Capital One Credit Card - Bank Details

ice_tee

You'll get it in 4.

safc118

i just applied for one on thursday i tried to sign online but for some reason it wouldnt let me? however the CCA came thru today (very quick turnaround i thought) il send that off on monday on the letter it said a credit limit of up to £2500 and a rate of 34.9% apr does this mean that my limit is 2500 and i have up to 2500 to spend on the card when it arrives or does it mean my limit could be up to 2500?

paulofessex

safc118 wrote: »

i just applied for one on thursday i tried to sign online but for some reason it wouldnt let me? however the CCA came thru today (very quick turnaround i thought) il send that off on monday on the letter it said a credit limit of up to £2500 and a rate of 34.9% apr does this mean that my limit is 2500 and i have up to 2500 to spend on the card when it arrives or does it mean my limit could be up to 2500?

I think the initial limit will be more like £250-£300 the £2,500 is the upper limit they do over a time on the 'classic' card then they offer another type. This is what l have read on other posts on MSE

BugsyBrowne

£200 i think you will get to start off with,ive never missed a payment,never been late,and its took me 2 years to get a £1500 limit,mine started at £200 6 months later £500,then 1year later they put it up to £1500..

safc118

star-fire wrote: »

£200 i think you will get to start off with,ive never missed a payment,never been late,and its took me 2 years to get a £1500 limit,mine started at £200 6 months later £500,then 1year later they put it up to £1500..

Probably wont be £200 as i applied for the progress one and the minimum is 300 im hoping for something bigger than that as ive had the following credit history

2x35 per month phone contracts (paid in full for over 1 year)
barclaycard gold £1250 PIF for 12 month
Sygma silver (just got so dont think this will be on credit report yet)
Premier life bank acc (had for years with OD)
£6000 car loan paid in full within 2 weeks :rotfl: long long story lol

BugsyBrowne

safc118 wrote: »

Probably wont be £200 as i applied for the progress one and the minimum is 300 im hoping for something bigger than that as ive had the following credit history

2x35 per month phone contracts (paid in full for over 1 year)
barclaycard gold £1250 PIF for 12 month
Sygma silver (just got so dont think this will be on credit report yet)
Premier life bank acc (had for years with OD)
£6000 car loan paid in full within 2 weeks :rotfl: long long story lol

Safc see you have a barclaycard there which means your credit can't be to bad,why go for a bloody capital one progress card which will take you 2 years to get 19.9%..
By looking at your other 2 cards silvercard/barclaycard don't honestly think your achieving anything by going for a progress card..
If your credit report is pretty good as you say,go and get a half decent card where your APR is already around the 18% with credit limits a lot more than £2500

ice_tee

I'm pretty sure the 'up to £2500' is referring to the upper boundary the progress card offers. You should get more than the minimum with any decent credit history.

safc118

star-fire wrote: »

Safc see you have a barclaycard there which means your credit can't be to bad,why go for a bloody capital one progress card which will take you 2 years to get 19.9%..
By looking at your other 2 cards silvercard/barclaycard don't honestly think your achieving anything by going for a progress card..
If your credit report is pretty good as you say,go and get a half decent card where your APR is already around the 18% with credit limits a lot more than £2500

I decided to get one simply for the green 0's lol I pay in full every month I'm looking into stoozing in the future and you need a good history to get the decent cards with 0% BT offers. I've had a few applications this month lol so I'm gonna sit tight with these cards till the autum. I really went for it because you had a choice of colours and it says platinum lol

paulofessex

Card arrived today £200 initial credit limit. During the card activation telephone call they attempted to sell me ID theft protection and a service where you can cancel a lost or stolen card for a whooping £50. I expressed that for one l wasn't interested in such an amount and should my card become lost or stolen l will use their 0800 number to report it as people have been able to do for years.

I do like the online account access, will certainly help to keep on top of things.