Cashplus card cancellation

Gaz1971
Gaz1971 Posts: 488 Forumite
Part of the Furniture 100 Posts Combo Breaker
in Bankruptcy & living with it
Has anyone ever cancelled a Cashplus card before? What do you have to do and what does it cost?
«13

Comments

  • curly04
    curly04 Posts: 7,247 Forumite
    If you are paying £4.95 per month, ring them tell them you want to change it so you get charged for every transaction rather than monthly, then don't put any money on it and let it run out.

    Not sure how it would work if you have ticked for it to be a credit re builder

    Thanks what my mother in law did a few years back.
    Total Weight Loss - 28lb and counting
    AD 17/11/2010
  • fiveyearplan
    fiveyearplan Posts: 10,144 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    I just never re-loaded it and it finally expired.

    :j :j


  • blissfulbabe
    blissfulbabe Posts: 162 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    I cancelled my card by following the instructions in the terms & conditions - write a letter saying you want to cancel your account and include your card, cut in two. Just remember to cancel your standing order for the card fee:o
    Don't judge people on they way they look, the way they speak or what they're called because they can't help that.

    Only judge people on what they say and what they do.
  • rog2
    rog2 Posts: 11,650 Forumite
    10,000 Posts Combo Breaker
    Gaz1971 wrote: »
    Has anyone ever cancelled a Cashplus card before? What do you have to do and what does it cost?

    Why do you want to cancel it, Gaz? :confused:
    I am NOT, nor do I profess to be, a Qualified Debt Adviser. I have made MANY mistakes and have OFTEN been the unwitting victim of the the shamefull tactics of the Financial Industry.
    If any of my experiences, or the knowledge that I have gained from those experiences, can help anyone who finds themselves in similar circumstances, then my experiences have not been in vain.

    HMRC Bankruptcy Statistic - 26th October 2006 - 23rd April 2007 BCSC Member No. 7

    DFW Nerd # 166 PROUD TO BE DEALING WITH MY DEBTS
  • Gaz1971
    Gaz1971 Posts: 488 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    I want to get rid as I now have a bank account.

    I read that if you dont use the card for 120 days you will pay admin fee's of 4.95 a month, this was for both types of card, Flexi and Active.
  • curly04
    curly04 Posts: 7,247 Forumite
    Hi Gaz

    I have a bank account but I find it handy to have, put all my food and petrol money on it, and I never spend any of the bill money by mistake LOL

    Never take my bank card out with me then there is no temptation.
    Total Weight Loss - 28lb and counting
    AD 17/11/2010
  • rog2
    rog2 Posts: 11,650 Forumite
    10,000 Posts Combo Breaker
    Gaz1971 wrote: »
    I read that if you dont use the card for 120 days you will pay admin fee's of 4.95 a month, this was for both types of card, Flexi and Active.

    I have just been looking for that clause in the T&C:

    http://www.mycashplus.co.uk/cashplusDefault/TermsCond.pdf

    I must admit that I couldn't find it, but I could be wrong? :confused:

    Certainly, on the 'Pay Monthly' and Pay Monthly Deluxe' options, their website clearly states "No fee if no balance."

    As the Cashplus is a fullblown 'Mastercard', whereas most 'basic' bank accounts only offer Maestro debit cards or Visa 'Electron', then the cashplus card could, for most people, be complimentary to a Bank Account.
    I am NOT, nor do I profess to be, a Qualified Debt Adviser. I have made MANY mistakes and have OFTEN been the unwitting victim of the the shamefull tactics of the Financial Industry.
    If any of my experiences, or the knowledge that I have gained from those experiences, can help anyone who finds themselves in similar circumstances, then my experiences have not been in vain.

    HMRC Bankruptcy Statistic - 26th October 2006 - 23rd April 2007 BCSC Member No. 7

    DFW Nerd # 166 PROUD TO BE DEALING WITH MY DEBTS
  • In_a_Mess_3
    In_a_Mess_3 Posts: 500 Forumite
    I am going to take one of these out and transfer my food money onto it, that way I can keep a nice tally of what I have spent without worrying about the other bills.

    And, should I ever need to order anything and want the safety net of the credit card guarantee I will at least have that.
  • finito
    finito Posts: 93 Forumite
    Part of the Furniture Photogenic Combo Breaker
    Must admit that I have had one of these since I went BR. They are great. I don't have the pay monthly thing, I just bung half a stripe on it now and then and pay the 99p transaction fee when I have to use it. Job done!!!
  • peachyprice
    peachyprice Posts: 22,346 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Gaz1971 wrote: »
    I want to get rid as I now have a bank account.

    I read that if you dont use the card for 120 days you will pay admin fee's of 4.95 a month, this was for both types of card, Flexi and Active.

    I don't think that is correct.
    I only tried to use mine once about a year ago, it was a complete disaster and I haven't put a penny on it since and have never been charged any 'admin fee'
    Accept your past without regret, handle your present with confidence and face your future without fear
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