Chances of getting 2 Credit Cards at same time of application?

SaiK86

Hello,

I am looking to get a new 0% 40 month BT card as well as a new 0% 28 month spending card very soon and already have two existing credit cards with 0% promotional offers coming to an end.
I am showing 90-100% acceptance on a large variety of cards so have a few lenders to choose from.

My first question is if I was to apply for the 2 new cards (one 0% B/T and one for 0% spending) at the same time, would one card provider know instantly that I've applied for a card and if so, would one only give me a reduced credit limit/decline application because of this?
OR do the lenders not see other searches/new accounts until the 30th of the month which is when all my 3 reports refresh the reports?

and say if I did do the B/T card first and then wait to apply for the new spending card a month or two afterwards, what are my chances of getting the spending card seeing as though I would be showing 3 credit cards under my name already?


Background on current CCs:

One 0% spending card which has a £9.6k balance on its £10k (96% utlisation) limit and an existing 0% BT card £3.7k balance on a £9.8k limit (38% utilisation).

I already know that I shouldn't be cancelling any cards/reducing limits until I have the new cards.

P.S. My annual salary is 42k and my overall current debt to income ratio is 32% so I would say it's fairly healthy.

[Deleted User]

I'd apply simultaneously.

However, it wouldn't rule out one or both of them subsequently lowering the limit if they later see the additional borrowing.

SuzieSue

I applied for 5 BT cards all on the same day about a year ago and managed to get them all. My husband did the same last month and also got them all.

SaiK86 wrote: »

Hello,

I already know that I shouldn't be cancelling any cards/reducing limits until I have the new cards.

Why is that? I would have thought that if you had cards with you weren't using that you should close them before applying for new cards otherwise your available credit would be too high.

Lith

I applied for 5 in 1 night and got accepted for everyone.

Chrysalis

The consensus on here is they wont know about very recent applications and as such its a good idea to get them together.

Me personally?

I applied for a 0% BT virgin money card 2 weeks back and got approved with a 4.8k limit.
Last week (a week after) applied for a tesco 0% purchases card and got approved with a 6.4k limit.

So the second card higher limit than first one.