RISE Visa/Balance transfer program.

jed1_2

Can anyone explain to me how the RISE balance transfer program works. I can't understand the wording on the site. What do you need to do? If i transfer a balance from another card will i have to close that card?

cifpower

I have this card. What is it you would like to know?

jed1_2

Well everything really? Is it a proper Visa card? From what i can work out on the site is it just like a standard balance transfer?

cifpower

It is a proper Visa credit card. This is the way it worked for me.

I had a debt with a debt collection company. I paid a reduced settlement figure. Once I paid a certain proportion of this the rest was transferred to the credit card which has a £100 credit limit. The APR is 18.9%.

jed1_2

Right i see, thanks. So it's something you should really use to clear a debt, rather than balance transfer from another card?

cifpower

That is correct. You cannot apply for it. You have to be invited.

jed1_2

Oh the intrigue. lol Sounds like a secret handshake set up? So how would you get an invite?

Its-A-New-Age-Thing

Cif power is indeed correct i was askin about it and posted a link a few pages back on never in doubts sub prime thread i ALSO have it and have for over a year now no credit limit increase whatsoever and ive ran the account FLAWLESSLY.........CIF u ever get an increase mate?

:beer:

Its-A-New-Age-Thing

jed1 wrote: »

Oh the intrigue. lol Sounds like a secret handshake set up? So how would you get an invite?

I got one by bumping a payday loan compucredit were tied up with...................... its kinda like them basically tryin to recoup cash............if youve bumped anything there organisation was involved with there like here please pay us well give u a credit card if you do LOL

:rotfl::rotfl::rotfl:

ud almost assumme theyd have no credit licence or it should have been revoked with that attidude but they DO have one and it HASNT been its whats left of the monument brand

OH the credit card was issued with no credit check GUARANTEED credit card u dont see that often do you lol.......... havin its helped me bag 4 others soooooooo its been ok i suppose

:A

shelly161

Thought it was a scam I have been invited. Paid balance got pin but no card still waitin.

mistrydip2k

Hi. I got an invite from balance transfer programme too. Paid my minimum to qualify then got my pin number. Nearly been a month and still no card & customer services are utter !!!! based in india. Did u get ur card in the end?

Dee :-)