A quick query. I have a couple of old cards that I should now cancel as they are not being used. However almost 2 years ago I purchased my new car and put the deposit on one of the cards (£500 deposit on a £18k car)
There are currently no issues with the car and I hope there won’t be any in near future but it got me thinking…. When it comes to Section 75 cover does it only apply to live/active credit cards? So would it be worth keeping a credit card active for instances where a large purchase had been made?
Thoughts and advice appreciated.