Monument Visa Card - Has anyone recently applied and received a card?

blackrunningbird

wouldnt recommend, After having financial difficulties they did not reply to any of my letters or budget forms asking for help, their fee's and interest rate is ridiculous and they are not at all easier to get hold of - phone them up and you will be waiting for a good 30 mins and then the advisor is useless. For a company owned by barclays they are appauling

PROLIANT

blackrunningbird wrote: »

wouldnt recommend, After having financial difficulties they did not reply to any of my letters or budget forms asking for help, their fee's and interest rate is ridiculous and they are not at all easier to get hold of - phone them up and you will be waiting for a good 30 mins and then the advisor is useless. For a company owned by barclays they are appauling

That was the problem...they were owned by Barclays, not anymore, the card is underwritten the Private Bank R Raphael’s and son, service is provided by Compucredit and the service they offer is quite good, they don't sell insurance for their card but they do off a plan where if you get stuck you can freeze the account for up to 2 years until you get yourself sorted out financially, the card can then be re-instated for formal use.

ICan'tStandIt

blackrunningbird wrote: »

wouldnt recommend, After having financial difficulties they did not reply to any of my letters or budget forms asking for help, their fee's and interest rate is ridiculous and they are not at all easier to get hold of - phone them up and you will be waiting for a good 30 mins and then the advisor is useless. For a company owned by barclays they are appauling

Do you still owe them anything ?

As Proliant said, Monument is no longer part of Barclays and are now owned by the American firm Compucredit http://investor.compucredit.com/phoenix.zhtml?c=115652&p=irol-newsArticle&ID=981790&highlight== so it's probably them you should be dealing with instead.

Barclays did keep some of the "better run" Monument accounts and issued them with a Barclaycard.

moneysavingallday

MBNA do a credit building card?

PROLIANT

moneysavingallday wrote: »

MBNA do a credit building card?

Yes they do, ask Darcy and the guy's on the SPCCC thread as some of them have got it, the card is a Mastercard or Visa, not sure, but it is usually offered by the underwriters if you get turned down for their mainstream cards, the 34% applies to most of their mainstream cards by the way, allot of customer have been hit with the high APR recently.

moneysavingallday

My God Proliant 34% is really crazy for a so-called prime card. Wow.

PROLIANT

moneysavingallday wrote: »

My God Proliant 34% is really crazy for a so-called prime card. Wow.

My goal for 2009 is to conquer MBNA mainstream and American Express, if I play my cards right, literally, there should be no reason why I could not achieve this.

ICan'tStandIt

moneysavingallday wrote: »

My God Proliant 34% is really crazy for a so-called prime card. Wow.

The higher the APR, the higher the risk that customer is seen as, which I'm sure you knew.

As someone who has worked for sub-prime lenders, I can say that while some customers learn a harsh lesson the hard way and turn things around, many do not.