Credit Card Recommendations

CathG78

Hi All,

I have an Aqua credit card and a Luma credit card. I don't have a brilliant credit history and these were the only two I could get 18 months ago. I started with a 200 limit on both, but over time, I now have a £3,000 limit on the aqua. I don't use the luma so it's stayed the same.

Now though, I'm paying interest on the balance (prob about £1,600, and although I'm paying £50 every week off the balance, they're charging me £34 in interest every month.

Can anyone recommend antoher card I can transfer to that's 0% but one that will take me with my poor credit history. I've applied to Tesco 5 weeks ago, but they still haven't made their mind up!

Thanks in advance

~Beanie~

You are incredibly unlikely to get a 0% card if you have a poor credit history.

The whole purpose of these cards from the likes of Luma and Aqua are so that you can rebuild your credit, usually by using the card and paying off in full each month. If you don't do this, the interest rate can be extortionate.

Have you checked your credit rating recently to see how bad it is? Have you tried applying for a loan rather than another CC? It won't be 0% but will probably be less than you are paying Aqua.