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Sygma Silver Card

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  • selecta_c
    selecta_c Posts: 220 Forumite
    TFD wrote: »
    Yes. despite accepting people that haven't got a perfect credit history, it's still essentially a mainstream credit product, and discharged bankrupts are the least popular people in the world to lend money to.

    And soon it will be the British Goverment :D
  • izools
    izools Posts: 7,513 Forumite
    1,000 Posts Combo Breaker
    Speak of the devil and he shall appear...

    I was actually declined for the Silver card twice before being accepted a third time... I had no adverse information on my Equifax file, just thin on the ground with too many searches.

    My ex was declined for the Silver card, has a spotless file bar one default from 2 1/2 years ago.

    My mother was approved with a spotless file bar a Barclaycard account in an Arrangement.

    I wouldn't expect them to say yes if you have a BR order on there given they said no to my ex for just one default :o
    Cashback Earned ¦ Nectar Points £68 ¦ Natoinwide Select £62 ¦ Aqua Reward £100 ¦ Amex Platinum £48
  • Cash_Flow
    Cash_Flow Posts: 1,103 Forumite
    izools wrote: »
    Speak of the devil and he shall appear...

    I was actually declined for the Silver card twice before being accepted a third time... I had no adverse information on my Equifax file, just thin on the ground with too many searches.

    My ex was declined for the Silver card, has a spotless file bar one default from 2 1/2 years ago.

    My mother was approved with a spotless file bar a Barclaycard account in an Arrangement.

    I wouldn't expect them to say yes if you have a BR order on there given they said no to my ex for just one default :o

    I was approved for the silver card today it's my 3rd Sygma/Creation card ;)

    Not sure on the limit or APR:D
  • Daddy-Spendless
    Daddy-Spendless Posts: 77 Forumite
    restofmylife wrote: »
    Hi All,

    I'm a discharged Bankrupt and I recevtly got a Vanquis Card with £250 limit, I also applied online for Silver Mastercard and was told they "will be in touch" or something like that. Has anyone ever had a vague answer like that when applying? If so did you get accepted and how long did you wait before hearing?

    I am not getting into debt again just trying to build my credit history again:)

    Thanks,
    ROML

    i got a vanquis and capital one in the last month, applied for a silver mastercard and was rejected with a message saying sorry try vanquis:rotfl:
  • stephane_2
    stephane_2 Posts: 3,076 Forumite
    Got an offer from Flybe about 2 weeks ago, offering balance transfer at 0% for 6 months or 7.9% for the life of the balance (3% fee).
  • izools
    izools Posts: 7,513 Forumite
    1,000 Posts Combo Breaker
    edited 18 March 2010 at 7:18PM
    Cash_Flow wrote: »
    I was approved for the silver card today it's my 3rd Sygma/Creation card ;)

    Not sure on the limit or APR:D

    How long did you give it between applications?

    EDIT: OMFG check out what I found:

    https://www.your-application.co.uk/netfinancecertegymicrosite/allsaints/Welcome.aspx

    Sygma "All Saints" card! Hell if you ever want a card that takes away the temptation of overspending - this is just the ticket.
    Cashback Earned ¦ Nectar Points £68 ¦ Natoinwide Select £62 ¦ Aqua Reward £100 ¦ Amex Platinum £48
  • notmyrealusername
    notmyrealusername Posts: 143 Forumite
    I looked into the silver Sygma (attempting to repair credit file after completed IVA) and found this in their T&C's...

    Finally, you need to have a clean credit history, ie, no arrears, defaults, County Court Judgements (CCJs), bankruptcies or Individual Voluntary Agreements (IVAs).

    https://www.your-application.co.uk/NetFinanceCertegymicrosite/silvermastercard/Faq.aspx#Question1
  • Innocent_Guy
    Innocent_Guy Posts: 5,369 Forumite
    izools wrote: »
    How long did you give it between applications?

    EDIT: OMFG check out what I found:

    https://www.your-application.co.uk/netfinancecertegymicrosite/allsaints/Welcome.aspx

    Sygma "All Saints" card! Hell if you ever want a card that takes away the temptation of overspending - this is just the ticket.

    I may apply next week.......
    Bank Accounts - Barlcays Premier[/B] - £1000 o/d, HSBC - £200 o/d- First Direct - £500
    Credit Cards - Barclaycard £2000 - Silver Card £1300 - Flybe £7500 - HSBC £1000 - First Direct £2500 First Direct Gold £3000
    6 credit accounts closed in 2010!
    Official SOS Club number 001 - Dry until 01.07.10
  • izools
    izools Posts: 7,513 Forumite
    1,000 Posts Combo Breaker
    edited 18 March 2010 at 8:37PM
    notmyrealusername wrote: »
    I looked into the silver Sygma (attempting to repair credit file after completed IVA) and found this in their T&C's...

    Finally, you need to have a clean credit history, ie, no arrears, defaults, County Court Judgements (CCJs), bankruptcies or Individual Voluntary Agreements (IVAs).

    https://www.your-application.co.uk/NetFinanceCertegymicrosite/silvermastercard/Faq.aspx#Question1
    .
    They aren't a "Sub Prime" lender, rather a "Lenient-Prime" lender.

    So once you've held a Capital One / Vanquis / Aqua card for a couple of years after completing the IVA and made sure your credit files have been cleaned up properly (creditors love to leave incorrect default dates and balances re: IVA and BR), they will be your best shot if when the time comes to make the transition from sub prime to prime.

    If you've just completed, stick with a couple of sub prime cards for a wee while to rebuild some recent positive history :o
    Cashback Earned ¦ Nectar Points £68 ¦ Natoinwide Select £62 ¦ Aqua Reward £100 ¦ Amex Platinum £48
  • PROLIANT
    PROLIANT Posts: 6,396 Forumite
    1,000 Posts Combo Breaker
    Paper work arrived today, signed one copy and sent it back so should get the card next week.
    Reading the agreement it says the credit limit will be decided by the bank etc ect, the APR states 18.9%?
    Then total cost for credit £147.50, if this is the APR I have been set then if my calculations are correct the credit limit will be circa £750?
    Since when has the world of computer software design been about what people want? This is a simple question of evolution. The day is quickly coming when every knee will bow down to a silicon fist, and you will all beg your binary gods for mercy.
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