Amazon Credit Builder Card

stehouk

I have been approved for the platinum card 24.9%, 3 mths interest free, points for spending and £20 gift card, not a bad card that as i spend quite a lot on amazon and can benefit from the points, they offered me the instant £500 spend which i declined but does anyone know what the limit might be ?, i'm hoping for £1000 min so i can spend Christmas on it, i already have an aqua card with a £3500 limit and no balance

[Deleted User]

It depends entirely on your circumstances.

The aqua limit could play both ways. One one hand, it shows that you can be trusted with a higher limit. However, as it's all with NewDay, they are generally cautious about over exposure for a single customer across their brands.

But I'd have thought north of 1k is very likely.

stehouk

Deleted_User wrote: »

It depends entirely on your circumstances.

The aqua limit could play both ways. One one hand, it shows that you can be trusted with a higher limit. However, as it's all with NewDay, they are generally cautious about over exposure for a single customer across their brands.

But I'd have thought north of 1k is very likely.

Thanks, i see your'e point about the risk, i didn't think of that.

System

NewDay are very conservative with limits

[Deleted User]

Yep - I somehow got my £900 limit raised to £1,950 on their Aqua Reward card over a year ago (only 2 years discharged from BR) - since then they've refused to budge further or give me any other cards (I wanted Amazon just for the points). They've also hiked my interest rate about 5 times.

Overall I have a lot less debt, am no longer being credit impaired (3 years discharged) and have always paid on time (in full) - Certainly think they're a LOT more conservative than the likes of Capital One!

A4445

I’ve closed all but one of my Newday cards as their not really good value. The offers the give are poor. I had a 0% offer for balance and money transfers but only 6 months with a 3% fee. Not good value at all. I have kept my outfit card as the rewards aren’t to bad an that one!