New Balance Transfer Card accepted but low Credit Limit

Hi,

I applied for a new credit card with 0% interest on Balance Transfers. It was successful but they only gave me a 2.5k credit limit when i needed to transfer 15k.

They are going to send me the paper work out to sign. If I cancel it now will it look bad on my credit file? Should I use it just for the 2.5k?


Thanks

Comments

This discussion has been closed.
Meet your Ambassadors

Categories

  • All Categories
  • 341.6K Banking & Borrowing
  • 249.7K Reduce Debt & Boost Income
  • 449K Spending & Discounts
  • 233.7K Work, Benefits & Business
  • 605.8K Mortgages, Homes & Bills
  • 172.4K Life & Family
  • 246.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.8K Discuss & Feedback
  • 15.1K Coronavirus Support Boards