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  • FIRST POST
    • cgrossman
    • By cgrossman 11th Jun 17, 5:54 PM
    • 3Posts
    • 0Thanks
    cgrossman
    Which money transfer credit card?
    • #1
    • 11th Jun 17, 5:54 PM
    Which money transfer credit card? 11th Jun 17 at 5:54 PM
    I am looking to borrow 6k and am realising the best approach is to utilise 0% money transfer credit cards. However, despite having a 100% chance of being accepted for these types of credit cards (e.g. virgin money), there is no indication what my credit limit will be. The MSE credit club provides me with a very weak affordability score due to the combination of having no credit cards and low disposable income (due to my various loans). despite an excellent credit score. Am I likely to get a 6k credit limit from a money transfer card and if so, which one? If not, what strategy would you recommend?
Page 1
    • zx81
    • By zx81 11th Jun 17, 5:56 PM
    • 13,192 Posts
    • 13,509 Thanks
    zx81
    • #2
    • 11th Jun 17, 5:56 PM
    • #2
    • 11th Jun 17, 5:56 PM
    Very much depends on your income and other available debts and credit, and not at all on your credit score.

    Anecdotally, MBNA tend to give high limits.
    • cgrossman
    • By cgrossman 11th Jun 17, 6:04 PM
    • 3 Posts
    • 0 Thanks
    cgrossman
    • #3
    • 11th Jun 17, 6:04 PM
    • #3
    • 11th Jun 17, 6:04 PM
    would you therefore recommend applying for MBNA and seeing what limit I get and then applying for another card if need be?
    • zx81
    • By zx81 11th Jun 17, 6:04 PM
    • 13,192 Posts
    • 13,509 Thanks
    zx81
    • #4
    • 11th Jun 17, 6:04 PM
    • #4
    • 11th Jun 17, 6:04 PM
    Sounds like a plan.
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