new day rules - multiple cards

Deleted_User wrote: »

It's not clearly defined, even internally.

Certainly multiple cards of the same brand get shut down from time to time - as does overlap between aqua and marbles.

Amazon and the store cards generally sit outside of the sub prime category so you should be ok to have multiples of those.

remember amazon is just the "face" of the card so to speak. newday is the actual lender as with aqua so it is still essentially a sub-prime card right?

the minimum credit limit is £500 which is higher than others but still not quite out the subprime zone unless im wrong.

so what you mean in your post is having certain pairs like a marble + aqua at once can be shut down but store-based newday cards like amazon and debenhams shouldn't matter if you already have an aqua account?

last thing i want is to use the card then 3 months down the road get it shut down and demand the money back in full.

Deleted_User wrote: »

No. Amazon is aimed at a more mainstream market, as are the other store cards, although they do accept further down the scale as well. NewDay moved away from the pure sub prime market around 4 years ago when they bought the Santander portfolio.

Your other assumptions are correct.

But even if your card is shut down, they won't demand immediate repayment.

what would they do then. stop any further spending and ask you to make monthly repayments at the current rate of interest?

i forgot to mention that this is about the classic amazon card. not the platinum which comes with cashback rewards etc. is still has most of the same perks and they claim to upgrade you to platinum after 12 months if you dont default. i suppose its just a different card design and considered a credit builder when they cant instantly accept you for the platinum.

it will be nice to carry around a purely amazon branded card because its less embarrassing to hand over at the till. hopefully this will go trouble free!