Additional Tesco Credit Card

onthefencepost

Good morning,

I'm looking to see if anyone has been successful in gaining a 2nd credit card from Tesco whilst holding a Tesco foundation card.

I've held a aqua card for over 12 months worth a credit limit of 2.5k - I always use it and pay it off in full. Just this month I couldn't as I required money for a emergency matter but still paid a lot more than the minimum. Although the interest for one month isn't to horrific as I intend to clear the card of next month.

Now I'm thinking about cancelling my aqua card and applying for a main stream card and Tesco's low Apr cars seem like a good starting point but I'm concerned that my past defaults may not put me in the best light and that I've only held my foundation card for 4 months which I pay off in full on every statement.


Any thoughts?

Regards,

bengalknights

Usually what happens is they reduce your limits on existing card then issue this limit to the new card

onthefencepost

Thanks for the reply. I probably hold back until i get a credit limit increase as my current credit limit is low with Tesco's

A4445

Have you tired doing a quotation search on ASDA money card I believe they take less than perfect history, or Nationwide, both are soft searches so won't effect your credit rating.

onthefencepost

Hi thanks for your message.

Did the Asda check and came back with saying i'm not eligible. Nationwide is someone who i bank with and although its giving me quotations of up to £3500 the APR is on the higher side which will more than likely mean a decline.

A4445

onthefencepost wrote: »

Hi thanks for your message.

Did the Asda check and came back with saying i'm not eligible. Nationwide is someone who i bank with and although its giving me quotations of up to £3500 the APR is on the higher side which will more than likely mean a decline.

I had a quote come back at £1900 @19.9% it I was approved, having being quoted a high rate doesn't always mean decline.

onthefencepost

Hey send you a pm would like to get an idea about your history if possible.