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Credit cards

Find out how credit cards work

Understanding credit cards

How to use a credit card

You can buy things in the same way you use your debit card, but there’s a key difference. While debit cards use money from your current account, paying on your credit card means borrowing money from your credit card provider.

When you spend on a credit card, the amount is added to the card’s balance. That – alongside any interest and fees – is the total amount you'll owe.

Spending borrowed money means it's important to spend sensibly, as it has to be paid back. Having enough income to make your payments on-time is important so you can avoid late payment fees.

How to cancel a credit card

Using a credit card responsibly is a great way to build and protect your credit score. Cancelling a card could impact your score, so you should take this into account before making any final decisions.

If you’re an existing customer and you decide cancelling is the best option for you, it’s an easy process. Simply get in touch with our Credit Card Services team who will be able to discuss your options further to help you make an informed decision that is right for you and your finances.

When cancelling a credit card you need to make sure that:

You have paid off the card

You have considered your credit score before cancelling and that you’re not in the process of applying for any new forms of credit before you cancel

Applying for a credit card

Want to be prepared before starting your credit card application? We'll help you put the pieces together with our 5 step guide on how to get a credit card in the UK.

Other ways we can help

Our range of credit cards

Take a look at our range of credit cards and compare costs, benefits and features. It's all here in one place. Eligibility applies. Over 18s only.

Credit card, overdraft or loan?

If you're looking to find out whether a credit card, loan or overdraft is right for you, then our borrowing needs tool is a good place to get started.

Something else we can help you with?