Close BarclayCard before applying for another?

clipid

Hi all,

I'm just about at the end of my 6 months interest period on my BarclayCard.

I plan to pay off the outstanding balance in full.

I don't plan on using the card after this as I already have a regular HSBC Credit Card that I use.

I want to apply for a Tesco Credit Card to take advantage of the 13months interest free period on purcahses.

I'm not sure my Credit Rating is that bad, but it's maybe not that great either. I have £2,000 limit on my HSBC and £1,000 on my BarclayCard. I've had the HSBC Card for 2.5 years (increased limit by £1,000 to £2,000 early this year) around the same time I applied for the BarclayCard (6 months ago) I also applied for 2-3 other credit cards, but was denied on all of them.

Question: Should I close my BarclayCard before I apply for the Tesco one?

Peggy0628

I think you should wait a few months first (you have 2-3 credit searches already and that might look a bit desperate to the lenders), if you cancel barclaycard before you apply it would help you. Also make sure you don't miss any payments on the cards you have and try not to get too close to the limit (you should only use no more than 70% of you limit on each card. It doesn't look good when you struggle to stay within your limit all the time)...