Oh joy of joys, I'm on a mailing list. And I've been pre-approved* for a brand new credit card.
In my wallet I have an Amex card with an 38K limit. And a mastercard with a 20K limit. And a VISA card with a 15K limit. Last year I spent over 100K on plastic (about 85K of that is work related expenses). I pay them all off every month. I put everything I possibly can on credit card as they all have cash back ranging from 1% to 3%.
But no matter, Vanquis have pre-approved* me for one of their cards. Oh happy days. With a £250 limit. £250???? What use is that? My amex bill last month was almost 20K. £250? I could stay 2 nights in a hotel (just about) and it would be maxed out. And they've written to me 3 times in the last 6 weeks. I don't want one, I keep writing this on the forms and posting it back to them.
*Subject to certain checks, i.e. I'm in no way shape or form pre-approved.
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I've been pre-approved for a new credit card
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Re: I've been pre-approved for a new credit card
wheypat wrote:But no matter, Vanquis have pre-approved* me for one of their cards. Oh happy days. With a £250 limit.
Their marketing would seem somewhat at cross purposes. You wonder how much or how little they really know. If you have no credit available at all, £ 250 will be a luxury. For many users, it's too low to be of any use.
Vanquis is a brand of that door to door bank whose share price crashed, is it not?
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Re: I've been pre-approved for a new credit card
Alaric wrote:Vanquis is a brand of that door to door bank whose share price crashed, is it not?
Googling them finds this:
Vanquis have helped over 3 million† people with bad credit, improve their credit rating after being turned down elsewhere. Apply now & improve your credit ...
I wonder if there might be an issue with the OP's credit report?
(Me? £250 would cover my spend in a quiet month, but still seem pointless. I use my creditcard for the cashback).
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