New NationWide Gold Credit Card Question?

Taff

Recived my first credit card today 22.06.06. The issue date on the card states 06.06.06. Why is the issue date before I even applied for the card??

Secondly, does this mean the 9mths intrest free period end 9mths from the issue date (06.06.06)?

Also in the process of setting up a Current acount (NationwideFexacount) to benifit from no-charge tranactions etc in Europe.. Is there a min to pay into this account monthly? and can I set one up without cancelling my existing current account with Barclays?

Thanx in advance!!!

King_Of_Fools

Taff wrote:

Also in the process of setting up a Current acount (NationwideFexacount) to benifit from no-charge tranactions etc in Europe.. Is there a min to pay into this account monthly? and can I set one up without cancelling my existing current account with Barclays?

There is no minimum to pay in to have the account (although the interest rate does vary). There are also two versions the full one that allows overdrafts and supplies a Visa Debit card. If you do not score highly enough you can still get the basic version with no overdraft and you get a Mastercard (Cirrus) cashcard.

Both cards work for no-fee overseas ATM withdrawals (althougn the Visa Debit card can also be used for no-fee overseas purchases).

JohalaReewi

Taff wrote:

Recived my first credit card today 22.06.06. The issue date on the card states 06.06.06. Why is the issue date before I even applied for the card??

Secondly, does this mean the 9mths intrest free period end 9mths from the issue date (06.06.06)?

The definition of how long is "9 months" seems to vary between card companies. You will probably need to contact Nationwide and ask about your account specifically. ie. "When does the 9 months start and when does it end?"

grumbler

Their Credit cards terms & conditions state clearly:

Introductory rates apply for 9 months on purchases and 12 months on balance transfers, from the date the account is opened.

King_Of_Fools

Taff wrote:

Recived my first credit card today 22.06.06. The issue date on the card states 06.06.06. Why is the issue date before I even applied for the card??

Where does it say 06.06.06? The card only has the month and the year (i.e. 06/06).

Milarky

Taff wrote:

Is there a min to pay into this account monthly? and can I set one up without cancelling my existing current account with Barclays?

Although there is no minimum you get a must better in-credit interest rate (for balances up to £3000) depending on how much you do pay in:

0-£499 pcm: 0.25% pa
£500-£999 pcm: 1.25% pa
£1000+ pcm: 4.25% pa

Taff

King_Of_Fools wrote:

Where does it say 06.06.06? The card only has the month and the year (i.e. 06/06).

It only says 06/06 on the card, sorry to confuse you!!

Thanx