Aqua Reward Credit Card - 3% cashback up to £100/...

[waqasahmed]

Originally Posted by pqrdef

Just came to the same conclusion - they increased my limit after I had to make an interim payment.

Well it shows we're paying attention.

<cynic mode> Which means they're not going to catch us over-limit, so their best remaining strategy is just to help us to spend more.

I was constantly making FPI's every month, so I dunno why they've not given me a bigger limit?

Well, nowadays I use it on a £1-£2 transaction every month

[aleph_0]

Originally Posted by waqasahmed

I was constantly making FPI's every month, so I dunno why they've not given me a bigger limit?

Well, nowadays I use it on a £1-£2 transaction every month

Their decisions must be a function of one's credit report and spending on the card. It's possible that they might be basing the decision based on transaction details. For example, having larger transactions might be considered a good thing - they might see potential for you to keep using the card beyond the 3% cap. Or as potential for you to spend more than you can afford one month. Or maybe they try to deduce this from transaction types? If someone makes large luxury purchases, this is seen as a more profitable thing, for example.

Whereas they might deduce from my behaviour that I'm very careful about the limit, use the card for essential spending and I'm unlikely to spend more than £3,300 a year. They'd be right.

Or, instead of clever data mining, it might be luck, if they only consider the past 1/2/3 months data when making auto-increase decisions.

[michaels]

If you data mined my account and saw me spending up to 5x my credit limit in the first few months FP in after every large transaction and then barely using the card after 3.3k spend you would mark the account for closure.

[aleph_0]

Originally Posted by michaels

If you data mined my account and saw me spending up to 5x my credit limit in the first few months FP in after every large transaction and then barely using the card after 3.3k spend you would mark the account for closure.

:P. OK, I weaken my claim from 'clever' to complex, but not necessarily well designed, data mining.

Or maybe there is someone just making random decisons to see what response it creates on MSE!

[waqasahmed]

Originally Posted by michaels

If you data mined my account and saw me spending up to 5x my credit limit in the first few months FP in after every large transaction and then barely using the card after 3.3k spend you would mark the account for closure.

Mine's like that, but if they don't want to give me a higher limit, well screw em. They're only making pennies from me now (by spending £1-£2/month)

[verybigchris]

Anyone else having trouble logging in to the Aqua website?

It's been getting slower and slower for a while now, but today it's so slow that it's timing out before I can see my account

[Uplink]

Originally Posted by verybigchris

Anyone else having trouble logging in to the Aqua website?

It's been getting slower and slower for a while now, but today it's so slow that it's timing out before I can see my account

In the past week or two it's been timing out before I could see the login page during day time, and the hour when it starts working again is getting later and later every day.

[Gromitt]

Strange, sometimes I notice the sites a little slow, but I've never not been able to access it. Typically I only bother when I want to make a purchase and know I'm near my limit though.

[212]

Absolute nightmare! I use Account Unity aggregation (people that provide Egg Money Manager) - that times out lots, even if I keep clicking on Aqua it just takes forever to load

[IsaCream_Man]

First thing in the morning, and most of the day it's fine, but in the evening it's a dead loss so I give up.

EDIT 10 May 13: Now it's impossible to log on to the site without waiting 10 minutes at any time, except first thing in the morning.