0% Purchases with same company 16 August 2018 at 2:45PM in Credit Cards 7 replies 861 views

pollyanna24

If you had a 0% on purchases with say, Barclays and then when the 0% was up, you paid it off, closed the account and cut up the card, can you still apply for another 0% on purchases say, three or four years later with the same company or do they remember that you've already had a 0% with them in the past?

PRAISETHESUN

My money would definitely be on them remembering you - but that doesn't mean they wouldn't offer another 0% deal (although no guarantee that they would either). Why not just keep the cards active and unused for a while, then phone them up to cancel the cards and see if they can give you another 0% as a "motivation" for you to not leave?

MallyGirl

I have had several repeat cards over the years. Deals to new customers are usually much better than anything you get get while you are with them - the exception might be to stop you leaving.
Many insist on a gap - such as Tesco saying 6 months after leaving before you count as new.

Nasqueron

They constantly send me offers for new BT deals, I've had an initial 39 month one, paid it off, kept the card empty and then a few months used a new offer on the same card later for 18 months 0%

pollyanna24

Thanks everyone.

I have cancelled a Post Office 0% that I had as it ran out last month.

But I have just been accepted on a MBNA one (was quite surprised at the limit they offered me straightaway - £6,400, but hey ho) and have an AA one that runs out next year.

I think I won't apply for any more for a while!

[Deleted User]

Depends what their cut off point is for defining a "new customer" and a "returning customer"

blitzboy

Here is a list from the main MSE site on the 'should I cancel old credit cards' page:


How long until you're a 'new customer' (rough guide)

• American Express: Six months
• Barclaycard: Six months
• Capital One: 30 days after last statement
• Halifax: 60 days after cancelling account
• HSBC: Six months
• Lloyds: 60 days after cancelling account
• Nationwide: 12 months
• NatWest / RBS: Eight months
• Santander: One month

Once you're a 'new customer' you're eligible for all of the introductory offers again.

sonuenjoys

apply for barclaycard provided it's been more than 6 months since you have closed the account