Credit cards are charging historic rates of interest and they are also trying to find new customers to pay these rates, and possibly spend more than they should.   Beware.
As people struggle to pay their increased mortgages, rents, food and heating costs the card providers are offering extra credit almost daily.
One offer I received told me I would get a decision in 60 seconds whether I had got the super new card or not.   Never be rushed with a financial decision and before you  make an application check out all the costs and details.
The card being offered was expensive.  And remember if you make an application that information is available to the whole credit industry and may damage your credit profile.
Other offers received within days told me that I was 100% likely to get the new cards.  They are all tempting if you run out of cash every month.
Now is the time for a masterclass in how not to be caught out by companies offering cards that will add to your debts.
You need to find out when you incur interest and how much it is.  How you can fall foul of the rules and incur penalties and big increases in your interest rate?

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