@barclaycard Credit Card changes (Barclaycard) - may not give advance notice of a change in credit limit. from nov 2012

[Ivanbb]

Barclaycard are changing the rules on 22 Nov.

 

Barclaycard (Condition 1.3) may not give advance notice of a change in credit limit.

 

Thats pretty scary!.

 

I have one card used only for holidays.

 

If they make changes without telling me I could easily find myself on holiday with an invalid credit card.

 

I'm not one to beleive statements such as " Oh that will not happen to you Mr xxx."

 

I've seen people arguing with hotel managers before and It's not pleasent being caught abroad without sufficient funds.

 

Is it legal for Barclaycard to change the agreed credit limit on your card without notice??

[slick132]

Hi Ivan,

 

I guess the legality of this would only be tested in court.

 

However, I suspect the real question should be - "Is this FAIR to customers ?" If not, then COBs should be used - http://www.consumeractiongroup.co.uk/forum/content.php?834-Fair-Treatment-for-Credit-Card-Holders-and-Borrowers

 

[Ivanbb]

I'm sure you're right. But who want's to go to court over something that hasn't yet happened? Isn't there a professional body who looks into unreasonable contract rules? Surely it's better to prevent unreasonable rules in the first place? It's a hard place for an individual to be in after the event.