Sygma Bank Credit Cards

kathy40uk

You have been accepted and will receive your card within 10 working days. You will have balance transfer at 0% for 15 months. If you give them a call they will be able to tell you what will be your credit limit and apr...well done

Thats the message I got Kathy and I rang them yesterday and they confirmed a £5000 credit limit !! did not ask on APR as I will be using for a balance transfer so not too important at the moment, seemed very helpful when I rang up and said card would be with me in a few days then I can ring up and do any transfers I want.

Thanks both :)Will give them a ring

Davewils

If i take advantage of a 6 month 0% BT offer on the Silver card, I notice that all the stoozing guides say that you must sort out your next card 6 weeks before the 0% bit runs out or you'll "be hit by a large amount of interest". This makes it sound like if you go over the 6 month 0% period then theyll whack on all the interest you missed from the first 6 months.

Is this correct? Or do you just have to start paying interest.

The reason i ask is that obviosuly it'll only be like 4-5 months untill i have to look for the next 0% card and so there will still be the previous credit searches from within the last 6 months on my file. I'm happy to hold off untill these click over the 6 month mark and pay the normal rate of interest for that month or two, but if they whack on all the interest that you've missed then there's no point for me to use the 0% offer.

kilasuit

Davewils wrote: »

If i take advantage of a 6 month 0% BT offer on the Silver card, I notice that all the stoozing guides say that you must sort out your next card 6 weeks before the 0% bit runs out or you'll "be hit by a large amount of interest". This makes it sound like if you go over the 6 month 0% period then theyll whack on all the interest you missed from the first 6 months.

Is this correct? Or do you just have to start paying interest.

The reason i ask is that obviosuly it'll only be like 4-5 months untill i have to look for the next 0% card and so there will still be the previous credit searches from within the last 6 months on my file. I'm happy to hold off untill these click over the 6 month mark and pay the normal rate of interest for that month or two, but if they whack on all the interest that you've missed then there's no point for me to use the 0% offer.

I think its because the stoozing guide is about making the most money from the card i.e. profit and even a months interest could ruin like 30% of someones stoozing profit.

Does that make sense?

Davewils

Yeah, thanks.

I did wonder that when i looked at it again, but thought i may as well ask.

kathy40uk

OMG :eek::eek:

They say that my account was opened today and I have a limit of £2000 with 19.9% interest, and that the balance transfer is being processed today. She told me I have another £1.150 that I can use for transfers so I can get rid of one of my other cards too

Don't care about the apr as it's going to be purely for transfers

Thanks you sooooooooooo much for this thread :money:

I still don't quite believe it though lol

chexum

I just got the card today, £3,000 limit, though with the higher APR. Quite nice considering I'm sub-prime-ish because of <2y credit history.

For the times - I was approved online last Wednesday (card in 7-10 *working* days), they sent one more email on Monday that I should get ready to enjoy the card (in 7 to 10 *days*). Hopefully PIN comes before next week, not in 7-10 days

BugsyBrowne

Still think 75% of people who have been accepted for sygma,would struggle with one of the mainstream lenders..

For some unknown reason they seem to be lending to anyone who holds,either a capital one,vanquis,agua,barclaycard initial..

b33

star-fire wrote: »

Still think 75% of people who have been accepted for sygma,would struggle with one of the mainstream lenders..

For some unknown reason they seem to be lending to anyone who holds,either a capital one,vanquis,agua,barclaycard initial..

I have vanquis but aqua and Crap one turned me down earlier this year I got acceptance for sygma silver with £1000 limit 2 weeks ago!

BugsyBrowne

b33 wrote: »

I have vanquis but aqua and Crap one turned me down earlier this year I got acceptance for sygma silver with £1000 limit 2 weeks ago!

Exactly think sygma are closing in on all sub-prime applicants hoping to make a killing hoping for those to run up huge limits..

PNPSUKNET

Myn got accepted today for silver, I was declined in april though. It went to underwriters and I didnt even speak to them. So can say the myth about auto decline might just be that