Opening more than 1 BOS Vantage

beefturnmail

I recently opened a BOS Vantage account, and then tried to open a second online. However when I did this it would only offer me a basic account which I presume is not 3% interest. I thought it was possible to open up to 3 Vantage accounts? Anyone else had problems?

enthusiasticsaver

Yep, I could only get one Vantage and my second application resulted in me being offered just the classic one too. A few people have had the same problem. I have left it for now as I opened four current accounts close together and wonder if that was the problem.

beefturnmail

yeah, I've done a spate too recently, so maybe that is it. Still have 5/5 on noddle though

Doctor_Duke

Ignore the 5/5 Noddle score doesn't mean much to lenders but lots of credit searches will. Noddle don't consider searches in their score if you read thier blurb! Also, Experian seem to report searches to lenders when they search, negatively, I've suffered a temporary hit due to too many searches!

beefturnmail

Thanks - how long did the 'temporary hit' last for - i.e. how long do you reckon it's worth leaving it before applying again?

bigadaj

Ive got three with bos, first opened fine online but second was rejected. My second and third were both opened by phone, straightforward if a bit long winded, but this is a fairly common experience.

Some people may have opened all three online, or certainly a second one, some people aren't offered more than one even if they ring them up but it's worth calling to see.

System

Vantage is an add-on to their Classic account.
Can't you just go in and add Vantage once open...

beefturnmail

No I couldn't get a Classic account, only a 'basic' account

Doctor_Duke

beefturnmail wrote: »

Thanks - how long did the 'temporary hit' last for - i.e. how long do you reckon it's worth leaving it before applying again?

Experian say 6 months seems to be when searches have less of an impact, at least 3 months with no hard searches is probably the minimum. Searches have little or no affect after 12 months.

bigadaj

beefturnmail wrote: »

No I couldn't get a Classic account, only a 'basic' account

Ring them up and apply, myself and several others on here have had online refusal but additional accounts opened by phone.

My recollection is that they could only get this done during the working week, as the weekend staff didn't have the authorisation to progress it, so you need to do it between 9 and 5, Monday to Friday, and allow about twenty minutes for each one.