Vanquis card...close down ?

dazzaofdagenham

Hi all
Ive had a Vanquis credit card for about 10 years now....currently at 4K limit......never in the time I’ve had the card have I been in arrears with it...payment always made on time.....although i have paid interest on it...sometimes quite high ...
as time as moved on I have newer cards with better interest rates etc..
would I be doing myself a injustice by closing down the vanquis....by far its the longest card I’ve had....the temptation to spend on it is always there ( balance zero at moment )....would I take a hit on my credit file by doing this 

[Deleted User]

It depends on your wider file.  

What other cards and limits do you have - and how long have you held them?

dazzaofdagenham

Have a American Express plat cashback card....3k limit....using in 1st year for cashback
barclaycard....had for 5 years...zero balance ...5k limit
amazon plat card...balance of 850k....normally clear each month....5k limit 

[Deleted User]

dazzaofdagenham said:

amazon plat card...balance of 850k....normally clear each month....5k limit 

You're going to need to make a hefty payment to get that back under the limit.

Your limits are all fairly low, so I would keep it for now.

dazzaofdagenham

The balance is zero and limit of 4K....may just leave it as it is for a couple of months..

thanks 

dazzaofdagenham

Ok...i closed it down today
either I did that or I ordered a Samsung 20+ 5G.......
think I made the boring decision 

wizzywig27

Good decision if you ask me. They’ll never have you back now though 

dazzaofdagenham

Feel better for closing it....temptation was high to spend on it....

On_my_way

I am in the same boat- I think if there is much temptation to use a credit card for something you can't really afford right now it is best not to have the option!

db2016

dazzaofdagenham said:

Ok...i closed it down today
either I did that or I ordered a Samsung 20+ 5G.......
think I made the boring decision 

im also really tempted by the S20+ lol, but it is the s11, in all but name, and i have the s10+ (and i usually only go for the even numbers S series, so the next one will be my next i think!)