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0% balance transfers with HSBC pre approved but they still need to decide if accept my application?
l.c.elliott
Posts: 104 Forumite
in Credit cards
I suppose i have two questions.
Firstly, I was apparently pre approved using a comparison site, yet when I was taken to HSBC and filled in my details, it said it would be in touch if I'm accepted. I thought the whole point of having a comparison site to do a soft credit check means that I dont have to risk a hard credit check and therefore risk getting declined?
Secondly, does anyone know roughly how I can expect to wait to hear back if I'm accepted? I got this screen after completing my application. I have some outstanding credit on another credit card that I need to transfer, ive got a week until my 0% ends and I have to start paying interest so I was really hoping it would be sorted by then 🤞
Firstly, I was apparently pre approved using a comparison site, yet when I was taken to HSBC and filled in my details, it said it would be in touch if I'm accepted. I thought the whole point of having a comparison site to do a soft credit check means that I dont have to risk a hard credit check and therefore risk getting declined?
Secondly, does anyone know roughly how I can expect to wait to hear back if I'm accepted? I got this screen after completing my application. I have some outstanding credit on another credit card that I need to transfer, ive got a week until my 0% ends and I have to start paying interest so I was really hoping it would be sorted by then 🤞
0
Comments
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It's almost always pre-approved subject to final checks, pre approval is not a guarantee of acceptance. And you should expect a hard search when applying for credit. No idea how long they will take, it varies.0
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