Tesco credit card

smmz1972

I have been rejected for a Tesco credit card- I am fuming! First time I have been rejected for credit.

I have a small mortgage and a credit card that I pay off in full. I (luckily) even earn enough to qualify for their finest card! I thought my credit rating was good but not so sure now.

Any ideas why they would do such a thing?

I have asked both Equifax and Experian for a copy of my credit file so lets see what is in there....

Tr@cker

Perhaps you just haven't got ENOUGH credit history for them to say yes ironically. Ive had sh*tloads of cards but never yet been turned down because ive never defaulted and have lots of 'form'

King_Of_Fools

smmz1972 wrote:

I have a small mortgage and a credit card that I pay off in full.

That is probably your problem as RBS would probably not make any money out of you!

smmz1972

Thanks. . . I have calmed down a bit!

That is probably it. My husband has a RBS card and pays it off every month, just like me with the Barclaycard. Anyway- will have to find an alternative card to apply for as I am fed up with Barclaycard since they stopped doing nectar.

TIGs

I was turned down the first time i applied for a tesco card,
I'm the same as you always pay my credit cards off in full, i had a halifax credit card at the time but it had rather a high spending limit on it, when i phoned Tesco to find out why i had been turned down they said it might have been cos i had such a high limit on my other credit card.

I lowered my spending on my halifax credit card and reapplied for a tesco card and was given one no problem :j

smmz1972

I have a £10k limit on 1 credit card- but rarely spend over £500 a month. Do you think that could be it?
Tescos told me that I couldnt reapply for 8 months!

TIGs

Yes it could be cos mine on my halifax card was roughly that if i remember right, i think i lowered it to £2000.

I reapplied after 6 months i think.