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  • FIRST POST
    • robboa
    • By robboa 7th Dec 19, 7:46 AM
    • 19Posts
    • 3Thanks
    robboa
    Get rid of poor limit credit card?
    • #1
    • 7th Dec 19, 7:46 AM
    Get rid of poor limit credit card? 7th Dec 19 at 7:46 AM
    Hello

    Iíve suffered with bad credit in the past so I got a Vanquis credit card about 2 years ago

    £150 limit high interest rate and doesnít seem like there going to ever put it up

    Iíve since been able to get a 500 limit with MBNA with an ok interest rate

    And now a lloyds credit cards with a £3000 limit and a low interest rate,

    Should I cllose the Vanquis card now. All have been managed perfectlyv
Page 1
    • DCFC79
    • By DCFC79 7th Dec 19, 7:58 AM
    • 35,611 Posts
    • 22,479 Thanks
    DCFC79
    • #2
    • 7th Dec 19, 7:58 AM
    • #2
    • 7th Dec 19, 7:58 AM
    Why not use the Lloyds card.

    Use the vanquis for a weekly shop for example.
    Last edited by DCFC79; 07-12-2019 at 8:04 AM.
    • zx81
    • By zx81 7th Dec 19, 8:00 AM
    • 24,776 Posts
    • 27,642 Thanks
    zx81
    • #3
    • 7th Dec 19, 8:00 AM
    • #3
    • 7th Dec 19, 8:00 AM
    Keep it. You only have three and a limited history..
    • Westminster
    • By Westminster 7th Dec 19, 10:59 AM
    • 973 Posts
    • 534 Thanks
    Westminster
    • #4
    • 7th Dec 19, 10:59 AM
    • #4
    • 7th Dec 19, 10:59 AM
    As long as you have all your cards set up to pay off the balance in full every month by direct debit then I would use all of your cards at least a little each month to build a good history of credit management.
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