This may be for delayed presentments, taking a new payment on a card that no longer exists shouldn’t be possible (excluding the above).
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It’s most common that you’ll get a refund but also a merchant can force through a pending transaction (which is rare, but can happen). If either happens, then we’ll let you know so we can either repay you or request any outstanding payment.
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Followed by:
Think the most disappointing part is there’s no alternative way to verify income, other than relying on two variable methods, resulting in 90% declines.
Something is broken, and I’d imagine Yonder won’t be around for much longer.
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Pardon the stupid question, but how do you verify income through a credit check?
Like the payments you make on a credit card? i.e if I pay £50 off of my credit card they would see that?
Or do you mean banks report credits to your account on your credit file, etc?
If they report money coming into my account, it’ll be enormous! I pop £2000 into Lloyds to get Disney so that £2000 comes back in again (so effectively £4000 appearing to come in). That’s not even counting proper income!
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Banks get to see account (current account) revenue turnover, something we as consumers don’t see on our reports.
I’m paid to revolut so probably part of the problem.
Some months i’ll have sent my salary around a few times to get a switch reward, never knew that worked that way!
I was paid to Barclays the majority of the last 12-24months before coming back to Monzo, and although my Barclaycard shows on my report my current account does not (weirdly), so maybe thats why I was also rejected from Yonder
Out of curiosity theres no way to see your report with those numbers? And is it not a worry that some lender could get overzealous about lying on an application form while being paid into Revolut and blacklist you?
That’s just bonkers. Thanks to meeting Lloyds et al requirements, I had over £13000 coming into my account in June and I definitely don’t get anything like that in actual income.
Thing is they aren’t internal transfers. Just counting Chase, it goes to Lloyds and Co-op for me and usually bounces back and forth to other accounts when the rest of the family are doing the CASS offers (so not all coming back from an account in my name). But then there’s the rent income and money from the wife as well.
As I say it cleared £13000 in June and was over £17000 in May.
It’s quite possibly my credibility goes unnoticed as my salary is infrequent on reports.
Pretty crazy how none of the consumer-facing sites talk about this, almost as if it doesn’t exist
But this corporate facing one explains how it’s used pretty well
Edit: nevermind, that’s for businesses but seems to be the same?
Might be worth moving your salary to a bank and transferring it into Revolut each month.
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Yeah, never really thought about it but makes sense.
Unsure if Chase or Lloyds.
First direct would be nice but they don’t seem to want available balance on the Home Screen.
If your looking for a better credit limit/card Lloyds usually tells you straight up on the eligibility checker that they’ll be much more likely to accept you if you use your current account as a main account, likely with the MBNA etc groups aswell
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Yep, but so far outside of cards like Aqua I’ve only seen nice limits from banks that were the main account, ie NatWest, Lloyds, Barclays
And have always been quick to remove overdraft facilities after I stopped using them for the main account aswell
I forget about that 
Anyone know if this is something actually taken into account in the scoring systems of larger banks?
Nationwide offered me a credit card with a huge limit (which I reduced to £3500) but then they have 15 years worth of banking history for me.
It’s not a very nice design though @Carlo1460 
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Child & Co it is.
The rewards are better there, and may upgrade to Reward Platinum and drop Max.
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