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New 0% Credit Card - High Credit Limit
BarleyGB
Posts: 250 Forumite
in Credit cards
Im looking for some advice on Credit Card limits.
I hear of friends having high limits, £20,000, £30,000 and the like, and always wonder how this comes about.
Personally the highest ive been given is £6000.
Im lucky and have a very good income, few debts, am a home owner (mortgagee) and never had any bad debts.
Im looking to buy a car and rather than spend savings im wondering how I could apply for a 0% CC with enough limit to hopefully buy a car then clear the debt after a year / 15 months?
Does anyone have any experience or advice which companies or how I might go about getting a card with a high limit?
Thank you.
I hear of friends having high limits, £20,000, £30,000 and the like, and always wonder how this comes about.
Personally the highest ive been given is £6000.
Im lucky and have a very good income, few debts, am a home owner (mortgagee) and never had any bad debts.
Im looking to buy a car and rather than spend savings im wondering how I could apply for a 0% CC with enough limit to hopefully buy a car then clear the debt after a year / 15 months?
Does anyone have any experience or advice which companies or how I might go about getting a card with a high limit?
Thank you.
0
Comments
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High limits were common back in the olden days. We all used to get 20-30k at the drop of a hat. But things have tightened up since.
MBNA tend to give higher limits than the average.0
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