Denied eurobonus mastercard
May 26, 2010, 6:35 am
#1
Original Poster
Join Date: May 2010
Posts: 39
Denied eurobonus mastercard
Aaaaaaargh, I hate SEB so much right now...!!!
I got denied for SAS Eurobonus Mastercard 5000SEK credit! (LOL)
I'm 28, perfect credit history, private banking customer on swedbank. It's so frustrating that they can't even give me a 5000 sek credit...
I call them, the lady tells me that I need to have a taxable income, nothing else matters.
I got denied for SAS Eurobonus Mastercard 5000SEK credit! (LOL)
I'm 28, perfect credit history, private banking customer on swedbank. It's so frustrating that they can't even give me a 5000 sek credit...
I call them, the lady tells me that I need to have a taxable income, nothing else matters.
May 26, 2010, 7:37 am
#2
Join Date: Sep 2009
Location: Singapore
Programs: TK*G, SAS EB Basic, CX MPC, KLM FB, SPG Gold, Hyatt Plat
Posts: 64
Well, I guess it is understandable from SEB point of view. You would need to be their private banking customer for them to be able to judge you as trustworthy... but the EB MasterCard isn't that good anyway. Get a credit card in the country where you earn your money if it is not Sweden!
May 26, 2010, 9:30 am
#4
Join Date: Dec 2009
Location: Sweden / Germany
Programs: EB / FB / Topbonus
Posts: 298
or cancel some of the other CC that you might have.
P.S; SAS online CC system just crashed, https://applications.sebkort.com/nis/sase/
P.S; SAS online CC system just crashed, https://applications.sebkort.com/nis/sase/
May 26, 2010, 1:46 pm
#7
Join Date: Jan 2010
Posts: 358
Aaaaaaargh, I hate SEB so much right now...!!!
I got denied for SAS Eurobonus Mastercard 5000SEK credit! (LOL)
I'm 28, perfect credit history, private banking customer on swedbank. It's so frustrating that they can't even give me a 5000 sek credit...
I call them, the lady tells me that I need to have a taxable income, nothing else matters.
I got denied for SAS Eurobonus Mastercard 5000SEK credit! (LOL)
I'm 28, perfect credit history, private banking customer on swedbank. It's so frustrating that they can't even give me a 5000 sek credit...
I call them, the lady tells me that I need to have a taxable income, nothing else matters.
May 26, 2010, 3:15 pm
#8
Join Date: Dec 2009
Location: Sweden / Germany
Programs: EB / FB / Topbonus
Posts: 298
I doubt that it would work. However if you have someone which are willing to stand surety for a you, they might approve it. Applying for a CC is like taking a loan, they cant just give out money to anyone. If they did, it could create a nasty bubble and we all know how that went...
May 26, 2010, 3:55 pm
#9
Join Date: Nov 2004
Programs: EB*G, BT VIP
Posts: 770
True if you want Visa Plat with 100k EUR limit, but 5000 SEK-limited credit card in Sweden? That's pretty much nothing. I guess even refugee allowance is Sweden is higher than that. Even in a less-developed countries this kind of amount is given to any permanent resident who don't have a record of non-payment of loans/whatever.
May 26, 2010, 3:56 pm
#10
Join Date: Nov 2009
Location: ARN/STO
Programs: SK EBS, BAEC blue, SPG
Posts: 586
SEB (as most other card issuers) just rely on the credit report from UC. If your taxed income is below the threshold, then no card for you. The application process is largely automated, so I doubt there is any easy way around it unless you have a history with SEB kort or some personal relation with someone inside.
Since Entercard is jointly owned by Swedbank and Barcalys, you might be better of there since you already have a customer relation. But generally, getting any kind of credit is a hassle unless you have a "white" taxed income...
Low or no "white" income does not necessarily mean you are without funds!
Since Entercard is jointly owned by Swedbank and Barcalys, you might be better of there since you already have a customer relation. But generally, getting any kind of credit is a hassle unless you have a "white" taxed income...
Low or no "white" income does not necessarily mean you are without funds!
May 26, 2010, 5:12 pm
#11
Original Poster
Join Date: May 2010
Posts: 39
True if you want Visa Plat with 100k EUR limit, but 5000 SEK-limited credit card in Sweden? That's pretty much nothing. I guess even refugee allowance is Sweden is higher than that. Even in a less-developed countries this kind of amount is given to any permanent resident who don't have a record of non-payment of loans/whatever.
Last edited by SayWhat; May 26, 2010 at 5:19 pm
May 26, 2010, 5:38 pm
#13
Suspended
Join Date: Jul 2001
Location: Watchlisted by the prejudiced, en route to purgatory
Programs: Just Say No to Fleecing and Blacklisting
Posts: 102,095
Welcome to FT and best of luck with getting this worked out.
In the larger picture, I wouldn't be surprised if the Swedish bank executives have been told to expect and plan for a big financial shock sometime in the next handful of years since household debt levels in Sweden are out of control and housing prices are just waiting to have their bubble pricked and leak 20-30% when interest rates get pushed up and financing the mortgage and other installment debt becomes tougher on those leveraged households and others.
In the larger picture, I wouldn't be surprised if the Swedish bank executives have been told to expect and plan for a big financial shock sometime in the next handful of years since household debt levels in Sweden are out of control and housing prices are just waiting to have their bubble pricked and leak 20-30% when interest rates get pushed up and financing the mortgage and other installment debt becomes tougher on those leveraged households and others.
May 26, 2010, 5:44 pm
#14
Join Date: Dec 2009
Location: Sweden / Germany
Programs: EB / FB / Topbonus
Posts: 298
Even if you have a credit limit you could shop for more. I dont know where the limit goes but I passed my credit limit once and then had to pay a penalty fee. It felt a bit stupid to pay this fee since I knew that they had earned more money due to it... Greedy *****.
Btw, maybe the CC company want you to have a higher limit. I doubt that they find a big different between 5 000 and 10 000. If you only apply for 5000 and have to do it in a special way, they might not think its worth the hassle.
Btw, maybe the CC company want you to have a higher limit. I doubt that they find a big different between 5 000 and 10 000. If you only apply for 5000 and have to do it in a special way, they might not think its worth the hassle.
Last edited by daniel-andersson; May 26, 2010 at 5:49 pm
May 29, 2010, 2:40 am
#15
Join Date: Jan 2008
Location: Norway
Programs: SK*G, FB Plat, BA-GGL
Posts: 245
Could it not be the strange-ness of the situation that makes the "alarm-bells" ring?
I mean if you are a private banking customer, and suggest you are a big spender. Why on earth would you want a credit card with 5000 SEK limit?
I SEB's situatuation, at least I would think like that. I would have felt it hard to believe that there wasn't anything fishy going on. (not suggesting there is, of course)
I mean if you are a private banking customer, and suggest you are a big spender. Why on earth would you want a credit card with 5000 SEK limit?
I SEB's situatuation, at least I would think like that. I would have felt it hard to believe that there wasn't anything fishy going on. (not suggesting there is, of course)