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  • FIRST POST
    • Ghostbusterhull
    • By Ghostbusterhull 19th Mar 17, 1:21 PM
    • 2Posts
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    Ghostbusterhull
    Short term low cost high borrow international credit card
    • #1
    • 19th Mar 17, 1:21 PM
    Short term low cost high borrow international credit card 19th Mar 17 at 1:21 PM
    Hi
    I've never had a credit card in my life!
    I have some money processing approximately 20K that will arrive in my bank account start of May. Mid April i am going to america and Disney world and this money was to fund that trip. Is there a credit card i can apply for that will allow me to borrow 10-15K in cash, purchase's and Dollars that i can pay back when the money comes to me in May. one that won't charge me for the things i need?
Page 1
    • PeacefulWaters
    • By PeacefulWaters 19th Mar 17, 1:39 PM
    • 6,394 Posts
    • 7,837 Thanks
    PeacefulWaters
    • #2
    • 19th Mar 17, 1:39 PM
    • #2
    • 19th Mar 17, 1:39 PM
    Would you like gold ingots with that?

    Getting a limit of that amount might be a problem. Creation Everyday credit card might be a starting point for you though.
    • Money Rollercoaster
    • By Money Rollercoaster 19th Mar 17, 2:35 PM
    • 246 Posts
    • 595 Thanks
    Money Rollercoaster
    • #3
    • 19th Mar 17, 2:35 PM
    • #3
    • 19th Mar 17, 2:35 PM
    Even if you do get a decent card for overseas spending, you're likely not to A. get the kind of limit you're looking at and B. the cash spend limit is likely to be a fraction of the total credit limit. My Barclaycard travel platinum (or whatever it is called) gave me a cash limit of only 25% of the total limit.


    That's an eye watering amount of money to be spending ...
    Living Life @ 174 BPM >> CC Balance (0%) -£3,565.99 - Target DFD Dec 2017 >> Loan (Car) (3.1%) -£19,803.74 - Target DFD Nov 2020
    • Ghostbusterhull
    • By Ghostbusterhull 19th Mar 17, 3:33 PM
    • 2 Posts
    • 0 Thanks
    Ghostbusterhull
    • #4
    • 19th Mar 17, 3:33 PM
    • #4
    • 19th Mar 17, 3:33 PM
    7 people, including kids, on the holiday of a life time, i don't want to be thinking about money to much, hence the potential large amount!
    • DCFC79
    • By DCFC79 19th Mar 17, 4:17 PM
    • 29,352 Posts
    • 18,558 Thanks
    DCFC79
    • #5
    • 19th Mar 17, 4:17 PM
    • #5
    • 19th Mar 17, 4:17 PM
    Spend less when away.

    Eat twice a day, no snacks and walk everwhere.
    Je Suis Charlie
    • eskbanker
    • By eskbanker 19th Mar 17, 5:16 PM
    • 4,770 Posts
    • 4,509 Thanks
    eskbanker
    • #6
    • 19th Mar 17, 5:16 PM
    • #6
    • 19th Mar 17, 5:16 PM
    i don't want to be thinking about money to much
    Originally posted by Ghostbusterhull
    ....which is presumably how you came to be in the situation where with less than a month to go, you don't have the money available to pay for it?!

    Realistically I think you'd be very fortunate to get a first credit card with that sort of limit, but what do your credit files look like? What sort of disposable income do you have? If you had been assuming the £20K would arrive first, what can you do to expedite it? Do any of the other people in the party have access to short-term funds?

    At the risk of generalising, most folk going on a Disney holiday would already have bought flights, accommodation, car hire and park tickets in advance, which ought to be the lion's share of the total cost - does your £10-15K overlap with any of that or is it just for food, etc?
    • Ben8282
    • By Ben8282 20th Mar 17, 3:36 AM
    • 1,913 Posts
    • 831 Thanks
    Ben8282
    • #7
    • 20th Mar 17, 3:36 AM
    • #7
    • 20th Mar 17, 3:36 AM
    It really is a shame that you have never held a credit card in your life. In your situation you will NOT be given a credit card with a limit sufficient to allow 10-15K spend. It isn't going to happen.
    Apply to your own bank first. You may be lucky and get something reasonable. Otherwise it will be one of the credit builder cards who will give you a 3 figure credit limit.
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