We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Get rid of poor limit credit card?
robboa
Posts: 28 Forumite
Hello
I’ve suffered with bad credit in the past so I got a Vanquis credit card about 2 years ago
£150 limit high interest rate and doesn’t seem like there going to ever put it up
I’ve since been able to get a 500 limit with MBNA with an ok interest rate
And now a lloyds credit cards with a £3000 limit and a low interest rate,
Should I cllose the Vanquis card now. All have been managed perfectlyv
I’ve suffered with bad credit in the past so I got a Vanquis credit card about 2 years ago
£150 limit high interest rate and doesn’t seem like there going to ever put it up
I’ve since been able to get a 500 limit with MBNA with an ok interest rate
And now a lloyds credit cards with a £3000 limit and a low interest rate,
Should I cllose the Vanquis card now. All have been managed perfectlyv
0
Comments
-
Why not use the Lloyds card.
Use the vanquis for a weekly shop for example.0 -
Keep it. You only have three and a limited history..0
-
As long as you have all your cards set up to pay off the balance in full every month by direct debit then I would use all of your cards at least a little each month to build a good history of credit management.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards