Applying for credit card - why do they want your account details

HannahAB

Hello

I am looking at getting as Asda credit card but in order to apply for one they want my bank account details. is this normal? I am always reluctant to give out my bank details especially when it is an online application

BugsyBrowne

HannahAB wrote: »

Hello

I am looking at getting as Asda credit card but in order to apply for one they want my bank account details. is this normal? I am always reluctant to give out my bank details especially when it is an online application

They need to identify you.

aimzrabbit

for direct debit as well

HannahAB

Thanks for your reply. They have various other pieces of information to identify you though...

Cell

aimzrabbit wrote: »

for direct debit as well

This, assuming they require a DD in place, as not all cards do.

reclusive46

HannahAB wrote: »

Thanks for your reply. They have various other pieces of information to identify you though...

Its one of the ways they do it.

BugsyBrowne

HannahAB wrote: »

Thanks for your reply. They have various other pieces of information to identify you though...

Have you applied for a credit card before?

leicsmarkyr

It might be harsh, but if you not happy to provide the details do not apply. Simple!

Card issuers ask for information because they need it for various things, some are mandatory and some are optional. Unfortunately a [potential] can't change that

Tixy

Its usually to set up a direct debit - is this a phone application or online? you could ring them and ask them why they need them.

HannahAB

Yes i have an asda credit card currently but they are closing this one down as they are changing the bank that they use for their credit cards

RichL74

Gone are the days of keeping ones cash in a mattress and most people have some sort of bank account these days.

It is a way of proving who you are and that you can handle something as simple as a current account and set up payments.

If you are worried about applying online for a bank or building society's credit card then I suggest you don't bother and keep your money in a sock under the bed!!

If you don't trust your own internet connection then go into a branch personally, but again be careful out there.