Where eligible, you are able to include a request for a new Credit Card in a Loanapp submission. The Credit Card detail is captured in the Loan section of your submission. Where Products allow for Credit Cards to be included as an additional product, a New Credit Card option will appear on screen as a selection:
By ticking this selection, your submission will also apply for the new Credit Card:
You will need to confirm that you have provided all the relevant detail and documentation to your applicants and discussed all preferences:
You will be able to nominate a preferred Credit Card feature:
The preferred Credit Card type, and limit:
And Cardholder details:
Depending on your selections, you may be required to add further detail and/or confirm you have had necessary discussions with your applicants:
Note that where a Credit Card is applied for, your applicants country of Tax Residency is required to be captured. You will be presented with a Yes/No question in the credit card section:
And where your applicant has Tax Residency outside of Australia, the country of Tax Residency will need to be nominated:
For full detail on Tax Residency data capture, please click here.
When you generate your application form, you will note a new section will be included in the form detailing the Credit Card Application:
Credit Cards can be included in a submission only where the applicants are eligible. Credit Cards are not available where:
Guarantors cannot be the Primary Credit Card account holder. |