Balance Transfer Leaves a Balance!

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  • [Deleted User]
    [Deleted User] Posts: 35,242 Forumite
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    You're around 22k on a 33k income, which is a fair amount. However, Sainsbury's are one of the more cautious lenders.

    Try someone like MBNA. If rejected, leave it a while.
  • JackH2019
    JackH2019 Posts: 29 Forumite
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    Sure, that makes sense.
    But it bothers me now that my un-used cards are being totaled against me, particularly when I don't use them.
    Maybe I should get rid of them, leave a few months and try again. Hmmm....
    Anyway, thanks for advice, must get some sleep now, 6am start! :(
  • MallyGirl
    MallyGirl Posts: 6,627 Senior Ambassador
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    I'd close a couple - lenders know you could suddenly decide to spend on all of them up to the limit. Tesco need a gap of 6 months away from them before you qualify for new customer offers
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  • Nasqueron
    Nasqueron Posts: 8,836 Forumite
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    Before you close them, ring and ask and see if any of them can do you a BT offer, if not close a couple and wait a few months then try for a new BT card
  • JackH2019
    JackH2019 Posts: 29 Forumite
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    Just popped back to check on this. Thanks for your comments, they've been very helpful. :)
  • JackH2019
    JackH2019 Posts: 29 Forumite
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    Hi,

    I got in touch with Tesco & they are offering a 0% balance transfer for 12 months for existing customers, but the offer expires on 2nd November. Guy said they do the offers on a monthly basis.

    Just wondering if anyone knows this pattern/history with Tesco & if they are likely to come out with a better offer approaching Christmas - ie~: a longer 0% period??
  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
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    They usually vary person to person
  • tower
    tower Posts: 264 Forumite
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    My Virgin cc 0% is coming to an end and they have offered to extend it for 12 months for a 2% fee
  • JackH2019
    JackH2019 Posts: 29 Forumite
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    Interesting.. ..thanks.
  • DCFC79
    DCFC79 Posts: 40,598 Forumite
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    JackH2019 wrote: »
    Interesting.. ..thanks.

    Your credit rating isnt seen by anyone else, your credit history is what lenders see.
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