I’ve seen a Capital One £50 limit in a previous job
It is generally subprime, but I used to have a limit over £10k with them i.e. it’s not just low limits on offer. Both Barclays and Virgin have subprime offerings too.
Capital one here is nothing like the US.
3 Likes
I’m sure, as most lenders do.
But if you were eligible for a sub-prime product from a prime lender, you’d probably choose it over a sub-prime product from an exclusively sub-prime lender like Capital One, who appear to only target bad credit, no credit and delinquency.
4 Likes
Hilariously, when I first moved here from the US 7.5 years ago, I applied for a Capital One UK credit card since I already had a Capital One US card with an $18k limit and was turned down… Then I applied for a NatWest credit card a few months later (we’ve had NatWest accounts since we went to uni here in 2011) and was accepted with a limit over £10k… 
2 Likes
Yes, you’re right there. Interesting though that Capital One weren’t always subprime in the UK. When I originally got mine a few decades back, it was a ‘normal’ card, but has since gone somewhat down-market.
4 Likes
Officially back on the RBS boat.
Current account and DRS opened. 5x roundups enabled. Just need to remember to go a penny over when filling up the car with fuel. 
1 Like
Current set up
Revolut: Salary to personal, group bill for the houses card spend and joint account for regular bills. The latter are set in stone and won’t move. Enjoying having the salary in the same app for ease and interested to see the bank offering coming soon.
Santander: Back up current account for post office, branch services. Also set up to pay off credit card and investment accounts held with Santander. Edge CC for cashback. Investment Hub now cheaper than Vanguard for the same fund for me.
Monzo: For friends who split bills on there and throwaway payments. Also easier for scanning a cheque in than Santander.
Banks under consideration:
First Direct: Already have my mortgage here so could check out the current account.
NatWest: Previous longstanding RBS credit card customer. Prefer the NatWest brand and might want back in, in the future. Recently found out they are technically a different bank!
Cater Allen: Odd appeal in checking out 2003 style banking. Perhaps one day I will have the funds where I don’t need to have instant balances etc 
I have had current account with most other banks available in the past
Savings with Tandem, Triodos (mostly fixed term) and a Vault with Revolut.
1 Like
Got sick of moving money about so just gone back to full Starling yesterday, so now I’m using:
Starling Joint - everything joint, wages etc
Starling Sole - my own monthly spends
Monzo Flex - credit card/flexing 3 months
Barclays Rewards - backup CC
5 Likes
Be sure to check the newer rates if you’ve not already.
It’s surprising how more common revolut seems to be given I deal bank statements all day long at work.
1 Like
Yes I only actually reopened one to park the months funds while I spend on the CC once the ClearBank offer dropped.
1 Like
Don’t you still have to move money to Monzo to pay off flex?
1 Like
Yeah just send it to my Monzo account and let it automatically get paid off from my main balance.
Are you trying to say in that case I am technically using Monzo (not flex) as well?
No I was more wondering if it was possible to somehow pay off flex from another account now
In that case no unfortunately not, you still have to pay it from a Monzo sole account.
1 Like
I think that they will be gone soon anyway
Perhaps give them a miss then?
Why?
I have also moved my daily spend over to NatWest at the moment with 5x round ups to try get that DRS filled a bit quicker.
Do you find this more lucrative/positive than cashback credit cards?