Martin Lewis says this is the best way to buy a new kitchen

Protect your savings from a Thomas Cook style disaster

Credit cards have a bad reputation. They’re the evil tempters luring you into overspending and debt. So it came as a surprise to us when Martin Lewis said that we should be all be paying by credit card.

Related: Martin Lewis says now is the best time to switch to THIS energy tariff

In the Money Saving Expert newsletter, Martin Lewis explained that he did all his spending on a credit card.

‘Everyone knows credit cards are dangerous, don’t they? Except, well, I do all my spending on them, as DONE RIGHT, ie, repaid in full each month so there’s no interest, credit cards rule…’ he wrote.

glass facade with men in black suit with white shirt wrist watch

(Image credit: Steve Parsons/PA Archive/PA Images)

So why should you be paying by credit card for your next homeware shopping spree in Next or kitchen makeover?

The main reason the money guru explains is that credit cards have stronger protection than a debit card. With both cards, if you don’t get what you paid for, you can ask the card provider to give your money back.

However, if an item costs between £100 and £30,000 credit cards have Section 75 legal protection. Section 75 means that the card firm is jointly liable with the retailer.

kitchen with white walls grey tiles with white cabinet and black granite platform

(Image credit: Future PLC/Colin Poole)

So if you buy something faulty that you can’t easily return or a company goes bust before you get your purchase you can ask the card firm to sort out a refund.

However, it gets even better. ‘Section 75 protects the whole transaction, eg, pay 1p for a £10,000 car and it’s all protected,’ explains Martin Lewis. ‘Yet with a debit card, you’d only get back the amount paid on the card.

One couple featured on managed to avoid losing £23,000 of their retirement savings due to Martin Lewis' tip.

kitchen with grey cabinet white countertop with faucet sink

(Image credit: Ti-Media)

The couple had used the money to pay for a new kitchen. However, they faced losing their savings when the kitchen company went bust before the installation. Luckily, by paying by credit card for the first £200 of their new kitchen, the couple were able to get a refund for the full amount.

Related: Martin Lewis says you risk a £1000 fine if you don't do THIS for your home

So when you’re next paying for a big home renovation or a brand new sofa online, consider paying for part or all of it on a credit card and protect your savings.

Just remember to pay your credit card bill on time.

Rebecca Knight
Deputy Editor, Digital

Rebecca Knight has been the Deputy Editor on the Ideal Home Website since 2022. She graduated with a Masters degree in magazine journalism from City, University of London in 2018, before starting her journalism career as a staff writer on women's weekly magazines. She fell into the world of homes and interiors after joining the Ideal Home website team in 2019 as a Digital Writer. In 2020 she moved into position of Homes News Editor working across Homes & Gardens, LivingEtc, Real Homes, Gardeningetc and Ideal Home covering everything from the latest viral cleaning hack to the next big interior trend.