Marbles (NewDay) have reduced my limit

GenieBoy

jbrassy said:

The question I have is why you have 10 credit cards? That seems like a lot. Do you get any benefit from all of these credit cards, e.g. cashback, fee-free spending abroad, etc? If not, I would get rid of a lot of these and focus your spending on a 3 or 4 cards which you regularly spend with and which give you some sort of benefit. For example I have 3 credit cards: 2 for spending in the UK which give me cashback and one for spending abroad which doesn't charge for overseas transactions. Across these 3 cards I have a credit limit of £36,500. I think if you focus your spending on a few cards you're more likely to get higher limits on these cards. It might look better in terms of credit history having high limits on a few cards rather than lots of cards with low limits.  

Because I was offered them and I got them to improve my credit files. I didn't take them all out at once, they have been taken out over a 8 year period.

I put most spends on my Nectar Amex card for the points. I did have 18 month 0% balance transfer from Virgin but ended up paying the balance off long before it ended.

I also have a Tesco credit card and I've accumulated some clubcard points on that too.