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Credit Card for Mortgage Balance
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It depends on your personal situation... I would say its unlikely but the Mrs got accepted for 2 credit cards with a £10k and £7.5k limit with very limited previous CC experience but an ok income and a high household income and what little credit she had all having been clean recordrustytortoise17 said:
Would it be possible to get 3 cards with a £10k limit? Or are you unlikely to be accepted for 3 in quick succession?DullGreyGuy said:Generally mortgage lenders don't accept credit card payments and even if they do your credit card would almost certainly treat it as cash not a purchase and so not get the benefit of a 0% interest. It therefore requires to you to get a "money transfer" card so you can get the cash and pay it over.
Getting a £30K+ limit is probably optimistic, I'm sure some people can/do but personally £15k is the largest initial limit any card issuer has offered me (later going up). Obviously depends on your credit history and your income.0
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