M&S credit card

fluffi37

Hi

I am about to close the card due to not using it.
I see that m&s new card applic get 10 mths 0% on purchases. Do you think its likely that I will get offered this offer or is it better to close the card and then reapply (and if so how long should I wait?)

I recently applied for the A&L premier account so I dont want too many checks done... (by the way does anyone know how many is too many and in what period of time?)

Thanks
:beer:

YorkshireBoy

fluffi37 wrote: »

Do you think its likely that I will get offered this offer...

No chance!

...or is it better to close the card and then reapply (and if so how long should I wait?)

Yes. I was accepted after 3 months, but the wait may be shorter than that.

I recently applied for the A&L premier account so I dont want too many checks done... (by the way does anyone know how many is too many and in what period of time?)

I don't think current account searches are as 'bad' as credit card searches. However, that's just my opinion, having opened quite a lot of them!

As to "how many is too many?", you won't find out until you start to get declined for credit. There are some figures put about...one per month, 2-3 per month and then a 3 month wait, max 10 per year. At the end of the day though, we're all different and so to find out how hot something is you sometimes have to touch it!

fluffi37

Hi YB

thanks for ur quick reply - how do you know how long to wait??

thanks

Amy83

Just echoing what Yorkshire Boy's said really, it's very very unlikely that you'll get any sort of offer from M&S for exisiting customers...I was with them for years and they never offered anything, even having the nerve to get extremely snooty with me when I called to ask. I mean, how dare I ask something about my own credit card?! :rotfl:

I closed mine a couple of months ago, and if I remember rightly they told me it'd be three months before I was able to apply again - just ask when you're cancelling it