Applying online or in store?

-Enna

I'm looking to apply for my first credit card - I've done a lot of research around the different cards which included reading the different terms and conditions. I've finally made a decision, but what I wanted to ask was 1) whether I should apply online or go into the bank? And 2) pros and cons of either?

Any advice will be appreciated. Thank you in advance.

Dobbibill

either - it will make no difference to the outcome.

If you do it online - you submit the details on the computer.

If you do it in branch - a member of staff will submit the details on the computer.

It really all comes down to whether or not you can be electronically ID&V'd online, if not you have to make a trip to branch with ID anyway.

TheShape

-Enna wrote: »

I'm looking to apply for my first credit card - I've done a lot of research around the different cards which included reading the different terms and conditions.

This post can't be for real!

dieselv2

You mean you don't sit for 12 straight hours reading them? haha

Candyapple

If it's your first credit card you should be applying for a subprime card such as Capital One, Aqua etc. to build up your credit history first and then 12 months down the line try and apply for a mainstream card with your bank - otherwise you are likely to be declined by your bank and have wasted a search as you will have no credit history.

PeacefulWaters

Candyapple wrote: »

If it's your first credit card you should be applying for a subprime card such as Capital One, Aqua etc. to build up your credit history first and then 12 months down the line try and apply for a mainstream card with your bank - otherwise you are likely to be declined by your bank and have wasted a search as you will have no credit history.

That's a massively sweeping statement.

Candyapple

PeacefulWaters wrote: »

That's a massively sweeping statement.

Is it really PW? The amount of threads on here where people have mentioned about applying for cards and being declined and after further divulging of information, turns out they've never held any credit cards before and have gone straight in to apply for mainstream cards/0% cards.

Having no credit history is just as bad as having a poor credit history because lenders have no information/data to show whether you can be trusted with credit.

PeacefulWaters

Candyapple wrote: »

Is it really PW? The amount of threads on here where people have mentioned about applying for cards and being declined and after further divulging of information, turns out they've never held any credit cards before and have gone straight in to apply for mainstream cards/0% cards.

Having no credit history is just as bad as having a poor credit history because lenders have no information/data to show whether you can be trusted with credit.

My suggestion would be start with your bank - they've seen how you mange your money. If that's unsuccessful then bring in the sub-prime chaps.

Anthorn

Candyapple wrote: »

Is it really PW? The amount of threads on here where people have mentioned about applying for cards and being declined and after further divulging of information, turns out they've never held any credit cards before and have gone straight in to apply for mainstream cards/0% cards.

Having no credit history is just as bad as having a poor credit history because lenders have no information/data to show whether you can be trusted with credit.

Yet another uninformed ... er ... person who obviously thinks that a credit history is built from credit card accounts. It isn't. It's built from all credit which is reported to the CRA(s). Just because it's a first credit card doesn't mean that there is no credit history.

I therefore agree with PW: It's a massively sweeping statement. My advice is very simple, if in doubt apply!

Sncjw

I applied for my first credit card with my bank and accepted straight away. They will have more detail financial information as well.

-Enna

TheShape wrote: »

This post can't be for real!

Haha, just to compare and contrast when I narrowed my choices, so in actual fact it was probably only 3.