Foreign Perspectives

However, during the last year we happened to get an Auchan loyalty card and about a week ago received the French equivalent of a pre-approved credit card application from them. It said on the letter that all we needed to do to collect the card was to bring along the letter with the attached sample card to Auchan with proof of ID and bank details. Frankly, we didn’t believe that it would be that simple. Besides this being the land of documentation mountains, we had previously tried to open a savings account with Auchan and couldn’t provide them with enough documentation so we figured that there was no way they’d actually issue us with a credit card.

Anyway, as the offer expires in a week or so, yesterday we went to Auchan (similar to a really big Tesco) out of curiosity.

They took the letter, asked us how long we’d been living here, how long we’d been working here and in under 20 minutes we walked away with a credit card with a EUR 7500 limit on it!

Given the lack of credit referencing facilities in France, this seems incredibly stupid of them. After all, the only information that they could check was my passport, address (from the loyalty card letter), and bank details. They didn’t even ask anything about our income or even proof that we were working here for that matter. Also odd is that whilst we use Carrefour every week and have had their loyalty card for well over two years they haven’t come out with any invitation for their card yet we’ve had the Auchan loyalty card for under a year and only go there maybe once a month.

As it’s a French card, the facilities that it has are quite different from those on offer elsewhere in the world. We kicked off with a 10% discount voucher for our first trolleyload put through the checkout plus a EUR 15 gift card so we’re already ahead. As it’s an Auchan card, it also comes with a 10% discount on any Auchan products bought on Tuesdays. Naturally, it comes with a charge: EUR 8 per year from next year which is about typical for store cards issued here. Other odd features are that after 3 months we can get a EUR 300 bank transfer from the card to our bank account and after 6 months we can use it in the ATMs in Post Offices here. Interestingly, there doesn’t appear to be a cash advance fee for that though obviously there are interest charges.

However, by far the biggest advantage of the card is that we can now use the checkouts reserved for Auchan cardholders. Thanks to the loyalty that the French have to their own banks, these particular checkouts rarely have any queue at all.

Our next challenge is to get it upgraded to a proper Visa/Mastercard.