Is it better (in a credit rating sense) to apply for a new card before I cancel one that I’ve already received the sign up bonus and am planning on cancelling?
thanks.
I can’t see that making any difference. Also if you are applying for a new card and already have other card/s, the new credit provider will take the combined credit limits of all the cards you currently have into account when accessing an application for a new card and that may make you ineligible as a result.
Depends. If you already have a few cards then closing one will reduce your total credit limit (which is generally a good thing)