The Sub Prime Credit Thread - Part IV

seeya23

ElkyElky wrote: »

Uh oh

Just tried checking my BOS credit card on the online banking and got the message:

Access restricted

Important information:
We should like to discuss your account with you and would be grateful if you could contact us at your earliest convenience. Please call 0845 729 3949 and be ready to give your card account details. h2x cardholders, please call 0845 850 0429. Please be aware that authorisations on your account may be declined.

sorry to hear that have you call them yet

never-in-doubt

duggie1982 wrote: »

So NID since im with RBS for a few years is it best to go to the branch for an 'account review' and not have a credit search done but told what i could possibly have??

Thats with HSBC mate - not RBS

seeya23

rbs/natwest do not do account reviews you have to open a new account and have a credit search

cifpower

seeya23 wrote: »

rbs/natwest do not do account reviews you have to open a new account and have a credit search

So when people come on here and say they have been told they are "eligible" for the fabled Advantage Gold account and all they have is a Step account you still have to have a credit search? It's a bloody swizz.

seeya23

So when people come on here and say they have been told they are "eligible" for the fabled Advantage Gold account and all they have is a Step account you still have to have a credit search?yes you do It's a bloody swizz

yes you do i was with natwest for 6 years and was never eligible they allways try and open a new account and was told a big no

never-in-doubt

RBS do have a 'offers' section that staff can see pre-approved offers on (confirmed by stclair) but the difference is they will credit search you - i.e. pre approved offers subject to a credit check.

However with HSBC, if you have an account review they do one credit search and then offer you whatever you're eligible for - so say it showed me as eligible for a CC with £5k limit, a £7k loan and a £1000 o/d I could get them all after the credit search. However, if the credit search came back worse than the last CAIS data share whereby they allocated the pre-approved limits, they could be changed to say a CC of £2k limit and no loan. Similarly, if your credit search was better, the loan and CC limits may come back higher.

On my account review it showed a loan of £11k and o/d of £1500 and CC with £9k. After search loan went to £7k and CC went to £2500 and o/d went to £700.....

Following me...? lol

never-in-doubt

seeya23 wrote: »

yes you do i was with natwest for 6 years and was never eligible they allways try and open a new account and was told a big no

Natwest were the ones that used to write out saying 'congratulations - we've upgraded you to a full bank account' and then in the small print it would say *subject to a satisfactory credit search. The customer would have to go into branch and the adviser would run a full account application including a credit search without the customers authority! Nice marketing methods Natwest, nice....!

It was all a con and made people get searched unnecessarily....

ElkyElky

They said my recent statement was returned to BOS and marked as 'Unknown Address' so they wanted me to confirm my address and they had my correct address on their computer so god knows what happened.

hax_2

When Lloyds TSB told me (in the branch) I was eligible for an upgrade from Cash a/c to Classic a/c, then said I would get a "full" debit/cash card (i.e. non-Lloyds TSB cash machines as well) and a chequebook. I got the a/c and the new cash card, but they said "computer said you can't have a chequebook." Luckily they said they don't do a credit search and they didn't.

TheEffect

I went into Barclays after work to ask for a cheque book, and left with the personal bankers brothers CV to hand into the school I work at.

Was quite amusing.