RBS Credit Card - Invalid Agreement?

[leblueboy]

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 Letter #1 said that the credit card agreement I had signed was now outdated and, before I could receive my card, they needed me to sign and return the enclosed agreement.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 They told me that the agreement I signed was outdated and still sent me a credit card anyway!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 Does 'outdated' really mean 'invalid'?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!

[IdaInFife]

outdated does not necessarily mean invalid.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

[leblueboy]

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

[dx100uk]

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

 

dx

[leblueboy]

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!

[dx100uk]

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