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New Balance Transfer Card accepted but low Credit Limit
skipfeeney
Posts: 125 Forumite
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
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
0
Comments
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Transfer what you can. No point in rejecting the saving.0
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The chance of your getting a card with a 15K initial credit limit is very remote. Accept what you have got and transfer what you can.0
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