Finished with Credit Cards - What is best to do

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  • Alex9384
    Alex9384 Forumite Posts: 925
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    Btw, you can ring them up and tell them you want to close your CC unless they want to offer you some new perks. For example, Halifax offered me 6 months 0% on purchases if I keep my card open. Not the best deal ever, but at least they offered something.
     
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  • Brie
    Brie Forumite Posts: 8,202
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    Check the cards you currently have to see if they have any good 0% transfer deals. 

    MBNA always seem to have some going for me, Barclaycard hasn't for several years.  If I want to make a large purchase I might use the Barclaycard or another that gives me cashback and then pay it off with a 0% BT from MBNA (small fee) to give me time to pay things off over a few months/years.  That might save you having to apply for a new card in the future.
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  • JGB1955
    JGB1955 Forumite Posts: 3,351
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    edited 26 June at 4:17PM
    I'd keep one each of the 'best' Visa and Mastercard CCs and ditch the rest.  Whether 'best' means highest credit limit or lowest interest rates is up to you.
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