£7000 Credit Card Limit

Here at 0% Credit Card Expert we often see UK credit card customers looking for information on which credit cards are most suitable for a £7000 credit card limit.

Many customer are looking for a card with a £7000 credit card limit to allow the customer to make good sized balance transfer from one or more of their existing credit cards.

£7000 Credit Card LimitMaking a large balance transfer to a new 0% credit card, can allow the customer to make big savings on interest for the length of card’s introductory 0% offer on balance transfers and also to pay off their outstanding balance quicker.

Alternatively, a card with a £7000 credit card limit can also allow a customer to make a sizeable purchase, such as a new kitchen for example, and save money by paying no interest for the length of card’s introductory 0% offer on purchases.

£7000 Credit Card Limit

The credit card companies, in general, have tended to be less generous with the credit card limits that they give to new customers, over recent years as a result of effects of the banking crisis.

A £7000 credit card limit will not be available to every customer as most credit card companies will regard this size of limit as high for a new customer.

However, in our experience some of the credit card companies do tend to be more generous than some others with their credit card limits.

As a result, the following featured 0% credit cards are more likely to be suitable for a customer looking for a £7000 credit card limit:-

0% Credit Card Offers

Balance Transfers:
0% interest for 40 months
Balance Transfer Fee:
2.69%
Purchases:
0% interest for 3 months
Representative APR:
18.9% APR (variable)
More Information

Credit Card Details

Tesco Clubcard Credit Card for Balance Transfers*
  • 0% interest for up to 40 months on balance transfers from account opening
  • 2.69% balance transfer fee
  • 0% interest for 3 months on purchases from account opening
  • Earn Clubcard points wherever you use your card, plus your usual points in Tesco. Terms apply
  • The 0% offer is applied to any balances or money transferred within the first 90 days of opening your account
  • Apply online and get a decision within 60 seconds
  • Annual Fee: £0
More Information

Application Criteria

Tesco Clubcard Credit Card for Balance Transfers*
  • You have an annnual income of at least £5,000
  • You are at least 18 years of age
  • You have a good credit history
  • You live in the UK, or have a British Forces Post Office address
  • You do not currently hold more than 1 Tesco Bank Credit Card
  • You have not applied for a Tesco Bank Credit Card in the last month or have an application currently in progress
More Information
Representative Example: 18.9% APR representative (variable). Based on an assumed credit limit of £1,200 and a purchase rate of 18.9% p.a. (variable)
The APR, length of promotional offer, and credit limit may vary as they are dependent on your personal circumstances

0% Credit Card Offers

Balance Transfers:
0% for up to 38 months
Balance Transfer Fee:
2.25%
Purchases:
0% for 6 months
Representative APR:
18.9% APR (variable)
More Information

Credit Card Details

Halifax 38 Month Credit Card*
  • 0% for up to 38 months from account opening on balance transfers made in first 90 days
  • 2.25% balance transfer fee in first 90 days (after 0.75% refund), 3% fee applies after 90 days
  • 0% for 6 months from account opening on purchases
  • Cover against online fraud when purchasing on the Internet
  • Manage your card online using Online Banking and Mobile Banking
  • Annual Fee: £0
More Information

Application Criteria

Halifax 38 Month Credit Card*
  • You are a UK resident
  • You have a regular income
  • You do not have any Count Court Judgements against you
  • You are aged 18 or over
More Information
2.25% balance transfer fee (after refund) in first 90 days, 3% fee applies after 90 days
Representative Example: 18.9% APR representative (variable). Based on an assumed credit limit of £1,200 and a purchase rate of 18.95% p.a. (variable)
The APR and length of the promotional offer are dependent on your personal circumstances

0% Credit Card Offers

Balance Transfers:
0% for up to 32 months
Balance Transfer Fee:
0.8%
Purchases:
0% for 12 months
Representative APR:
18.9% APR (variable)
More Information

Credit Card Details

Lloyds Platinum 32 Month Credit Card*
  • 0% for up to 32 months from account opening on balance transfers
  • 0.8% fee applies on balance transfers made in first 90 days, 3% fee applies after first 90 days
  • 0% for 12 months from account opening on purchases
  • Lloyds Bank Clicksafe and Internet fraud protection
  • Online servicing with Internet Banking
  • Annual Fee: £0
More Information

