't it? Well, essentially, it is.
Choosing a card
Getting a card from your bank is the easiest option and it is tempting to just go for it
Coping with bad credit
If you are deemed by credit card issuers as a bad risk and are struggling to get a credit card then your credit rating
Credit card jargon explained
If you have a debt on a credit card you can often save money by shopping around for a card with a lower interest rate
Credit card pitfalls
It was touched on in the previous section that you are responsible for your own spending, and furthermore
How to apply for a credit card
It is not too tricky to apply for a credit card. However, it is definitely worth being patient, making sure that the offer
Low standard interest rate
If you are not interested in the hassle of chasing offers and constantly switching to ensure that you are benefiting from the very best deal
Prepaid credit cards
A prepaid credit card is similar in principle to a pay-as-you go phone. It allows you to load your card with cash
Reward and loyalty schemes
A card with this type of scheme is attractive for the same reasons as a cashback card, spending money equals rewards
Student credit cards
Student credit cards are offered because standard credit cards are only available to those with a stable income
Supermarket credit cards
Credit cards that are offered by supermarkets such as Asda, Tesco, Marks and Spencer and Sainsbury's
Using a credit card
It is mentioned in the first two sub sections of this guide that credit cards are a tool of convenience and no apologies
Using your credit card abroad
If, for whatever reason, you frequently use your credit card overseas then a badly chosen card could lead to you constantly shelling out
What are credit cards?
The first credit card in the UK was launched in 1966 by Barclaycard. Initially credit cards worked the same way as charge cards
What is a credit report?
Information on your credit report is used by lenders to determine whether or not they would like to grant you credit
Speak to an adviser
Our trained expert advisers have access to the UK’s leading lenders and using their knowledge and skills will place you with the most suitable leader and product for your needs.
01244 950 304
How can we help you?
So Smart Money are specialists when it comes to mortgage and insurance. We have access to the UK’s leading brokers and using their knowledge and skills they'll place you with the most suitable lender and product for your needs.
Speak to an expert for mortgage advice, life insurance cover, to protect your income, insurance your home or contents and private medical cover.
"Matthew at So Smart found me the best deal for my first Mortgage, he was extremely helpful! I would highly recommend this company!"
"I've been looking to switch mortgages recently to secure a better rate and the guys at So Smart Money helped me do just that."
"My mortgage enquiry was dealt with swiftly and professionally. I would highly recommend So Smart Money to others."
"I've used sosmartmoney a couple of times now, I checked my old mortgage with them and it encouraged me to get a better deal."
Winner of AI Finance awards 2015 for:
Best personal finance comparison site &
Best online price comparison platform
