Sub Prime Credit Card Club

Tori_Bellatrix

Actually, I think they call it the Halifax Standard Credit Card now ..

skyrider007

I think MBNA Standard MasterCard also targets at subprime.

PROLIANT

skyrider007 wrote: »

I think MBNA Standard MasterCard also targets at subprime.

Well if it does then it must be pretty choosey cos they knocked me back, think it was because I cant be verified on the electoral register for more than three years, I only have two years on the system.

dannynixon

PROLIANT wrote: »

Yes I know, but these cards are targeted at people with poor credit ratings etc, well done on the JJB card, they knocked me back...suprise, suprise, anyway I hold a Capital One Classic @ 30% and a Monument Visa @ 26.6% and it appears that they are lower than different flavours of MBNA.

Haha, Proliant. You only got your vanquis one a few weeks ago. I'm not surprised, you have applied for as much credit as I have recently

Katie789

Great idea for a thread. I have had my Aqua Mastercard for a year now, initial credit limit of £600 but this has been increased in 3 increments over the year to £1950. My only beef with them is that initially the apr on the card was 34.9% then about 4 months ago was increased to 38.9%. This is despite using the account every month, never making a late payment or going overlimit and most months paying interest on a (small) balance. When I called them to question it they said it was a standard measure, nothing to do with how I was running the account, they were doing this to every account?!

This aside have been very pleased with the card, though obviously hoping to ditch it soon now I've built a reasonable history with it. Does anyone know how high the maximum limits are. The website says £2200, is this the maximum initial limit or just the maximum they will offer anybody?

Tori_Bellatrix

Katie, good to hear nice things about Aqua ... I've just got a card with them the other month ..starting limit £500 ...

Gillianh2

Well I am sooooooooooooooooooo Jealous:rolleyes: cant get accepted for any of the above. Well TBH havent tried the aqua, cap one or vanquis this year, but did try for the one beginning with M (having a senior moment:rotfl: ) a couple of weeks ago and got a big fat no:D So am stepping away from the apply button in the hope that the horrid credit file will start to look a little better:A Time is supposed to be a great healer eh lol:rotfl: :rotfl: :rotfl:

PROLIANT

Gillianh2 wrote: »

Well I am sooooooooooooooooooo Jealous:rolleyes: cant get accepted for any of the above. Well TBH havent tried the aqua, cap one or vanquis this year, but did try for the one beginning with M (having a senior moment:rotfl: ) a couple of weeks ago and got a big fat no:D So am stepping away from the apply button in the hope that the horrid credit file will start to look a little better:A Time is supposed to be a great healer eh lol:rotfl: :rotfl: :rotfl:

Do you have a poor credit history of defaults etc?

sophy_2

Perhaps you can help me with Cap One had the credit card back in 2000 @£400 limit stupidly maxed it and stopped useing it but paid direct debit every month minimum thinking it was enough to cover bill got statements every month until 2006 then nothing to tell me I was over the limit until I called them to ask for a settlement figure it had gone up to £900 but when I paid it off and asked for the statements for the last 6 years only got until 2006 and then the last payment anyone know what to do next please thanks

jimbo26

Here are the links to some of the cards mentioned.

Capital One Classic https://www.capitalone.co.uk/creditcards/secure/application.jsf

Aqua http://www.aquacard.co.uk/

Vanquis http://www.vanquis.co.uk/home/home.aspx

Barclycard Initial http://www.barclaycard.co.uk/personal-home/cards/initial/index.html

Monument http://www.themonumentcard.co.uk/index.html

Halifax Classic http://www.halifax.co.uk/creditcards/classic.asp