The Sub Prime Credit Thread - Part IV

Innocent_Guy

wizzywig27 wrote: »

Ahhh, I dont have a basic account so thats good...they offer pre approvals, but does that mean no external creit check when applying?

Yes, If they pre-approve you they do not carry out an external credit check

wizzywig27

Innocent_Guy wrote: »

Yes, If they pre-approve you they do not carry out an external credit check

Cheers buddy :beer:

izools

wizzywig27 wrote: »

Ahhh, I dont have a basic account so thats good...they offer pre approvals, but does that mean no external creit check when applying?

No, it means no credit check when you take them up on a pre-approved offer. just applying for something outright rather than taking up an offer on the home page of your internet banking involves a credit check

Innocent_Guy

wizzywig27 wrote: »

Cheers buddy :beer:

No problems.. :beer:

kilasuit

Innocent_Guy wrote: »

Enjoy a credit limit of up to £2,000 (minimum £250) - How the fuc k did I qualify for the maximum limit!

Thats a worthwhile limit tbh still at 27.9%?

Innocent_Guy

kilasuit wrote: »

Thats a worthwhile limit tbh still at 27.9%?

TBH if I knew they were going to offer that I could have tried for a different one :-)

I do not intend to leave that much of a balance on it. I have also been approved for Sigma which is 0% for 3 months.

fairmorn308

evening guys hows everyone?

izools

Innocent_Guy wrote: »

TBH if I knew they were going to offer that I could have tried for a different one :-)

I do not intend to leave that much of a balance on it. I have also been approved for Sigma which is 0% for 3 months.

I would recommend running as much as you can afford to through your Barclaycard each month, or at least using it a bit month to month, as they will reduce the APR after six months. They'll upgrade you to gold after 12 months, and then platinum after 18, with the associated APR reductions.

You need to run the account well for them to do this, but they are very good at keeping you if you call to close the account every six months

Well done on both fronts (Sygma and BCol)!

Innocent_Guy

izools wrote: »

I would recommend running as much as you can afford to through your Barclaycard each month, or at least using it a bit month to month, as they will reduce the APR after six months. They'll upgrade you to gold after 12 months, and then platinum after 18, with the associated APR reductions.

You need to run the account well for them to do this, but they are very good at keeping you if you call to close the account every six months

Well done on both fronts (Sygma and BCol)!

Cheers, I may spend approx £1000 - £1500 on it a month?

Can you apply for another B/Card after 6 months? Do they credit check?

Innocent_Guy

fairmorn308 wrote: »

evening guys hows everyone?

Evening! All is well and good and yourself?