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  • FIRST POST
    • GM1880
    • By GM1880 5th Oct 17, 9:24 PM
    • 16Posts
    • 1Thanks
    GM1880
    Barclaycard - Do the issues still exist?
    • #1
    • 5th Oct 17, 9:24 PM
    Barclaycard - Do the issues still exist? 5th Oct 17 at 9:24 PM
    Evening all,

    Iíve had some credit issues in the last 6 years, although been very responsible for 2-3 years with no issues. Not great, but a start. Iíve a 2.5 year old CCJ and a settled default from 3 years ago. But some good credit history aside from that. Iíve a Vanquis card which I barely use with a £500 limit for 7 months, but need a larger limit for travel/car hire, though only 7% credit utilisation. I earn c.60k per year.

    I thought iíd apply for a Barclaycard and though didnít expect to be accepted, I thought I may be counter offered an Initial card.

    The online application said they needed to do further checks on The platinum application (90% eligibility). Having called to ask if I can provide further information they said they had sent a counter offer by post.

    Got back today and theyíve sent a credit agreement for a higher APR Platinum card.

    The query now is how sure is this offer? Are they still accepting then declining applications like they used to? And whatís the basic limit for a Platinum?

    Thank you.
Page 1
    • zx81
    • By zx81 5th Oct 17, 9:26 PM
    • 13,683 Posts
    • 14,145 Thanks
    zx81
    • #2
    • 5th Oct 17, 9:26 PM
    • #2
    • 5th Oct 17, 9:26 PM
    You're very likely to get the new offer.

    Limits are too variable to predict and will be based on your circumstances.
    • GM1880
    • By GM1880 6th Oct 17, 10:51 AM
    • 16 Posts
    • 1 Thanks
    GM1880
    • #3
    • 6th Oct 17, 10:51 AM
    • #3
    • 6th Oct 17, 10:51 AM
    That's very useful if so. But, just worried about this thing that seemed to be happening a few years ago with offers subsequently being cancelled.

    It appears most Platinum cards seem to be £1500+ Credit Limit which would suit it's purpose just fine. Surely it is was going to be a lower limit they'd have counter offered with a BarclayCard Initial?
    • Samsung_Note2
    • By Samsung_Note2 6th Oct 17, 11:14 AM
    • 95 Posts
    • 26 Thanks
    Samsung_Note2
    • #4
    • 6th Oct 17, 11:14 AM
    • #4
    • 6th Oct 17, 11:14 AM
    Well my credit history is some what chequered and still have 3 ccj"s that don't drop until later this year and then one in 2018 and last in 2019.

    However applied for Tesco credit card and was shocked when approved (only had sub prime cards previous) so chanced my arm for Platinum card with Barclaycard and was given £3500 limit.

    So yes the APR might be higher than hoped but they seem to give fairly generous limits...i was expecting maybe £500 - £1000 so £3500 was a huge shock.
    • GM1880
    • By GM1880 6th Oct 17, 11:19 AM
    • 16 Posts
    • 1 Thanks
    GM1880
    • #5
    • 6th Oct 17, 11:19 AM
    • #5
    • 6th Oct 17, 11:19 AM
    Interesting, I assumed I wouldn't qualify at all for a Platinum. Don't care about the APR given I won't be accruing interest, but makes a big difference for work and also to help build up a decent credit profile.

    Thanks
    • GM1880
    • By GM1880 9th Oct 17, 4:25 PM
    • 16 Posts
    • 1 Thanks
    GM1880
    • #6
    • 9th Oct 17, 4:25 PM
    • #6
    • 9th Oct 17, 4:25 PM
    Ok, got the email confirming my account which is encouraging. But only a £800 limit which sort of defeats the purpose of getting this card. But, still good to build up a bit of history with Barclarycard and then hopefully more likely to get an increase with them than say Vanquis.

    How are Barclaycard with limit increases, presumably more open to the idea than the Sub-Prime cards?
    • chappers
    • By chappers 9th Oct 17, 6:46 PM
    • 2,718 Posts
    • 1,539 Thanks
    chappers
    • #7
    • 9th Oct 17, 6:46 PM
    • #7
    • 9th Oct 17, 6:46 PM
    .

    How are Barclaycard with limit increases, presumably more open to the idea than the Sub-Prime cards?
    Originally posted by GM1880
    They throw them out like smarties, I have a Barclaycard Platinum and in the space of three years the limit went from £8500 to £18,000 uninvited . Do have an excellent credit history and never run a balance for more than a few months and then only to spread a major purchase such as a holiday over a few months
    • Ben8282
    • By Ben8282 10th Oct 17, 2:19 AM
    • 2,045 Posts
    • 895 Thanks
    Ben8282
    • #8
    • 10th Oct 17, 2:19 AM
    • #8
    • 10th Oct 17, 2:19 AM
    You say you earn 60K pa and need a higher limit for travel and car hire expenses but all you have so far is a vanquiscard with a £500 limit. Very odd. How do you currently pay for your car rentals and travel?
    • GM1880
    • By GM1880 10th Oct 17, 6:58 AM
    • 16 Posts
    • 1 Thanks
    GM1880
    • #9
    • 10th Oct 17, 6:58 AM
    • #9
    • 10th Oct 17, 6:58 AM
    Itís only recently that iím travelling on my own for work. Previously iíve been with colleagues who either have a suitable card or a company card.
    • Don80
    • By Don80 10th Oct 17, 10:37 AM
    • 186 Posts
    • 71 Thanks
    Don80
    Ok, got the email confirming my account which is encouraging. But only a £800 limit which sort of defeats the purpose of getting this card. But, still good to build up a bit of history with Barclarycard and then hopefully more likely to get an increase with them than say Vanquis.

    How are Barclaycard with limit increases, presumably more open to the idea than the Sub-Prime cards?
    Originally posted by GM1880
    I have an initial Barclaycard which I have had for a little over 2 years - it also started at £800. It's now at £2,400 which is a bit much! They seem to offer increases every 6 months. Mine went from £800, to £1200, then £1800, now £2400.

    I try and pay it off to avoid interest so the fact it's an initial doesn't bother me at all. Maybe I should ask for a different card?
    • Don80
    • By Don80 10th Oct 17, 10:44 AM
    • 186 Posts
    • 71 Thanks
    Don80
    Itís only recently that iím travelling on my own for work. Previously iíve been with colleagues who either have a suitable card or a company card.
    Originally posted by GM1880
    I'd be suggesting to your employer that if you are travelling for work regularly that they should be providing you with a card.

    I occasionally travel with work, so don't mind putting the odd meal on my card and claiming expenses. But if your expenses are such that you are now applying for a credit card - you need to talk to your boss.
    • GM1880
    • By GM1880 17th Oct 17, 9:14 AM
    • 16 Posts
    • 1 Thanks
    GM1880
    I'd be suggesting to your employer that if you are travelling for work regularly that they should be providing you with a card.

    I occasionally travel with work, so don't mind putting the odd meal on my card and claiming expenses. But if your expenses are such that you are now applying for a credit card - you need to talk to your boss.
    Originally posted by Don80
    Ideally yes.

    Got the card through now at any rate and asked for a limit increase or at least a temporary facility. Unlikely so early I'd have thought, but you never know. Maybe if I am now in a position to get rid of my Vanquis card, they may consider giving me a limit increase as that's the main reason for cancelling, but I get the feeling they're less open to it.
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