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credit card questions?
JayJay76_3
Posts: 6 Forumite
in Credit cards
Hi, have decided to apply for numerous cards and to basically balance transfer my credit debts around but have run into a few quandries which I hope somebody can help ,me out with. I have 3 credit cards, an MBNA with £8000, a Barclaycard with £2300 and an Egg Card which is almost paid off, about £65 left. THe questions I have are as follows:
Can I still apply for alternate cards from MBNA, Barclaycard or Egg?
Can someone point me in the right direction as regards to affiliates, i.e. which credit companies are linked to who else
Would it be wiser for me to apply for cards one at the time instead of all at once in case I get rejected? My credit report is quite good though at this time, I don't know what the actual score is?
Many thanks in advance;)
Can I still apply for alternate cards from MBNA, Barclaycard or Egg?
Can someone point me in the right direction as regards to affiliates, i.e. which credit companies are linked to who else
Would it be wiser for me to apply for cards one at the time instead of all at once in case I get rejected? My credit report is quite good though at this time, I don't know what the actual score is?
Many thanks in advance;)
0
Comments
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You can't get another MBNA 'stable' card and if you did manage to get a card you can't balance transfer between them anyway.
How much is your Egg limit?
If you have over £10k of credit card debt it is unlikely that your plan of applying a lot in the short term will work especially as the credit crunch has meant a lot of the card issuers have tightened up their lending criteria.
Each search they do will show that you already have a high line of credit so it may well affect any new limit you may get on new cards.0
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