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E Platinum Credit Card

This offer seems somewhat inviting but, what are the hidden faults ? This card offers 5000 pound credit, surely there is a catch or two somewhere !

Comments

  • ElkyElky
    ElkyElky Posts: 2,459 Forumite
    It helps to search the forum.

    http://forums.moneysavingexpert.com/showthread.html?t=1177477

    If you read the terms and conditions on E-Platinum's website (which you should when considering any financial products).. you'll notice they charge you substantial amounts for applying.
    We’ve had to remove your signature. Please check the Forum Rules if you’re unsure why it’s been removed and, if still unsure, email forumteam@moneysavingexpert.com
  • terrig
    terrig Posts: 33 Forumite
    Hi, they charge you £75 on the application which they dont really tell you about, then you do get a card but the card can only be used to purchase items from and the £5,000 reduces to 500,

    This is not a Visa nor is it a Mastercard, in fact it isn't actually even really a credit card, it is a membership to what looks like some kind of online catalouge, with a £500 credit limit to buy whatever you like from a limited range of goods.

    it gives it away if you read their terms and conditions,
    http://www.e-platinumplus.co.uk/eterms.html

    Just another company preying on peoples measures to get cards or loans.
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