Do I cancel these cards??

K9cuddles

Help! I've paid off my Barclaycard 14.9% (£500) and my Monument 21.37% (£1.5k) with my HSBC 0% BT deal.

I've got 1 problem, I WAS going to cancel them and cut them up... but I'm still getting charged 17% interest on a £1.8k OD I have, so I thought I need to do a SBT. But either cards are suitable, and I can't think of a way round it!! Can you??

I think I'm better getting rid and applying for a SBT with a more suitable card???

YorkshireBoy

Click 'Super BTs' in the blue box above your first post - the cards offering SBT's are listed there.

Cancel the other 2 cards. Depending on your available credit/salary ratio, you might want to wait until these are showing 'settled' on your CRA files before applying for more cards.

K9cuddles

YorkshireBoy wrote:

Click 'Super BTs' in the blue box above your first post - the cards offering SBT's are listed there.

Cancel the other 2 cards. Depending on your available credit/salary ratio, you might want to wait until these are showing 'settled' on your CRA files before applying for more cards.

Yes.. that's what I was planning to do.. I guess I'll just have to risk (and hope) I get a big enough limit to cover the OD..

K9cuddles

1 more thing! I see MINT do SBT! I have a card with them... I just have £700 to pay off, once back to £0.00 do you reckon that would give an existing customer a good deal???

[Deleted User]

Depending on the fees incurred, you could take a cash advance to repay the o/d and then BT that over to hsbc as well.

K9cuddles

I'm at my max on the HSBC card.

Verbatim

Could you ask HSBC to increase your credit limit?

K9cuddles

I've only just got the card!! I doubt they will!!

Well Mint have not offers for existing customers part from no handling fee on BT. I HAVE cancelled the Barclaycard and Monument. I'm going to use the £700 from Mnt on the£1.8k = £1.1k minus £400 savings = £700 - £500 from my First Direct OD = £200 to find ASAP.. a very long winded plan but should pay off in the long run!