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Will there be a text message notification if the credit card is not approved?

There will be.

When the bank processes a credit card application, it will send a text message notification to the user. This is to ensure that the application result is communicated to the user in a timely manner. When a credit card application is submitted, the bank will review and evaluate the information. If the application fails to be reviewed, the bank will send a text message notification to the mobile phone number reserved in their system.