Credit cards are one of the most flexible forms of short-term borrowing, giving you the option of repaying as much of your monthly balance as you choose although there is a minimum repayment. Credit cards can also offer better security and protection for your purchases than any other method of payment.

Pay your account in full by the payment due date and typically you will not be charged any interest. However, if you only ever make the minimum repayment the time taken to clear your balance will increase significantly and it will cost you more.