Keep paid off cards open?

phillw

AliceBanned wrote: »

Just reporting back - after the advice I've been given on here (thanks everyone!) FD has now offered me 18 months 0%:j (previously 18.9%) BT because I left it open after paying off with a BT to Tesco (30 months 0%).

New customers get 0% BT for 27 months.

http://www1.firstdirect.com/1/2/loans-and-cards/credit-cards

It's impossible to know whether you would have been successful if you closed the account, waited and then applied as a new customer. However they would have access to the same information about your credit history whether you had closed the account or not, so I don't see why they would care.

AliceBanned

Thanks but that doesn't bother me as I will have it paid off within 18 months.


Also it means I haven't had an extra application on my 'credit file' so other options might be more available.


With the BT I will also be paying off the Cap One and closing it so they will definitely offer me something - they always do. I will try to find something better than Cap One though as they only ever offer me 6 months' 0%.


The point is I am moving onwards and upwards at last.