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Mastercard / Diners / Paypal balances / Paypal credit only. So not big news really!
Do paypal allow non-uk/eu cards to be added? If yes, thats a good thing as Curve has some limits.
I’ve read through this entire thread since receiving the official email. Firstly, thanks for making me smile with all the “secret email” words and phrases.
OK, I’m Curve X, and have never used fronted. Actually tempted to upgrade to Black as it will only be an extra £4 per month; if I did £1k on Curve X that would cost me £15.The low limit of £1k suggests paying part of a monthly credit card bill is the best way to benefit; my 3 main to play with would be Barclaycard Avios Plus and Sainsburys, and Amex BA Premium Plus I think. Apologies if I am asking a dangerous question, but has anyone got confirmation if using either of the non-amex cards to pay via fronted incurs any fees ?
Thanks in advance.
Ya can’t add amex cards as payment methods to curve, and the sainsburys card earns naf all per £ spent – so the other option you mention is your best one.
The Curve II that people have been hearing about is Paypal, so you are going to be able to add Paypal to your wallet. I presume that if you have Amex cards in your Paypal account then you can pay with them….at least for now.
Curve 2.0 is nothing but a tile layout UX hidden with a price increase
Finally just received the email…twice!
Seem to have lost visibility of my limits with Curve 2.0 tile layout! 🤦♂️
£59.99 charge during 14 day cooling off period – did I read that right?
If I did: I thought that the whole point of a cooling off period was that you were able to leave without penalty (maybe I thought wrong?)
If I didn’t: apologies for any alarm caused!Companies are allowed to deduct reasonable costs for cancellation during a 14 day cooling off period. Whether £59.99 is ‘reasonable’ to cover the cost of “making it and posting it” is questionable.
Anyone know if it’s possible – having paid monthly for Curve Metal up to now – to now pay the ANNUAL fee as a lump sum (at the old rate) for the next year? If so, how do you do it?
Apologies if this is in the thread somewhere, I’ve read much of it but not all!
Do paypal allow non-uk/eu cards to be added? If yes, thats a good thing as Curve has some limits.
That is a potential use case assuming it is a Mastercard
Anyone know if it’s possible – having paid monthly for Curve Metal up to now – to now pay the ANNUAL fee as a lump sum (at the old rate) for the next year? If so, how do you do it?
Apologies if this is in the thread somewhere, I’ve read much of it but not all!
You’d have to do it via curve chat I believe.
As a Curve metal holder I am currently allowed £10,000 of fronted transactions plus £200 UK cash withdrawals. It appears this will become £3,000 of fronted transactions plus €1,000 of cash withdrawals (note the limit is in € not £). Are they really encouraging me to withdraw the sterling equivalent of €1,000 each 30 days? I will of course be using most of the cash to settle my credit cards (through a different bank of course)
I’m not sure how well that would go down with the underlying cards, but we’ll see if anyone tries it and reports back!
I’m not sure how well that would go down with the underlying cards, but we’ll see if anyone tries it and reports back!
In my experience, unlikely to be a problem with the underlying cards if you go heavy on cash withdrawals for a while. Curve eventually contacted me, I had a plausible and truthful reason for needing to pile up some cash, and nothing was stopped.
As a Curve metal holder I am currently allowed £10,000 of fronted transactions plus £200 UK cash withdrawals. It appears this will become £3,000 of fronted transactions plus €1,000 of cash withdrawals (note the limit is in € not £). Are they really encouraging me to withdraw the sterling equivalent of €1,000 each 30 days? I will of course be using most of the cash to settle my credit cards (through a different bank of course)
An issue may be when the bank you are paying all that cash into wants to know where it’s coming from from a money laundering point of view. Or HMRC decides you might be trying to hide an income source not declared.
As a Curve metal holder I am currently allowed £10,000 of fronted transactions plus £200 UK cash withdrawals. It appears this will become £3,000 of fronted transactions plus €1,000 of cash withdrawals (note the limit is in € not £). Are they really encouraging me to withdraw the sterling equivalent of €1,000 each 30 days? I will of course be using most of the cash to settle my credit cards (through a different bank of course)
On the T&Cs I have, it is £ not € but as others have highlighted, not only will your underlying card provider probably be quite unhappy, but it will create other red flags. It seems a surprisingly provocative decision by Curve that has generally been trying to co-exist more with traditional credit card companies.
