Payment Options

Learn about virtual cards & credit options.

Virtual debit cards

Services such as Monzo or REVOLUT allow you to create multiple disposable virtual debit cards. These are great when you want to purchase multiple items from retailers that have an order limit per person to avoid getting orders cancelled. Each debit card is unique and it takes money from your main balance. You can sign up for these services for free Curve; https://www.curve.com/join#DZK33PPD get £25.00 free cash on sign up. Revolut;;.https://revolut.com/referral/scottsxcv Get £50.00 free cash on sign up.

Budgeting & credit options

Use this as a guide only and not financial advice. Savings / disposable income By far the best option to use when starting your reselling journey, this is money you can temporarily live without, investing into a product to resell. Credit Cards When used wisely, credit cards can be a great option for people to use for reselling. It allows people to pay for products on credit, then in 30 days pay the credit off or when the item is sold with no interest. It is important you only spend what you can AFFORD to pay back in the unlikely hood the product has not sold by then or the return period is over. It is super important you learn how credit cards work if you do use this option, https://www.moneysavingexpert.com/credit-cards/how-do-credit-cards-work/. If you're happy to proceed Vanquish is giving credit lines up to £1,500, and a free £25.00 to spend for new customers. Use our referral to check your eligibility. https://www.vanquis.co.uk/raf-app?code=3C327C7204229CD7235B. Buy now, pay later services BNPL services allow people to essentially either pay in 30 days with no upfront payments or split the payments into terms such as per month. The same with Credit Cards, these can be a great way to pay for products but only if you use them responsibly. Using Klarna will not affect your credit score. However, information such as payment holidays and existing, late, and unpaid balances are visible on your credit file to other lenders. https://www.klarna.com/uk/customer-service/perform-credit-check-affect-my-credit-score/. If you're happy to proceed, you can get a FREE £10 gift card when you sign up to Klarna using our referral link. https://app.klarna.com/invite/gb/2xs2b3b9?campaignId=default-gb. Or when you sign up to Clearpay you can get £10.00 off your first purchase using coupon code 'SCOTT-LI6VH' when you sign up at https://clearpay.app.link/LMqm8UgZpwb. Reinvest your earnings! You just made extra money, it will be tempting to go out and spend it. But why would you do that when you can re-invest and make even more? Some products are expensive to buy, but if you have more capital you will be able to buy into these items or even buy multiples. Successful people will always reinvest in themselves and their business, don't be tempted to buy into a materialistic lifestyle because one day you will regret the fact you could've had much more. Conclusion -NEVER use credit unless you can afford to pay it back. -Try to use disposable income or savings. -Using credit for reselling can actually really benefit you in the future, as you can collect points with some providers for free stuff and it improves your credit score! -Reinvest in yourself and your business.