AA 0% Credit Card application - would not recommend

SuzieSue

thrifty_fred wrote: »

That is annoying, at least you got a 4k limit. I'd love to know why my limit is so low. I called to see if they could up it and was told not. She tried to be helpful and said I could try in 6 months, bearing in mind the offer is only available for 90 days!!!

Yes. £4k is low for me (Barclaycard gave me £18k recently). But Sainsbury's only gave me £2.5k at the same time.

Thrugelmir

SuzieSue wrote: »

which is much higher than the normal 1%.

A 1% minimum repayment wouldn't even cover the monthly interest charge on many cards.

adindas

If people are asked for paperwork, their requirement is next to none.

The document could only be certified by Bank offcials, Accountants, Lawyers, Post office, doctors. BAsed on the new report it is even worse as the doctor has been stripped off from the list.

Also the wording when they requested the draconian certified portfolio of evidence is very arrogant. There is not any guarantee that you will get the card even after requesting such a tremendous paperworks. Generally, many institutions will only ask this kind of draconian paperwork’s in the very last stage and it is put as a condition.

Challenge for people here to find a more complicated than this.
Are they more secure than UK high street banks ???

SuzieSue

Thrugelmir wrote: »

A 1% minimum repayment wouldn't even cover the monthly interest charge on many cards.

But it is a 0% BT card, so there is no interest. Therefore, the greater the minimum payment, the less useful it is.

Supa_T

Mine took just over 2 weeks for everything to arrive - 3.3k limit (although I've just cancelled an old card that had around a 4k limit on it). Plus I'll receive just under £50 from topcashback

londonsuffering

Hey,

Thanks for your feedback, how long did it take in the end from start to finish. Someone bumped my car on a business trip in Norway and I've been getting killed on the interest while I'm waiting for the insurance company to pay out. I submitted my app around a week ago. Any help you can give me would be greatly appreciated.

londonsuffering

Yeah, I've applied for them as well. My previous credit limit was £10000 but my stoozing period is done and I was shocked to find they only offered me £1000. It could have something to do with a recent move. Anyway, I have around £1000 in debt that I was hoping to transfer, are you saying that you can only transfer a maximum of £800?

Alexsas

I am through the same idiotic process now. The issue is that they had left a hard print on my credit file when I applied online, and asked for more documents than Halifax when I applied for £0.5m mortgage!

To make things worse, after I sent them all original documents, they came back with a letter stating that my payslip is a photocopy (well, it was a printout from a computer system my employers gives to us!), and not certified.

could not be more mental in this day and age.... I wish I could cancel the bloody thing, but only continuing due to wasted search on my file.

GingerBob_3

Alexsas wrote: »

I am through the same idiotic process now. The issue is that they had left a hard print on my credit file when I applied online, and asked for more documents than Halifax when I applied for £0.5m mortgage!

To make things worse, after I sent them all original documents, they came back with a letter stating that my payslip is a photocopy (well, it was a printout from a computer system my employers gives to us!), and not certified.

could not be more mental in this day and age.... I wish I could cancel the bloody thing, but only continuing due to wasted search on my file.

AA and Post Office are managed by Bank of Ireland. Avoid these cards like the plague. Eventually they might get the message that their documentation requirements are onerous in the extreme, but maybe they won't and will just get out of the credit card business.

jankoluvsky

I just applied 3 days ago, should i cancel that?