Lack of Credit Cards deals...Why ?

LULULU1

I have recently noted that I have very few offers and those that are offered tend to be either a shorter term or much higher rate than they used to be.

Barclaycard No offers for 8 months

MBNA 4% for 9 months

Tesco 2.9% for 10 months.

My credit rating is very high so is this the changing face of credit cards or something personal to me ?

Many thanks for any help.

[Deleted User]

Lenders don't see or use your credit rating.  They assess you for risk against their own criteria.

Lending criteria have tightened and you're not quite making the cut for the best deals.  However, you're getting some offers, which is better than others do.

peter3hg

The latest email I have from MBNA is offering 0% for 15 months with a 3% fee or 3.9% for 36 months with no fee. This is for both money transfers and balance transfers.

Looking at old emails, this is almost identical to the offers they sent in February 2020.

MattMattMattUK

peter3hg said:

The latest email I have from MBNA is offering 0% for 15 months with a 3% fee or 3.9% for 36 months with no fee. This is for both money transfers and balance transfers.

Looking at old emails, this is almost identical to the offers they sent in February 2020.

I had similar offer (20 months, not 15 and a 4% fee rather than 3%), MBNA have offered me something similar annually for as long as I have had the card.

born_again

LULULU1 said:

I have recently noted that I have very few offers and those that are offered tend to be either a shorter term or much higher rate than they used to be.

Barclaycard No offers for 8 months

MBNA 4% for 9 months

Tesco 2.9% for 10 months.

My credit rating is very high so is this the changing face of credit cards or something personal to me ?

Many thanks for any help.

Given some of the other posts. Your debt to income is too high, as such they think your affordability is a bigger risk. 

LULULU1

born_again said:

LULULU1 said:

I have recently noted that I have very few offers and those that are offered tend to be either a shorter term or much higher rate than they used to be.

Barclaycard No offers for 8 months

MBNA 4% for 9 months

Tesco 2.9% for 10 months.

My credit rating is very high so is this the changing face of credit cards or something personal to me ?

Many thanks for any help.

Given some of the other posts. Your debt to income is too high, as such they think your affordability is a bigger risk. 

Thank you. I didn't think it was but will re visit...