How long to wait till applying?

RadicalRooster_2

Hi all!

I have just 'upgraded' my main Halifax bank account. I used to have a simple 'Card Cash' account which I have had since I was young, and I don't think it was doing much for me, so I have now upgraded to a Reward Current Account.

I wanted to also apply for an overdraft and credit card in order to start building up credit (I don't spend what I don't have hence never needing either before) after some recommendation. Whilst I was on the phone to Halifax, they guy said he can only upgrade my account now and I would have to wait before I could apply for the other two.

I did ask how long I would have to wait and I wasn't sure if he said 16 or 60 days, so I was just wondering if anyone could confirm how long I should wait. I'm not in a rush to apply for either, I just didn't want to apply too early and get into any trouble.

Thanks!

Curr946

the reward account should come with a standard £100 overdraft.. as for the credit card, i would wait 6 month to prove you are able to run the current account without a problem.

or try capital one provided you are willing to clear the balance in full each month as the interest rate is like 40% or something mental like that

chanz4

no it doesnt come with an overdraft, you have to apply for it they say 6 months for credit eg overdraft or credit card

RadicalRooster_2

Thank you for your replies.

This isn't a new account, they said I can 'upgrade' the account I was using to a current account, so would it still be 6 months from when the account is upgraded?

chanz4

yes as before you were not allowed credit