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Closing card
Cameron1590_2
Posts: 193 Forumite
in Credit cards
Hi all,
I have recently got a barclay card with a decent arp rate and 0% for 14 months my other card is my main bank which is a fair Apr as well at 19%.
I always clear my balance in full however I have an aqua card which is 50% apr! yes you read it right!
My question is I have only had the aqua card 8 months and it is of no use to me know, like I said I clear my balance in full however the card is of no use to if I ever had to carry a balance for two months etc so would cancelling the card have any adverse effects on my credit rating, as I've had it less then a year?
Any advice appreciated!
Cam
I have recently got a barclay card with a decent arp rate and 0% for 14 months my other card is my main bank which is a fair Apr as well at 19%.
I always clear my balance in full however I have an aqua card which is 50% apr! yes you read it right!
My question is I have only had the aqua card 8 months and it is of no use to me know, like I said I clear my balance in full however the card is of no use to if I ever had to carry a balance for two months etc so would cancelling the card have any adverse effects on my credit rating, as I've had it less then a year?
Any advice appreciated!
Cam
0
Comments
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If you're clearing in full then it'll be fine to cancel the aqua.0
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