Credit Tips: Can a Credit Card Application Be Cancelled Before Issuance of the Credit Card?

Posted On: February 1, 2006

Author: merry
Posted: Sun Oct 12, 2003 12:09 am
Post subject: Can a Credit Card Application Be Cancelled Before Issuance of the Credit Card?
I recently applied for a bank one credit card with a 0% APR on BT for one year and a 7.99% rate for purchases. Within a matter of hours, i realized that I did NOT want this card and called to have the application cancelled.
Customer service said NO, it was out of their hands. To make matters worse, I had asked for a $2000 balance transfer. I pray to the credit card gods that I get denied!
Any advice on how to stop this application??? Please help immediately!!!![/b]

Author: Aisha
Posted: Sun Oct 12, 2003 4:45 pm
Post subject: Can a Credit Card Application Be Cancelled Before Issuance of the Credit Card?

It depends on how long they’ve had the application in process. once you have the card see if you can catch it before they do the tranfers and see if they can cancel it or keep calling to see if it is approved and when they say yes, ask them to cancel it.

Author: Ira
Posted: Mon Oct 13, 2003 12:12 am
Post subject: Can a Credit Card Application Be Cancelled Before Issuance of the Credit Card?

No, you do NOT want your application to be denied. That would indicate a worse problem with your credit. Call again and if you still do not get satisfaction ask to speak with a supervisor or to the department that handles new applications. Of course you can cancel your application. The first person you spoke with was either uninformed or misinformed. Why do you not want the card? 0% balance transfer rate for a year sounds excellent to me. What’s the problem?