Most providers now want to link credit cards to an app on your phone to enable two factor authentication and cut down on fraud.This seems to be a way by the Ulster Bank to force people to have online banking with their current account.
Most providers now want to link credit cards to an app on your phone to enable two factor authentication and cut down on fraud.This seems to be a way by the Ulster Bank to force people to have online banking with their current account.
I dont have a current account with UB and use the app for managing the credit card. Saying that I got the same letter and they suggested that this might be a good time to move to another provider as they are leaving the market. I did that and signed up with Avant money. Very straight forward application process and card is on its way to me. They also have a cashback of max 12 euro a month which is good for me as I use my credit card for all spending and clear it each month.I have a joint current account with the Ulster Bank. I also have a credit card with the Ulster Bank. The credit card account has my wife as the principal account holder and I also have a secondary card linked to the account.
We have both received a letter, stating that under new rules, there cannot be a second card linked to this account. The second card has to be scrapped before mid January next. I will no longer have a credit card as a result.
We do not use online banking. We have a current account with cheque book, and debit cards. We can manage fine with these.
My wife has been told that she needs to download an app so she can be contacted if she makes an online purchase. A new security feature.
She does not want to download any app because it will be linked to our current account.
I always understood that a person's credit card account had nothing to do with a person's current account.
Has anyone out there got an Ulster Bank credit card without a current account and how will you cope with the new rules?
It is very hard to rent a car without a credit card.Is there a need for my credit card now that Ulster bank changes will disrupt how we use them?
When is the revenue €30 charge applied to accounts? If I just closed my account before the charge is applied would that be simpler?You can ask for a letter after closing the credit card and paying the charge.
That would mean you effectively having two active credit cards, and your application will have a very different risk profile.How long does it take to get a new credit card issued? I want to apply for a new AIB card but I want to keep my old Ulster Bank card until the AIB one is issued to me. I am concerned that if I do it this way I will have to pay the 2 x €30 charges.
Stamp Duty on Credit Cards is charged on the 1st April. It is paid in arrears so if you close if before then, you will have to pay the €30. AIB will not look for the €30 until the following 1st April. But you send them the letter that Ulster Bank supply you when you close that account, stating that you paid Stamp Duty, they won't charge.How long does it take to get a new credit card issued? I want to apply for a new AIB card but I want to keep my old Ulster Bank card until the AIB one is issued to me. I am concerned that if I do it this way I will have to pay the 2 x €30 charges.
If I close my Ulster bank account and get a letter from them to state that I have paid the charge and only then apply for a new AIB card, I might have to wait for a few weeks for the new card to be issued. Don't need that.
This is something I hadn't thought of!I have an Ulster Bank credit card. I want to book some Ryanair flights and pay with my credit card. Fast forward 6 months down the road and Ryanair cancels my flights because of Covid. Ryanair always make their refunds the same way as they receive payment.
At this stage my Ulster Bank credit card is no longer in use and I have a new AIB credit card. Will Ryanair try and refund my old Ulster Bank credit card or will they refund new card?
I think you just update your payment details on MyRyanir. Believe that is what I did to get the voucher refund earlier this year for a flight booked with a different card pre covid.I have an Ulster Bank credit card. I want to book some Ryanair flights and pay with my credit card. Fast forward 6 months down the road and Ryanair cancels my flights because of Covid. Ryanair always make their refunds the same way as they receive payment.
At this stage my Ulster Bank credit card is no longer in use and I have a new AIB credit card. Will Ryanair try and refund my old Ulster Bank credit card or will they refund new card?
This is one of the reasons I'll never fly Ryanair again -- great as long as everything works according to plan, but good luck getting anything back if there's the slightest glitch. Our flight with Aer Lingus, which had already had to be postponed just pre-Covid due to an emergency medical issue with one of the passengers, was then cancelled because of Covid, yet we got a straight-up voucher valid for 5 years emailed to us, to use on any flight, any time, as long as it's the same passengers.Will Ryanair try and refund my old Ulster Bank credit card or will they refund new card?
Good question, I'm just about to apply so I'll keep you posted. The Avant website tells me I should qualify for a limit about 2.5 times what I already have with UB MC, so I don't think there will be a problem.For those switching credit cards to Avant, are they allowing you keep your credit limit or do you have to do the whole process as if you had no card?
How does that cash back work ? Is it same as taking money from the atm?I'm also shopping around for a credit card, in advance of KBC exiting (they may sell their credit card book but I'd prefer to control this myself, and not be without a card in case they just close our accounts and every other supplier is inundated).
Avant seem ok. Their cashback excludes some merchant categories allowed by KBC (e.g. utility payments).
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Also, Avant's foreign exchange fee seems high at 2.65% - although they are at least using the reference Mastercard currency exchange rates.
I did the Avant Money thing, got the card within a week, all online, couldn't have been easier. No prejudiced assumption that I was a criminal, didn't need to "present myself" to "the man" for ritual humiliation -- just used modern means of authentication and verification. Oh, and the credit limit I was given is 2.5 times the amount I was allowed by UB.You basically have to go through the credit review process as if you had none.