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Rejection of credit card offer

Just applied and got offer for Tesco Credit card- but I rejected it because credit limit was too low. How does me rejecting the card affect my credit score? Is it wise to apply to another company straight away?

Comments

  • planteria
    planteria Posts: 5,322 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    i don't think it will have any real detrimental affect. but the search will be showing.

    i like your style. i'd be interested to know what the limit was..

    i found them tight too, they gave me 3k last year...i took it, but wasnt very happy. will pay off in June, and probably close.
  • matttye
    matttye Posts: 4,828 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Debt-free and Proud!
    None whatsoever.

    Lenders only get to see credit searches - not whether or not you were declined. That said, they could put 2+2 together and get 5 by seeing that you have applied for a product but have no new credit account, thus assuming a rejection.

    I don't think it will make any difference.
    What will your verse be?

    R.I.P Robin Williams.
  • Limit was 2k!
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    GINGIN wrote: »
    Limit was 2k!

    Responsible lending policy. :eek:
  • The_Boss
    The_Boss Posts: 5,873 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    You don't have a credit score - therefore zero effect on something that doesn't exist.
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