Credit Card Or Diminishing Savings

[chrissa1]

I have to buy a new mattress.

Should I use my smallish savings or use my 0% (at the moment) credit card?

I’m talking about £500.

[douglas9401]

Card.

[Jackdaw33]

If you are able to pay it off before the 0% offer runs out then use the card.

[ummmm]

Card...definitely.

[Tuvok]

Credit card as you have protection for purchase over £100

[Georgiesmum]

Use the card. It will give you protection on your purchase.

[chrissa1]

Ok. Thanks. I’ve got less outgoings than before because my rent for my new flat saves me, £85/month.

What about a 0% deal with the bed shop?

[Jackdaw33]

I don't know whether that would make any difference to the price but you won't have the protection offered by the credit card if the goods should turn out to be faulty.

[ummmm]

Why if you have a 0% card?

[ummmm]

And what Jack says.

[chrissa1]

Good point.

[anneasquith]

£500 for a mattress ?

[chrissa1]

Yes, anneasquith. I want a good brand name that’s not going to have to be replaced in a couple of years. Especially as my granddaughters are not going to want to bounce. :)

[Old_Geezer]

The card is charging 0% for now. Whilst your savings is earning you about 0.0000000000000000001% if you shopped around. *IF* you can (remember to) pay off your credit card before they raise the rate then use that. Otherwise use savings and avoid stress.

[gingejbee]

"£500 for a mattress?"....yes, decent mattresses don't come cheap.....ALTHOUGH one of the Best Buys in Which? is only £150 (the Ikea Morgedal) which "gives good all-round support, is very durable and won't sag".
Somebody might find this info useful sometime soon.