John Lewis Partnership Card

HonestJohn

Marmaduke123 said:

Well, I decided to apply after all after receiving the email and code today. I'm pleased to say it was all very straightforward, and I've been given the same credit limit as with the old card, which is very satisfactory as I was concerned about a possible reduction. My circumstances have changed a lot since I originally applied for the old card.

It's worth noting that you can see your credit limit before you complete the application, so if it's not enough you can abort the application and look elsewhere.

Exactly what happened to me. Very pleased with the outcome. Registered for my online account as well. I was even given a temporary card to use before mine turns up.

christmaslights

All good so far. Got my new Partnership card yesterday and have started using it, though prior to that it was available in Apple Pay and I think a temp card was mentioned. I still get texts for every payment where I use the card directly which is something that I liked very much about the old card. The app seems to work well. To pay it off, as well as the usual direct debit and pay by debit card options, they’re offering a Pay Online option with Payit which is something developed by Nat West. It says that the payment will clear more quickly then when using other methods. I’ve not heard of it before.  Has anyone ever used Payit to pay off a credit card?

daveyjp

Not sure using Payit can be much quicker than a direct transfer payment.

I pay my current JLP card as direct payment.  It appears as pending in less than an hour and is credited to the account next day,

christmaslights

daveyjp said:

Not sure using Payit can be much quicker than a direct transfer payment.

I pay my current JLP card as direct payment.  It appears as pending in less than an hour and is credited to the account next day,

It says in the Help for it in the app that ‘Payments will normally clear instantly’. Not sure if that means that they will appear in my credit card statement instantly. I would like it if they did. It doesn’t look as if I can try it out until I get my first statement. 

RBYHS

I use PayIt for my Vanquis that I barely use. It clears instantly! 

WillPS

Payit will likely send NewDay a signal as soon as your payment takes place (a 'webhook'), so NewDay can record/apply the payment immediately.

Presumably they will have some kind of scheduled service checking for payments in their bank account and assigning those payments to card accounts, so even though the payment itself is at the same speed the time it takes for it to be applied to your card account might differ according to the cadence of the service.

Not a problem if you pay in a timely manner, of course.

As an aside I've always been impressed with the speed at which Amex in particular pick up and apply payments via faster payment - it's not quite immediate (so likely not a webhook) but it's less than 15 mins - so they must have a scheduled service which runs on a very frequent basis.

older_wiser

cymruchris said:

older_wiser said:

i signed up to get further information about the John Lewis card i'm not a current holder of the partnership 

i've just got an email that its now open to non current members there is also an eligibility checker 

not interested myself but thought it was worth posting in case anyone non members were interested. 

The main website still shows as existing members only. I'm not necessarily going to apply for one, but I like to run the eligibility checkers from time to time to see what they say. 

i also noticed that on the main page but if you do register your interest in the card give it afew days and they will send an email saying you can now apply. i don't have any interest in it but as you said its interesting to see what the limit and apr would be if i did.

Joyousrox

I am in a bind. I don't think that the new partnership card will work for me, so would shop around. 
Currently I only have the JL card. I am in the final stages of a divorce, so will be applying for a mortgage soon. I would like some advice on which is better, a new "hard search" on my credit file, or a lack of credit cards on my credit file. How will mortgage providers view both of these situations?

Mike199

I have two issues with the new card:

(1) there is not a non-contactless option

(2) you cannot change the £100 contactless limit.

So if your card is stolen, the thief can spend £99 a time as often as they like until you realise the card is missing and report it, then you'll have to pay whatever has been spent up to that point because you cannot prove you didn't carry out the transactions.

Not very good and I doubt I'll be transferring to it.

eskbanker

Mike199 said:

So if your card is stolen, the thief can spend £99 a time as often as they like until you realise the card is missing and report it

It's not unlimited, it's up to five contactless transactions or up to £300, depending on which of these this card company uses.

https://forums.moneysavingexpert.com/discussion/comment/79223260#Comment_79223260