Santander Credit card

superM

I have just done an eligibility check for Santander credit card through the app.  It came up pre approved after I have inputted all my details. 

Has anyone been declined after putting through the application?  

Thanks 

CliveOfIndia

I'd be happy to bet a large amount that plenty of people have had a full application declined after been given the green light on an eligibility checker.  The main reason being, it's only when you make a formal application that they have access to all your credit history data.

Having said that, using a lender's own eligibility checker tends to give slightly more accurate forecasts than a generic third-party checker.  But there are no guarantees.

There's nothing lost by making one application.  If you should get declined, then leave it a couple of months or so before making any further applications.  One hard search on your file is nothing to be concerned about, but several searches in quick succession starts to raise red flags for lenders.

Nasqueron

I had a pre-approved on a Virgin one that went to manual review and was rejected, only one I ever had

I'd echo Clive's point above - test on the card site and then apply via TopCashBack as they usually have a £17 bonus if you get the card 

jackjones01

Even though you were pre- approved did they do a full credit check on application.

CliveOfIndia

jackjones01 said:

Even though you were pre- approved did they do a full credit check on application.

It's impossible to say for certain, but it would be highly unusual for them not to do a full/hard search upon submitting a formal application.

That's one reason why eligibility checkers are, almost be definition, not 100% accurate - simply because they don't have access to the full dataset that is provided by a hard search.

jackjones01

CliveOfIndia said:

jackjones01 said:

Even though you were pre- approved did they do a full credit check on application.

It's impossible to say for certain, but it would be highly unusual for them not to do a full/hard search upon submitting a formal application.

That's one reason why eligibility checkers are, almost be definition, not 100% accurate - simply because they don't have access to the full dataset that is provided by a hard search.

I’ve been pre-approved for both a Halifax and Lloyds card in the past applied and no credit search was done. 

eschaton

I opened a Santander 12m Fee Free BT card on Sunday and they done a hard search before confirming acceptance. I had been 100% pre approved initially as with the one below. 

I also opened a Tesco 22m Purchase card and they only done a soft search 

Nasqueron

eschaton said:

I opened a Santander 12m Fee Free BT card on Sunday and they done a hard search before confirming acceptance. I had been 100% pre approved initially as with the one below. 

I also opened a Tesco 22m Purchase card and they only done a soft search 

Have you checked all 3 CRAs to see if they only did soft search on each as it's highly unusual for a firm to issue credit without a full credit check