Creation Credit Card

fivebobeach

Just a bit of information for anyone thinking of applying for the "Creation" Credit Card to reduce travel costs.


I currently use the Saga card for travelling, zero charges and interest on foreign purchases, but it adds 2% or a minimum £2 for cash withdrawals (no interest). I like to have plenty of cash whilst abroad, and when recently on a trip to Euro 2016 I lifted £1,600 in a space of just over 2 weeks - Fees of £32.

I applied for Creation as I can pay the cash withdrawal off via bank transfer to reduce these costs, but whilst registering the card by phone just now they told me there is a limit of £300 per day cash withdrawal, and only £500 per week! That's not really a lot nowadays, especially on holiday, and would have caused me a few problems in France. It's also worth noting that although my credit amount on the card is £4,000, the limit out of that for cash withdrawals is just £1,200.


Just letting you know as it may not be suitable for everyone, and I missed all this in the fine print.

I'm not sure the savings I'll make on £500 per week is worth keeping 2 specialist travel cards, at the end of the day that's only going to cost me £10 with Saga. I may decide just to keep my Saga card and let the Creation one go.

gwni

Have you looked at the halifax clarity card? No fee for using abroad and no cash withdrawel fee. I've used it in Australia and Spain for all my cash, worked out slightly better rate than bringing foreign currency from home.

fivebobeach

gwni wrote: »

Have you looked at the halifax clarity card? No fee for using abroad and no cash withdrawel fee. I've used it in Australia and Spain for all my cash, worked out slightly better rate than bringing foreign currency from home.

For some strange reason I can't get this.


I have an excellent credit score, just upgraded my Amex to the Gold Rewards, have MBNA Amex and Visa, plus the Saga as mentioned above, and just received the Creation. No outstanding debt (other than nominal mortgage) and always clear my card bills in full.


Would have preferred the Clarity above Creation TBH, as I currently don't have MasterCard, but although I've never been knocked back on a credit card application before, I've applied for Clarity twice and on both occasions been refused! For some reason it doesn't like me... :-(