GE '3%' Cashback Card

ffacoffipawb

payless wrote:

wow.... almost unblieveable

Indeed, I earn over £40k a year and have a minimal mortgage and they turned me down.

lipidicman

ffacoffipawb, perhaps it is because you look remarkably like a (reformed) criminal. Good luck with that list!

payless

I just processed my application ( just missed the 4pm deadline for same day processing) , I have a very good " credit rating" , and for this type of card would not care if limit was as low as £1000 ( as would repay fully each month) BUT I am stoozing a fair bit at moment & I wonder if that will go against me- will report back on decision.

michaels

MSE_Martin wrote:

Full details of this new card are in the Best Cashback Card Article.
http://www.moneysavingexpert.com/cgi-bin/viewnews.cgi?newsid1087717218,37843,

Martin

Martin

How about thanks and links to the earlier mentions of this card on the motoring thread, on the cashback thread on this board and another thread on this board.

bergy2

I applied last Tuesday
Friday had heard no reply other than 1st e mail so wrote and said I have an excellent credit rating and am happy to take it elsewhere - got a reply within 2 hours accepting it

Wonder what credit pointing system they use as some of u guys should have been accepted really

lisyloo

I am not prepared to put all the details but I put down a six figure household income and got turned down.

I have done a bit of stoozing and been a bit of a tart but last card was opened in February (3 months ago) so I don't think it's too bad.
My credit score is about 875 out of 1000 which I think is pretty good.

Going to see if my husband gets one as he has been less of a tart than me and earns more.

ffacoffipawb

lisyloo wrote:

I am not prepared to put all the details but I put down a six figure household income and got turned down.

I have done a bit of stoozing and been a bit of a tart but last card was opened in February (3 months ago) so I don't think it's too bad.
My credit score is about 875 out of 1000 which I think is pretty good.

Going to see if my husband gets one as he has been less of a tart than me and earns more.

I suspect they only want those that have paid interest on other credit cards (I never have).

The 3% cashback is nothing compared to what they can make on that.

They get less than 3% from merchants, so the cashback is a loss. And I doubt it can be sustained anyway.

KTF

ffacoffipawb wrote:

I suspect they only want those that have paid interest on other credit cards (I never have).

I have never paid interest on credit cards and got a 'yes' within hours of applying.

mad

I have had this reply

Thank you for applying for a GE Money Credit Card.

We are now processing your application and will get back to you with an answer via email. Look out for an email from the GE Money Applications Team!

If you are submitting your application between Monday and Friday, 9 am to 4 pm, we will respond with a decision within 10 minutes. At any other times, we will respond to you on the next business day.

If you have any questions about the GE Money Credit Card, please call us on 0870 126 2665.

Regards
The GE Money Applications Team

Will be mega pi**ed off if dont get approved as have no credit problems. Do you think Bargain Booze will count as groceries?

MSE_Martin

Hi folks,

With regard to the credit score, this comes from GE themselves, I did a detailed conversation with them over this, and their specifically note (though in different words) that this is effectively a cherry picking card and will only go to higher credit scorers.

Obviously there is no way to know what the limit is - as everyone scores differently, but if you've had any defaults I suspect i wouldn't bother applying.

And a quick note to Michaels. I would be delighted to thank the other threads, must admit I haven't seen any of them, feel free to link them to here though and I will take a peek.

martin