Granite and Vanquis

mattlfc79

Hi all,

I was wondering if it is possible to have a Granite card aswell as a Vanquis card?

My thinking is a better APR as my Vanquis is on 69.9%!

Not that it really matters as I pay it off. Still might mean more green zeros!

Thanks all

simax

No, not possible unfortunately.

69.9%?!?!? Jesus!! :eek:

spikescot2005

Why not try aqua or capital one if your looking for a better apr

MoneyWasting_Expert

69.9? I didn't think a interest could be that high for a credit card. You have a Capital One Classic in your sig, still open? You might be limited to other options. On the bright side you don't have the APR of Wonga.

izools

mattlfc79 wrote: »

Hi all,

I was wondering if it is possible to have a Granite card aswell as a Vanquis card?

My thinking is a better APR as my Vanquis is on 69.9%!

Not that it really matters as I pay it off. Still might mean more green zeros!

Thanks all

Adding another credit card to your profile won't help.

It's not just about green zeroes - far from it.

Creditors like to see stability and well planned financial decisions - collecting credit accounts willy-nilly; even if they are run impeccably; isn't what prime creditors will be looking for when your CCJ and defaults drop off.

You're best off leaving as is :beer:

Konamb212

Holy Maloney!, there was me thinking I was bad at 54.9% !!

TheMoneySavingNovice

izools wrote: »

Adding another credit card to your profile won't help.

It's not just about green zeroes - far from it.

Creditors like to see stability and well planned financial decisions - collecting credit accounts willy-nilly; even if they are run impeccably; isn't what prime creditors will be looking for when your CCJ and defaults drop off.

You're best off leaving as is :beer:

How many credit cards would you suggest to have?

cookie.monster_6

izools wrote: »

Adding another credit card to your profile won't help.

It's not just about green zeroes - far from it.

Creditors like to see stability and well planned financial decisions - collecting credit accounts willy-nilly; even if they are run impeccably; isn't what prime creditors will be looking for when your CCJ and defaults drop off.

You're best off leaving as is :beer:

What advice would would you give then? Cheers

mattlfc79

Thanks for all your comments.

Is the best thing to keep my 2 credit cards running and close them maybe a month or 2 after all adverse drops off and then apply for mainstream?

Cheers

izools

RE: Best number to have - no magic number - but the more you have, the more comitted you appear. Also, the youngest your most recently opened account is, the less stable you appear.

I personally have one active credit card, one active bank account w/ overdraft, one active mobile phone account and one active loan account.

mattlfc79 - if I were in your position, I would leave all as is, and save closing your cards until after you've been approved for a mainstream card next year.