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cancelling credit card to get a new 0% deal

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Hi all, I have a tesco credit card with no balance outstanding. My 0% interest runs out next month. I would like to have a new card with another 0% deal. Is it just a case of closing my account and applying for a new 0% card if so do I have to wait between closing old card and getting a new one?

Comments

  • bargainbetty
    bargainbetty Posts: 3,455 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    You usually have to wait between 3-6 months for a card with the same lender, and there is no guarantee you will get the deal on application. You could try looking at another lender in the meantime.
    Some days, it's just not worth chewing through the leather straps....
    LB moment - March 2006. DFD - 1 June 2012!!! DEBT FREE!



    May grocery challenge £45.61/£120
  • If I went with another company would I have to wait long. Thanks
  • Cycrow
    Cycrow Posts: 2,639 Forumite
    depending on your credit file, you may not need to wait at all.

    it would depend if you can get accepted or not
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