John Lewis Partnership Card

HonestJohn

startsavingnow said:

I have also just been refused after receiving a text message saying I would receive a code - which never arrived.  
No problem at all.  I think lot of people are disappointed under the impression they had some sort of recognition of "loyalty" from John Lewis.    People should remember that the credit card is just a money making instrument and if you are not likely to defer payment and owe them interest then there is nothing in it for them.  It is all about giving you the impression that you "deserve" to be "associated" with the John Lewis brand.   

Loyalty went out of the window years ago. I just wanted a cashback card. ASDA and JL were the best payers.
I had the old ASDA card. There was a long wait for them to issue a new one so I got a JL card. When I applied for the new ASDA card I was refused. The only change between the two was me retiring hence reduced income. No problem as I very rarely use Asda any more.They are no longer the bargain they used to be. Just get petrol now and use the discounters for most food items.
I though there was no way I would get the new JL card but my application went very smoothly using their code and I got the  same credit limit which I thought on my old salary was very generous.
If only Aldi or Lidl would bring out a card but I guess even the sub prime cards would baulk at that.

WillPS

HonestJohn said:

The only change between the two was me retiring hence reduced income.

How is this even remotely true? It's a different lender, different headline APR, different reward offer, different card symbol, the fact the old card was issued before criteria tightened up during the pandemic in general... the list goes on. The only thing in common was the brand used on both.

In truth nobody has any idea what it was that made you credit-worthy to the previous issuer and not the new issuer, other than the individual issuers making the decisions themselves.

HonestJohn

WillPS said:

HonestJohn said:

The only change between the two was me retiring hence reduced income.

How is this even remotely true? It's a different lender, different headline APR, different reward offer, different card symbol, the fact the old card was issued before criteria tightened up during the pandemic in general... the list goes on. The only thing in common was the brand used on both.

In truth nobody has any idea what it was that made you credit-worthy to the previous issuer and not the new issuer, other than the individual issuers making the decisions themselves.

Lenders just want to make some money out of you and be assured that they will get their money back.

WillPS

HonestJohn said:

WillPS said:

HonestJohn said:

The only change between the two was me retiring hence reduced income.

How is this even remotely true? It's a different lender, different headline APR, different reward offer, different card symbol, the fact the old card was issued before criteria tightened up during the pandemic in general... the list goes on. The only thing in common was the brand used on both.

In truth nobody has any idea what it was that made you credit-worthy to the previous issuer and not the new issuer, other than the individual issuers making the decisions themselves.

Lenders just want to make some money out of you and be assured that they will get their money back.

What's that got to do with your claim that the only thing that changed between your application for a Creation issued Asda credit card and your application for a Jaja issued Asda credit card many years later was your income?

HonestJohn

That was the their main criteria obviously. Said they only did a soft search and gave me the name of the reference agency they used and said I should check my file.

WillPS

HonestJohn said:

That was the their main criteria obviously. Said they only did a soft search and gave me the name of the reference agency they used and said I should check my file.

It's not obvious at all, it's spurious conjecture.

MollyR

HonestJohn said:

That was the their main criteria obviously. Said they only did a soft search and gave me the name of the reference agency they used and said I should check my file.

So when you checked your file, were the contents exactly what you expected, or worse in some way?

HonestJohn

MollyR said:

HonestJohn said:

That was the their main criteria obviously. Said they only did a soft search and gave me the name of the reference agency they used and said I should check my file.

So when you checked your file, were the contents exactly what you expected, or worse in some way?

I have a spotless record. My credit score (for what it is worth) is always nudging the maximum. I would lend myself money.

MollyR

And this was your record on the specific credit agency they told you to check?  Because different agencies can end up with different entries, and score those entries in different ways.

HonestJohn

WillPS said:

HonestJohn said:

That was the their main criteria obviously. Said they only did a soft search and gave me the name of the reference agency they used and said I should check my file.

It's not obvious at all, it's spurious conjecture.

I no longer care anyway. A JL card has far more cachet amongst some people than an ASDA card.
Thank you for your lecture on the ins and outs of lenders and the relative criteria that they use to assess applications. I am sure some peolpe here will find it useful.