Credit Cards, Which option is best?

Swampy3k · 16 May 2018 at 8:05PM

I currently have a few credit cards and on one of which the 0% is about to end which means it'll jump to it's default 19% interest. unfortunately due to circumstances I still have £1800 left on the card and was unable to pay it off before the deal lapses. As my credit rating is not so great I find myself in the pickle of unable to transfer it all to another card.

however, using the MSE credit club what is available to me is some of the 'poor credit scoring' cards.

Marbles, 5 months 0%, 3% fee.
Aqua, 6 months 0%, 3% fee.

Would I be better to apply for one or both of these cards and try and transfer as much is feasible to pay off within the 5-6 months period. then cancel the card and see what options are available in the future, (potentially even reapply for the same cards) or would doing so harm my credit score more than I would gain from the 2 cards and short interest break?

Answers on a postcard please!

Thanks in advance.

[Deleted User] · 16 May 2018 at 8:08PM

Your credit score is just a made up number for entertainment purposes only. Like horoscopes. Ignore it.

Do you actually have a poor credit history? What appears on your files?
What do you earn, what balances and limits do you have?

There may be better options than the sub prime cards.

Dobbibill · 16 May 2018 at 10:18PM

Who are your current providers for your cards? Some are known to be quite generous with existing customer offers. Sometimes it's worth a quick call to ask if you have the available limit.

Credit Cards, Which option is best?

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