As a Curve metal holder I am currently allowed £10,000 of fronted transactions plus £200 UK cash withdrawals. It appears this will become £3,000 of fronted transactions plus €1,000 of cash withdrawals (note the limit is in € not £). Are they really encouraging me to withdraw the sterling equivalent of €1,000 each 30 days? I will of course be using most of the cash to settle my credit cards (through a different bank of course)
On the T&Cs I have, it is £ not € but as others have highlighted, not only will your underlying card provider probably be quite unhappy, but it will create other red flags. It seems a surprisingly provocative decision by Curve that has generally been trying to co-exist more with traditional credit card companies.
Whats the point of a cash withdrawal limit of €1000 as most cc charge an advance fee even with fronted on
@Carlos – you must think people are a bit daft! Some credit cards don’t charge a fee for ATM withdrawals via Curve but this may wake them up. This quintupling of the limit seems so extreme that one might almost think it’s a lure to draw out undesirable customers.
I was originally a Black Legacy customer. I did then receive the Curve Investor* Card but never activated it. Then earlier this year my Black Legacy card expired and Curve sent me a new Investor Card instead of a Legacy Card replacement. I had quite a lot going on at the time, so couldn’t be bothered to query the point.
What I’m unclear on now is whether I’ll be moving to the new Curve Standard or Legacy Black limits.
If someone here knows, I’d be grateful for their guidance… it will save me the likely disappointment of having to engage Curve CS.
TIA
* I never expected much of a return, I was just curious to see how Crowd Cube worked.
Pretty sure you would have remained on the legacy black plan even if you had started using the investor card
Will Legacy Black holders move to the same Curve Fronted entitlement as fee paying Black (£1000 fee free per month) or the same fee as the Standard (free) card with a charge of 2.5% of all transactions?
The reason for my confusion is that I’m not clear if fronted counts as a ‘new feature’ as per this link https://www.curve.com/en-gb/terms-black-legacy/ (which suggests charges in line with standard card) or not.
It’s a material improvement for legacy card holders if we now have a £1000 fee free allowance every 30 days at this stage of the tax year, hence my scepticism!
As far as I’m aware, we will remain on the same fronted terms as Standard, but looks like the unlimited FX, GBIT and cash machine withdrawals will all continue without change…which is perfectly fine with me.
As per @JDB, I’m definitely suspicious about the dangling of the enhanced cash withdrawal and will be sticking to the previous £200 pm limit. Why not just leave the fronted limit a bit higher?
To benefit from curve metal, they way I see it you need to pay fees on at least 2 cards – potentially 3 if you are paying off Amex and if it not a fee free card.
1) Curve Metal Annual fees
2) fees on Virgin or Barclays and such card which has monthly / annual fees.Unless you are very select few and could double dip with MBNA horizon / Creation cards or similar cards which may not be available to new holders.
Will wait and see next year whether it makes any sense or not, once you cannot use with Curve to pay HMRC for personal / Business taxes due!
@roger – Curve Metal is a bit more than just ‘fronted’ which even at the reduced rate of £36k p.a. is a useful points earner for HMRC and other places that don’t accept credit cards. The increase to unlimited (subject to fair use) on FX spend is very good news and although they still have a weekend surcharge, that’s easy enough to finesse and in my experience they never use the max of their “up to” fee and now at 1% seems perfectly fair to avoid faff.
They also give you car hire insurance, travel insurance and phone/gadget cover and since they have just paid me £450 for a smashed iPad screen, they are in good odour with me. Another unexpected and unexplained benefit of Curve that I experienced in Feb/Mar and continues is with the special credit card FX rate in Argentina. While transactions are initially billed at the Mastercard rate, a refund follows a few days later to reflect the transaction at the ‘MEP’ rate which is published but not necessarily the rate at which transactions are executed, so card providers have a lot of scope and they do offer very variable rates. Curve not only offers a significantly better rate than HSBC WE or Amex but it does also refund any initial FX fees that may have been charged on a pro-rata basis which some people have reported not all cards eg Barclaycard do.
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