First Direct credit card

brookerbabyisababy

In Internet banking when I click on apply for products I am told I am pre-approved for a £2500 limit based on internal information. Obviously this is not definite however I just wanted other people opinion on this.

msaquib

This is a definite offer. All limits appearing on FD Internet Banking are alreadr approved and waiting for you to agree to it. I have been with FD for the 10 years and never been declined for credit when applied online for the pre-approved offer.

MS

lopbri

You have been approved, they have used your history with them, you'll find the same if you want a loan

YorkshireBoy

The message (denoted by an 'i' symbol) says subject to status and completion of the form.

If you're concerned about a credit search you could ring and ask?

I have an offer for the Gold card (with a fairly reasonable credit limit), but won't be taking them up on it because...

a) I don't need a 5.9% for 60 months BT, and

b) To get the 0% for 12 months on purchases you must make a (min) £100 BT, and incur a few days interest plus a £2.50 BT fee...and I already have 9 months remaining on a 0% on purchases card.

lynxptc

Where on the internet banking does it show you the pre-approved offers?

YorkshireBoy

lynxptc wrote: »

Where on the internet banking does it show you the pre-approved offers?

Log in, and at the bottom of your 'my accounts' screen do you see 'just for you'?

Do you see 'credit cards - find out more'?

Clicking the link brings up the message...

From the information we hold, we have a first direct gold card with a limit of £xxxxx waiting for your application.

brookerbabyisababy

Do First Direct ever reject customers who already hold existing products with them?

brookerbabyisababy

Just called them now. The advisor informed me that after the sale ends on 31st july, they intend to launch some new products e.g. rewards cards and new savings products. I read something about this rewards card on the boards before.

Anyway, does anyone know if First Direct reject customers who already hold existing products with them?

brookerbabyisababy

No replies from anyone. Anyone?

CopperPlate_2

I think the key phrase is "waiting for your application" - you still have to apply for the card. I think they then check/score you and then give the final approval. No idea if they reject current customers or not, but I'd say it would always be a possibility.

tictax

YorkshireBoy wrote: »

The message (denoted by an 'i' symbol) says subject to status and completion of the form.

I think the key is subject to status. The preliminary internal information that they have on you indicates that you have a higher likelihood of being accepted but this is not a guarantee once a full credit search is carried out as new adverse credit information may come to light then which will mean that the application will be declined.

It may also be that you pass a preliminary credit scoring method but you may not pass the full one.