credit limit

r.mtb

Just got accepted for a capital one credit card,wasn't the one I wantesd but barclays and the like won't accept me,anyway,I want to transfer from my santander card but the new cards limit doesn't cover the balance,anything I can do about that,ideas pleeease

MrSilk

Have you called Capital One to ask? - They may be able to advise better than we can.

[Deleted User]

Transfer what you can, and start enjoying the savings.

shortcrust

r.mtb wrote: »

Just got accepted for a capital one credit card,wasn't the one I wantesd but barclays and the like won't accept me,anyway,I want to transfer from my santander card but the new cards limit doesn't cover the balance,anything I can do about that,ideas pleeease

Well you're stuck with the limit you've got from Capital One for a while. You can't ask them for increases - they just tell you if and when they decide to give you one. This often happens at around six months after you get the card so be prepared to wait for at least six months.

r.mtb

Yeah I thougt I'd av to phone them,no point having another card if you can't transfer the entire balance,thanks

Fruit_and_Nut_Case

r.mtb wrote: »

...no point having another card if you can't transfer the entire balance, thanks

I beg to disagree. If you can transfer any expensive debt to a cheaper alternative you should go for it. Assuming any fee involved does not exceed the potential saving in interest, of course.