Hello Everyone! long time reader first time poster
Just asking a question about credit ratings and histories. I am a student and am looking to go overseas next year on exchange, and was looking at the Wizard Clear Advantage credit card, no international fees etc.
I applied August 06 for the card, was declined, which was fair enough, no credit history, minimal income at that point. I then obtained a student Mastercard through Commonweath, but at the same time was approved for an Earth+ with westpac, which is what card i use everyday.
I never used my comm bank card so i cancelled it abuot 2 weeks ago, and then decided to reapply for the Wizard card, and found out i was declined again. So 13 months, 4 credit applications on my file.
I always pay my account off each month in full, never paid a cent in interest. I understand since my limit on my westpac may be the reason why GE's declined me, but would it be wise not to apply again for the wizard card for a while (or ever), even if over the Dec-JAN break i'll be earning twice as much? I asked for my credit file from Baycorp and just shows 4 applications for credit.
Cheers, Ricko
Just asking a question about credit ratings and histories. I am a student and am looking to go overseas next year on exchange, and was looking at the Wizard Clear Advantage credit card, no international fees etc.
I applied August 06 for the card, was declined, which was fair enough, no credit history, minimal income at that point. I then obtained a student Mastercard through Commonweath, but at the same time was approved for an Earth+ with westpac, which is what card i use everyday.
I never used my comm bank card so i cancelled it abuot 2 weeks ago, and then decided to reapply for the Wizard card, and found out i was declined again. So 13 months, 4 credit applications on my file.
I always pay my account off each month in full, never paid a cent in interest. I understand since my limit on my westpac may be the reason why GE's declined me, but would it be wise not to apply again for the wizard card for a while (or ever), even if over the Dec-JAN break i'll be earning twice as much? I asked for my credit file from Baycorp and just shows 4 applications for credit.
Cheers, Ricko