Hi there,
This is a quick question:
I want to get a new credit card with 0% (on bal transfers) for 6 months but I'm wondering whether to close my existing card first, or will this have a bad effect on my credit rating?
I have 2,500 on an egg card that is still 0% for another month, I also have an HSBC Visa and an MBNA Visa that are both empty and with no special rates.
Also if i re-apply to MBNA will they treat me as a completely different customer applying for a new account, or will they take me into account for cancelling my old card?
Cheers for any input,
Pete