Reapplying for a cc after closing account with same company

2003wastheyear

Hi Guys
I paid off my credit card (Virgin) last month and now have a huge overdraft which Lloyds charge me a fortune for. Martin says the cheapest thing to do is get a credit card...with Virgin etc!!!
How long do I have to wait to reapply with this company?
Arrgghh
Thanks!

chexum

For most of the cards, MBNA seem to need 6 months:

http://www.stoozing.com/cards.php

YorkshireBoy

2003wastheyear wrote: »

Hi Guys
I paid off my credit card (Virgin) last month

Providing there is no residual interest due this month, and the account has been run well, then you may find they'll offer you a 'deal' to stay with them. Ring 0800 783 1116 for their retentions team.

Any 0% 'money transfer' offer will have a circa 4% fee attached though.

I understand that whilst the wait for EXACTLY the same MBNA card may be 6 months, there's nothing stopping you from applying for another, different, MBNA run card now.

Why stay with MBNA though? Egg will do you 14 months 0% for a 3% fee, and M&S will do you 15 months 0% for a 1% fee (via their Sterling travellers cheques).