Can you have two 0% credit cards?

living_in_hope_2

Hi all!

I've got one 0% credit card already and it's almost paid off.
However, I've got another CC with debt on it that I'd like to transfer (which I can't transfer onto the current 0% card).

Can I take out another 0% CC or should I wait till I have the first one paid off before I do so (probably another 2-3 months but I could probably speed it up).

Any advice?

Thanks!

joedenise

You can have more than 2 cards when your paying interest so I can see no reason why, as long as the provider you apply to will approve you for a 0% CC, you can't have 2 0% cards at the same time.

Denise

jaik

Yep, I currently have two. The only limitation I've come across is that you can generally only have one card from each bank.

giblet10

Oh yes, I've had several on 0% before now - I don't keep a balance so it was just by chance - I generally get new cards to get promotional points/cashback etc which usually also have a certain amount of 0% available.

longtermplanner

Yes you can have lots!

However, unless your borrowings are low in relation to your income, you are more likely to get another 0% offer after you have paid the first one off and closed it.

thebritishbloke

You can have as many as the lenders will give you. When a lender looks at your credit file, they can't see exactly what card you have or what lender it's with. They can just see what type of finance it is, what your credit limit is and you payment history etc.