What are the requirements for applying for a credit card?

1. There are certain age requirements for applying for a credit card: you must have full civil capacity, that is, you must be 18 years old and above;

2 .Have legal and stable income and good credit;

3. Provide corresponding identity documents: copy of ID card or military officer's certificate;

4. Work certification documents. Some banks also require proof of income and financial resources. Proof of financial resources can include a copy of the real estate certificate, a copy of the motor vehicle driving license, a bankbook, etc. Anyway, the proof of financial resources depends on the individual's repayment ability, which is easier to handle;

5. The proof of residence can be a copy of the household registration book, or a certification document issued by the street, or other certification materials. This is easier to do;

6. There is also an application form for applying for a credit card.

Legal basis:

Notice of the People's Bank of China on matters related to credit card business: Bank card clearing agencies should work with card issuers and acquirers to strictly follow the relevant regulatory regulations on bank card business. Further improve the rules and technical standards for credit card transactions. Each card issuer and acquirer should truly reflect and accurately identify business types such as cash withdrawals, cash transfers, cash recharges, etc., completely transmit transaction information, and ensure the authenticity, completeness, traceability and consistency of transaction information in the payment process. , to facilitate card issuers to identify and judge risks and ensure the safety of credit card transactions.

Article 35 of the "Commercial Bank Law of the People's Republic of China": Commercial banks shall strictly examine the borrower's purpose of borrowing, repayment ability and repayment method when granting loans.

Commercial bank loans implement a separation of review and loan approval and a hierarchical review and approval system.

Article 36 of the "Commercial Bank Law of the People's Republic of China": For commercial bank loans, the borrower shall provide guarantee. Commercial banks should strictly examine the repayment ability of the guarantor, the ownership and value of the mortgage and pledge, and the feasibility of realizing the mortgage and pledge.

After review and evaluation by a commercial bank, it is confirmed that the borrower has good credit and is able to repay the loan, and no guarantee is required.

Article 37 of the "Law of the People's Republic of China on Commercial Banks": A commercial bank shall enter into a written contract with the borrower when granting loans. The contract should stipulate the type of loan, purpose of loan, amount, interest rate, repayment period, repayment method, liability for breach of contract and other matters that both parties deem necessary to agree upon.

What are the requirements for applying for a credit card?

To apply for a China Merchants Bank credit card, you need to meet the following conditions:

1. Aged between 18-60 years old, with complete Capacity for civil conduct;

2. Be able to provide a valid identity document. Foreigners, Hong Kong, Macao and Taiwan residents living in China can provide relevant identity documents such as passport, residence permit or employment certificate;

4. Good personal credit status and no bad credit record;

5. Other conditions or regulations required by China Merchants Bank.

China Merchants Bank Credit Card has created more than a hundred new products and services, adheres to the promotion of cross-industry cooperation model, and has successively cooperated with leading enterprises in different life fields such as department stores, tourism and sports consumption industries to provide cardholders with People provide products and functional services in a dual sense. In September 2007, China Merchants Bank took the lead in proposing the "five-fold security" credit card service concept, consolidating its leading brand position in the industry.

What are the requirements for credit card application?

To apply for a credit card, you need to meet the following three conditions:

1. Age requirement: Generally, you must be over 18 years old. Citizens, you will need to submit proof of identity.

2. Have stable repayment ability: You are generally required to provide proof of employment and income. In order to increase the application success rate and credit limit, it is generally recommended to provide proof of owned property, owned vehicle, bank Proof of assets, etc. Each bank has different standards for issuing cards. It depends on the bank's requirements.

3. Good credit status: This means that you have no bad credit record. The bank will check this condition on its own.

Credit card application process:

Credit card applicants can be divided into units and individuals. Applicants should be institutions, enterprises and business units, foreign-funded enterprises and individual industrial and commercial households with independent legal person status in my country. Each unit applying for a credit card can receive a main card and multiple (5-10) supplementary cards as needed.

To apply for a credit card, an individual must have a fixed occupation and a stable source of income, and provide a guarantee to the bank. The forms of guarantee include personal guarantee, unit guarantee and personal capital guarantee.

The application method is generally by filling in a credit card application form. The content of the application form generally includes the name of the applicant, basic information, economic status or source of income, guarantor and his/her basic information, etc. And submit certain copies of certificates and certificates for issuance. After the customer fills in the application form truthfully according to the content, the customer must also submit the relevant credit certificate while submitting the completed application form. The application form is accompanied by a contract for using the credit card, the applicant authorizes the issuer or relevant departments to investigate its relevant information, and submits a statement on the authenticity of the information, the issuer's privacy policy, etc., and must have the applicant's signature.

Information

(1) Information of the principal cardholder.

(2) Supplementary card applicant information.

(3) Guarantor’s information.

(4)Other information.

(5) Statement and signature of the principal card applicant and supplementary card applicant.

(6) Bank special column.

Review

After receiving the application form and relevant materials from the applicant, the card-issuing bank must review the applicant's creditworthiness. The content of the review mainly includes whether the content of the application form is true. For the applicant, the creditworthiness of the applicant must be assessed. For individuals, the relevant circumstances of the guarantor must also be reviewed.

Usually, banks will judge whether to issue a credit card to the applicant based on the application information and various aspects of the applicant's information and financial situation. Factors considered include the applicant's past credit record, the applicant's known assets, professional characteristics, etc. The specific factors and process of issuance review are commercial secrets and are generally difficult for outsiders to understand. The standards of each issuance are also different. Therefore, the same material may be issued by different banks with different credit limits and different types of credit cards. Some banks may even approve the application while others may reject it.

Card Issuance

After the applicant successfully applies for a credit card, the cardholder will open a separate credit card account at the card-issuing bank for settlement after shopping, consumption and cash withdrawal.

Card opening

Since the credit card application is sent by mail, etc., there is no guarantee that the recipient is the applicant. In order to protect applicants and banks from fraud losses, the credit card has set up a card opening procedure before it is officially launched. Opening a card is mainly done over the phone or online

This is the end of the introduction about credit card application qualifications and what it means that credit card application qualifications have been issued. Did you find the information you need?