Accepted for Nationwide 0%, is it worth applying for others?

gamma

I've just been accepted for Nationwide at 0% but the credit is about half of what I need to balance transfer all my debt. Do you think it's worth apply for another card at another provider using this same credit agency as Nationwide, to see if I will be accepted there? Or should I wait?

YorkshireBoy

Make the second application as soon as possible, ie so they only see the search...not the account and it's limit when they search your file.

If you're rejected you may wish to hold off for a while.

chattychappy

Agree. I've certainly applied for two CCs on the same day and been successful. For some time afterwards, they only showed up as searches.

sfax

YorkshireBoy wrote: »

Make the second application as soon as possible, ie so they only see the search...not the account and it's limit when they search your file.

If you're rejected you may wish to hold off for a while.

+1 I have done this recently and was accepted for Tesco and Nationwide (both Experian) within a few weeks of each other (and before new credit agreement appeared on Experian report)

YorkshireBoy

sfax wrote: »

+1 I have done this recently and was accepted for Tesco and Nationwide (both Experian) within a few weeks of each other (and before new credit agreement appeared on Experian report)

In my stoozing heyday I'd often make 5 applications in my lunch break! Granted, as I wouldn't need further credit for a year or more I wasn't bothered by the impact on my credit rating.

gamma

Ok Great so which other cards use Experian? I figured this would be my best chance

ses6jwg

barclaycard tend to offer higher credit limits

gamma

I already have a barclaycard (thats where the debt is!)

I've just applied for a Tesco one and got accepted for 22 months 0% but a low credit limit £1800.

That means I can clear off most of the debt, but not all.

What are the chances of them now declining after being accepted online, because of too many applications?

I guess I should leave it now? Or try for 1 other?

Thoughts?

YorkshireBoy

gamma wrote: »

What are the chances of them now declining after being accepted online, because of too many applications?

Slim!

I guess I should leave it now? Or try for 1 other?

See my post #5 above, and apply the same logic.

sfax

Most use Experian. Personally I would apply again now. Worse case scenario is a rejection but in 6 months that 2nd search and your Tesco search will be far enough in the past to be insignificant.

gamma

Applied for 2 others (Natwest and Sainsburys) and got declined. Best to leave it be I think?