Amazon Credit Builder Card

A4445

Does anyone have any idea how long until newday review credit limits as £700 isn't really very useful!

MoneySaver123

My Marbles card was upped only about 9 months after I got it I think...but it may be sooner on their different brands.

[Deleted User]

Depends on card utilisation, other debts and other credit utilisations etc

20aday

Highest credit card limit is £2,050 with Lloyds Bank but that's more than enough for me to be honest.

Had set up alerts and although the transaction is still pending I got an email from New Day within minutes of using my card for the first time Sunday morning.

dazzaofdagenham

My amazon card came with a 500 limit...

Pretty low really, but after 12 months it can be upgraded to a platinum card.

A4445

dazzaofdagenham wrote: »

My amazon card came with a 500 limit...

Pretty low really, but after 12 months it can be upgraded to a platinum card.

Newday do seem very tight with their limits, their not going to make much off low limits.

dazzaofdagenham

A4445 wrote: »

Newday do seem very tight with their limits, their not going to make much off low limits.

True.

Already have a 20 voucher from them and 3 months with no interest.

Even if the limit was 5k then they won’t make much from me

tastyhog

A4445 wrote: »

Newday do seem very tight with their limits, their not going to make much off low limits.

it's a credit builder card, there's a reason people are getting them and it's not because they have shown to be a good credit risk in the past, they have either had past problems or they have a sparse file, would you lend £500 to someone who has previously not paid it back or who hasn't shown they can manage debts yet.

binaryuniverse

I got an Amazon Platinum with a limit of £500.
Not a big deal, as I pay it off in full each month. And it's unlikely I'll make a purchase that large on Amazon.

dazzaofdagenham

tastyhog wrote: »

it's a credit builder card, there's a reason people are getting them and it's not because they have shown to be a good credit risk in the past, they have either had past problems or they have a sparse file, would you lend £500 to someone who has previously not paid it back or who hasn't shown they can manage debts yet.

Yup that’s me.....not proud of my credit past but things more on..

Lesson learnt and this time all will be good