Ive got one of Natwest student mastercards had it for over a year now and not once has it gotten me into any trouble. I only really got it to help me build up a credit score which it has done very nicely I just use it in place of my normal debit card and pay the balance in full each month
Student Credit Card
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Well just to update this, I've applied twice to the HSBC for a student account and both times it has been rejected. I accidentally applied the first time for a credit card with the account and after doing so - realised it would come back as declined.
I applied again but with no crebit card and it's came through this morning as rejected again.
Much in line with the last post in the thread from blitz, they've said my credit score isn't good enough.
Not really sure how anyone gets a student account with HSBC judging by their replies. I get a healthy amount in, albeit in loans and grants* but I'm sure they aren't expecting me to have a full-time wage.
I'll have a look around the other suggested banks, although I think Natwest are under a different name in Northern Ireland / or they don't exist.
*which may be the problem
I applied again but with no crebit card and it's came through this morning as rejected again.
Much in line with the last post in the thread from blitz, they've said my credit score isn't good enough.
Not really sure how anyone gets a student account with HSBC judging by their replies. I get a healthy amount in, albeit in loans and grants* but I'm sure they aren't expecting me to have a full-time wage.
I'll have a look around the other suggested banks, although I think Natwest are under a different name in Northern Ireland / or they don't exist.
*which may be the problem
Soldato
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I'm surprised by HSBC's response. Out of all the banks I've dealt with, theirs was the easiet. I went in to a branch, did it instore, they sent off the forms and posted things for me to sign at home. Job done. Like you, I had no steady money in - although it was definately healthy.
Odd. Btw, Natwest = Ulster Bank in NI (I think). They're part of the same group anyway.
Back again.
Haven't bothered with this since my last reply but went into the HSBC today to see why it was rejected - I initially went in to try and open an account.
They said I'm from an area with a low credit rating (makes sense given their response to my online applications) and that there's not a lot can be done about it. They also said that people who lived in the house previous to us may have been part of the reason for the rejection (If they were in debt).
I wouldn't say the area is 'poor' (which is as much as they're trying to say) although most are probably renting their house unlike us.
I have the mis-/fortune that my parents are separated and my dad lives in a very different part of the town, i.e. the country. If I was to apply using his living details, would they ask me for proof of living there?
It's just that I would have trouble stumping proof up as I've been out of that house for 7 years or so, that's why I ask.
Saying it even got to that stage and they did accept me - would I have any trouble moving my address details over to my existing house (the one they rejected) at a later date?
Thanks for any continued help.
(edit: sorry sunama, didn't check back in the thread, but yes that was the case)
Haven't bothered with this since my last reply but went into the HSBC today to see why it was rejected - I initially went in to try and open an account.
They said I'm from an area with a low credit rating (makes sense given their response to my online applications) and that there's not a lot can be done about it. They also said that people who lived in the house previous to us may have been part of the reason for the rejection (If they were in debt).
I wouldn't say the area is 'poor' (which is as much as they're trying to say) although most are probably renting their house unlike us.
I have the mis-/fortune that my parents are separated and my dad lives in a very different part of the town, i.e. the country. If I was to apply using his living details, would they ask me for proof of living there?
It's just that I would have trouble stumping proof up as I've been out of that house for 7 years or so, that's why I ask.
Saying it even got to that stage and they did accept me - would I have any trouble moving my address details over to my existing house (the one they rejected) at a later date?
Thanks for any continued help.
(edit: sorry sunama, didn't check back in the thread, but yes that was the case)
NatWest refused to give me a Maestro card until I had an income (only a Solo), but as soon as it became a student account, it was Maestro and Mastercard thrust on me.
After 2 years, they told me I was eligible for a Platinum Mastercard! Limit's still £700 but it looks good when I pull it out to buy something
After 2 years, they told me I was eligible for a Platinum Mastercard! Limit's still £700 but it looks good when I pull it out to buy something
gumbald, I didn't know you could get one but I did a few searches around and got some generic results. Apparently the area here is pretty bad for 'credit rating' (2 out of 5 stars).
