I’d gladly take that, mine isn’t quite 1/10th of yours but close. It’s a joke of a credit limit compared to the rest of my cards, but I got to live with it for now
I don’t even think I have terrible affordability – always have quite a bit left at the end of a month
Mine is £500! Useless, really. My other cards are more like £10k at the low end. I do understand the points above about their lending policy being tighter as a new entrant, but extremely low limits make Tymit very unattractive at the moment
In simple terms we are showing you, the customer, that the next bill “could” be partially covered by any excess you may have from paying the previous bill.
However, since you may still make purchases or changes to existing plans until the bill closes, we don’t lock that excess in to the next bill until the previous one is closed (and clearing/refunds/etc have had time to settle).
I think TyMit should make a What is Tymit advert style video that explains it all. Kind of like how chase bank did the what is chase bank video when it launched a few weeks back
Had my first Tymit Direct debit ‘fail’ according to their app, so had to make a payment by bank transfer! Anyone else had any trouble with their direct debits?
Ok maybe should give them a chance and not be hard on them, was just set up but showed in tymit and my banking app as ready to go. It’s from Santander account to claim switching bonus.
how far in advance of your payment date did you set the direct debit up? It can take several days to set up the payment with your bank and then physically claim the payment - there may have not been time.
depending on your bank, you should be able to access a list of active direct debits, do you see the tymit one in the list as a new one? If so, you know it’s been set up.
After using a Tymit card for the past few months it’s likely to be closed down.
1)Credit Limit too low. To keep a decent score it’s best to use only 25% of the limit. Not very flexible at £375.
2)Unable to find downloadable PDF statements within the app
3)Recently used the card to pay for an airfare.
Duplicate payments were presented. The pending payment was never removed by Tymit once the actual payment was posted. The airline in question add a unique reference number to posted transactions while pending payments just show the name of the airline.
Tymit originally dismissed the issue and stated that the airlines will present several payments to make up the actual fare.
As a complaint had been filed about a transaction I decided to pay everything off apart from the disputed transaction.
They eventually conceded that they were at fault and stated that they would give me £15 goodwill. This ended up to be only £10.
Unless there is a miracle it’s likely that my shredder will have a good feed and notice will be given for my account to be closed and followed up with Experian if Tymit play “stick their head in the sand game”
It’s a real shame as The Tymit Credit Card (not booster) is a really good idea. It’s a shame that technological glitches and possibly overwhelmed ? Customer services that do not keep their word let the product down.
This is an complaint I frequently hear about Tymit. It’s really concerning if they have no way to distinguish between just a hold that has not been claimed and funds that have been collected…
I have used them once now, and will likely try again next month. Then once those transactions are paid off I’ll make a decision whether I want to keep them or not