How easy is it to get a Tesco credit card? (tarting Q)

nublue

Hi,

I've a normal Tesco credit card, and a credit card with another bank whose 0% is ending soon.

I wanted to see if Tesco would give me a 0% balance transfer as I have a long relationship with them and a high credit limit.

Just spoke to them on the phone and they said no offers at present, but why not apply for a balance transfer card with us? What seems to be good about this is that I can transfer some of my credit limit across if I need to (I don't know how good they are about new card credit limits and I want to make sure I have enough to get all of the other debt on 0%).

They've said being a customer doesn't change the application, so I did a soft search to see if they would accept me and they don't come up on there at all.

Barclaycard does come up with an 8/10 chance, so I could apply for them but don't know what credit limit they would give (and therefore whether I'd get enough to transfer everything).

I'd love some advice if anyone has knowledge on this?

Thank you

[Deleted User]

You won’t know what limit Tesco will give you either until you apply

[Deleted User]

I'd go for Barclaycard.

There's no way of knowing the limit on any card, but accept what you are offered and BT what you can.

2ilent8cho

I found Tesco very easy to get , even with 4 defaults they gave me their main stream low APR credit card. Decent limit too.

nublue

Hi Gary,

Absolutely, I recognise that as an issue with any application, and what I meant was that with Tesco I have an incredibly generous limit on my other card, and they will allow you to shift your total credit limit between two cards, so as long as I get a card, the credit limit won't be an issue.

However, what I don't want to do is be rejected and damage my chances of getting a different card, ie Barclaycard.

nublue

Does anyone know how much a rejection affects your chances. Ie if I just go ahead and apply for the Tesco one and get rejected, how much will it affect my chances of getting a barclaycard?

nublue

2ilent8cho wrote: »

I found Tesco very easy to get , even with 4 defaults they gave me their main stream low APR credit card. Decent limit too.

Thank you, that is very encouraging!

Willing2Learn

nublue wrote: »

Does anyone know how much a rejection affects your chances. Ie if I just go ahead and apply for the Tesco one and get rejected, how much will it affect my chances of getting a barclaycard?

Doesn't impact at all really. It only looks bad if you start having multiple applications over a short period...

And I found it easy to get a Tesco BT card last month with a £4,800 limit...

nublue

Willing2Learn wrote: »

Doesn't impact at all really. It only looks bad if you start having multiple applications over a short period...

And I found it easy to get a Tesco BT card last month with a £4,800 limit...

Thank you W2L, I may just go for it!

nublue

I did it, and got accepted so it's worked out fine, thank you everyone for your help

Hopeless_Case

We (well my OH) got a 0% balance transfer card with a £13,000 limit and we had no previous history with them last month - 30 months on the 0% I think