NAB QF Rewards Signature card application questions

[N860CR]

I did give approval for them to use some verification thing…. Not sure what it was. It did however pull all my accounts from my credit file and add them to the application. But I don’t see how it would have verified income (salary and rent listed)

 

[ChrisMars]

@N860CR @sudoer How did you guys activated your westpac on same day approval? Looking at the app, and clicking on "activate", it asks for the last 6 digit numbers which I don't have yet. The digital card only shows the last 4, and doesn't reveal more (I get an error retry later) Google play refuse to add it as it is unactivated. The card got approved 1h ago. Maybe I should wait longer, the error I get might clear ..

 

[N860CR]

@N860CR @sudoer How did you guys activated your westpac on same day approval? Looking at the app, and clicking on "activate", it asks for the last 6 digit numbers which I don't have yet. The digital card only shows the last 4, and doesn't reveal more (I get an error retry later) Google play refuse to add it as it is unactivated. The card got approved 1h ago. Maybe I should wait longer, the error I get might clear ..

Are you an existing Westpac customer? From memory that has something to do with it.

 

[sudoer]

@N860CR @sudoer How did you guys activated your westpac on same day approval? Looking at the app, and clicking on "activate", it asks for the last 6 digit numbers which I don't have yet. The digital card only shows the last 4, and doesn't reveal more (I get an error retry later) Google play refuse to add it as it is unactivated. The card got approved 1h ago. Maybe I should wait longer, the error I get might clear ..

I was able to use the digital card which gave a 16 digit card number, expiry and CVV.

I didn't have an existing Westpac relationship.

 

[ChrisMars]

All good I was a bit impatient. I could finally access the digital card, get the last 6 digit, and activate.

 

[mameimo]

Applied for this card but was only approved for a $8,500 credit limit. Does that mean I've been downgraded to the NAB Qantas Rewards Premium Card?

 

[mameimo]

Applied for this card but was only approved for a $8,500 credit limit. Does that mean I've been downgraded to the NAB Qantas Rewards Premium Card?

But the page did say it was a NAB Qantas Rewards Signature Card with a $395 annual fee

 

[Mr H]

But the page did say it was a NAB Qantas Rewards Signature Card with a $395 annual fee

If the page says Signature and $395 then take a screenshot.

Incidentally, just looking at the terms and conditions and it looks like the Signature lockout for sign up bonuses is 18 months rather than the more conventional 12 months.

 

[sudoer]

Someone I know was issued an ANZ Black with a $10k limit before - they had good income proof but a thin credit file. I think you will get the Signature. I doubt they can downgrade you to another product without your consent.

 

[N860CR]

Incidentally, just looking at the terms and conditions and it looks like the Signature lockout for sign up bonuses is 18 months rather than the more conventional 12 months.

It’s still written as 12 on some pages of the website. Update has been poorly done. I’ve got screenshots for the inevitable fight (bonus points didn’t post on my qualifying statement)

 

[DC3]

Applied for this card but was only approved for a $8,500 credit limit. Does that mean I've been downgraded to the NAB Qantas Rewards Premium Card?

Any update on this?

 

[Sora]

I was conditionally approved, I do have Citi cards, can NAB see the credit balances of these cards? Since NAB had purchase Citi retail banking?

What are the odds they’ll just rely on the payslips?

 

[Mr H]

I was conditionally approved, I do have Citi cards, can NAB see the credit balances of these cards? Since NAB had purchase Citi retail banking?

What are the odds they’ll just rely on the payslips?

The way I heard it explained, the balances on the credit cards don't really matter. The banks will look at all the credit cards, work out what the repayments would be if all the cards were maxed out - including the one you are applying for - and seeing whether you could afford the repayments given your income and declared outgoings.

 

[DC3]

I do have Citi cards, can NAB see the credit balances of these cards?

Credit card issuers, including NAB, will see your credit card limits/details via Credit Reporting agencies in any case

 

[Sora]

The way I heard it explained, the balances on the credit cards don't really matter. The banks will look at all the credit cards, work out what the repayments would be if all the cards were maxed out - including the one you are applying for - and seeing whether you could afford the repayments given your income and declared outgoings.

Yeah, I would assume so. I am trying to do a balance transfer to my Citi Coles card.

When I login to the NAB application, it just says, conditionally approved, and says ID verified, and then nothing else.

It says could take up to 5 days to hear anything. It is now that long wait.

 

[Mr H]

Yeah, I would assume so. I am trying to do a balance transfer to my Citi Coles card.

When I login to the NAB application, it just says, conditionally approved, and says ID verified, and then nothing else.

It says could take up to 5 days to hear anything. It is now that long wait.

I have just got an NAB card. Mine said ID verified as I had applied for another NAB card the previous month, but still said "To Do". I waited over a week, phoned up to ask about progress, and was notified the card had been accepted about ten minutes after the phone call. I got the card two days later.

 

[Sora]

I have just got an NAB card. Mine said ID verified as I had applied for another NAB card the previous month, but still said "To Do". I waited over a week, phoned up to ask about progress, and was notified the card had been accepted about ten minutes after the phone call. I got the card two days later.

WOW, I had done a NAB one ages ago, it asked for payslips on the exact same page that I am on now. So, it was surprising to see "ID Verified", and not bottom section for documents.

I will see how it goes. I am in the United States until December, so I am not in a rush, was curious as to what had changed with the progression page.
But, it also shows, how lazy NAB officers can be.

 

[Mr H]

WOW, I had done a NAB one ages ago, it asked for payslips on the exact same page that I am on now. So, it was surprising to see "ID Verified", and not bottom section for documents.

I will see how it goes. I am in the United States until December, so I am not in a rush, was curious as to what had changed with the progression page.
But, it also shows, how lazy NAB officers can be.

I did have to show payslips and rock up to a Branch to show my ID last month - clearly that was all still valid for this month's application.

 

[Sora]

I did have to show payslips and rock up to a Branch to show my ID last month - clearly that was all still valid for this month's application.

Why would they require you to go back in, if you were already ID VERIFIED?

I have been with NAB for ages, just never really used them, since I don't enjoy their UI.

I can send them my payslips, no issues. Just, getting to a branch, maybe not so easy, since I am here until December.

 

[DC3]

I can send them my payslips, no issues. Just, getting to a branch, maybe not so easy, since I am here until December.

Patience grasshopper