Should I cancel Vanquis credit card?

williewonder

I have a Barclaycard forward with £1200 limit. at 34% APR. Just applied and accepted for a Capital One with a £1250 limit at 25% APR. 

I have a Post Office credit card with £200 credit also. 

I'm thinking about cancelling the Post Office and Vanquis cards. I only use Vanquis for £0.79 Apple Cloud a month. I don't use the Post Office card at all.

Is this wise? I can transfer the Apple Could to the Capital one card. I'm not bothered about my credit score lowering.

I don't like the Vanquis card as this is a very basic credit card with people with poor very credit. I'm moving forward with my credit worthiness so this is a reminder of me having very poor credit and making poor decisions. I always pay my credit cards full balance on time.

Should I get rid?

[Deleted User]

Keep them all. You're at he early stages of building a decent credit history, so no need to make it look as if credit facilities are already being withdrawn.

[Deleted User]

Providers generally don't care who your cards are issued with, if they even see them. Cap one used to do a good cashback card that was probably better than most of the prime cards and I'd happily use that. Just spend a small amount on the ones you don't use and pay in full and as and when you have a better card (for benefits I mean) with good credit limits, consider your cards at that point