Partners Credit Card Application

dynamoMan

I'm nearing the end of my Barcley 0% period and transferred part of the remaining debt to another credit card that I just set up.

Setting up yet another credit card for the remainder of the balance makes me nervous in case I adversely affect my credit rating with two back to back applications.

The question is all current credit cards are under my name. If my wife set up a card would that reduce the risk? Could she even get a new customer deal from Barcley?

We have a joint mortage and stay at the same address and we both have jobs if that is relevant?

Thanks.

grumbler

Two applications in a row isn't a lot.
Why would you want another Barclaycard if you can't transfer balances within the same provider? Also, most providers do allow transferring balances from other people's cards, but there are some exceptiongs, e.g. Santander IIRC.

Tixy

Making 2 credit card applications won't an ongoing adversely affect on your ability to get credit.

Its true you may be slightly less likely to get accepted for the second card, but if you try and are declined then that decline won't do you any harm.

If your wife is able to get a credit card in her name then she should be able to do a balance transfer to pay off some of your debt. But not from barclays, you cannot do a balance transfer to a card with the same card provider. Obviously she then becomes legally liable for the debt in her name.

dynamoMan

Thanks for your advice, I'd assumed that the quick succession of applications for credit would look really bad.

I also hadn't considered the transfer restrictions were based on the provider not the individual. Seem obvious now you've pointed it out.

:T