We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Applying for new credit cards time frames

Does anyone have any idea about the time frames involved in getting a new card from a bank that you previously had a card with. I think i asked M and S if they would switch/swap my card to a 0% purchase but was told i needed to cancel my current card and wait for 1 year  and Sainsburys told me 3 months. Does anyone know about other banks?

Comments

  • MorningcoffeeIV
    MorningcoffeeIV Posts: 1,946 Forumite
    First Anniversary First Post Name Dropper
    edited 8 September 2023 at 7:21PM
    Typically 6 months but check criteria for the ones you're interested in 
  • daivid
    daivid Posts: 1,277 Forumite
    First Post First Anniversary Name Dropper
    Correct for M&S and Sainsbury's (90 days), but the variation is huge; Santander is (or was) instant - I closed a 0% BT card one day and took out the same card with a fresh 0% deal the next. Some providers may simply not want you back for a long while - it was years before I could get another Barclay card but that could have been coincidence with changes in lending policy etc. 
  • Vook
    Vook Posts: 6 Forumite
    First Post
    Six months for Barclaycard.
  • Although not directly BT related,  Amex have a 2 year ‘churn time’ to become eligible for the introductory offers again.  


  • Many thanks for your replies
  • WillPS
    WillPS Posts: 4,109 Forumite
    Newshound! First Post Name Dropper First Anniversary
    Tesco Bank told me they'd be happy to accept a new application from me straight away when I closed my Premium card back in May.
Meet your Ambassadors

Categories

  • All Categories
  • 345.6K Banking & Borrowing
  • 251K Reduce Debt & Boost Income
  • 450.8K Spending & Discounts
  • 237.6K Work, Benefits & Business
  • 612.3K Mortgages, Homes & Bills
  • 174.2K Life & Family
  • 250.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.