New card advice

neXta17

Evening all - new user, be gentle!

I'm close to paying off my Virgin Money credit card, which has a £6k credit limit, which still has 8 months 0% left on it.

I was going to clear it, close it and then apply for a new card elsewhere to hopefully get a similar credit limit (as got a holiday to pay off and a long 0% offer would be great plus leaves £3k for other spending!)

Applied for a Sainsbury's card on Saturday with 27 months 0% purchases and BT but was only given £3k limit which only covers the holiday. Rang the next morning to immediately cancel as this wasn't what I was hoping for. My incomings have increased and outgoings decreased since taking the Virgin card out.

I am concerned I've shot myself in the foot now though with cancelling the card immediately - is this the case?

Also, and I understand it's normally on individual basis, but it there a card company that typically offer bigger credit card limits?

Thanks in advance!

[Deleted User]

It would have been smarter to keep it. But what's done is done.

MBNA tend to be generous, but that's not to say they will accept you.

neXta17

Am I best leaving it a while before applying for another card?

bigadaj

One more application should be fine, then leave it for a few months before making another.