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Gaps between credit card applications
Tomo4242
Posts: 1 Newbie
Hi,
I applied for, and got, a Tesco 0% credit card to balance transfer from a Barclaycard when that one's 0% rate was about to end. That was at the beginning of August. Now I've just found out about the 0% balance transfer that allows me to move my overdraft onto it and pay it off over 32 months. My question is, is it too soon to apply for another credit card?
I also have an Amex card that I've had for years and paid off every month and an M&S that I've not used for at least two years. I'm guessing that may affect my chances of acceptance one way or the other. I cancelled the Barclaycard when I transferred the balance out.
I applied for, and got, a Tesco 0% credit card to balance transfer from a Barclaycard when that one's 0% rate was about to end. That was at the beginning of August. Now I've just found out about the 0% balance transfer that allows me to move my overdraft onto it and pay it off over 32 months. My question is, is it too soon to apply for another credit card?
I also have an Amex card that I've had for years and paid off every month and an M&S that I've not used for at least two years. I'm guessing that may affect my chances of acceptance one way or the other. I cancelled the Barclaycard when I transferred the balance out.
0
Comments
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Two searches in a month won't do you any harm, and we can't really tell you whether you will or won't get accepted, just depends how badly MBNA want you as a customer.
If you're not planning on applying for anything anytime soon, it's worth a shot.Credit 'Score' - Don't buy the credit 'score' that Experian, Equifax and Noddle want to sell you. It's an arbitrary number that means nothing when it comes to applying for credit.
ALWAYS HAVE A DIRECT DEBIT SET UP FOR THE MINIMUM PAYMENT ON YOUR CREDIT CARDS, REGARDLESS OF WHETHER YOU PLAN TO LOGIN AND PAY EACH MONTH.0
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