No Eligibility for 0% Purchase Card

mattvolatile

I was just idly flipping through offers on the MSE Club, and whilst pre-approved for a couple of 0% MT cards, I apparently have no eligibility whatsoever for 0% purchase cards. I have a clean credit history, under £1000 card balance on over £38k of limit; about £11k of loan balance and a £112k mortgage.

I'm not actually in the market for one of these cards right now, so this is a question out of curiosity rather than need. What's likely to be the kibosh on my eligibility for a 0% purchase card. High unused limits elsewhere?

One of the the cards listed was with Barclays, with whom I already have two existing high unused limits, so that one's not unfathomable, I guess, but I was surprised not to have any options for 0% purchases at all...

[Deleted User]

Available credit vs income?
Total available credit already available to you?

Who knows.

Willing2Learn

Just because the MSE eligibility-checker says no, does not mean you will not be eligible for anything. If you have a good credit file, showing a solid history of successfully managing credit, then you may find that an application would be successful. Also, a lot of the issuers have their own eligibility-checker / quotation system, so you might want to try them first.

mattvolatile

Willing2Learn wrote: »

Just because the MSE eligibility-checker says no, does not mean you will not be eligible for anything. If you have a good credit file, showing a solid history of successfully managing credit, then you may find that an application would be successful. Also, a lot of the issuers have their own eligibility-checker / quotation system, so you might want to try them first.

Yeah. Long and blemish free (other than one late payment on a credit card 5.5 years ago -- a moment of disorganisation which still stubbornly sits as the only orange mark in an otherwise endless sea of green!).

As I said, I don't need one of these right now so it's not a big deal. Was just intrigued as to what might have been going on in the background...

[Deleted User]

Lending information is commercially sensitive so you’ll never know why