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RBS Credit Card - Invalid Agreement?

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First of all, my apologies if this has been posted previously, but I can't find anything quite like this!

 

I opened a student account with the Royal Bank of Scotland in March 2010 and I was 'lightly nudged' into taking a credit card, too. I didn't want a credit card but during the conversation, I mentioned that I was going abroad for a month and the girl managed to scare me into it (as pathetic as that sounds). The credit card didn't come before I went away, which wasn't a problem. When I got back, I had two letters from RBS. Letter #1 said that the credit card agreement I had signed was now outdated and, before I could receive my card, they needed me to sign and return the enclosed agreement. Letter #2 was my shiny new credit card.

 

Now, I've since realised why I didn't want a credit card. I succeeded in maxing it (it's stupid, I know) and RBS have hit me with fines time-after-time. Actually, since March, RBS have charged me over £150!

 

I recently came into some extra cash and decided that I'd use it to pay off my credit card. However... I got thinking about their letter! They told me that the agreement I signed was outdated and still sent me a credit card anyway! Does anyone think I have some sort of recourse here? Does 'outdated' really mean 'invalid'? I'm not familiar with this area and I don't feel terribly confident approaching the bank. I mean - is my using the credit card and having signed a previous agreement demonstration, enough, of intent to contract with the bank? Also, I actually have an overdraft with the bank (and one I couldn't afford to pay off right now) - if I were to appeal on the credit card, would they be likely to demand that I repay my overdraft?

 

 

Thanks a lot and, again, my apologies if this has been posted and discussed before!

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outdated does not necessarily mean invalid.

 

So without seeing the agreement we can't really comment and with it being only months old i doubt very much if it was not kosher


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Thanks Ida. That is pretty much what I thought, though I thought getting a second opinion was worthwhile. Thanks a lot :)

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dont forget to reclaim those charges though! + int at their cash advance rate.

 

dx


please don't hit Quote...just type we know what we said earlier..

 

if everyone stopped blindly paying DCA's tomorrow

the biggest financial industry in the UK, DCA;s would collapse overnight.

 

 

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I was under the impression that charges imposed as of this year were 'fair', as they've mostly been reduced to £12.00? Hmm! Some further research is required on my part, I think...

 

Thanks a lot! :)

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no

the figure was only a 'guideline' at what the OFT thought was a 'fair' price.

 

the co's still have not 'actually' detailed their charges so its all still reclaimable.

 

dx


please don't hit Quote...just type we know what we said earlier..

 

if everyone stopped blindly paying DCA's tomorrow

the biggest financial industry in the UK, DCA;s would collapse overnight.

 

 

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