First Direct new 0% Black-to-Gold?

oscarhugo

Anybody had a further 6 mo. 0% from First Direct recently ??

My wife's & my FD Black 6 monthers are expiring shortly. Months ago there were threads about converting to a Gold card & getting another 6 months. When I investigated on-line however, only a low percentage rather than 0% seemed to be offered. Is this the "Norm" now, does anybody know?

Ta muchly

Reaper

First Direct no longer offer 0% cards.

However HSBC (the parent bank) still do. I checked with them and asked if I could directly transfer but they said no as they trade separately. So I canceled the FD card and will shortly apply for an HSBC one.

I am hoping HSBC can look at my FD account and therefore give me the same generous credit limit but I have a sneaky feeling the two are in competition with each other and may not share info. Worth a try though.

No BT fees on the HSBC card but it is only 0% for 6 months.

oscarhugo

Thanks, Reaps -- I already have an HSBC card - with a inferior c/l to the FD card...

Lopo

Do HSBC report to the CRA's bearing in mind that FD do not...? Just curious....

H2SO4

Do HSBC report to the CRA's bearing in mind that FD do not...? Just curious....

ALL credit providers report to agencies - FD may be using Equifax/CallCredit instead of Experian or vice versa. It is likely that HSBC will use the same one.

Lopo

H2SO4 wrote:

ALL credit providers report to agencies - FD may be using Equifax/CallCredit instead of Experian or vice versa. It is likely that HSBC will use the same one.

Not true I'm afraid...!

FD does not show up on any of the 3 CRA's all which I have checked in recent months and can confirm having held various FD products over multiple years. Believe they will report to agencies only when defaults occur for example...

They build/retain their own records.....hence my questions about HSBC as I have never dealt with them and seek verification on this!

Can anyone confirm for me please?