Many friends don’t care about time when applying for a credit card. They think that you can apply for a card at any time, and it doesn’t make much difference when you apply for it. It is a big mistake to think so! Seize the opportunity to apply for a card and approve the card can be of great use. So should I apply for a card at the beginning of the year or at the end of the year? The editor below will give you a comparison and you will understand.

Is it better to apply for a card at the end of the year or at the end of the year?

In contrast, it is better to apply for a credit card at the end of the year, with a higher pass rate. There are two reasons:

First, the bank’s year-end summary depends on whether the credit business indicators set at the beginning of the year have been It will definitely be completed in the final stage, so the credit card threshold will be appropriately lowered to increase the number of cards issued, so that it will be easier to apply for a card at the end of the year.

2. The end of the year is the peak consumption season, especially when the Spring Festival is approaching. Regardless of whether they have money or not, many people want to buy things, clothes, and New Year goods. At this time, credit cards come in handy. The more banks earn by swiping the card, The handling fees are also high. Seeing that consumer demand is so strong, banks will also release some water. A little more water will allow more people to apply for credit cards.

Summary: From the above analysis, it is easy to see that the pass rate for card applications at the end of the year is relatively high. Friends who need to apply for a card, don’t miss this card application time!

What is the difference between applying for a card at the beginning of the year and at the end of the year?

As we all know, banks also have KPI performance appraisals, of which card issuance volume is the most critical point. Just like the beginning of the year is when the goals for the year are set, and the end of the year is when the sprint goals are set.

Therefore, applying for a card at the beginning of the year is a new annual goal. The bank has a lot of room to sprint for performance. It doesn’t matter if you take your time. The application threshold will not be relaxed easily; at the end of the year, the bank will not relax the application threshold. It's coming to an end. If the volume of card issuance does not meet the requirements, there will be a rising tide and the threshold for applying for a card will be looser.