HSBC Credit limit

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  • deviousimp
    deviousimp Posts: 31 Forumite
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    I did it once I received the card, so I left it blank on the application. Mostly because I couldn't believe they were going to approve me!
  • thistle73
    thistle73 Posts: 47 Forumite
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    Wow this company really does drag on 😬😬
    I applied 8 days ago and it said thank you for apply and been approved be in touch 5 days but not heard nothing so far
  • ALIBOBSY
    ALIBOBSY Posts: 4,527 Forumite
    Name Dropper Combo Breaker First Post First Anniversary
    edited 29 October 2016 at 12:59PM
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    Been credit building for a few years and have 2 cap one cards, an aqua and a vanquis, some with balances on (emergencies with pets and cars don't ask). Trying to clear asap because of the interest so decided to see if I could get a bal trans card.

    Was given a high prob of getting the HSBC card but not the max (80%) so gave it a shot expecting a rejection, BUT 2 wk later, today have the approval in my hands lol.

    Is there anyway I can tell what my new credit limit will be or should I just sign and wait?

    For info have the above cards plus a catalogue and argos card, no late pays, no defaults as all now dropped off, could I be looking at 5k like some others on here?

    If so that will clear everything on the other cards and leave me a chunk as well-may use some of the 0% purchase to spread the cost of crimbo in that case. Plus how long after signing do you get the card?

    Ali x (still in shock for getting a "mainstream" card with so long on 0%)
    "Overthinking every little thing
    Acknowledge the bell you cant unring"

  • john1002
    john1002 Posts: 984 Forumite
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    No you will have to wait to get the card showing the credit limit, card should come within 2 - 3 weeks.

    It is a slow process but good luck with a good limit, let us know when you do.

    John
  • ALIBOBSY
    ALIBOBSY Posts: 4,527 Forumite
    Name Dropper Combo Breaker First Post First Anniversary
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    Will hang on and see then, tbh will just be happy if its enough to clear the other cards onto 0%, will look at what card to shut and what to keep for emergencies once I get to that stage.

    Min on their site seems to be £500 so that would still be one card cleared and interest slashed.

    Fingers crossed.

    Ali x
    "Overthinking every little thing
    Acknowledge the bell you cant unring"

  • browneyone
    browneyone Posts: 73 Forumite
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    If you really want to know you can pop into your local branch.
  • A4445
    A4445 Posts: 1,103 Forumite
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    Why not give them a call and ask :)
  • cheddar
    cheddar Posts: 563 Forumite
    First Post Photogenic First Anniversary Combo Breaker
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    My boyfriend applied almost 5 weeks ago, took 3 weeks for them to send him a letter to ring them. Upon ringing we got someone who was very hard to understand and eventually hung up on him. He rang a couple of days later and got someone who explained he had to go in with 3 months worth of bank statements into a branch.

    Did this almost 2 weeks ago and we're still waiting. He does have a bank account with them but hasn't used it for the past 3 years since becoming a joint account holder with me at another bank, so we gave them the statements from our joint account. They said it would take 2 days max for the department to get the info.

    They're so slooooow. May get him to ring if we've not heard anything by next week.
  • A4445
    A4445 Posts: 1,103 Forumite
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    Do any of you know what credit reference agency HSBC use for their credit card applications :)
  • book12
    book12 Posts: 2,557 Forumite
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    A4445 wrote: »
    Do any of you know what credit reference agency HSBC use for their credit card applications :)
    They use Experian and Callcredit -http://www.moneysavingexpert.com/credit-cards/credit-reference
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