Step into my shoes

Astraeus

I have indeed. They're not impulse purchases either, they are items I've been waiting to buy for over a year but I've been waiting on good value, me being able to pay off my credit card so that I can buy them interest-free and know I'm able to pay the credit card off in full before paying a penny in interest.

As for re-opening my HSBC account, I may well try and do that tomorrow. I never used it for online banking though so that process will be slow - having to apply for online banking, getting the details through the post etc.

Astraeus

Okay, SERIOUS HELP needed now.

HSBC have turned me down for the card and I'm guessing it's because I'm only a fair credit rating and most 0% cards will require more than that. I'll be able to pay off these debts in six months (paying off about 15-20% per month) but don't want to pay any interest at all. So what 0% cards do you think would accept a fair credit risk? Any introductory offers, anything...

Also, is it worth ringing Halifax and seeing if, now I've cleared my balance, they'll reinstate the 0% for 8 months on the Halifax One card I own? Or is this just too unlikely?

Phill_555

You seem to be very good at managing your finances and intelligent/sensible...since this isn't for a huge amount of money (ie <£1k) why not approach your parents, especially considering the fact that you have a structured timescale to pay it back very quickly?

Astraeus

Phill_555 wrote: »

You seem to be very good at managing your finances and intelligent/sensible...since this isn't for a huge amount of money (ie <£1k) why not approach your parents, especially considering the fact that you have a structured timescale to pay it back very quickly?

The nature of the purchases wouldn't sit well with them and they'd advocate saving over spending in this instance.

dhassen

Astraeus wrote: »

I do, however, have some high-value purchases that I'm looking to make (SLR camera, PS3, MP3 player) which will total about £700.

Lol I remember the good old student days..... I used to spend more on treats then with !!!!!! all income compared to now

Astraeus

Is it worth phoning Capital One and asking them about my suitability for their Platinum card? According to the website, I fulfill the criteria with the exception of being a few months short of the three-years ownership of a credit card. Will they give me an honest answer without searching my credit rating? I don't really want another search up there after HSBC turned me down.

~Chameleon~

Cap One seem to have a habit of cherry picking customers for their platinum card and offering their standard card to the majority, one with a high interest rate and no 0% deals

Why not try one of the MBNA cards, includes Virgin and possibly others, although I haven't checked to see if they currently offer any 0% deals, but they're usually fairly generous with their cards.

Here's a list of credit cards offering 0% periods on purchases

http://www.moneysupermarket.com/cards/cardsresults.asp

Astraeus

Any thoughts guys?

Volcane

I'd say try Virgin (MBNA).