New Balance Transfer Card accepted but low Credit Limit

skipfeeney · 15 February 2017 at 11:03PM

Hi,

I applied for a new credit card with 0% interest on Balance Transfers. It was successful but they only gave me a 2.5k credit limit when i needed to transfer 15k.

They are going to send me the paper work out to sign. If I cancel it now will it look bad on my credit file? Should I use it just for the 2.5k?

Thanks

[Deleted User] · 15 February 2017 at 11:08PM

Transfer what you can. No point in rejecting the saving.

Ben8282 · 18 February 2017 at 1:01AM

The chance of your getting a card with a 15K initial credit limit is very remote. Accept what you have got and transfer what you can.

New Balance Transfer Card accepted but low Credit Limit

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