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2 Balance Transfers ?
Hey, I currently have 2 credit cards with balance transfers on them: 1) balance -£2,561 (£6100 limit) currently interest free. Interest begins next month (Oct 2020) 2) balance -£1,800 (£3000 limit) also currently interest free. Interest begins May 2021 I obviously want to do a new balance transfer in the next few weeks for…
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M&S 0% Purchases CC
Have just found out today that the M&S 0% purchases credit card as recommended on the MSE best buys comes with a 6 month credit limit freeze. So whatever you end up with, you’re stuck with! Not ideal if you want to use it for everyday spending through the life of the 0% offer.
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£500 balance credit card from 2004 - £6720 paid over 16 yrs and they still want more - what to do?
Hi there, I opened a Barclaycard account on 2004 with a £500 limit. I used the limit on one purchase in 2004 and set up £35 monthly minimum payments on it. I also bank with Barclays, so presumed they would update my Barclaycard address when I updated with Barclays. They didn't, I stopped receiving statements when I moved…
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Buy an item larger than your credit card limit.
I am booking a holiday for a large group in the future. The holiday is likely to be about twice my credit card limit. I can pay in installments. My question is, if a pay for a holiday of e.g. £6000 on a card with a £3000 limit by paying in 2 installments, would the card issuer still have liability for the total amount of…
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Eligibility Checker
I'm looking for a 0% credit card deal - I used the MSE eligibility checker and it said I had zero chance of getting any of the deals. Don't understand as I am self employed with good income, my partner earns more than me, we have low monthly outgoings. I have a good credit history too. Does the eligibility checker work?…
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Part-balance transfer? Is it worth it?
Hi I have 2 credit cards. * Balance of £2,500 remaining [Available credit on card £10k) (paying interest) * Balance of £2,400 remaining [Available credit on card £2,900] (Interest free) I'm trying to reduce the balance on card 1 so I can clear it quicker due to the monthly interest. Am I doing the right thing by applying…
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Debenhams credit card
My wife recently had a holiday refund credited to her card after clearing the balance after booking. The card lender was contacted to request the credit value of several hundred pounds to be transferred to a bank account. The advice was to allow 28 days for payment. This has long passed and when contacted to enquire, the…
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Tandem Journey Closing
Just had an email saying the Journey Card is closing Effective on 2nd November 2020 we will be closing the Journey Credit Card and you will need to repay your balance in full by 3rd February 2021. We’re writing to let you know that we have made the difficult decision to close our Tandem Journey Credit Card. As a result,…
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Moving in the right direction...
Another £2K paid off this month and closed two MBNA cards. Lots of card shuffling in August and out of the 4 cards remaining only 1 is charging interest that has a balance: * Aqua (0%) - £4.1K * Virgin Money (0%) - £7.5K * Barclaycard (23%) - £8.2K * Santander (29%) - clear Santander tell me that a 0% deal is due to be…
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Credit card rejection despite 80% likelihood of acceptance
Hi, I just applied for a Barclaycard credit card and was rejected. I did an Experian credit check which shows I have a good credit score and suggested this credit card. I was just wondering if anyone had any thoughts about why I might have been rejected? This is my first credit card and I have no debt. I am just a bit…
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Won a Refund under section 75 claim
Hi All, I have paid for a service to a business via my credit card. The transaction falls within the type covered by the Consumer Credit Act 1974 (CCA). I have requested a refund from the business as I am not happy with the service but they did not listen. Then I have claimed through my credit card company by successfully…
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Virgin Money registration code e-mail help
This morning I applied and was approved for a Virgin Money Credit Card, in the acceptance e-mail they stated I'd get a follow up e-mail "shortly" with details of how to set up my online account and information on when I'd be receiving my card in the post, but that shortly has turned in to 9 hours, is this normal or do I…
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Correct compensation?
Due to error on their part Marbles recorded me as having missed payments on my credit report when in actual fact I was in a payment holiday. It took me a lot of ineffective (complaint was never actioned etc) calls and finally an email to ceo to get any action. They are removing them but offered £60 compensation - does this…
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Which card to pay off
I will try and keep this short and simple. I have a lot of dept - about £22k spread out over 7 credit cards in various amounts. The smallest balance being about £1600 and the largest being about £7k. All started out as 0% transfers and now none of them are at 0%. I have paid off 2 cards already and closed those down,…
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Involuntary DCC
Hello all. A recent involuntary DCC episode got me wondering whether we could persuade any card providers to offer a facility to opt out of or automatically decline such transactions. What happened to me was exactly as documented here 3 years ago:…
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Is this 0% transfer worth it?
I have £2774 on a 0% card which is about to end next month. Today I was accepted for another 0% deal, 17 months 2.99% so I will transfer this balance. I have another £2457 on a different 0% which is due to end in March 2021. Would it be in my best interest to also transfer this amount now? I'm not sure on my chances of…
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Closing old credit card accounts good or bad idea ?
long post so apologies in advance i have 7 credit cards some have uses cashback or points etc others don't several i haven't used in over a year possible even longer is it time to to close them down or is it better to keep them as i've had some of them 5+ years I've just got a halifax all in one card with 17 months 0%…
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Will it help or hinder me to have a credit card?
Hi, I am wondering if it is worthwhile getting a credit card for my money circumstances. I have never owned one before. I am very sensible with my money, I always spend within my means and save up the money first if I need something expensive. I am 'generation rent' so I am spending a small fortune on rent every month and…
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Snowball Calculations
I did a snowball calculation yesterday. I have 4 cards, one has 2 promotional offers 0% 9mths & 13mths (standard 19.3%) , one has 2 promotional offers 0% 7mths,10mths one has 1 promotional offers (0% for 18 months standard int 24.9%) and the last is at standard rate 17.4%. Why is the snowball calculator telling me to pay…
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Amex card
Ok help my daughter booked my flight for November and booked it in jan to Ozzie so I could protect myself if anything happens Well it did in March Covid 19 arrive so when the travel companies decides I will not be going which I think you will agree does the money have to go back to her card ? Or can I get it transferred to…
