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0% deal coming to an end...
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Cat2011
Posts: 481 Forumite
in Credit cards
Morning,
As you can see from my signature I have 6 credit cards, all at 0% (bar Halifax which is low %). The Natwest card is due to end soon, and I was wondering what to do about it.
I could pay it off and cancel the card, pay it off and keep the card, or transfer the balance. I've had the card a long time, and it has a good payment history, so I'd like to keep that one open as it looks good on my credit record (correct me if I'm wrong about that!). If I did try and transfer the balance again, would I have issues opening another card, seeing as I already have 6? Also can I open another card with a provider that I already have a card with? Or would I have to go with another provider, like maybe Nationwide?
Any help would be appreciated
As you can see from my signature I have 6 credit cards, all at 0% (bar Halifax which is low %). The Natwest card is due to end soon, and I was wondering what to do about it.
I could pay it off and cancel the card, pay it off and keep the card, or transfer the balance. I've had the card a long time, and it has a good payment history, so I'd like to keep that one open as it looks good on my credit record (correct me if I'm wrong about that!). If I did try and transfer the balance again, would I have issues opening another card, seeing as I already have 6? Also can I open another card with a provider that I already have a card with? Or would I have to go with another provider, like maybe Nationwide?
Any help would be appreciated
0
Comments
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If you can pay it off, i would. What is the point in keeping it if you have 5 others?!DEBT FREE AND PROUD
'Better to remain silent and be thought a fool than to speak out and remove all doubt'0 -
Well I was thinking of keeping the money in my savings account to earn interest, but after doing the math, transferring to a new 0% card would only earn me 20 quid. So reckon I'll just pay it off.Debt-free 27th July 2012!0
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