When should I apply

Aparat

Hi. I did apply for halifax cc( got accepted with 3k limit 20 month deal) in August to do balance transfer from barclayard which I closed at 17 February 2012 ( There was 8k limit). So my question is when should I apply for a cc for purchases because obviously I don't want to use my BT card for purchases

Tixy

When should you apply? about 2-3 weeks before you want to start spending on it.

If you mean when will a lender take into account that you no longer have £8k limit from the barclaycard, that could take up to 7weeks to show on your credit file that the account is settled and you don't have access to that £8k.

Aparat

Tixy wrote: »

When should you apply? about 2-3 weeks before you want to start spending on it.

If you mean when will a lender take into account that you no longer have £8k limit from the barclaycard, that could take up to 7weeks to show on your credit file that the account is settled and you don't have access to that £8k.

Thats the one

Aparat

Im wondering what would be the best card to apply for with 15k salary spotless history for 6 years, managing cards for 6 years and so on...

camuk81

Try having a look at sites that offer soft searches without affect your credit file.

This will give a better answer for you

Tixy

With a good credit history then you only really need to watch out for any that have a higher minimum income than you have. They are the minority though, a table like this one would be worth a check before you apply anywhere - not point going for a £20k income one http://www.stoozing.com/purchases.php

Who do you bank with?

Aparat

With Barclays

Aparat

I was reading about all the ratios ( debt to income, debt to limit)) so my question is will it be better to apply now before my report is updated or wait and apply after. ATM on my report I have got Halifax CC limit 3000 balance 1600 Barclaycard limit 8000 balance 0 so after update( Closed Barclaycard on 17/02) my debt to limit will be over 50% so what do you think? any advice ?