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Best Credit Card for large amounts

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Best Credit Card for large amounts

edited 30 November -1 at 12:00AM in Credit Cards
9 replies 1.2K views
WRCGooseF1WRCGooseF1 Forumite
4 posts
edited 30 November -1 at 12:00AM in Credit Cards
Hi,

My Barclaycard credit card 0% runs out in 6 weeks and would like to know which cards are the best to balance transfer £7K.
I have a very good income, self employed and good credit rating but would appreciate help in finding the best for me whilst being the cheapest option also.

Thanks very much

Replies

  • [Deleted User][Deleted User] Forumite
    0 posts
    MoneySaving Newbie
    You won’t know what credit limit you’ll get on any card until you apply.

    Try some eligibility checkers to see what cards you may qualify for.
  • jimbo26jimbo26 Forumite
    946 posts
    Part of the Furniture 500 Posts Name Dropper
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    In my experience MBNA offer high limits.
  • foxy-stoatfoxy-stoat Forumite
    6.8K posts
    Fifth Anniversary 1,000 Posts Name Dropper
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    HSBC gave me 5 figures straight off the bat and nearly £10K limit from Lloyds.
  • JimmyTheWigJimmyTheWig Forumite
    12.2K posts
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
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    MBNA is my highest limit.
    But, as !!! says, it's more important to think about what 0% deals you will get accepted for.
  • Appreciate all your comments so far. I have done a Eligibility calculator and it!!!8217;s come up with plenty of 100% acceptance or nearly 100%. Was simply wondering who may be best to go for given the amount I have a transfer. Thanks.
  • [Deleted User][Deleted User] Forumite
    0 posts
    MoneySaving Newbie
    No one can answer that apart from the lender when you proceed with the application
  • maxximus75maxximus75 Forumite
    403 posts
    100 Posts Second Anniversary Name Dropper
    ✭✭
    Nationwide gave me a high limit.


    All you have to do is have a savings account open with them to be eligible.


    Their checker also gives you an indication of credit limit offered to you with a soft check so it won't show as a search on your credit report unless you proceed past the offer page. They also show you the APR offer too!



    What I was shown on the offer page for APR and credit limit was exactly what I got on actual application.


    Nationwide is the only provider that I am aware of, who gives you this information with a soft search.


    I hope this helps?
  • NasqueronNasqueron Forumite
    7.7K posts
    ✭✭✭✭
    maxximus75 wrote: »
    Nationwide gave me a high limit.


    All you have to do is have a savings account open with them to be eligible.


    Their checker also gives you an indication of credit limit offered to you with a soft check so it won't show as a search on your credit report unless you proceed past the offer page. They also show you the APR offer too!



    What I was shown on the offer page for APR and credit limit was exactly what I got on actual application.


    Nationwide is the only provider that I am aware of, who gives you this information with a soft search.


    I hope this helps?

    Do the Ts & Cs GUARANTEE that the offer page will be what you get if you apply? If not that is simply correlation, not a fact
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  • DobbibillDobbibill Forumite, Board Guide
    3.9K posts
    Sixth Anniversary 1,000 Posts Mortgage-free Glee! Name Dropper
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    Apply for a card, if the limit isn't high enough, you can do another quick application and spread the debt over 2 cards.

    I wouldn't do anymore than 2 though.
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