Building a new credit report

Jimbob98

Hi Guys
Trying to build my credit file and was wondering next best action to help, any advice appreciated. only want to build my file-dont need the money itself

have my first CC with HSBC for almost 4 months now, 4,750 limit. I have kept purchases to 1k and paid in full each month
on electoral roll at parents hse and on 21k salary-age 25

is it better to keep with this card for longer?
or should i apply for another sub prime like barclaycard initial to diversify my credit report? could wait another 2 month if it helps
i do have a store card with house of fraser though havent used in agessss. do you think i could get them to upgrade to mastercard or no as i rarely use it?
no searches in last 4 months

thanks for help all!

BugsyBrowne

Jimbob98 wrote: »

Hi Guys
Trying to build my credit file and was wondering next best action to help, any advice appreciated. only want to build my file-dont need the money itself

have my first CC with HSBC for almost 4 months now, 4,750 limit. I have kept purchases to 1k and paid in full each month
on electoral roll at parents hse and on 21k salary-age 25

is it better to keep with this card for longer?
or should i apply for another sub prime like barclaycard initial to diversify my credit report? could wait another 2 month if it helps
i do have a store card with house of fraser though havent used in agessss. do you think i could get them to upgrade to mastercard or no as i rarely use it?
no searches in last 4 months

thanks for help all!

You can't upgrade from a house of fraser store card to their mastercard,you will have to make a fresh application for the mastercard.

Jimbob98

Hihi
okies thanks-will check with them about application time lines

Do u think better to stick with current CC or apply for an Initial or Flybe after I've had current card for 6 months (currently 4)
Thanks

Dr_Cuckoo3

Jimbob98 wrote: »

i do have a store card with house of fraser though havent used in agessss. do you think i could get them to upgrade to mastercard or no as i rarely use it?

star-fire wrote: »

You can't upgrade from a house of fraser store card to their mastercard,you will have to make a fresh application for the mastercard.

From the T&C

"9.8 If we give you a Card without a payment scheme logo to begin with, we may replace it in the future with a Card with a payment scheme logo, unless
you have asked us not to. We may provide a Card which displays a different payment scheme logo or another logo associated with a payment
scheme as a replacement Card as long as we reasonably think you will get the same or a better service with that Card. For operational reasons we
may change Card and Account numbers at any time, including when we issue replacement Cards."


http://www.houseoffrasercards.co.uk/cards/en/ click "apply now" =

https://www.santandercards.co.uk/apply/cardapplication/houseoffraser click "confirm & apply" =

https://www.santandercards.co.uk/apply/content/Card_Additional_Conditions.pdf = T&C


You may need to navigate to the pages in the order above - direct links may not work :idea:


Having said that Santander Cards UK Limited wouldn't know the T&C if it hit them in the face - :Dwant a upgrade ? - use your brain :rotfl:

Jimbob98

Yep looks like i cant apply for MC as i already have a store card with them, they dont do upgrades as above. will call them and to close and open again as a MC. thanks

bengalknights

If your applying for any card then i would recommend the mbna/virgin cards as there quite a stringent company along with amex so if you got one it would look much better than cards that are given to almost anyone like vanquis capital one barclays etc