0% interest credit card to build credit rating?

[MushroomTree]

Can anyone recommend a 0% interest on purchases credit card to build my credit rating?

I'm not looking to make any big purchases, just put a few things on a credit card each month that I'd be buying anyway (food shop, fuel etc) and paying back in full to build my credit rating.

I'm trying my best to improve my finances and thinking ahead to buying a house in the not too distant future.

You may not be offered a 0% card if you dont have a good credit rating in the first place.

www.moneysavingexpert.com/credit-cards/best-0-credit-cards/

My credit rating is pretty good. All of the things I've ever had on finance I've paid for in full and on time. I just want to improve it as much as I can in preparation for applying for a mortgage.

Have you had a credit card before? Have a look at the link for appropriate cards

No but I'm on my second car lease and have had mobile phone contracts for years.

Apply for one through your bank. A high street one will likely offer a 0% period. That’s what I did for my first card, wasn’t a very high limit, but had 26 months at 0%, limit was then raised after the first year iirc.

Thanks for the reply. I was looking at the Tesco one as that's mostly where I food shop and get fuel so I'd get the clubcard points too.

Am I right in thinking that if you pay it off in full each month you don't get charged any interest anyway so the APR is irrelevant? It's only if you borrow X amount and pay it back monthly you get charged interest?

If you plan on paying it off each month then you don’t necessarily need a 0% card as you won’t get charged interest.

lf you do most of your shopping at Tesco, l'd go for that one. You get clubcard points on it too, (more if you use it at Tesco) even if you use it elsewhere. Or you used to. l don't have mine now.

That's what I thought @maidenover but I wanted to check I hadn't gotten the wrong end of the stick somewhere along the line.

I've just applied for the Tesco one, I got all the way to the end and was reading the T&Cs and it told my session had timed out! Apparently they'll contact me to complete my application. You would think they'd give you a decent amount of time to understand what you're signing up for.

It's doesn't have to be 0percent if you pay it off in full every months you wouldn't incur interest that quickly.

Just pay off the card in full every month this will build your rating without incurring interests

Set up an automatic debit to have it paid off in full each month so there is no chance of forgetting. As others have said, the interest rate is irrelevant if you pay it off in full.

I got all the way to the end and was reading the T&Cs and it told my session had timed out

People read the T&Cs?

I'm more concientious than most when it comes to money stuff, but I'll admit to never reading the T&Cs for anything. I work on the assumption that if anything bad is hidden in there, Martin Lewis will be shouting it from the rooftops at any given opportunity, so I'll find out sooner or later, obviously hopefully before I've tied myself into a contract I don't like the T&Cs of.

But I have read that any pertinent terms have to be summarised outside the T&Cs (charges, contract length etc) because it's not reasonable to expect the layperson to read and understand multiple paragraphs of legalese.