Nationwide Soft-Search

Venusflytrap

Scarpacci wrote: »

I would think you have a very good chance, yes. I was quoted the same APR and a similar limit and so applied and everything went through fine. The application was accepted instantly and the credit agreement turned up two days later. By soft-searching your report, I think they've pretty much got all the information they need, so I think it would be unlikely for a quote like that to be later declined.

Thanks! Think what i'll do is wait for another 3+ months so my new flex account is more mature, plus more 'greens' on my latest CC, then apply.

donnap83

Do you have to bank with them to get their CC's? Always wondered if that was the case?

Scarpacci

donnap83 wrote: »

Do you have to bank with them to get their CC's? Always wondered if that was the case?

No, I don't believe you do. I applied for a credit card with them without banking with them. They do ask whether you have a NW current account on the application, presumably to see how the account is run, but it's not a requirement.

donnap83

I can't see an option for doing a soft search at Nationwide, just a full application.

Am i looking in the wrong place?!

donnap83

IS it that 'No obligation quote'?

Scarpacci

The soft-search is done by the normal application form. You fill out the forms about your details, your home, your job and other credit accounts, and then they will give you a no obligation quote. At this point, they will have searched your credit report (Experian, I think) but it will be marked as a quotation and so won't show negatively to other lenders. Once you see your quote, you can decide not to take the application further.

donnap83

Hmmmm.. Nationwide have quoted my 9.9% with a limit of £2800.

Should i complete the application, or will i get declined once a full search goes through?

Cash_Flow

donnap83 wrote: »

Hmmmm.. Nationwide have quoted my 9.9% with a limit of £2800.

Should i complete the application, or will i get declined once a full search goes through?

Only one way to find out.

donnap83

I applied, but they're sending a credit application post for my to sign...it that standard?!

Scarpacci

donnap83 wrote: »

I applied, but they're sending a credit application post for my to sign...it that standard?!

Yes, that's standard. It looks like you've been accepted! :T Sometimes if you already have an account it may be possible to "sign it" digitally, which happened when I applied for an HSBC credit card, but usually they send paperwork.

When I applied for the Nationwide card, they said the same thing and the agreement arrived a few days later. I haven't got the card just yet but everything went through fine.