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Newbie: Help pls! Promo rate due to run out!
Wildorchid_2
Posts: 2 Newbie
in Credit cards
Hello,
£2,000 virgin
£2,400 Halifax with the promotional rate of 0.00% due to expire next month April.
£550 Barclaycard @19%apr (my bank) with a limit of £1,100
I did enquire about the lifetime rate on balance transfers for which they can offer 6.9% but currently only up to my limit unless I apply for an increase. Although it would be ideal to put all on to Barlcaycard, I don’t think they’ll increase my limit to £5,000 & don’t want to risk being declined as I’m sure this will result in being stuck with the balances where they are! My limit has only just been increased (after 4 years!) since I stopped clearing the balance in full & set to a monthly amount.
3 months ago I applied to increase my virgin limit by £300, but it didn’t go through. Could this show on my credit file? Previously my last credit app was 6 months ago where I applied to increase my grad Barclayloan which was declined. I checked my credit file which is fine in terms of payments (I always pay above min), so think this was due to high amount apps when I last transferred a balance. I have a good record with my bank, but only use the one.
The only problem is I have just changed jobs & only been working in my current role for 4 month, & am not a homeowner which may go against me. What is my best course of action? Please help!
£2,000 virgin
£2,400 Halifax with the promotional rate of 0.00% due to expire next month April.
£550 Barclaycard @19%apr (my bank) with a limit of £1,100
I did enquire about the lifetime rate on balance transfers for which they can offer 6.9% but currently only up to my limit unless I apply for an increase. Although it would be ideal to put all on to Barlcaycard, I don’t think they’ll increase my limit to £5,000 & don’t want to risk being declined as I’m sure this will result in being stuck with the balances where they are! My limit has only just been increased (after 4 years!) since I stopped clearing the balance in full & set to a monthly amount.
3 months ago I applied to increase my virgin limit by £300, but it didn’t go through. Could this show on my credit file? Previously my last credit app was 6 months ago where I applied to increase my grad Barclayloan which was declined. I checked my credit file which is fine in terms of payments (I always pay above min), so think this was due to high amount apps when I last transferred a balance. I have a good record with my bank, but only use the one.
The only problem is I have just changed jobs & only been working in my current role for 4 month, & am not a homeowner which may go against me. What is my best course of action? Please help!
0
Comments
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It's not like you have much options really. You will have to take a bite and try to apply for new card.
Who do you bank with?0
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