Accepted for 2 new credit cards

[Deleted User]

I've just been accepted for a Marbles credit card and a 118118 Money credit card. 

My credit rating must be starting to improve slightly since alot of my old defaults dropped off. I've already got 2 x Capital One cards.

jjames1985

grats?
not sure I'd be over the moon that I was accepted for another two bad credit credit cards when I already had two but each to their own.

cymruchris

Deleted_User said:

I've just been accepted for a Marbles credit card and a 118118 Money credit card. 

My credit rating must be starting to improve slightly since alot of my old defaults dropped off. I've already got 2 x Capital One cards.

Use them wisely, spend a little, pay off in full every month, and a year down the line you might qualify for something like a barclaycard forward, rinse and repeat and you might get to a regular APR card another 12 months down the line... Keep up the good financial management and you'll be heading the right way. 

Fighter1986

Tbh amassing a large number of credit cards is likely to do more harm than good.

A small number of long standing, well run accounts paints a more appealing picture to lenders. 

CRISPIANNE3

Deleted_User said:

I've just been accepted for a Marbles credit card and a 118118 Money credit card. 

My credit rating must be starting to improve slightly since alot of my old defaults dropped off. I've already got 2 x Capital One cards.

 118 118 charge a monthly fee of £8.00 on a credit limit of £250.00. However the good news is they do not charge interest. Not something I would have in my wallet.

D3xt3r5L4b

I’d rather pay interest.
Then again I wouldn’t dream of giving 118 my business. 

[Deleted User]

There is no monthly charge on the 118118 card, it's 34.0% APR.

D3xt3r5L4b

Deleted_User said:

There is no monthly charge on the 118118 card, it's 34.0% APR.

  
That about says it all 

cymruchris

CRISPIANNE3 said:

Deleted_User said:

I've just been accepted for a Marbles credit card and a 118118 Money credit card. 

My credit rating must be starting to improve slightly since alot of my old defaults dropped off. I've already got 2 x Capital One cards.

 118 118 charge a monthly fee of £8.00 on a credit limit of £250.00. However the good news is they do not charge interest. Not something I would have in my wallet.

That's an old product that was withdrawn some time ago. The current offering works the same way as a regular credit card. If paid off in full every month, there are no charges to pay. 

older_wiser

D3xt3r5L4b said:

Deleted_User said:

There is no monthly charge on the 118118 card, it's 34.0% APR.

  
That about says it all 

the interest rate doesn't really matter as long as you pay the balance on each statement its actually quite a good card for some people as you don't get charged for cash transactions you don't pay a foreign transaction fee and theres afew more things they don't charge that other CC do.

 If theres something i buy but i'm not sure whether it would incur a charge using my usual CC i use this card instead.