Empty credit cards... what to do?

murphwiz

I've currently got a pair of nil balance Barclaycards.

Also, got a Egg with 0% til March, and a Cahoot that I'm paying interest on.

Now I'd like to apply for a 0% card to move Cahoot balance to.

My question is, In light of a new application should I surrender the Barclaycards to free up the possible spend?
or apply anayway?

Mr_Nick_3

I'd say that the more dorment cards or band accounts you have, the more chance of fraud being commited using them.

If you have a card you don't use, my advice would be to close it.

Martinslovechild

Why not move the Cahoot balance to Egg too to take advantage of 3 months 0% there, then move that balance on to a new card at that time?

murphwiz

Why not move the Cahoot balance to Egg too to take advantage of 3 months 0% there, then move that balance on to a new card at that time?

Not enough room on egg for that!
Moved barclaycards onto egg, as the barclaycards hurt more!

Martinslovechild

OK

Go for either:-

Lloyds Advance (12m 0%)
Halifax One (9m 0%)
HSBC Gold (9m 0%) - 3rd choice as they seem to be taking extraordinarily long amounts of time to get back to people!!

Hobo_2

murphwiz, your Barclaycards can be useful now you have nil bal on them, seen threads claiming 0%6 mth if you ring & ask but i`m pretty sure they give existing customers 2.9% life of Bal if you BT back to them

http://forum.moneysavingexpert.com/cgi-bin/yabb/YaBB.cgi?board=Questions;action=display;num=1100429775

johnllew

murphwiz, your Barclaycards can be useful now you have nil bal on them, seen threads claiming 0%6 mth if you ring & ask but i`m pretty sure they give existing customers 3.9% life of Bal if you BT back to them

But BC now tend to charge existing customers the 2% handling fee.

funkymonkey

that is true but only up to a max of £35 so if your banlance is high enough its not that much of a big deal.

johnllew

that is true but only up to a max of £35 so if your banlance is high enough its not that much of a big deal.

The £35 max only applies to new customers, I understand.

deemy2004

cahoot is a apparently an harder one to get

Best close down your unused cards first and then maybe give it time to show up on the credit score before trying cahoot.