We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
High Value Credit Card Transfers

tottonpompey
Posts: 1 Newbie
in Credit cards
Hi all,
I have an EGG Card, which leapt from 17 to over 21% interest. I have a balance of around £10k and am looking to transfer the balance.
My problem is that despite having a credit score of 989 (if i remember rightly, but certainly very good) balance transfers are generally set at around £3000 credit limit.
If you aspply for several cards this brings your score down - what can I do?
I have an EGG Card, which leapt from 17 to over 21% interest. I have a balance of around £10k and am looking to transfer the balance.
My problem is that despite having a credit score of 989 (if i remember rightly, but certainly very good) balance transfers are generally set at around £3000 credit limit.
If you aspply for several cards this brings your score down - what can I do?
0
Comments
-
tottonpompey wrote: »...balance transfers are generally set at around £3000 credit limit.If you aspply for several cards this brings your score down - what can I do?0
-
You credit score generated by either experian or equifax is absolutely meaningless...just a waste of money. Each lenders will have their own criteria to assess your application, the credit limit you will very much depend on your income, level of debt and credit already available to you...0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 348.3K Banking & Borrowing
- 252.1K Reduce Debt & Boost Income
- 452.4K Spending & Discounts
- 240.8K Work, Benefits & Business
- 617.1K Mortgages, Homes & Bills
- 175.6K Life & Family
- 254K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 15.1K Coronavirus Support Boards