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Tesco Credit Card 0% on purchase for 13months, HELP???

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Comments

  • ElmerFudd
    ElmerFudd Posts: 444 Forumite
    In some cases the minimum payment is 2.25% (as with my barclaycard).
    Debt at worst: £33000 (Feb 2011). Present debt: £25610 (Apr 2012)
    Lloyds old (22.4%) = 560 (Dec 2012)
  • izools
    izools Posts: 7,513 Forumite
    1,000 Posts Combo Breaker
    Thanks.

    Does anybody know what the maximum balance you would typically be allowed on a 0% credit card?

    As I mentioned, I would like to spend over £7000 on one transaction, would this be possible or would it be well over the typical credit limit?

    Unfortunately there's no such thing as a "Typical" credit limit. Some people have been approved for a Tesco card with a £250 limit, others with a £12,000 limit.

    You will need a seriously comprehensive credit history, very stable circumstances, low debt levels, and not many lines of credit already available to be approved for a credit limit of £7,000 or more.
    Cashback Earned ¦ Nectar Points £68 ¦ Natoinwide Select £62 ¦ Aqua Reward £100 ¦ Amex Platinum £48
  • Cheers for the knowledge, I'll report back should I go with this option :-)
    Matt. :money:
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