New Luma 4% cashback card (supermarkets and petrol)

[Deleted User]

Thanks for the heads up OP.

Successfully applied

Will work alongside my Aqua 3% card nicely

aleph_0

Thanks OP for spotting this, I've also applied and been accepted.

financialbliss wrote: »

Have been accepted - absolutely no indication of credit limit being offered. I'm only interested in this for the 4% cash back. There's a drop-down on the application which asks to select the "minimum amount of credit which would be useful to you". I chose £300 - £500 - I didn't want to risk asking for too much.

Just to note, that question doesn't have a red star by it, so isn't compulsory. I chose not to answer, since I couldn't work out what they would try to infer (£225+error margin is all I really need, but does asking for a low amount sound like desperation. Does asking for a higher amount sound imprudent, or risk them saying no if they can only offer a lower amount?)

financialbliss

aleph_0 wrote: »

Thanks OP for spotting this, I've also applied and been accepted.



Just to note, that question doesn't have a red star by it, so isn't compulsory. I chose not to answer, since I couldn't work out what they would try to infer (£225+error margin is all I really need, but does asking for a low amount sound like desperation. Does asking for a higher amount sound imprudent, or risk them saying no if they can only offer a lower amount?)

Hadn't realised it was optional. No worries - I was given £1,500 credit limit! Just been emailed my on-line login details this morning and credit limit is shown there. No card or PIN yet.

Anyone else know their credit limit yet?

FB.

lisyloo

So, apart from the other rebukes you've already received, you think Capital One are a shoddy credit card provider?

I have personally received very good service from capital one.
They did a chargeback for me when Peacocks went into administration.
They also paid out on a section 75 claim (strike) where they said I wasn't covered but they did it as a goodwill gesture.

OllyM

financialbliss wrote: »

Anyone else know their credit limit yet?

My mum has been given £1500 too.

pjread

I can't see better than 4% anywhere, although it's a shame it's only fuel and supermarket spend... At risk of a stupid question, who are these guys?

lisyloo

I can't see better than 4% anywhere

You can get 5% on promotional deals with Amex e.g. the preferred rewards gold card.

Atidi

pjread wrote: »

... At risk of a stupid question, who are these guys?

Are you really saying you've never heard of Capital One before in relation to credit cards?

Or did you miss my earlier post pointing out this card is from Capital One?

lisyloo

I already have a capital one card (an old one with 1% cashback which I use when I've exceeded aqua cashback).
Would this make me ineligible? (sorry if I've missed it).

OllyM

lisyloo wrote: »

I already have a capital one card (an old one with 1% cashback which I use when I've exceeded aqua cashback).
Would this make me ineligible? (sorry if I've missed it).

No, my mum has a Capital One Aspire World card and got approved instantly for this Luma card so you should be fine.