Should I??

liquidstool_2

hey, finally got my sweaty palms on a CC from my Bank, Santander which gave me a guaranteed acceptance, 0% BT for 16months with no fee and 0% on buys for 3 months. I was also offered card insurance from PPI, £34.99 for for a year with no payment due or interest for 6 months, (i accepted but may well cancel under cooling off).

I know the general rule is not to spend on any BT cards but i've transferred my remaining Vanquish balance which was about £200 and intend on making the same monthly payments as i was on the vanquish card just to clear it faster.

My question is should i go on and spend on this card? i've read the recent email with interest about changing the way payments are credited to the account. I am only looking to spend small amounts and to pay off the balance of those spends on reciept of the statement.

Or have i got it wrong an just don't spend on it until i have cleared the balance transfer amount?

cheers

BugsyBrowne

liquidstool wrote: »

hey, finally got my sweaty palms on a CC from my Bank, Santander which gave me a guaranteed acceptance, 0% BT for 16months with no fee and 0% on buys for 3 months. I was also offered card insurance from PPI, £34.99 for for a year with no payment due or interest for 6 months, (i accepted but may well cancel under cooling off).

I know the general rule is not to spend on any BT cards but i've transferred my remaining Vanquish balance which was about £200 and intend on making the same monthly payments as i was on the vanquish card just to clear it faster.

My question is should i go on and spend on this card? i've read the recent email with interest about changing the way payments are credited to the account. I am only looking to spend small amounts and to pay off the balance of those spends on reciept of the statement.

Or have i got it wrong an just don't spend on it until i have cleared the balance transfer amount?

cheers

I personally think you should not have anything to do with Santander as they are the worst bank who have ever stepped foot in this country..

jon_boy75

star-fire wrote: »

I personally think you should not have anything to do with Santander as they are the worst bank who have ever stepped foot in this country..

i completely agree with you

(i think that's a first!)

onlypaddy

star-fire wrote: »

I personally think you should not have anything to do with Santander as they are the worst bank who have ever stepped foot in this country..

Yeah, because that answer's OP's question really well doesn't it!

OP, I would check your T&C's to see when the change is coming into effect and spend only after this if you need to. As long as you add the full amount of your spends to your monthly payment you should be fine

BugsyBrowne

onlypaddy wrote: »

Yeah, because that answer's OP's question really well doesn't it!

OP, I would check your T&C's to see when the change is coming into effect and spend only after this if you need to. As long as you add the full amount of your spends to your monthly payment you should be fine

Yes it do actually onlypaddy you dip sh*t, if someone was buying a ford orion I would say the same which is don't go there they are crap.

liquidstool_2

erm, thanks but i don't see an answer to my question! I've had no problems with Santander, the customer service has been excellent, anyway i was stuck with them after they took over A+A

MFWannabe

As long as you pay off in full the amount that you spend on purchases each month then you will be fine

liquidstool_2

FREEZ wrote: »

As long as you pay off in full the amount that you spend on purchases each month then you will be fine

thanks, does that include the card insurance?

paulmcerlean

did you get this as an offer through online banking? do santander do credit card pre approvals?

liquidstool_2

paulmcerlean wrote: »

did you get this as an offer through online banking? do santander do credit card pre approvals?

yes, i was pre-approved, but i have been a customer for 5 years.............