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CashPlus Credit Card? (Not pre-paid)

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Does anyone hold one of these cards?

If so what APR is typical for them?

Are they a Subprime card company?

JCG

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Comments

  • Herbalus
    Herbalus Posts: 2,634 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    They look like prepaid cards to me - where are you getting the suggestion that they aren't prepaid? Do you have a link?

    Cashplus are normally considered the last resort if you can't get a credit card.

    Their website says they don't charge an interest %, but rather a flat annual fee and a daily charge.

    From their website:
    Overdraft amount: £100 for 12 months, 0% interest, 50p per day flat usage fee, capped at £10 per monthly statement period, plus an annual fee of £20. Total amount payable: £240. Representative 230% APR.
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