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Credit knowledge

Credit information

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Find out all you need to know about how credit works and how best to use your credit card. From credit history to how to avoid paying interest, you'll find some really helpful tips.

Credit interest rates & APR

How to get a better credit score

60 seconds

Whenever you apply for credit one thing is for sure, the credit companies will want to know who they are lending their money to.

They will use 3 different ways of assessing you which are, credit scoring, credit rating and credit history. Many people think that these are all the same thing but they are in fact subtly different.

Credit card statements

Your monthly credit card statement tells you a lot more than just how much you owe and when to pay it by.

You can receive your credit card statement in 2 ways; one is the traditional way where it's printed onto paper, popped in an envelope and posted to you. The other, much more convenient route is online. If you have a Capital One credit card you can register for Online Account Servicing and you won't need to wait for your latest statement to be delivered.

Whichever way you choose to receive your credit card statement it will have the same important information available.

Credit card protection

Your credit card comes with some inbuilt protection. Some is automatic and some is optional, and may require you to pay for the additional benefits.

When you make a purchase that costs between £100 and £30,000 with your credit card the law gives you certain rights. For example, if you don't receive your order, something you buy is not as it should have been, or the supplier is unable to fulfil your order because it has gone out of business, you may be able to make a claim against the supplier, your credit card provider, or both.