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Monument VISA Credit Limit
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craigmc
Posts: 121 Forumite
in Credit cards
Hi
I've had my monument card since November and paid about half of the balance each month. I've just rang to change my payment date and request the full amount to be paid by DD each month
Has anyone had their limit increased and if so, after how long?
Thanks all
Craig
I've had my monument card since November and paid about half of the balance each month. I've just rang to change my payment date and request the full amount to be paid by DD each month
Has anyone had their limit increased and if so, after how long?
Thanks all
Craig
0
Comments
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Monument rarely increase credit limits as they're a sub-prime lender and they see the limit they issue in the beginning as a big enough risk as it is.
Plus they've made staff redundant recently, so you're probably lucky to have an account at all.0 -
ICan'tStandIt wrote: »Monument rarely increase credit limits as they're a sub-prime lender and they see the limit they issue in the beginning as a big enough risk as it is.
Plus they've made staff redundant recently, so you're probably lucky to have an account at all.
plus they aint allowing new applicants - again!
2010 - year of the troll
Niddy - Over & Out :wave:
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It annoys menever-in-doubt wrote: »plus they aint allowing new applicants - again!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 01.07.100 -
Hey that's tough luck guys, i've just got a monument card at the beginning of march!! It seems a bit harsh that they're not taking on new applicants!! My limits only £200...0
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how did you apply?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 01.07.100 -
Innocent_Guy wrote: »how did you apply?
I applied on themonumentcard dot co dot uk website
Just checked the link now, but I notice the site is offline at the moment... :mad:
I'd definitiely keep checking incase it comes back online...
In the meantime you could try aqua card?0 -
Brian_The_Lion wrote: »Hey that's tough luck guys, i've just got a monument card at the beginning of march!! It seems a bit harsh that they're not taking on new applicants!! My limits only £200...
their application pages was down the whole of March, was it an application made in 2008 (like Nov/Dec?) cos it was headline news they were taking no new customers until the summer, June 14th I think I heard them say......
Just aside, I checked it every day and just checked google cached page and that hasn't changed throughout March.....
When did you actually apply? It can take 3 months to get a card from Monument remember.... cheers 2010 - year of the troll
Niddy - Over & Out :wave:
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Sorry for my earlier post, Ive checked and the issue date on my card is 02/09 - It was in february when i applied.. around about valentines day if i remember... the card arrived within 10 days....never-in-doubt wrote: »their application pages was down the whole of March, was it an application made in 2008 (like Nov/Dec?) cos it was headline news they were taking no new customers until the summer, June 14th I think I heard them say......
Just aside, I checked it every day and just checked google cached page and that hasn't changed throughout March.....
When did you actually apply? It can take 3 months to get a card from Monument remember.... cheers0 -
Brian_The_Lion wrote: »Sorry for my earlier post, Ive checked and the issue date on my card is 02/09 - It was in february when i applied.. around about valentines day if i remember... the card arrived within 10 days....
My card was within 10 days aswell.got a customer service call from them yesterday but didnt have time to talk.Strange becuase obviousley they cant offer me anything.started me on 400littlewoods/littlewoods direct/marshall ward/kays/greatuniversal/empire stores/addittions/grattans/next/ambrose wilson.barclay card/cap1/bos/vanquis gold/vodafone/3 .dell finance/currys finance
Official SOS Club number 009 - Dry until 18.11.20090 -
Brian_The_Lion wrote: »Sorry for my earlier post, Ive checked and the issue date on my card is 02/09 - It was in february when i applied.. around about valentines day if i remember... the card arrived within 10 days....
Monument made people redundant around Christmas/New Year 2008 (nice!!) and pretty much the whole of last year it was a case of 'when' rather than 'if' they start getting rid of people.
The lease on their Crawley offices can't have too much longer to run, so I would also say that new customers could still be pretty far down the list right now.
I think that the Monument owners, Compucredit, are probably looking for a change for the better in the economy before they make any further investment in the Monument portfolio. Compucredit is pretty huge in the States but over here, all they have is the tiny, sub-prime credit card brand, Monument, with only around 500,000 customers. I don't think they feature much on the Compucredit radar at the moment.0
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