My dad's house however is 4 out of 5 stars.
OzyOly, I've heard a lot of good things about the HSBC and that's why I've been so persistent with them - just a shame the categorizing of people is so wide-spread and not judged on an individual basis. Although I can completely understand the latter in terms of business.
My dad's house however is 4 out of 5 stars.
OzyOly, I've heard a lot of good things about the HSBC and that's why I've been so persistent with them - just a shame the categorizing of people is so wide-spread and not judged on an individual basis. Although I can completely understand the latter in terms of business.
NatWest refused to give me a Maestro card until I had an income (only a Solo), but as soon as it became a student account, it was Maestro and Mastercard thrust on me.
After 2 years, they told me I was eligible for a Platinum Mastercard! Limit's still £700 but it looks good when I pull it out to buy something
Ohhh. Shiney. How would I go about getting a master card platinum?
They just wrote to me and told me out of the blue, my other one hadn't even expired. I've still no idea what extra it gets me!
You should be able to sign up for something at your dad's address, not sure where the legality of that is though.
You should be able to sign up for something at your dad's address, not sure where the legality of that is though.
Me either. As much as I do need a card I don't want to break barriers to do so.
Although it's not like there would be a problem with payments or anything like that so I may just go ahead with it.
It's so strange seeing the differences between post-codes and the information that is held on you relative to that.
I would think the only thing you'll need to sign up for something at your dad's address is a proof of address, that you're actually linked to it. Suppose it's Catch 22 without a utility bill, they'll require some bank documentation, but how can you get that without proof you already have proof?
I've had a Maestro/Solo card since I turned 15... Can buy online just fine with it
Some places didn't accept Solo, hence I was wanting to get a Maestro to replace it. It is a bit silly that they (NatWest & HSBC) would give me a Solo card at 11, but NatWest wouldn't then give me a proper card until I had an income. I can still do mainly the same things with it.
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Caporegime
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I'm with Nationwide and will be asking for my Debit Card when I turn 18 next Sunday. Need it to buy the parts for my new rig from here.
I believe I may have a bank statement that comes regularly from another account I don't use, I'll have to ask and see.
Thanks for your advice.
skippi90, are you employed? Nationwide don't do any type of student account and can be quite difficult to get an actual account with depending on your area.
Thanks for your advice.
skippi90, are you employed? Nationwide don't do any type of student account and can be quite difficult to get an actual account with depending on your area.
Caporegime
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No not at the moment... just applied for a job today though. 
Setanta Sports call centre....
Just till I finish my computing course. £5.80 an hour.
Setanta Sports call centre....
Just till I finish my computing course. £5.80 an hour.
Nationwide don't seem like the best place to hold your main account. I do have a FlexAccount there, the cash card is useful for overseas withdrawals, but they just don't seem to offer a normal range of services.
That should allow you to open another account then, backed up with Birth Certificate or Driving License.
Slogan said:
That should allow you to open another account then, backed up with Birth Certificate or Driving License.
I agree with all your points - however, a credit card does serve a useful purpose in comparison to a debit card ... the protection offered with a credit card means that the contract of sale is between you and the credit card company (and another contract of sale exists between the credit card company and supplier) ... this is particularly useful when buying goods and services from online companies, who you simply can't trust as much as a company you can physically walk into ... similarly, the liability of fraudulent usage of the credit card lies almost completely with the credit card company ... I value that protection, and the separation it gives me from my bank account where my wages are paid into, beyond the risk that I might end up in debt. Use a credit card wisely - ONLY make a purchase with it, once you have saved the money to pay off that purchase, when the next monthly statement arrives and NEVER use a credit card to take money out from an ATM - the interest charges are still borderline illegal IMHO - you never need cash that badly.