I ran into difficulty following pay cuts and the banking crisis some years back. One consequence was that I entered into an arrangement with a credit card lender to freeze the debt, which at the time financial advisers were recommending. I wasn't aware that this would result in each of my repayments being labelled in bold type on my credit report with 'revoked credit card'.
I only discovered this after I had settled in full -- and I thought amicably -- with the bank some years ago. The payments ended in early '21, so a bunch are still visible at the end of my credit report. I attempted to apply for another credit card with Avantcard in '22 and this was declined. Now, that credit check also shows on my record -- I'm not sure if that also is counted as a negative flag.
Over the last 10 years, I have a solid credit union borrowing and repayment record, with no arrears. I have no other arrears, own my own house, and have no mortgage or other borrowings, and no dependants.
My question: is there any point applying for a credit card before the full five years is up and the 'revoked' line is erased? I don't want one for actual borrowing -- purely for convenience when travelling and especially for car hire and hotel check-ins, so I don't mind having a card with a higher/punitive interest rate for having been naughty, if that's a thing.
I was thinking of applying for a Revolut CC on the basis of their many email invitations, but I don't want to risk another dead-end credit check, with no subsequent history, showing on my report.
I only discovered this after I had settled in full -- and I thought amicably -- with the bank some years ago. The payments ended in early '21, so a bunch are still visible at the end of my credit report. I attempted to apply for another credit card with Avantcard in '22 and this was declined. Now, that credit check also shows on my record -- I'm not sure if that also is counted as a negative flag.
Over the last 10 years, I have a solid credit union borrowing and repayment record, with no arrears. I have no other arrears, own my own house, and have no mortgage or other borrowings, and no dependants.
My question: is there any point applying for a credit card before the full five years is up and the 'revoked' line is erased? I don't want one for actual borrowing -- purely for convenience when travelling and especially for car hire and hotel check-ins, so I don't mind having a card with a higher/punitive interest rate for having been naughty, if that's a thing.
I was thinking of applying for a Revolut CC on the basis of their many email invitations, but I don't want to risk another dead-end credit check, with no subsequent history, showing on my report.