Last year we had to buy a new car and were advised by our bank to put it on a 0% Interest credit card rather then a loan.
It worked out best for me to take the credit card out as we would be entitled to more money- despite the fact that I work as a t.a getting roughly £8000 per year. Whilst dh receives £19400 per year. It worked out this way as because dh used to be in the navy all household bills and past agreements we had had were in my name so I had built up the good credit history whilst he had barely none.
The time is fast approaching where I will need to transfer to another 0% deal. Mt bank gave me £11000 and recently upped it automatically to £13000. I have tried Barclaycard and they have accepted me with a limit of £3800 and a transfer amount of £3400. This is drastically lower then my bank and much less then we need. The remaining balance is £7500.
The only thing different is that we moved house in November could this have affected this.
Also so u think my bank took into account tax credits or my husbands income as well but just put it in my name. I am confused by it all as have never done a balance transfer before.
Can anyone help me?
Thank you