Newbie here.. Natwest Credit Cards - Which one?!

adamp87

cymruchris said:

dahj said:

cymruchris said:

If you've never had a credit card, although Natwest is your bank, you may find they still say NO. I would suggest for improving your credit history that you start with the likes of Vanquis, Capital One or Aqua (Other poor credit cards are available). The interest rates are high - but you should only spend what you plan to pay back in full each month. If you buy your petrol and a few groceries until you get your statement, and then settle the balance in full, you'll pay no interest. It's usually best to set up a direct debit to take the full amount. Try the eligibility checkers on the cards mentioned above - and only apply for ONE card - don't apply for lots! If three of them say 'Yes' in the eligibility checkers - still only apply for ONE.

Always apply to your main bank (i.e. the one that your income gets paid into) first only if declined do you need to consider the subprime route.

Sadly it doesn’t always work that way - as another recent poster mentioned - and  I’ve experienced myself. Using eligibility checkers usually is a good start though where they’re available to give you an outline idea of acceptance. 

I have an overdraft with my main bank offered when I opened the account, it’s never been used.

Ran a checker with them for one of their cards “Highly Likely” & I was still declined. 

funkycredit

adamp87 said:

cymruchris said:

dahj said:

cymruchris said:

If you've never had a credit card, although Natwest is your bank, you may find they still say NO. I would suggest for improving your credit history that you start with the likes of Vanquis, Capital One or Aqua (Other poor credit cards are available). The interest rates are high - but you should only spend what you plan to pay back in full each month. If you buy your petrol and a few groceries until you get your statement, and then settle the balance in full, you'll pay no interest. It's usually best to set up a direct debit to take the full amount. Try the eligibility checkers on the cards mentioned above - and only apply for ONE card - don't apply for lots! If three of them say 'Yes' in the eligibility checkers - still only apply for ONE.

Always apply to your main bank (i.e. the one that your income gets paid into) first only if declined do you need to consider the subprime route.

Sadly it doesn’t always work that way - as another recent poster mentioned - and  I’ve experienced myself. Using eligibility checkers usually is a good start though where they’re available to give you an outline idea of acceptance. 

I have an overdraft with my main bank offered when I opened the account, it’s never been used.

Ran a checker with them for one of their cards “Highly Likely” & I was still declined. 

And which bank would that be then? You know you can appeal and generally it'll be overturned If everything else is in order of course.....