Nationwide soft quote check.......

Harman83

Hi all,Just looking at the nationwide credit card offering. 0 percent balance transfer deal. Can aNyone tell me more about the online soft quote they offer......is this a real indication of acceptance and does it leave or damage my credit history........as I'm sure many of you are I don't want to make lots of applications. Do any other credit card companies offer this soft quote service.....?


Also does anyone know if this is a good card to go for.......I'm looking for a card with a high chance of acceptance in general.


Thank you

Gromitt

The Nationwide soft-quote will not appear on your credit report, but if you decide to apply for the card, you may or may not be accepted and this WILL leave a mark on your credit report.

The soft-quote is only a general indication, not a guaranteed acceptance. Barclays also offer a similar service (and have been known to decline you after sending out the card and PIN)

stclair

The last time I did a Nationwide credit card pre application check it appeared as a quotation search on my experian credit report. However it will not effect your credit rating at all.

Harman83

Hi guys I just done a quick soft search on nationwide soft quote and it came up with a card offer of 0 percent transfer on balances with an apr of 15.9 percent apr after the introductory period. What's my chances......I cancelled it and perhaps will call them?

BugsyBrowne

Harman83 wrote: »

Hi guys I just done a quick soft search on nationwide soft quote and it came up with a card offer of 0 percent transfer on balances with an apr of 15.9 percent apr after the introductory period. What's my chances......I cancelled it and perhaps will call them?

Not exactly a lot of help without knowing the credit limit.

Also all quotes are 0% and everyone gets a quote wether they've got the best credit history or the worst credit history but the credit limit quoted is normally a good indication.

rb10

Harman83 wrote: »

Hi guys I just done a quick soft search on nationwide soft quote and it came up with a card offer of 0 percent transfer on balances with an apr of 15.9 percent apr after the introductory period. What's my chances......I cancelled it and perhaps will call them?

From anecdotal evidence on here, most declines show up in the soft quote with an APR of 19.9% and a credit limit of £500 ... so it looks promising.

By no means guaranteed though - it's only indicative.

Harman83

Sorry the credit limit is 5500 maximum ........ Any ideas?

BugsyBrowne

Harman83 wrote: »

Sorry the credit limit is 5500 maximum ........ Any ideas?

Well I was excepted Friday at 4.8k and 15.9% so think you'll be fine IMO.

Harman83

Bugsy, was your quote exactly the same as the final offer and did thye change the terms or apr at all from the original quote.......sorry for so many questions....?

Gromitt

Harman83 wrote: »

Sorry the credit limit is 5500 maximum ........ Any ideas?

If your being offered £5500, then I wouldn't worry about it and go for it.

Once you start the 'real' application, it WILL show up on your credit report, but chances are good that you'll get it.

Sheriffsam

am i right in thinking that anything over about £2500 as a limit is pretty good?