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Barclaycard Limit Reduction
I just received a letter from Barclaycard, stating they have reduced my credit limit from £20,000 to £1,250 - a reduction of over 93%. It also just happens that this is under £100 from my current balance, meaning that if I hadn't noticed the change, I could have easily gone overlimit (and incurred the associated fees). I…
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Direct debit keeps failing and both banks blame each other. What to do? (Amex > Chase)
I signed up for an AmEx Gold (UK) card in April and set up a direct debit (DD) with my Chase account. The first payment went through, but all subsequent DDs have failed. I've been manually paying since then. Here’s what happened: * Both AmEx and Chase blame each other for the issue. * Last month, I set up a new DD and…
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Charged interest on balance transferred away?
I balance transferred one of my credit cards before the minimum payment was due, this was done in plenty of time before the minimum payment was due but on logging into the card I have some interest to pay, the minimum payment was £26 odd, the interest it has applied is £10. I thought if the balanced was cleared before the…
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Using a 0% Credit Card to pay off a personal loan.
I have currently have a personal loan that has an interest rate of 9.9%. I currently have approximately 36 months left to pay. There are no penalty charges associated with this loan, so I am currently overpaying almost double the agreed payment, which will reduce the payment time by about half and save loads in interest.…
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Amex application - very impressed
Just wanted to say how impressed I was with Amex application, recently changed they now let you know if your approved before it was a %chance. Applied Friday morning, got the card Saturday. fastest card I have ever applied for and received. excellent limit as well. so far app is good and it’s the cashback one so 5%
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MSE said I was preapproved but Barclayard declined
I'm just curious if this has ever happened to anyone else and if so what the outcome was. Basically as per title. I went through with an "MSE preapproved" 0% balance transfer card application with Barclaycard. Some time later I received a letter from Barclaycard saying my application had been rejected, with no reason…
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Section 75 Building work
Hi, I was wondering if anyone has had any experience against claiming back money from a builder through section 75 and what is the best option to get money back? We agreed a quote to have an extension done along with replacement windows for our existing property. We ended up paying quite a large sum of deposits before the…
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Section 75 Claim for Refused Refund
I purchased a watch as a Christmas present for my son. It was pre-owned and from a watch dealer who is a VAT registered company. The reason was that there was cosmetic damage not evident in the photos of the listing on the retailer's website. The watch was not worn I returned it with agreement from the seller but I did not…
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Newbie questions about collecting Avios points using any means!
I have three questions before signing up to collect Avios points, mainly using a credit card, which I use for all my daily spending. Firstly, on reading the MSE article on "31 tricks to boost and max Avios", it states "You can only upgrade one cabin level up – so premium economy to business, not economy to business, and…
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New Income / Applications
Going forward if your income has changed do you just start putting the new income details on credit applications, I mean I’ve been putting the same figure for a good while now and that figure has changed so I guess I just start using that new figure, I didn’t want to scare the fraud systems or anything and it flag out and…
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two balance transfers from same card?
I'm thinking of applying for a balance transfer card, as I have some large bills and purchases in the next few months. Not absolutely necessary, as I can pay these from savings, but a card would let me pay over a period without incurring interest. The card I am thinking of is the RBS balance transfer card, as my current…
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Issues with Santander CC payment collection
Hi This month I (stupidly) didn’t have enough money in my Chase account to pay my Santander credit card direct debit payment. Chase sent me two texts saying I had insufficient funds to pay it. So I transferred money from my Chase account to my Santander savings account to pay the credit card through Faster Payments. The…
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Pension affecting card application
Hi I would imagine this has probably been covered so apologies if going over old ground . Im 60 and have recently semi retired and took on a small part time job , I supplement my wages with a monthly drawdown from my pension , I take out 1400 per month but could take out a fair bit more if I wanted . i recently did a…
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TSB credit card application rejected but no hard or soft search recorded
I hold a TSB account, in Nov I decided to apply for their credit card, I applied via the mobile app. However my application was rejected and I got a standard rejection email. I noticed TSB didn't conduct a soft or hard search, as I can't see any traces on my credit file. I use checkmyfile to monitor all the three credit…
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Do I need to keep spending on a credit card?
I’m thinking of taking the amex card which gives the 30,000 Avios, airport passes etc if I spend £3000 in the first 3 months. After that time do I still have to buy things or can I just close the account?
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0% Transfer Cards
Hi forum. I have 2 cards, both 0% (one ending in October and one in Dec). Is it worth getting a 0% transfer card for 31 months or even 20 months for the one due to expire soonest or wait until nearer October just before the interest kicks in? Thanks in advance.
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Missed payment by 3 days, paid as soon as notified... late payment on credit check?
I have 2 Natwest credit cards, and I erroneously removed the direct debit from my bank for one of the cards. I had a payment due on 4 Jan... today I received an email and text about a late payment and them letting me know the late payment fee has been waived, but encouraging me to make a payment. I immediately did using…
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100% Pre-approved You'll get this offer subject to final lender checks
Hello, I currently have a Lloyds 21 months 0% interest free spend card. I have maxed out the credit limit and looking to get another 0% spend credit card. I completed the Credit Club eligibility checker and surprisingly it says that I am 100% Pre-approved You'll get this offer subject to final lender checks for another…
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Section 75 - Claim rejected unfairly
Hi, I filed a section 75 claim with Tesco bank for an alloy wheel refurbishment where the company damaged the wheels and are refusing to resolve even though they have accepted they caused the damage. I paid £300 for the service and the damage has cost me ~£100 in diagnostics. Unfortunately the wheels are damaged beyond…
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Reclaiming recurring payment fraud on credit card
When I was holiday in Europe in March, I have now realised that a 1.75USD payment was paid by my credit card account to a retailer I do not know at the same time I paid a restaurant bill. Then on the 12th March and every subsequent 12th of the month an online subscription payment of 29.95USD has been paid to 5 different…
Discuss the art of making money by earning interest on cash that credit cards lend you at 0%.
3.5K discussions
19.3K comments
Most recent: Lloyds 0% overdraft by pecunianonolet
29 September at 8:42PM
