I applied for a balance transfer card via the credit club and it said my application had been accepted and they would post the interest rates and length of promotional offers etc to me. I received this information (pre contractual information), however it didnt state a credit limit.
I called the company, as obviously I need to know the credit limit for a balance transfer.
The person I spoke to said they cant tell me the credit limit until Ive applied by signing the documents and returning to them. However I noticed that if I return the documents, I will then receive a credit card within a few days. Im confused by their use of the word application as in my mind, I have already applied and this is the information of the card they can offer me which I will receive (with an unknown limit) when I return the document signed.
So basically what Im asking is – is it normal to only receive a credit limit after you have fully opened an account? I dont want to open an account and physically receive a credit card only to realise the limit is not enough. Thanks!