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Barclaycard Platinum - problem with balance transfer
Comments
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Personally I would keep the BC unless you have a good selection of other cards - at the very least it's a good way to keep your credit history running and improving by spending a small amount every month and paying off in fullMoney_Conscious_Mummy said:Thanks for everyone's comments - thought I'd give you a quick update:
I heard back from Barclaycard today that they reviewed my request to increase my credit limit and it has been declined.
With nothing to lose, I applied for a 0% on balance transfers for 23 months with Nat West and was accepted with a £5100 limit.
I will be requesting Barclaycard close my account.
I suppose it goes to show that there really is no logic to all of this!
Good luck to those who were in a similar situation to me!Sam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
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Personally I would keep the BC unless you have a good selection of other cards - at the very least it's a good way to keep your credit history running and improving by spending a small amount every month and paying off in fullMoney_Conscious_Mummy said:Thanks for everyone's comments - thought I'd give you a quick update:
I heard back from Barclaycard today that they reviewed my request to increase my credit limit and it has been declined.
With nothing to lose, I applied for a 0% on balance transfers for 23 months with Nat West and was accepted with a £5100 limit.
I will be requesting Barclaycard close my account.
I suppose it goes to show that there really is no logic to all of this!
Good luck to those who were in a similar situation to me!Sam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
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