Nowadays, many people apply for credit cards, sometimes even multiple ones. Without understanding the details, they only think that there are only two types of credit card applications: rejection and success, without considering the dangers behind it.

1. Failure to apply for a credit card

There are many reasons for failure to apply for a credit card, such as insufficient qualifications, short intervals between applying for multiple credit cards, etc., which often affect the applicant's credit card application. Credit, making the bank suspect that the card applicant has maliciously applied for the card.

2. Successfully applied for a credit card

If you apply for multiple credit cards, if you are not careful, you will miss the credit card repayment date, resulting in overdue payment, which will also affect your personal credit report.

3. Frequently applying for credit cards

Frequently applying for credit cards will cause the applicant’s personal credit system to be queried too many times. Even if there is no bad credit record, it will leave a problem for the bank. Made a bad impression.

Relevant regulations for ICBC credit cards:

ICBC’s CIIS system will deduct points based on the number of credit card approvals and inquiries made by the applicant in the past three months, resulting in a score less than 700. It will automatically enter the gray list and no card will be issued.