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  • FIRST POST
    • TheLastMinute
    • By TheLastMinute 27th Jan 12, 11:04 AM
    • 27Posts
    • 6Thanks
    TheLastMinute
    Aqua transferring to Progressive Credit Ltd
    • #1
    • 27th Jan 12, 11:04 AM
    Aqua transferring to Progressive Credit Ltd 27th Jan 12 at 11:04 AM
    Hi,

    I've had a letter this morning telling me that my Aqua credit card agreement will be transferring to Progressive Credit Ltd as of 1st March 2012. They say in their letter and the online FAQ that only the credit agreement is changing, the details e.g. credit limit, APR, direct debt is staying the same.

    Doing a bit of trawling, I understand that Progressive also took over marbles and Citibank cards. As I clear the balance every month and have just been accepted for a main stream credit card, I was going to hold the Aqua in reserve. Is this worth doing if Progressive are in charge or shall I dump it?

    Opinions welcome.

    Cheers,
    TLM
Page 1
  • izools
    • #2
    • 27th Jan 12, 11:43 AM
    • #2
    • 27th Jan 12, 11:43 AM
    Have you read many of the threads about how Progressive Credit Ltd treated ex-citi customers?

    Might be an idea. You'll get your answer then
    Cashback Earned ¦ Nectar Points £68 ¦ Natoinwide Select £62 ¦ Aqua Reward £100 ¦ Amex Platinum £48
    • chanz4
    • By chanz4 27th Jan 12, 12:33 PM
    • 9,795 Posts
    • 2,841 Thanks
    chanz4
    • #3
    • 27th Jan 12, 12:33 PM
    • #3
    • 27th Jan 12, 12:33 PM
    I like this term "
    30. Is my debt still enforceable?

    Yes. The status of your credit agreement has not changed and you should continue to maintain your account in accordance with the terms and conditions of your credit agreement.
    "
    Don't put your trust into an Experian score - it is not a number any bank will ever use & it is generally a waste of money to purchase it. They are also selling you insurance you dont need.
    • LeeUK
    • By LeeUK 17th Mar 12, 9:41 PM
    • 5,244 Posts
    • 2,436 Thanks
    LeeUK
    • #4
    • 17th Mar 12, 9:41 PM
    • #4
    • 17th Mar 12, 9:41 PM
    Anyone just had a letter saying they are increasing the APR from June?

    Mine arrived today saying it is going up from 39% to 45%.
    Lee's No More Takeaways Club No.1
    • skintdad
    • By skintdad 17th Mar 12, 11:57 PM
    • 200 Posts
    • 47 Thanks
    skintdad
    • #5
    • 17th Mar 12, 11:57 PM
    • #5
    • 17th Mar 12, 11:57 PM
    i got a mail shot from aqua today asking if id like to apply (part prefilled application form and credit agreement) apr advertised was 35.9%
  • Davie2909
    • #6
    • 18th Mar 12, 2:10 AM
    • #6
    • 18th Mar 12, 2:10 AM
    I closed my card today! They are putting the apr up to 45.9% for purchases and cash to 49.9% absolutely ludicrous!!
    • camuk81
    • By camuk81 18th Mar 12, 2:45 PM
    • 1,551 Posts
    • 4,311 Thanks
    camuk81
    • #7
    • 18th Mar 12, 2:45 PM
    • #7
    • 18th Mar 12, 2:45 PM
    Champion guys will reject this hike when I get the letter
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