The reasons for the failure of credit card application may be: short working hours, high debt, frequent short-term application, remote online application, etc.

Short working hours

This does not mean the accumulated working hours, but the working hours of the existing units are too short. Some people often change jobs and may apply for a credit card after working in their existing company for a few months. When the bank inquires about the credit report, it finds that the job information filled in this time is inconsistent with that in the credit report, and the interval is less than half a year, so the probability of rejection will be high, because the bank feels that the applicant's job stability is not very good.

High debt

Some people have good conditions, cars and houses, and high incomes, but often these people also have a lot of debts, mainly credit cards and credit loans. Some people's credit cards have been maxed out for more than 80% for a long time, or have extra small loans, and the monthly repayment amount exceeds the monthly income. Some banks are worried that the applicant's repayment ability is insufficient, and generally refuse or approve cards with extremely low amounts.

Frequent short-term applications

Some people apply for credit cards or loans many times in a short time. When the bank finds that there are too many inquiries recently, it will judge that the applicant is extremely short of funds and the risk will be higher, thus refusing to approve the card. According to the current regulations of most banks on the number of credit inquiries, the maximum number of credit card applications per month is 2, and the number of semi-annual loan inquiries is 1. If it exceeds this number, there is a great possibility of rejection.

Remote online application

At present, many people apply for credit cards online, but most banks require local outlets. Some people apply for a remote credit card online, but they are not directly rejected by the system, or they may not be able to open the card after the later period. Therefore, it is best to apply for a credit card with local bank outlets to ensure the pass rate, and then apply for a credit card without outlets. Some banks can issue cards.

Other reasons

In addition to the above common reasons, there are also some personal improper operation or objective reasons that lead to rejection, such as incorrect information and other negative information of the applicant. At the same time, banks will adjust the approval requirements according to their own needs, and the pass rate of handling cards at different times will be different.

Reasons for failure of credit card application

Credit card application failed, which may be due to the following reasons:

1, the application conditions do not meet;

2. Inappropriate information;

3. Have a bad credit record;

4. The comprehensive score is not enough;

5. Irregular card handling;

6. Too many credit cards;

7. The debt ratio is too high.

If it is because the applicant's repayment ability is not enough, it will involve two aspects. One is that the applicant's income is too low, then the bank will refuse the visa;

On the other hand, it is whether the applicants' jobs are stable, and many applicants have high incomes. However, due to the unstable source of income, banks will worry about the applicant's future repayment ability, and may also refuse the visa.

Credit card application

In most cases, citizens with full civil capacity (citizens aged 65-438+08 in Chinese mainland) who have a certain direct source of income can apply for a credit card from the issuing bank. Sometimes, legal persons can also act as applicants.

The object of applying for credit card can be divided into units and individuals. Applicants should be organs, enterprises and institutions, foreign-invested enterprises and individual industrial and commercial households with independent legal personality in China.

When applying for a credit card, each unit can get a main card and multiple (5- 10) supplementary cards as needed. Individuals applying for credit cards must have a fixed occupation and a stable source of income, and provide guarantees to banks. The forms of guarantee include personal guarantee, unit guarantee and personal fund guarantee.

The application method is generally by filling in a credit card application form, which generally includes the applicant's name, basic information, economic situation or income source, guarantor and its basic information.

And submit some copies of certificates and vouchers to the issuing bank. After filling in the application form truthfully, the customer shall submit the completed application form and relevant credit certificate.

A credit card contract is attached to the application form. The applicant authorizes the issuing bank or relevant departments to investigate the relevant information, and submit the information authenticity statement and the privacy protection policy of the issuing bank. , and must have the applicant's autograph.

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After receiving the application form and related materials submitted by the applicant, the issuing bank shall review the applicant's credit standing. The contents of the audit mainly include whether the contents of the application form are true, evaluating the credit degree of the applicant, and auditing the relevant information of the personal guarantor.

Usually, the bank will review the information and economic situation of the applicant according to the application materials to judge whether to issue a credit card to the applicant. The factors considered include the applicant's past credit record, the applicant's known assets, professional characteristics, etc.

The specific factors and process of the issuer's audit are trade secrets, which are generally difficult for the outside world to understand. Different card-issuing banks have different standards. Therefore, the same materials may have different credit lines and different types of credit cards in different banks, and even some banks will pass the examination and some banks will refuse to issue them.

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

Why do credit cards always apply, but

Many times, credit card applications are rejected for both objective and subjective reasons. On the one hand, banks sometimes have strict auditing standards for applicants, or control the amount of cards issued in order to optimize risks; On the other hand, it may be that the applicant's own conditions do not meet the requirements of the bank and his credit record is poor, which leads to the rejection of the application. Details are as follows:

1. The applicant's age does not match: the credit card applicant must be a China citizen who has reached the age of 18 and has full civil capacity.

2. The applicant's work income does not match: the applicant must have a stable job and a legitimate source of income. If you have a job and income, you can guarantee that the applicant will pay off the credit card account.

3. The applicant's personal credit does not match: the bank will review the applicant's personal credit. If the personal credit is tainted, the bank will not pass the application.

4. Unable to contact the applicant: the bank will contact the applicant several times during the audit period to verify his personal situation. If the applicant's mobile phone number or address reserved in the bank is wrong, and the bank cannot contact the applicant, the bank will not approve his credit card application.

5. The applicant's health reasons: If the applicant has health problems, the bank will control the risk of the applicant during the review and consider whether to apply for a credit card.

6. The applicant's assets: If the credit card amount applied for is relatively high, the bank will ask him to provide corresponding assets certificates, such as real estate license, automobile driving license, stock securities, bank deposit certificates, payroll, etc. If the personal assets applied for do not meet the threshold conditions for applying for a credit card, the bank will not pass.

7. Frequent submission of applications: Applicants frequently apply for the same bank credit card, and submit the application form or cancel the submission many times, which is also the reason why the credit card application is not enough.

What is the reason why my credit card application failed?

1. Age limit: You must reach the required age to apply for a credit card. Most credit cards are applied for at the age of 18-60. If the age does not meet the requirements, you will not be admitted.

2. Card restrictions: Some special credit cards are issued for specific people, such as student cards and ladies' cards. You can't apply for this card unless you meet special conditions.

3. Bad credit: Banks applying for credit cards will definitely check their personal credit reports. If there are bad records in the credit report, then the card will definitely be rejected.

4. Insufficient assets: Some platinum cards have higher requirements for the applicant's assets, but ordinary office workers will be rejected because the asset level and income level are not up to standard.

Extended data:

Precautions:

The application form also needs to fill in references. At this time, it is best to fill in a friend who holds a high-end card of this bank and use this friend's reputation to increase the chips for applying for a credit card.

According to the information provided by the applicant's data and the applicant's credit, the bank conducts an audit to find out whether the data is true or not. You can receive the credit card about 15-20 days after the application is successful. (Because bank cards are made after success, it takes time to send them. )