Picture courtesy of Scott.
| Customer service | 2/10   |
|---|---|
| Value for Money | 8.5/10 |
| Overall rating | 7/10 |
Full review by
sirual80
on 25th Oct 2007
User Rating : 4
Respect :
0
Good Points: Reasonably low APR
Bad Points: Strange credit control policy
General comments: In line with the general increased BOE rates, Co-op bank sent me a letter stating they would be putting up the APR. Not that it became too high as a result (Around 11%), but I decided to send them a letter to try to keep it as low as possible for me as previously this has worked well with Barclaycard and a few others.
They responded with an icy letter that this will under no circumstances be possible, referring me to the credit agreement. I didn't think much of it and just moved on.
Two days later another letter came to my surprise. They informed me that they have decided to slash my credit limit to half. Apparently in their opinion I am over committed and it is their decision from time to time to review the limits. Having had the previous experience, I decided not to complain and just pay off whatever I owed them asap and close the account. Funny that two weeks after the "over committed" letter, SkyCard wrote to me and increased my limit from 1500 pounds to 5000. With roughly 5000 pounds in debt in total and an annual salary of 35k I really don't see exactly where I may be over committed.
sirual80's review and ratings | 211 words
Review by
joepesci
on 2nd Feb 2006
User Rating : 10
Respect :
0
The Co-operative Bank Clear Credit Card offers a VERY Low APR (9.9%). It is a Visa, so it's very widely accepted. It is sleek Looking.
Can pay the bill online, over the phone or in branch.
Can withdraw cash and issue cheques on it, and do not get charged for doing so - on other cards there is a 2% fee per transaction.
It is a very competitive card. It's a shame more people don't stumble across this gem of a deal.
joepesci's full review | 125 words | 1 comment added.
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