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Monument

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wyebird
wyebird Posts: 755 Forumite
OH and I both had letters today saying our Monument cards were being changed to Barclaycard Platinum.
My letter said it was a upgrade, OH's just said changed (although they lowered his interest rate as well (still higher than mine though).
Just wondered if this had happened to anyone else and if Barclaycard were dropping Monument?

Comments

  • esq
    esq Posts: 293 Forumite
    Yeah, selling Monument, and other brands IIRC.

    They're keeping some accounts though. "Higher quality accounts" I believe is the term. I guess that means you.
  • BONJOEY
    BONJOEY Posts: 819 Forumite
    Really Monumnet Are Passing Accounts To Barclaycard??

    I Do Hope So.my Partner Has One, Hasnt Had A Letter Though
  • tom188
    tom188 Posts: 2,330 Forumite
    it is the sub prime part of barclaycard and in the wake of heavy losses bc is doing some brand rationalisation.
  • paulinespens
    paulinespens Posts: 253 Forumite
    Monument was owned by an American bank before Barclaycard taken over think it was Providian bank who were in alot of debt.
  • sophiec_3
    sophiec_3 Posts: 27 Forumite
    i also heard that its only the best customers who get taken on to barclaycard , in other words if you only make the minium payment you will staywith monument.:eek:
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