This is a membership card and not a Visa or Master Card. There are no credit checks. The issuing company does not charge interest. The membership allows consumers to shop at the shopping clubs website and only at the shopping club website.
There has been a great deal of advertising from E Platinum Plus. The issuing company is E-Credit Plus. Shoppers are offered the option of purchasing by telephone or over the Internet.
Advantages of E Platinum Plus
The program that surrounds the E Platinum Plus membership card is designed for online shoppers. The membership card does not charge interest on purchases. This means that consumers can shop knowing exactly what they are going to pay for an item.
Payment rules are straight-forward. The minimum monthly payment is 15% of the outstanding balance. If the outstanding balance is £100 than the minimum monthly payment is £15. The minimum monthly payment is never below £12.50.
The issuing company requires that payments be made automatically through their Auto-Pay-program. The Auto-Pay-Program charges the minimum payment to a credit or debit card that is held on file.
The online catalog is updated regularly. This refreshes the product list so that customers can continue to shop. Customers can also, request that certain items be added to the catalog. There is no guarantee that customer suggestions will become products for sale.
There is a monthly maintenance fee that is £4.95. This is charged every month that the account is open. This makes it very important for consumers who wish to make this account inactive actually close the account to stop the monthly maintenance fee. In some cases, there is an account set up fee that varies in cost.
All products are shipped via UPS. Packages are shipped within two business days after purchase. Estimated arrival of packages is between two and four weeks. Not all packages are shipped from the online store. Some products are shipped directly from the manufacture.
The online store is well stocked. There are many products under many different department headings. The product departments range from appliances to tools with a huge selection of items in between.
The concept of how this company works is very interesting. Since this is not a credit or debit card, the company can operate outside of current banking laws. Payments are made though a credit or debit card that the consumer holds.
The company does not charge interest on outstanding balances. This benefits the consumer who can take time to pay for items without fear of accruing interest. This is an important aspect to consider.
The interest is accrued by the credit or debit card that the monthly payment is charges too. The reality is that there is interest charged; but, the fine point is that it is not charged by the E Platinum Plus card or the issuing company.
E Platinum Plus is a shopping card that allows consumers to purchase products and pay for those purchases over time. There is no credit check required. The selection of products is immense and constantly updated. There is no interest charged by the company. Minimum payments are 15 percent of the outstanding balance or £12.50 whichever is more.
There are many benefits that come with using the E Platinum Plus Card. This is a shopping program that allows online shoppers the opportunities to shop now and pay later. Customer service is available Monday – Friday and complaint or exchanges are taken seriously. Overall the program has more benefits then it has issues. The only complaint is the sometimes account set up fee.