Zero balance

centrehalf_2

I have two mastercards tescos and Rbs both have a zero balance on them each with a credit limit of £3500, is it better to keep these unused with a zero balance on them both to improve my credit rating or ditch them?

CLAPTON

depends upon your general financial circumstances

YorkshireBoy

centrehalf wrote: »

is it better to keep these unused with a zero balance on them both to improve my credit rating or ditch them?

The former will probably do nothing for your credit rating (why would it?...you're not using and repaying a credit facility), whereas the latter may go either way depending, as CLAPTON says, on your other financial circumstances.

McKneff

If youre going to keep them, make sure that they dont have a dormancy fee.

Amex charge you £20 if you dont use the card for a year.

centrehalf_2

Ok thanks credit rating good.