i cant believe this what capital one did

steve222_2

i have been transfering balances for at least 9 years and have built up a good credit rating so i am led to beleave, i tried for a capital one credit card
to transfer a balance of a 1000 from my halifax they said i had been accepted but with only a 500 pound credit limit ,i thought i had been accepted for a 0 for balance tranfers and purchasers but when i dug a little deeper it was the one with no balance transfers and purchases and a high 39
pec cent intrestrest rate.what card could i apply that i would have a better
chance of being accepted i am on incapacity benifit and disabilty living allowance i still have 0 pec cent on my halifax card till april next year
thanks
i dont want to try to many times as i no it shows up on the credit angency

jonesMUFCforever

Can I ask why you think that transferring balances for the last 9 years makes your credit rating good?
Have you been stoozing all this away and could you repay all your card debt if asked now?

Because of your circumstances I believe it will be difficult for you to get a large limit on a new card but have you considered going back to some of your previous cards and see if they can offer you an incentive to reactivate their cards?

Lavendyr

- Are you on the electoral roll?
- Do you currently have a large number of credit cards/a large amount of credit available to you - and have you made sure you have definitely cancelled cards that you no longer use?

If you have been transferring balances around, it may be the latter - if you already seem to have a lot of credit available, many credit card companies will offer you a lower balance because you are already accessing so much credit from so many other institutions.

steve222_2

yes i am on the electoral roll and yes they are all cancelled previous cards
and the only credit card i have is one i have, so i dont have loads of credit all i was asking is capital one do they do things like that, and which is a good credit card to get that i may be accepted for

jonesMUFCforever

Has anything changed in your circumstances since you last applied for the Halifax card?
If not apply to whoever you want - just answer any questions on the application form truthfully.