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cahoot.com cardNewest Review: ... payment by another name. In terms of value for money, however, all these options are very competitive and easily match the standard APR offered by the nearest equivalent – Egg – which currently stands at 12.9%. In order to reduce costs, and to therefore protect customer savings, the account management process is therefore facilitated exclusively online. The application process takes place online – relatively straight forward and timely – but the credit agreement must still be sent and returned by conventional mail, so the time taken to receive your new card(s) can still be quite lengthy. One of the problems th... more |
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by sandco - written on 25.07.02 (Very useful, 860 readings)
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What attracts me most to Internet finance products is the convenience and flexibility. I want to be able to administer changes to my account and complete transactions quickly, conveniently and wherever possible, without having to contact the bank concerned. The other key attraction should be that there is an opportunity to save money – it’s cheaper for the bank, so it should be cheaper for me. The first Internet product to which I subscribed was a Cahoot credit card, several years ago. This is a summary of my thoughts and experiences over that time. WHY CAHOOT? I was attracted to Cahoot because the company was set up as an affiliate of the ...
by colr - written on 22.07.00 (Very useful, 331 readings)
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Oh good. Yet another online bank being launched. Will this one be any better? Well yes and no. Cahoot was launched a few weeks ago by Abbey National as thier 'Internet Bank'. I first discovered Cahoot from a news article about how their site had broken down due to the number of people trying to signup. Not a good start really but their offer of 0% interest on your credit card / current account overdraft for a year is just too tempting to give up on. I kept trying to access their application forms but continually received an error so I sent off an email to them and the next day (a lot quicker than Egg has ever replied to any of my ...
by chipili - written on 09.07.00 (Useful, 689 readings)
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I managed to be one of the first 25,000 to obtain a cahoot card with 0% APR until next year. The web site on day one was slow and flaky - indeed I could only get it to work under Netscape. However my application passed the hurdles - this particular student being part time and rather mature. The only charges in the early period are 1.5% on cash withdrawls. In June 2001 they appear to have a 3 tier pricing structure with a balance of fixed fees and different rates depending upon your profile. Because it is all zero at the moment it is not yet clear how these will work. The downside is that they do not yet permit balance transfers - so if you are ...



