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Too good to be true - whats the real catch?

thorsoak
Posts: 7,166 Forumite


in Credit cards
I keep coming across this on Facebook - I know there is no such thing as a free meal, and I'm trying to suss out the main catch here - any comments?
http://rt.e-platinumplus.co.uk/eterms.html
Something so "too good to be true" has to be too good to be real!!
http://rt.e-platinumplus.co.uk/eterms.html
Something so "too good to be true" has to be too good to be real!!
0
Comments
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£99.95 'membership fee'
£4.95 per month 'maintenance fee'
Then you buy stuff on credit at inflated prices from their limited online catalogue.
It's an elaborate way of relieving you of several hundred pounds.
Avoid.
UNDERGROUNDThis is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0 -
Ah-ha!!! Hadn't twigged that it was a catalogue card!!! 9ft & bargepole come to mind!
Thanks!0 -
I can see plenty of catches there,
1)you can only buy whats in the catalogue,
2)you have no idea whats in the catalogue,
3)you have no idea what the costs of goods are before you sign up,
4)cost £99.95 to set up.
5)£4.95 per month thereafter,
probably a few more but I didn't get past the first few paragraphs0
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