Application Criteria

Lloyds Platinum 32 Month Credit Card*
  • You are a UK resident
  • You have had a permanent UK address for 3 years or more
  • You have a good credit rating/history
  • You are aged 18 or over
More Information
0.8% fee applies on balance transfers made in first 90 days, 3% fee applies after first 90 days
Representative Example: 18.9% APR representative (variable). Based on an assumed credit limit of £1,200 and a purchase rate of 18.94% p.a. (variable)
APR and Promotional periods may vary depending on your personal circumstances

0% Credit Card Offers

Balance Transfers:
0% for 30 months
Balance Transfer Fee:
2.75%
Purchases:
0% for 30 months
Representative APR:
18.9% APR (variable)
More Information

Credit Card Details

Post Office Money Matched Credit Card*
  • 0% for 30 months on balance transfers made within 3 months of account opening
  • 2.75% balance transfer fee
  • 0% on purchases for first 30 months
  • No cash fee when you purchase Post Office Travel Money
  • Manage your account 24/7 with Post Office Money mobile app
  • Annual Fee: £0
More Information

Application Criteria

Post Office Money Matched Credit Card*
  • You are a UK resident
  • You have a bank or building society account
  • You have an annual income of £8,000 or more excluding unemployment benefits
  • You are aged 18 or over
  • You have no county court judgements
  • You must not already hold a Post Office Money Credit Card
More Information
Representative Example: 18.9% APR representative (variable). Based on an assumed credit limit of £1,200 and a purchase rate of 18.9% p.a. (variable)
Post Office Credit Cards are provided by Bank of Ireland UK. Post Office Limited is a credit broker and not a lender

0% Credit Card Offers

Balance Transfers:
0% for 39 months
Balance Transfer Fee:
2.4%
Purchases:
0% for 3 months
Representative APR:
20.9% APR (variable)
More Information

Credit Card Details

Virgin Money 39 Month Balance Transfer Credit Card*
  • 0% on balance transfers for 39 months from date account opened (20.9% APR thereafter)
  • 2.4% balance transfer fee in first 60 days, 5% fee applies after 60 days
  • 0% on purchases for 3 months from the date your account is opened
  • 0% on money transfers for 39 months from date account opened (20.9% APR thereafter)
  • 3.80% money transfer fee in first 60 days , 5% fee applies after 60 days
  • Contactless payments to quickly and securely pay for purchases up to £30
  • Annual fee for card: None
More Information

Application Criteria

Virgin Money 39 Month Balance Transfer Credit Card*
  • You are a UK resident
  • You have a bank or building society account
  • You have a good credit history
  • You are aged 18 or over
More Information
Representative Example: 20.9% APR representative (variable). Based on an assumed credit limit of £1,200 and a purchase rate of 20.9% p.a. (variable)

0% Credit Card Offers

Balance Transfers:
0% for up to 32 months
Balance Transfer Fee:
0.8%
Purchases:
0% for 12 months
Representative APR:
18.9% APR (variable)
More Information

Credit Card Details

Bank of Scotland 32 Month Credit Card*
  • 0% for up to 32 months from account opening on balance transfers made within first 90 days
  • 0.8% fee applies on balance transfers made in first 90 days, 3% fee applies after first 90 days
  • 0% for 12 months from account opening on purchases
  • Cover against online fraud when purchasing on the Internet
  • Manage your card online using Internet Banking and Mobile Banking
  • Annual Fee: £0
More Information

Application Criteria

Bank of Scotland 32 Month Credit Card*
  • You are a UK resident
  • You have a regular income
  • You are aged 18 or over
More Information
0.8% fee applies on balance transfers made in first 90 days, 3% fee applies after first 90 days
Representative Example: 18.9% APR representative (variable). Based on an assumed credit limit of £1,200 and a purchase rate of 18.95% p.a. (variable)
The APR and length of the promotional offer are dependent on your personal circumstances

Customers in general are more likely to receive a higher initial credit limit , such as a £7000 credit card limit, if they can meet the following criteria:-

  • Excellent credit rating
  • No history of bad debts or missed payments
  • Steady employment record
  • Low overall levels of other debts in relation to overall annual income

Any customer who does not receive the full £7000 credit card limit that they were looking for should still make use of the credit card limit that they have been given, whether that be a £6000 credit card limit or a £3500 credit card limit.

If you simply do not use this new card and immediately apply for another, you are unlikely to receive another card with a higher £7000 credit card limit. This is because the credit card companies can see the total amount of credit that any customer has available to them at any one time.


Related Content From 0% Credit Card Expert:-

Today on 0% Credit Card Expert there are:-

107 UK 0% credit cards currently avaliable offering:-

  • 0% interest on balance transfers for up to 40 months
  • 0% interest on purchases for up to 30 months