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NewDay

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I had a letter from Santander who were the card company behind my Debenham's card telling me the new administrators of the card were a company called NewDay. Has any one heard of them? They claim to be a major firm but I don't know anything about them also when I look at their website it seems to be a holding website. I like to manage my credit cards on line, I'm concerned that I won't be able to with this new company. Has anyone else had a similar letter or experience of this company?
Paid off the last of my unsecured debts in 2016. Then saved up and bought a property. Current aim is to pay off my mortgage as early as possible. Currently over paying every month. Mortgage due to be paid off in 2036 hoping to get it paid off much earlier. Set up my own bespoke spreadsheet to manage my money.

Comments

  • meer53
    meer53 Posts: 10,217 Forumite
    Tenth Anniversary 10,000 Posts Combo Breaker
    Lots of people.

    Santander have sold their cards business to New Day, nothing to worry about really. Their website isn't up and running yet, other posts already on the forum about this if you search.
  • NewDay is the new name for SAV Credit (old name).

    If you look on SAV Credit's website, that should be of assurance to you.
    http://www.savcredit.co.uk/
    Thank you all for helping me make my day by saving money!
  • parksajj
    parksajj Posts: 84 Forumite
    Do you think that just like the Citicards takeover (opus) santander cards will now bump up to 39.9% or something stupid?
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