Applied for this card as it offered 120k QFF points and a heap of status credits. I'm self employed so they initially required the latest tax return but as this hasn't been finalised yet, I put the ANZ bank people in touch with my accountant (much longer story here cut short!). Heard soon afterwards I heard that my application had been denied. Now, I'm only giving the following details to show how ridiculous ANZ bank's assessment methods must be. I have a gross income of over $700k pa, I have mortgage interest payments of about $55k pa (tax deductible), car loan repayments of about $15k pa (mostly business expenses so part deductible) and credit cards with a max credit of about $50k but zero outstanding balance and no other loans or debts. I simply cannot understand how the ANZ bank assessment system could come to the conclusion I could not afford their card! If I can't afford their card, very few people would be able to. I am considering a formal complaint, including to the financial services ombudsman.
Anyone else had ANZ bank card application problems?
Anyone else had ANZ bank card application problems?