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cashplus credit card

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today i got an invite to apply for a cashplus credit card,
i was discharged from BR in april, so didnt think i would be able to get one, as vanquis already turned me down .
anyway went to the online site that was on the preselected paperwork,
and they accepted me with a £1500 limit .
it says it cost £10 a year to keep the card ,
but i suppose this is a small step in rebuilding some kind of credit normality .
i have a couple of weeks to cancel it , if i find any horror stories about them
any thoughts or problems with them ?
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Comments

  • alastairq
    alastairq Posts: 5,030 Forumite
    Yes.... one pays for the privilege.

    In other words, there is no rush.
    No, I don't think all other drivers are idiots......but some are determined to change my mind.......
  • dojoman
    dojoman Posts: 12,027 Forumite
    Is this the prepaid card?
    :pB&SC No. 298
    Life`s Tragedy is that we get OLD too soon
    and WISE too late!
  • aardyvark
    aardyvark Posts: 40 Forumite
    no its not the prepaid card
    just normal credit card
  • NICHOLAS_2
    NICHOLAS_2 Posts: 613 Forumite
    I didn't see that they did credit cards too.

    They offer me a pre approved £250 overdraft on the cash plus card which i have only ever used to pay the monthly charge because it is expensive to use plus they want you to pay £20 to get the £250.

    The card is expensive to use and as i now have a vanquis so i figure i don't need it, although part of me would like to to go for it to help rebuild my credit file.

    Do you have a link to the credit card, i can't see it when searching.
  • aardyvark
    aardyvark Posts: 40 Forumite
    i think its only if you get a preselected invite in the post ,
    then you click mycashplus.co.uk/offer
  • dojoman
    dojoman Posts: 12,027 Forumite
    NICHOLAS wrote: »
    I didn't see that they did credit cards too.

    They offer me a pre approved £250 overdraft on the cash plus card which i have only ever used to pay the monthly charge because it is expensive to use plus they want you to pay £20 to get the £250.

    The card is expensive to use and as i now have a vanquis so i figure i don't need it, although part of me would like to to go for it to help rebuild my credit file.

    Do you have a link to the credit card, i can't see it when searching.

    Ditto, never heard of it and cannot find anything about it, are you sure it is not a scam?
    :pB&SC No. 298
    Life`s Tragedy is that we get OLD too soon
    and WISE too late!
  • aardyvark
    aardyvark Posts: 40 Forumite
    dojoman wrote: »
    Ditto, never heard of it and cannot find anything about it, are you sure it is not a scam?
    its possible , if it is i will let you all know
  • mwarby
    mwarby Posts: 2,049 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I had one, but cancelled it as no online banking
  • egrescrimp
    egrescrimp Posts: 573 Forumite
    dojoman wrote: »
    Ditto, never heard of it and cannot find anything about it, are you sure it is not a scam?

    https://secure.membersaccounts.com/creditcardapp/Page1.aspx?pc=B2K001&tn=CPCreditCardB2K
  • Unless you have a genuine code it seems to redirect to the standard pre-paid page.

    In theory £10 pa for a £1,500 limit sounds a great idea in terms of credit building - shame it seems to be invite only!
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