MBNA (Virgin) switch to new Reward declined, what to do now?

RICKSTEINS33

I have been with MBNA Virgin for 3.5 years, have both black and white card.

In this time over £100k was cleared and have incurred less than £150 interest.

Since MBNA is going to discontinue, I applied for the new Virgin Reward card, so I could keep racking up airmiles on my Virgin Atlantic account.

Unfortunately it has been declined, I have 2 weeks to write back to them, what should I point out to turn this around?

Things I want to mention

- I am applying to continue my loyalty with Virgin Atlantic
- My track record with MBNA cards over last 3.5 years
- My other small personal loan that was cleared without issue last year.
- My bank statement to show income/ business.

Any comment is much appreciated!

newuser86

Call them up. A lot of people have had issues being declined and they can manually do the application when you call up which should get accepted

RICKSTEINS33

I called and they would not discuss my case, said that I was declined and they could not offer credit card to me.

missLB82

check your credit score e.g. on clearscore

MABLE

missLB82 wrote: »

check your credit score e.g. on clearscore

And that would be completely meaningless.

jonesMUFCforever

£100k put through personal card in 3 1/2 years might have flagged up something - who knows?

Krisko

Could be anything...

- They think you have enough credit available to you
- Something negative on your credit files
- They not being able to verify you at your address.
- You for some other reason just don't fit their criteria

RICKSTEINS33 wrote: »

- I am applying to continue my loyalty with Virgin Atlantic

Doesn't matter.

RICKSTEINS33 wrote: »

- My track record with MBNA cards over last 3.5 years

They should already be aware (if they where able to check your credit file).

RICKSTEINS33 wrote: »

- My bank statement to show income/ business.

They most likely won't care. If they don't have a reason not to (e.g. National Hunter / CIFAS) lenders tend to trust your stated income for products like credit cards.

But as you mention business income, lenders tend to be slightly more careful lending to people who are self employed.

I'd start by checking my credit files with Experian and Equifax.

WillyWonga

I know when the cards came out a couple of months back a lot of people got declined on first day. The guy who runs the headforpoints website was offering to try and overturn declines by asking you to give him your email address from application and I heard there was a lot of success.

Penelopa.Pitstop

jonesMUFCforever wrote: »

£100k put through personal card in 3 1/2 years might have flagged up something - who knows?

Putting £100K through the card in 3 years is nothing really.

Nasqueron

I don't spend or earn huge amounts but I could easily spend £1000 a month on CC doing the household shopping and other stuff day to day, 42k over 3 years isn't really difficult. If I was on higher rate tax band earnings and had expensive tastes I don't see why 100k would be hard to do

jonesMUFCforever

Penelopa.Pitstop wrote: »

Putting £100K through the card in 3 years is nothing really.

Apparently not but it is to me !;)