Pre approved products

[Stella66]

l have recently moved my current account to HSBC from natwest, on accont opening l was told l have been pre approved for a credit card and a morgage and l will be pre approved for more products,when the review the account in future.Does anyone no how often is this done, is it at the end of each month or is it when l pay in or maintain a certain balance in the account? Is it automatic or do l need to request for the review, if so how soon could this be done?

[Catso]

It's all just marketing talk. Don't take on what you don't actually want, and if you really want something, ask for it.

[saxy_jag]

Listen to Catso. It's an advertising ploy.

Pre-approved usually means no more than that your name is on a mailing list. We're ex-bankrupts with a credit history that would make the national debt look like pocket money, and we get them all the time.

It still means you have to apply and be accepted in the usual way for whatever it is they're offereing.

[what..the?]

I left Natwest last year because they annoyed the hell out of me, I had been with Natwest since getting my first job at 18 yrs old since then I had a current account and then later on top a student account and was never overdrawn once on either. But then all of a sudden they started pulling me into offices to 'help' me when they were trying to get me to agree to opening a different account which cost me money??? They would keep me there against my will telling me all the upsides and not mentioning any cost, and all I would say is if it costs me anything I m not interested ok!!

One day last year I went into the back to deposit some money and the guy behind the glass would not stop quizing me and telling what they could do for me, I said Im not interested, he continued to force me I said please just do what I have asked and process my deposit I am late for work he kept on at me and became quite rude.

Even though I was late for work I went straight over to the customer service desk and asked to close both my accounts straight away!!

[Catso]

Our joint account is with NW, and like you, what..the, they kept hassling us about 'better' accounts and asking us to 'call in for a chat'. We told them if they didn't stop the hassle we'd leave them. It does seemed to have stopped now.