The Student Room Group

No Options for First Credit Card?

I've never had a need for a credit card before, but just in case, I wanted to start looking for some options. And I was surprised to find that with no credit history I have literally no options.

I used a multi-bank eligibility checker on this site to see what cards are available to me, only to get a whopping 0% chance on every card in the system. I tried on the sites of individual banks/lenders as well with similar results. On Barclaycard I also had no chances, Amex gave me a 3.5 out of 10 chance, and a solid No from CapitalOne. But why? Even Aqua gave me a solid no. I have no debt, no missed payments, no penalties, no credit obligations, I'm on the electoral roll, etc. So what is going on?
Original post by gh158
I've never had a need for a credit card before, but just in case, I wanted to start looking for some options. And I was surprised to find that with no credit history I have literally no options.

I used a multi-bank eligibility checker on this site to see what cards are available to me, only to get a whopping 0% chance on every card in the system. I tried on the sites of individual banks/lenders as well with similar results. On Barclaycard I also had no chances, Amex gave me a 3.5 out of 10 chance, and a solid No from CapitalOne. But why? Even Aqua gave me a solid no. I have no debt, no missed payments, no penalties, no credit obligations, I'm on the electoral roll, etc. So what is going on?


Do you have a regular income?
Reply 2
Original post by normaw
Do you have a regular income?


Yes.
Original post by gh158
Yes.


It might be worth joining the following:

https://www.moneysavingexpert.com/creditclub/

It is a trustworthy site and it will give you insights into why you may not be eligible for a credit card and what you need to do.
Reply 4
Original post by normaw
It might be worth joining the following:

https://www.moneysavingexpert.com/creditclub/

It is a trustworthy site and it will give you insights into why you may not be eligible for a credit card and what you need to do.

I did actually already make an account there to see if it could help or show me what's wrong, but sadly still nothing.
Original post by gh158
I've never had a need for a credit card before, but just in case, I wanted to start looking for some options. And I was surprised to find that with no credit history I have literally no options.

I used a multi-bank eligibility checker on this site to see what cards are available to me, only to get a whopping 0% chance on every card in the system. I tried on the sites of individual banks/lenders as well with similar results. On Barclaycard I also had no chances, Amex gave me a 3.5 out of 10 chance, and a solid No from CapitalOne. But why? Even Aqua gave me a solid no. I have no debt, no missed payments, no penalties, no credit obligations, I'm on the electoral roll, etc. So what is going on?

You could try the bank you have your current account with (assuming they offer a credit card). Your current bank can see how you're using your account, and can see the incomings and outgoings; so they have an advantage over other card companies who can only see what's on your (presumably very slim) credit report.
Original post by gh158
I've never had a need for a credit card before, but just in case, I wanted to start looking for some options. And I was surprised to find that with no credit history I have literally no options.

I used a multi-bank eligibility checker on this site to see what cards are available to me, only to get a whopping 0% chance on every card in the system. I tried on the sites of individual banks/lenders as well with similar results. On Barclaycard I also had no chances, Amex gave me a 3.5 out of 10 chance, and a solid No from CapitalOne. But why? Even Aqua gave me a solid no. I have no debt, no missed payments, no penalties, no credit obligations, I'm on the electoral roll, etc. So what is going on?


1. how old are you ?
2. do you have a regualr income?
3. are tyou a higher education student who hasa Student Current account ?
Reply 7
Instead of using a checker, why not apply direct?
Reply 8
Original post by InArduisFouette
1. how old are you ?
2. do you have a regualr income?
3. are tyou a higher education student who hasa Student Current account ?

I'm 21, do have income, and I just finished my undergrad, but I just have a standard current account I had for years.

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