We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Credit Card Approval...
Caz3000
Posts: 2 Newbie
in Credit cards
Hi All,
Please forgive me if I'm being a bit thick! This is my first post to this site. I recently opened a new bank account and was told from bank (Natwest) after applying for a credit card, that I have been approved. I have today recived an agreement for me to sign and return - which I have done.
I notice on the covering letter, that is says: 'Your application will be processed and subject to checks, you will receive your new Natwest Credit Card and welcome pack in the next 10 days'
Since I originally applied for the card I have gone over my overdraft. Does anyone know what these 'checks' are (I thought they would have done all the credit scoring already)? And will the fact that I have gone over my o/d affect me receiving card?
I appreciate that I could be worrying over nothing, but I've never had a Credit Card before and don't want anything to go wrong!
Thanks for any help or advice you are able to give
Please forgive me if I'm being a bit thick! This is my first post to this site. I recently opened a new bank account and was told from bank (Natwest) after applying for a credit card, that I have been approved. I have today recived an agreement for me to sign and return - which I have done.
I notice on the covering letter, that is says: 'Your application will be processed and subject to checks, you will receive your new Natwest Credit Card and welcome pack in the next 10 days'
Since I originally applied for the card I have gone over my overdraft. Does anyone know what these 'checks' are (I thought they would have done all the credit scoring already)? And will the fact that I have gone over my o/d affect me receiving card?
I appreciate that I could be worrying over nothing, but I've never had a Credit Card before and don't want anything to go wrong!
Thanks for any help or advice you are able to give
0
Comments
-
Yes it could affect you. I presume you have bought your account back within your od limit? Bank behavaioural scores do account for something so showing them you cannot stay within agreed limits surely isn't in your best intrests. Good luck anyhow. Let us know how you get on.Got Halifax Classic to reduce my interest rate by 5% woohoo - 10/06/08 Thanks MSE!
Another 3% shaved off 10/12/08
ANOTHER 4 % June 09:beer:0 -
can we let this duplicate thread die or can a mod remove it please.
Thanks
Bank Accounts - Barlcays Premier[/B] - £1000 o/d, HSBC - £200 o/d- First Direct - £500
Credit Cards - Barclaycard £2000 - Silver Card £1300 - Flybe £7500 - HSBC £1000 - First Direct £2500 First Direct Gold £3000
6 credit accounts closed in 2010!
Official SOS Club number 001 - Dry until 01.07.100
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.2K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.2K Work, Benefits & Business
- 600.9K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards