Credit Card Application, always haves Balance Transfer ?
I am asking because despite earning enough to apply for a platinum card and
no debts (i.e., decent credit history), when I applied for an Accucard that
has 7months 0% balance transfer, they only give me a £1,000 Limit (I have
much higher credit limit with Capital One, and my credit file should show
not only the high credit limit, but the fact that I pay off the balance on
time every month). I wonder if this is because I have asked for a balance
transfer of > £1,000 ?
Perhaps if I ask for NO balance transfer initially, then it would be eaiser
to get a credit card (with a high credit limit)?
Also what is the normal minmum credit limit for a platinum card in the UK
-I suspect the Nationwide might be easier to apply for since you already are
a customer, they might ask you fill in fewer forms than the others.
-Well, I would like to have a platinum if it's not going to be too much
hassle. The only thing bad about my credit history is that my latest credit
card bill is £1K +, which I hope to pay off with a balance transfer. Would
my latest credit card statement balance show up on my credit file?
Also wonder how much is required to open a platinum card in general and with
Citibank? Cos I think with Citibank, even with a current account, one have
to have an opening deposit of £1K or something... just a rumour though!
-Are you kidding, only £8k per annum to get a *Platinum* card? Now, is this
taking the mickey or something? It's £8K for a "standard" entry level
credit card, isn't it?