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Hi All,
I am thinking of applying for the Barclaycard Avios Plus so I can take advantage of the sign up bonus then go down to the free card. Whats the difficulty in getting this Avios Plus card?
For reference:
I am 22 year old student set to graduate in June.
I will be working a job right after graduating that will be 40k/yr
Currently I have the Amex Plat Everyday Cashback for 3 years and have been using it regularly but have been consistantly under the 1k credit limit per month.I ideally want to applu a month after starting my new job.
I would like to get this Avios Plus to time it with a purchase of a new latop and devices & and I want to cancel my AMEX so that in 2 years time I will be eligible for the SUB in the Gold. (maybe i’ll go for the Plat, depends on how much salary I will have in 2 years)
No difficulty here
Out of curiosity how did you manage to get the Amex back when you were 19? Currently a 20yr uni student too and scoring quite low on the eligibility checker.
P2 has been declined twice during different promotional periods, despite a clear bill of financial health, respectable age and wage (not disimilar to yours). Plenty of others have said similar. It is great you have been building up your credit profile but as is fairly obvious, you’ll only know once you have applied. I think it fair to say that it is definitely harder to get than an Amex card.
@CarpalTravel – even though Amex has tightened its income requirements and other criteria in the last couple of years, it remains laxer than Barclays and suffers correspondingly higher bad debts. Barclays has vastly more UK credit data than Amex or indeed the credit agencies and uses that to manage its risk. Often decisions in fact relate not to the applicant specifically, but similar profiles in all sorts of different ways.
However large someone’s income, Barclays doesn’t generally like those with too many cards/too much open unsecured credit, the self employed and somehow putting Barclays as ones bank account can be a disadvantage.
I have a near perfect credit score, a good income and a Barclays Premier current account. I closed a Barclaycard about 9 months ago and ran the eligibility checker for both Barclaycard Avios cards recently. The eligibility checker said I wouldn’t be approved for the Plus card but that I would for the Basic which I now hold. So don’t assume you will be approved and have a look at what the eligibility checker says, I seem too remember you have to run it for each card separately.
@CarpalTravel – even though Amex has tightened its income requirements and other criteria in the last couple of years, it remains laxer than Barclays and suffers correspondingly higher bad debts. Barclays has vastly more UK credit data than Amex or indeed the credit agencies and uses that to manage its risk. Often decisions in fact relate not to the applicant specifically, but similar profiles in all sorts of different ways.
However large someone’s income, Barclays doesn’t generally like those with too many cards/too much open unsecured credit, the self employed and somehow putting Barclays as ones bank account can be a disadvantage.
I don’t think that’s true – Barclaycard offer a specific ‘credit builder’ card (Forward), Amex never have. For prime cards, maybe – but I think Barclays on the whole are more accommodating of less affluent customers than Amex could be (as you might expect of a retail bank!).
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