We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

tesco balance transfer card rejected me???

Hi,
I applied for a Tesco balance transfer card this morning only to be turned down!!!! I have no idea why as I haven't missed a payment with other cards! the email they sent recommended that i wait 6 months.

i really don't know what to do now? the current credit card offer is due to expire any day now and i will have to pay interest :(

can anyone offer any advice

cheers

Comments

  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    pixiedevil wrote: »
    can anyone offer any advice
    Option 1: Find out why they rejected you. Ask them, and also order your credit reports to check the information is correct.


    Option 2: Apply somewhere else.


    Unless you post up your full financial circumstances nobody here will be able to help further, ie whether you should go with option 1 or 2.
  • The_Boss
    The_Boss Posts: 5,877 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    ...and when you review your credit files, please please don't quote what your "credit score" is as that will also not help anyone at all as credit scores don't exist
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    pixiedevil wrote: »
    Hi,
    I have no idea why as I haven't missed a payment with other cards!

    This may well have a bearing on your application.
  • planteria
    planteria Posts: 5,322 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    yes, it may depend upon what other cards you have

    i currently have a TescoBank Credit Card but i wouldnt worry too much about not being able to have one....hopefully you can obtain a card elsewhere that you can move your balance to.

    what cards to do you have at the moment?

    i use noddle.co.uk to check that all is in order on my credit file. perhaps worth doing that, rather than paying Experian, for example
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.2K Banking & Borrowing
  • 254.3K Reduce Debt & Boost Income
  • 455.3K Spending & Discounts
  • 247.2K Work, Benefits & Business
  • 603.8K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.