From adverse credit card to mainstream card

Andybez38

When using a credit card for adverse credit risk. I.e. an Aqua card , capital one, vanquis etc. Does building up an history with these companies (with an increased credit limit over time) give you a better chance of being accepted for a mainstream card maybe a 0% or balance transfer card.

JimmyTheWig

As long as you stay within your limit and pay (preferably in full) on time each month then I'd have said it's got to help.

tomxlisa

Yeah it does, that's the reason why we have these cards to build up a good credit history on our reports to head towards the perks of 0% mainstream credit cards etc.

yellowmonkey

Hi

I have had both Vanquis and Aqua, and after 6 years, I now have Barclaycard Platinum with 0% until August 2016 so it does work. I still use my Aqua reward for when I go on holiday for the 0% foreign transaction fee

tomxlisa

How long did it take you to get to the mainstream credit cards, not the full 6 years I hope.

john1002

In my case it took five years but it took me cleaning up my credit files and over that time taking out various starter cards to build history and eventually you will get mainstream and the benefits they can provide.

It is a slow process that requires some work on your part and of course the advice on this forum.

John

yellowmonkey

It took me the whole 6 years due to BR in 2009.

tomxlisa

Thankfully I have nothing bad on my files apart from a few more credit searches than I'd like on there, so hopefully won't take as long for me.

Dandytf

yellowmonkey wrote: »

It took me the whole 6 years due to BR in 2009.

I'm 3 yrs into sc dmp, thinking 6-7 yrs total to regain rating.

Got my 'starter' card CP1 past 18 mths.

Going to be a wee while before dreaming of 0% cards -probably not after unemployment 2011.