Sub Prime Credit Card Club

cifpower

I don't think the default has been satisfied yet, no. Ulster Bank is a bank in Northern Ireland and owned by Royal Bank Of Scotland; as such they are not a "sub prime" lender.

darcyvuqua

i take it you had it before the default?

cifpower

darcyvuqua wrote: »

i take it you had it before the default?

No, I got both my credit cards after the default. Ulster Bank refused me at first but I appealed with 3 months bank statements and I was accepted.

darcyvuqua

cool that was lucky then i have never heard of them sometimes i really believe that they only issue a certain amout of products per day/week/month and if you apply for it at the right time you will get it or stand a better chance

fairmorn308

cifpower wrote: »

Well I got a letter from MBNA today refusing my appeal. Ah well. Looks like I'll just have to make do with my Vanquis and Ulster Bank CCs. I only have one default from a year ago.

what was ur appeal for?

cifpower

fairmorn308 wrote: »

what was ur appeal for?

When I applied for the Classic card they turned me down flat; they did not even offer me the £100 deposit card. So I appealed the decision to see if I could get accepted.

fairmorn308

When did ya get ur ulster card as was thinking of getting another one aswell as my MBNA one which just been accepted for

cifpower

fairmorn308 wrote: »

When did ya get ur ulster card as was thinking of getting another one aswell as my MBNA one which just been accepted for

I got my Ulster Bank card April 07

darcyvuqua

i know that mbna dont offer the £100 deposit card to any one with outstanding ccjs or defaults as i rang them up to hopefully help others on this thread get on the credit card ladder

cifpower

darcyvuqua wrote: »

i know that mbna dont offer the £100 deposit card to any one with outstanding ccjs or defaults as i rang them up to hopefully help others on this thread get on the credit card ladder

I didn't realise that it had to be satisfied. I'll get onto that ASAP. Its weird because Ulster Bank gave me a 0% card on purchases. It then switched to the standard APR of 19.9% before they offered me a further 6 months of purchases at 9.9%.

The credit limit they gave me was £500 initially. 6 months later they upped it but to only £600 before increasing it to £1100 which is what it is now. I am now steadily paying it off by at least £100 a month - sometimes £150.