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New Luma credit card ?
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# 1
older_wiser
Old 21-08-2012, 11:07 AM
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Default New Luma credit card ?

another credit building card available its managed by capital one but i assume thats just the online bit. I don't intend to apply but thought i'd mention it i haven't seen any posts regarding this before.
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# 2
guesswho2000
Old 21-08-2012, 2:27 PM
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Quite a nice looking card too for a credit builder, almost worth applying for on that basis...ok maybe not, but the 0% purchase offer is a bonus for those with a less than spotless credit history.
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# 3
Pedropunto
Old 21-08-2012, 3:05 PM
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I have just applied for one of these cards and been accepted but then they have told me that before i recieve my card and pin with a £200 credit limit i have to pay them £50,now that wasnt in the agreement when i electrnically signed for it online.
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# 4
older_wiser
Old 21-08-2012, 4:21 PM
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I'd be wary of paying anything to get a credit card i know capital one have a secured credit card where you do have to pay something usually between 49-200 pounds to get the card. Luma is something new and hardly anyone has mentioned it i only noticed as i subscribe to the lovemoney newsletter where it was mentioned.
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# 5
fozmcfc
Old 21-08-2012, 5:38 PM
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Quote:
Originally Posted by Pedropunto View Post
I have just applied for one of these cards and been accepted but then they have told me that before i recieve my card and pin with a £200 credit limit i have to pay them £50,now that wasnt in the agreement when i electrnically signed for it online.
That's not unheard of, seen a good few people post on here about it. It normally means the person applying has either really bad credit or absolutely no credit history.

It minimises their loss, when they take a risk on someone who is borderline accept/refuse.
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# 6
SnowTiger
Old 21-08-2012, 6:22 PM
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Quote:
Originally Posted by older_wiser View Post
I'd be wary of paying anything to get a credit card i know capital one have a secured credit card where you do have to pay something usually between 49-200 pounds to get the card. Luma is something new and hardly anyone has mentioned it i only noticed as i subscribe to the lovemoney newsletter where it was mentioned.
It's a rebranded Capital One card.

The company behind it, MI Money, also offer Granite, which is rebranded Vanquis card.
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# 7
RichL74
Old 21-08-2012, 6:46 PM
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Another one I cant apply for seeing as I ran into difficulty with Captial One in the past.
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# 8
billbennett
Old 21-08-2012, 9:17 PM
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Quote:
Originally Posted by SnowTiger View Post
The company behind it, MI Money, also offer Granite, which is rebranded Vanquis card.
In the same way that they offer Fluid, which is a rebranded MBNA?
In "Monopoly", what makes the "Super Tax" so super?
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# 9
Demonseed
Old 23-08-2012, 10:48 AM
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Quote:
Originally Posted by RichL74 View Post
Another one I cant apply for seeing as I ran into difficulty with Captial One in the past.
isnt it the same setup as Aquacard and Halifax where they are in partnership with a different company?
I was able to get credit with Aqua even though I had difficulties with Halifax bank
Im posing this question as well because I would like the Luna card but not in particlarly good standing with Capital one

Can anyone shed some light on this please?

Much Appreciated
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# 10
joeyda1
Old 24-08-2012, 10:41 PM
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thats because you have applied for a secured credit card you have to pay a deposit of £49 or £200 you must have been declined for a classic card and approved for a secure card
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# 11
joeyda1
Old 24-08-2012, 10:43 PM
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Quote:
Originally Posted by fozmcfc View Post
That's not unheard of, seen a good few people post on here about it. It normally means the person applying has either really bad credit or absolutely no credit history.

It minimises their loss, when they take a risk on someone who is borderline accept/refuse.
thats because you have applied for a secured credit card you have to pay a deposit of £49 or £200 you must have been declined for a classic card and approved for a secure card
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# 12
simax
Old 25-08-2012, 8:21 AM
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Quote:
Originally Posted by RichL74 View Post
Another one I cant apply for seeing as I ran into difficulty with Captial One in the past.
How long ago? If its been more than 6 years give it a go. Loads of people on here have applied to Crapital One even though they'd defaulted with them many years previously and have been accepted.
I say it as it is - you may not like that but what would you prefer? A string of false platitudes that are no help whatsoever just to make you feel better? If my advice has helped, please press the Thanks button over here ----------------V. Cheers
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# 13
RichL74
Old 25-08-2012, 10:00 AM
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I was wondering how it worked, it was over 6 years ago yeah, but I also think some of these people blacklist you for life - a bit like Singlepoint / Phones 4u, but thats a different story.
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# 14
simax
Old 25-08-2012, 11:06 AM
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Some do, CapOne certainly don't.
I say it as it is - you may not like that but what would you prefer? A string of false platitudes that are no help whatsoever just to make you feel better? If my advice has helped, please press the Thanks button over here ----------------V. Cheers
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# 15
jasonwatkins
Old 25-08-2012, 11:49 AM
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The site seems to be getting some attention at the moment as the applications area is down ..
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# 16
bsisonu
Old 25-08-2012, 12:07 PM
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Quote:
Originally Posted by simax View Post
Some do, CapOne certainly don't.
great simax.
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# 17
jasonwatkins
Old 25-08-2012, 12:16 PM
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just applied over the phone and got a 'no decision' which likely means a rejection. oh well ..
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# 18
RichL74
Old 25-08-2012, 12:22 PM
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That's about as helpful to you as a poke in the eye isn't it?!
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# 19
debrag
Old 25-08-2012, 4:35 PM
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Quote:
Originally Posted by RichL74 View Post
Another one I cant apply for seeing as I ran into difficulty with Captial One in the past.
I had them on my DRO (2009-10) but just got a Secure card with them.
Debts:
c3 = £639 ; c4 = £458 TOTAL = 1097
Defaults = drop off - 6 in 2015; 1 in 2016; 1 in 2017; 2 in 2018; 2 in 2019. Total = 12!

Last edited by debrag; 25-08-2012 at 4:40 PM.
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# 20
RichL74
Old 25-08-2012, 4:47 PM
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Thanks - I am hoping to hear that my application with Nationwide was successful anyway.

It all passed online but you never know, but if it's all gone through I don't need to worry about it.

Last edited by RichL74; 25-08-2012 at 4:56 PM.
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