Here Goes...Starting Up on a Journey

Superhoopza

Gonna go for it and apply

Superhoopza

We need a bit more time to process your application.

Credit limit: £xx,xxx (they told me the amount)

Interest rate: 24.9% per annum (variable)

Introductory offer: 0% for 15 months on purchases & 0% for 15 months on balance transfers

What happens next?

We need to check a few more details before we can complete your application. Within 7 working days we’ll either:

• Confirm if we’ve been able to approve your application
• Let you know if we need anything else from you

If we approve your application, we’ll send you a Credit Card Agreement. Once you’ve signed and returned it, we’ll be able to send you your credit card.

If you want to set up a Direct Direct or balance transfers, you can do this now. We’ll add these to your new credit card if we accept your application.

enthusiasticsaver

Wait and see then.  Fingers crossed for you. 

Superhoopza

enthusiasticsaver said:

Wait and see then.  Fingers crossed for you. 

Thank you. The credit limit (if offered was even higher) and will save me closer to about £250 a month. Keeping my expectations low though.

enthusiasticsaver

That would be  a decent saving and help you make a big impact on bringing the debt figure down. 

Superhoopza

Also been offered a CC with 18.9% APR with a limit between £3-5k, no 0% offer though unfortunately. Looks like things are moving in the right direction though. I'll be changing address soon though which will put me back a few months presumably as institutions get funny about change of address and I have a long history at my previous address. It was why I was hoping to pick up a deal before the move.

Superhoopza

Fluid also now pre approving me for a card on their own eligibility checker whereas I was failing before. Unfortunately it doesn't tell you if balance transfers will be included and what the credit limit may be so that's a no from me.

Superhoopza

And been told whilst it is not visible on my app, MBNA have a 0% transfer offer for me. At the moment it's only for £200 but I tried paying off my balance by a couple of quid and it increased the amount I can transfer. I have to call them to find out details. If so, I could look to pay off about £4/£5k from my other cards (can't say how), to MBNA and then do a balance transfer back. Annoying I have to call them to find out more as it is not visible on my app and customer services won't give me any details.

Superhoopza

Superhoopza said:

And been told whilst it is not visible on my app, MBNA have a 0% transfer offer for me. At the moment it's only for £200 but I tried paying off my balance by a couple of quid and it increased the amount I can transfer. I have to call them to find out details. If so, I could look to pay off about £4/£5k from my other cards (can't say how), to MBNA and then do a balance transfer back. Annoying I have to call them to find out more as it is not visible on my app and customer services won't give me any details.

Turns out this was nonsense after calling the balance transfer team. How can two chat representatives not only tell me I have an offer but the date an offer would expire and one of them tell me the promotional rate I would get.

Unbelieveable.

Superhoopza

Superhoopza said:

Superhoopza said:

And been told whilst it is not visible on my app, MBNA have a 0% transfer offer for me. At the moment it's only for £200 but I tried paying off my balance by a couple of quid and it increased the amount I can transfer. I have to call them to find out details. If so, I could look to pay off about £4/£5k from my other cards (can't say how), to MBNA and then do a balance transfer back. Annoying I have to call them to find out more as it is not visible on my app and customer services won't give me any details.

Turns out this was nonsense after calling the balance transfer team. How can two chat representatives not only tell me I have an offer but the date an offer would expire and one of them tell me the promotional rate I would get.

Unbelieveable.

Asked on live chat why I was given false information as I called up and was told the opposite to what I was told on chat by two representatives. Immediately offered £30 as compensation so long as the complaint was closed. I turned it down saying I don't want to be bribed to close the case and want to know why I was given wrong information and why the institution would rather fob me off with a small sum then investigate internally how and why false information could be given like this. Left a very sour taste in my mouth given that bribe. Is that standard policy for institutions instead of trying to get to the heart of the problem?