Can I buy a car on a 0% credit card?

YorkshireBoy

wickison23 wrote: »

£6k on Amex that I use day to day and pay off each month. I have £15k on mbna but don't use it and have nothing outstanding. I understand what your saying, don't need you to explain any further. What I'm after without disclosing lots of information on line to strangers is which cards are likely to help me.

The problem you have is that you're not disclosing enough information...ie you were asked which credit cards you have and you said Amex. You've now just thrown a £15K MBNA card into the mix.


This does affect the advice you can be given.


But I'll have one last stab...


MBNA are known to give some of the highest credit limits. However, two things stop you from going this way...


1. You already have one (as it now transpires), and


2. They don't have a good 0% on purchases card.


After MBNA (in my experience), the next best credit limit will come from your bank...the one that receives your "management accountant" salary. So do they have a good 0% on purchases card?

wickison23

YorkshireBoy wrote: »

The problem you have is that you're not disclosing enough information...ie you were asked which credit cards you have and you said Amex. You've now just thrown a £15K MBNA card into the mix.


This does affect the advice you can be given.


But I'll have one last stab...


MBNA are known to give some of the highest credit limits. However, two things stop you from going this way...


1. You already have one (as it now transpires), and


2. They don't have a good 0% on purchases card.


After MBNA (in my experience), the next best credit limit will come from your bank...the one that receives your "management accountant" salary. So do they have a good 0% on purchases card?

Thanks, your a hero.

chattychappy

After MBNA (which I've had for years), Barclaycard Plat gave me the highest opening limit - it was around 10K (can't remember). Natwest Plat gave me 9.5K. I "bank" with Nationwide, think I have 7K on their "Select" card. Other CCs have me lower limits.

Personally I don't have any problem disclosing financial info online. Even if somebody worked out my identity, there isn't much they could do with it without specifics - eg account numbers.

YorkshireBoy

chattychappy wrote: »

After MBNA (which I've had for years), Barclaycard Plat gave me the highest opening limit - it was around 10K (can't remember). Natwest Plat gave me 9.5K. I "bank" with Nationwide, think I have 7K on their "Select" card. Other CCs have me lower limits.

MBNA £24.5K
Nationwide Select £9K
Santander Zero £8K
YB Gold £8K
Tesco £8K
Barclaycard £6K
MBNA £500 (swap limits around for various offers)


Previously, Lloyds - 2 @ £15K running concurrently. Very nice for stoozing


But for every poster saying Barclaycard gave me my highest limit, there will be another saying NatWest. Hence it's very difficult to deduce who gives "the highest" limit. So the best advice generally, is MBNA followed by your bank (unless it's HSBC, who are not known for granting high limits...unless someone comes along and says they are for them ).

themull1

wickison23 wrote: »

£6k on Amex that I use day to day and pay off each month. I have £15k on mbna but don't use it and have nothing outstanding. I understand what your saying, don't need you to explain any further. What I'm after without disclosing lots of information on line to strangers is which cards are likely to help me.

Do you mean you have a £15000 credit limit on an empty MBNA card or you have £15000 on a card already? if that card is empty, close it down, you're more likely to get a higher limit on your next credit card, Barclays do a good 29 month 0%.

Sparx

smithy999 wrote: »

A management accountant that can't spell!

At least he's good at keeping his costs down, buying a 10k car.

wickison23

smithy999 wrote: »

A management accountant that can't spell!

Wow, smithy999 you have time at the weekends to pull people up over spelling errors... on forums... when the vast amount of errors belong to predictive text.

Did it make you feel big?

Keyboard warrior, living life to the max. Do what you can for social interaction. :rotfl:

Thanks to everybody else who helped. :T

chattychappy

wickison23 wrote: »

the vast amount of errors belong to predictive text.

Ah yep, I'm not responsible. It was my IT.

Sounds like modern management to me!

...sorry couldn't resist!:D:D:D