Best card to apply to after sub-prime

digitalphase

I currently have a 5 late payment marker in the last 12mths and some '3's for one settled account 18mths ago. I have some other adverse but this is due to drop off in November and December this year.

I have (or will have, when received in post) 3 sub-prime cards which I am going to use to rebuild my credit history. Capital One, Vanquis and Aqua.

Hopefully I'll be getting lots of green 0's to join the others I have from my current account, O2 account and some other older ones.

I was thinking about whether I can try for a mainstream card in December, or would I be better off waiting the full 12mths? What card would be best to try?

I am with Barclays and have been banking with them for about 12 years (no adverse).

NickX

I have seen it reported that Flybe offer card that has been accepted by many who have previously operated sub-prime accounts.

In addition, MBNA offer one that requires a £100 deposit. But seeing as there is currently a thread where MBNA appear to be trying to get out of returning the £100 deposit, be careful with this one.

digitalphase

Thanks Nick.

Anyone else got any recommendations?

PNPSUKNET

NickX wrote: »

I have seen it reported that Flybe offer card that has been accepted by many who have previously operated sub-prime accounts.

In addition, MBNA offer one that requires a £100 deposit. But seeing as there is currently a thread where MBNA appear to be trying to get out of returning the £100 deposit, be careful with this one.

Do you have a link?

PARIS_5000

HSBC and ARGOS

digitalphase

HSBC only accept current account holders for their cards and I have a Barclays account.

Has anyone else been through the 'clearing up your credit report thing' and come out the other side with a mainstream card?

Also I had an account with Virgin which I only closed in November but that shows as a few missed payments, just 1's though, so not sure whether they'd give me another card just yet.

Innocent_Guy

digitalphase wrote: »

HSBC only accept current account holders for their cards and I have a Barclays account.

Has anyone else been through the 'clearing up your credit report thing' and come out the other side with a mainstream card?

Also I had an account with Virgin which I only closed in November but that shows as a few missed payments, just 1's though, so not sure whether they'd give me another card just yet.

So you got accepted for Virgin?

digitalphase

Innocent_Guy wrote: »

So you got accepted for Virgin?

I had a Virgin card but the interest rates were ridiculous so my OH allowed me to transfer the balance to his 0% card and I closed the account. I had missed/late payments with them but only a few and only 1's. I closed it in November, wish I'd kept it open now, but not sure they would have resumed my credit limit because of my history anyway.

digitalphase

Experian only have one late/missed payment for Virgin/MBNA whereas Equifax has 3...They are staggered though, not close together

Though overall I think my Experian looks better than Equifax as the latter have some old stuff from my very first address on there still :rolleyes:

What about Barclaycard?

claire6hy

flybe im between sub prime and normal, and i got one

digitalphase

Thanks Claire, do you mind me asking what your adverse was before getting the sub-prime and how long it took for your file to recover? Did you leave it a year?