Unused Credit Cards

Hilser

Hi, I think I accidentally posted in the wrong place earlier so apologies if showing again.

I have 2 credit cards aimed at people with poor ratings to improve my score which has been successful. One of the cards has a limit of £250 which I pay off in full monthly. The other card has a limit of £100 and has a zero balance and I do not use it.

Should I cancel the unused card, or keep it active because the other limit is so low, to show my amount of available credit as this seems to be a factor in improving score?

Thank you!

Tixy

Hi

Do you have any other credit accounts on your credit file?

How much of the £250 limit card do you tend to use a month? are you using it just for credit building purposes?

Hilser

Hi Tixy,
Thanks for your reply. I tend to use around £200 per month on the other card and pay off in full. I use it mainly for credit building or for hotel stays instead of my debit card. I have no other credit accounts apart from my mortgage, but I do have 1 default account from years ago.

Thank you :-)