M & S 0% 15 Months Purchases

Temrael

Yup I had that and had heard nothing after a week so called, they said it was waiting on an assessor, but like 5 mins after the phone call though I got the normal email saying I had been accepted.

fozmcfc

Got the forms today, so it's been a week, obviously discounting non working days, 5 days to get the forms to me.

Mentions APR of 15.9%, is this definate, mentions 15 months at 0% as well and the card number. No limit shown though as per others.

cyclura

The limit will come with your card,

I have just had my card arrive and its got a huge limit for me I was gobsmacked, I am only using it for the 0% though so will never get to my limit.

It took about a month from me applying to the card being activated in all

fozmcfc

Same here, only using credit cards nowadays when their is a 0% purchase offer on them.

Can't believe for years, how badly I used them. Got a repeat 0% on purchases on my Virgin card until April next year I'm going to use and the M&S card for 15 months.

Evilm

Got ours and got a good limit on it. Interesting point was that the PIN's for the cards (me being an additional cardholder, hubby being the main cardholder) arrived in letters addressed to hubby. We had to compare them to the cards when they arrived to see which PIN was which.

Its taken about a month all in from application to getting the card.

emtiem

Got my card today (along with the PIN in the same post! Great security!) but was disappointed with the credit limit of £1500; I was hoping to put down a fair wedge from the card for buying a car. Not sure why the limit is so low; I have a mortgage which I've not missed on and only one other credit card, although I did miss a payment on that last year I think. I am self-employed; will that have meant I get a low limit? Is there anything I can do to improve it?

Temrael

emtiem wrote: »

Got my card today (along with the PIN in the same post! Great security!) but was disappointed with the credit limit of £1500; I was hoping to put down a fair wedge from the card for buying a car. Not sure why the limit is so low; I have a mortgage which I've not missed on and only one other credit card, although I did miss a payment on that last year I think. I am self-employed; will that have meant I get a low limit? Is there anything I can do to improve it?

They wont review your credit limit for 6 months I think. M&S are pretty stingy and may be a little over subscribed, checkout the Tesco 0% card.

emtiem

Thanks; I may do although it's a little late now. I've been waiting for the M&S one for weeks now and I can't put off the car dealer any longer; certainly not if this Tesco one will take as long as this one did. I'm disappointed with the whole thing.

Temrael

Tescos do seem a lot quicker, instant decision and credit limit online. Signing of credit agreement seems to be on the online application too, would expect the card would come through in a week or so.

fozmcfc

18 months ago now, but my Tesco card came within a week IIRC, certainly no more than 10 days.