El banco Santandero

jonnythurston

Hey all.

I am wanting to get a santader zero card for some foreign spending. I now have a nationwide cc, which i got only a few months ago.
I have a santder current account which i though would help me get a cc in the future.

My question is how much does having a full time job affect your credit file?

I am employed full time until April this year, but will need this CC at the latest in November time. Will I be able to get one without a f/t job? Or should I apply in april whilst I am working. I am worried because i have applied for a CC, and 2 bank accounts within the last 6 months, so obviously that is on my credit file and I thought I would be better if i can wait a few more months.

On a side note santander gave me an (unwanted) £250 overdraft on the current account. Is it better if I remove this, and have less overall credit available to me, or keep it as it shows santander i can handle their credit?

I am a novice with all of this so any help is greatly appreciated.

CannyJock

Apply while you're still in employment. £250 overdraft shouldn't make much difference one way or another.

calibrax

Employment / salary etc is not a part of your credit file at all. This is additional info which you enter on the application form - there is no check for this other than calling your employer, and they need permission from you to do this. Check the T&C on the application form. I've never known finance companies to check with employers though, except for mortgage applications.

CannyJock

calibrax wrote: »

Employment / salary etc is not a part of your credit file at all. This is additional info which you enter on the application form - there is no check for this other than calling your employer, and they need permission from you to do this. Check the T&C on the application form. I've never known finance companies to check with employers though, except for mortgage applications.

And putting false information on an application form is fraudulent.

Card companies can and do ask for proof of income. Last time I was asked for it was my Tesco 0% purchase.

jonnythurston

I know your income doens't show on your credit file, however I wasn't sure whether I would be accepted for a CC unless I have a regular monthly income? Especially with a bank like Santander?

izools

If you don't have a regular monthly income and you state this on your application you stand a lower chance of acceptance, or more accurately you stand a lower chance of being accepted with a good APR and Credit Limit.

If they feel your part time sporadic income is enough to support a meagre credit facility they will offer just that, likely with a higher APR than advertised to offset the risk.

Bottom line, yes you stand a better chance of acceptance if you're in full time employment. Creditors look for stability.

I've never been asked for proof of income for any credit card I've ever had - and I've had... Capital One Classic, Barclaycard Initial, Natwest Classic, MBNA Classic, Halifax One, HFC Platinum, 2x RBS Classics, then Capital One Classic again, (then bankrupt LOL), then Vanquis, then Aquacard, and then Barclaycard Initial again.

Never provided any ID or proof of income to any one of them