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Hmm... I've been #6000 or so on their waitlist for a card here in Australia for the past 9 months. I've emailed them a couple of time but just been told "be pa
by cyberferret 8y ago
Hmm... I've been #6000 or so on their waitlist for a card here in Australia for the past 9 months. I've emailed them a couple of time but just been told "be patient". Apparently I can skip 5000 ahead in the the line by referring a friend to their service - however the sheer length of delay and these recent incidents have motivated me to simply cancel my wait for their service.
Perhaps I should check the wait list count again to see if they have had a swathe of cancellations lately? Then again, I am half convinced this is just a made up wait counter to increase the FOMO factor.
EDIT: I am actually #9750 on the wait list, and can bump myself up 6610 places with a referral. About the same as 9 months ago.
- aussiegeek 8y agoGetting a license to take deposits in Australia isn't easy. And then there was the banking royal commission which isn't going to speed things up. If you are after this sort of thing, have a look at Up
- cyberferret 8y agoI ended up signing with Xinja. There was a wait period there too, but I think it was no more than a month for them to sort out the regulatory approval to be a 'bank' and send a card out to me. Probably easier for them being an AU based company.
- ValentineC 8y agoDid they make you commit anything apart from an email address for your spot in the "waitlist"? I'm guessing that their waitlist is nothing more than a low-effort MVP to convince a regulatory body that the residents of a country want their service there.
- cyberferret 8y agoI believe it was just name and email to register interest. Haven't filled in any additional application or financial details as far as I can remember (it was so long ago now that I applied).