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Maximum Credit Limit Transfer
steveo1982
Posts: 52 Forumite
in Credit cards
Hello all,
Looking to transfer balance from a Barclaycard to a 0% card with a long no interest period.
I owe £6000 on the card but last time I applied for a card they offered me £500 limit even though I wanted to transfer the lot.
I was looking at the Halifax card and I do have my mortgage with them so is it likely I would get the full transfer limit if I apply with them or not?
Thanks
Steve
Looking to transfer balance from a Barclaycard to a 0% card with a long no interest period.
I owe £6000 on the card but last time I applied for a card they offered me £500 limit even though I wanted to transfer the lot.
I was looking at the Halifax card and I do have my mortgage with them so is it likely I would get the full transfer limit if I apply with them or not?
Thanks
Steve
0
Comments
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Not particularly, if affordability is an issue.0
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I dont want to go through the hassle of applying only to find they would give me as much as I need to transfer the balance over. Am I best calling them as opposed to checking online to see what they can offer me?Deleted_User wrote: »Not particularly, if affordability is an issue.0 -
No. You won't know until you apply.
If it's too much hassle, then leave it.
If not, apply, take whatever you're given and start saving some cold hard cash.0 -
I bank with RBS and while their card offers arent as good as Halifax would it be a better bet going with them for a larger credit limit?Deleted_User wrote: »No. You won't know until you apply.
If it's too much hassle, then leave it.
If not, apply, take whatever you're given and start saving some cold hard cash.0 -
If you think they will give you a higher limit, go for it.0
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No idea to be honest but all I am interested in is saving as much money and getting the card payed off as quickly as possible :-)0
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Well, if we're just shouting out names, I'd put MBNA above any of the ones you've mentioned.
But try an eligibility checker before you do.0 -
I done the one for halifax and was 90% eligible but didnt list any sort of credit limit details. I used to have an MBNA card with no balance and closed the account early last year. I have just closed a Tesco Bank account as well for the same reasons as I heard it would eat up your available credit.
Halifax or RBS are really the options I have.0 -
Why not MBNA?0
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Nobody is going to tell you what limit you are going to get before you apply.
The highest limit I got was from Virgin who were part of MBNA at the time. That was £5500 but they have regularly increased the limit now sitting at £15000 not that I use anywhere near that.
It will come down to credit history and income.0
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