If you are over 60, you may not be able to apply for a credit card.

The bank said: there are many clauses, which are not suitable for the elderly.

There are many credit card terms, and the elderly are not very clear about the use requirements and repayment interest of credit cards. Once they forget the repayment information, it will cause unnecessary economic losses and troubles.

Expert: It's more about interests.

The main business of a bank credit card is to earn the spread of the cardholder's failure to repay in full and on time. However, because the elderly spend less and repay less, they usually repay in full and on time, resulting in less credit card interest fees, late fees and excessive repayment. This is probably the real reason why banks keep old people out of credit cards.

Why do banks refuse to give credit cards (debit cards) to the elderly?

Banks issue credit cards (debit cards) to promote consumption and earn a little installment fee from consumers. However, many banks refuse to handle credit cards (debit cards) for the elderly; It stands to reason that many elderly people actually need credit cards (debit cards) and their spending power is good, but why do banks always refuse to handle credit cards (credit cards) for the elderly?

I think this is actually not difficult to understand. Because the bank's decentralization of credit cards (debit cards) depends on the comprehensive score. As far as the comprehensive score is concerned, the threshold for the elderly to apply for credit cards (debit cards) may be higher than that for young people.

Then, what are the high thresholds for banks to handle credit cards (debit cards) for the elderly?

I. Age

In the bank's audit criteria for applicants to apply for credit cards (debit cards), age groups are also scored. Usually, the scoring standards of most banks are: under 20 years old 15, 0 years old to 1 20-2 1 minute, 22 to 24 years old, 3 points, 25 to 30 years old, 7 points and 365438.

Why is it classified according to this standard? Because according to the normal age of 7 years old, if you go to college, you will not graduate until you are at least 23 years old. Therefore, people under 2 1 year-old, either students or people whose income and work are relatively unstable just out of school, will naturally not get high scores. 25-50-year-olds have begun to have some experience in social struggle, their income and working status will be more stable, they will also have some savings, their repayment ability will be stronger, and their scores will naturally be higher.

However, it is not difficult to see that the scores of people after the age of 50 began to decline again. That's because people after the age of 50 began to face problems such as aging physical function, suffering from serious diseases, spending money lavishly, difficulty in re-employment, retirement and so on. Therefore, it can be said that the older people are, the lower the guarantee coefficient of repayment ability in the eyes of banks, and the lower the possibility of credit card (debit card) being approved.

Second, repayment ability.

Many old people will have some savings after working hard for most of their lives. However, if there is no other source of income, these savings will be "empty" and non-renewable. Even if some old people can get pensions, they are likely to have headaches and brain fever when they are old. If you spend all your money, you may end up with your own life in question.

Therefore, in the eyes of banks, the older the elderly, the less they can guarantee their repayment ability; If the strength of its assets is not enough to reassure banks, banks will not issue credit cards (debit cards) to the elderly.

Three. Employment and income

Although, China has always stressed the need to extend the retirement age. However, in fact, many elderly people have been forced to retire from their jobs when they are unable to work at retirement age. After retirement, it is difficult for them to find another job and can't guarantee a stable income.

Therefore, for a person who can't even guarantee the stability of his job and income, the bank is of course a snob and is unwilling to issue credit cards (debit cards) to such people; What they are afraid of is that if they give it to you and you don't pay it back, they will suffer.

Fourth, personal credit information.

Many elderly people have no concept of personal credit reporting. Even if they have some knowledge, they will think that there is no data in the credit report. Then, I never lend money, and I don't apply for a credit card (debit card) to "add bricks and tiles" to my credit investigation, resulting in my being a white-handed credit investigation household for most of my life.

Although, for some elderly people, there is nothing wrong with being a white credit family. However, banks will not think this is a good thing. Because banks need credit data to judge a person's credit risk, if they don't even have a person's credit data, they can't judge his credit risk, and they won't risk giving him a card.

Having said that, how do the elderly solve the problem of handling credit cards? I have several suggestions:

1, Guangming Assets

The bank is not a charity and will not give you a card just because you need it. Therefore, if the elderly want to apply for a credit card (debit card) from the bank, it is best to show their assets. For example, when you apply for a card, bring your own real estate license, deposit flow and other materials. If your assets are enough to impress the bank, it is not difficult to find a way. It is recommended not to apply for cards online, because these cards cannot be provided online and are more likely to be washed away.

Step 2 use the child's secondary card

Now it is very common to handle several credit cards (debit cards) of the same type in the same bank. If the elderly need a credit card, do not prevent their children from opening a credit card (debit card) sub-card, and directly use the amount on their children's credit card (debit card) main card.

Finally, I want to say that banks are not charitable organizations, but "mercenary". Therefore, it is normal for the elderly to apply for loans or credit cards (debit cards).

Can't I use a credit card over 65?

no

1. Application conditions:

1, age 18 to 60 years old, with full capacity for civil conduct;

2. Have a good credit record;

3. Have working income and repayment ability.

Second, the application materials:

1, identity information: copy of resident ID card or military officer's card;

2. Proof of work and income;

3. Other financial certificates: such as a copy of the real estate license, a copy of the automobile driving license, a copy of the deposit certificate, etc.

Third, the credit card application method:

1, Counter application:

Bring a credit certificate to the counter to apply:

Require the applicant to submit a relatively complete asset certification document, and submit the materials to the bank for review by the bank's background audit department;

After approval, fill in relevant materials and identity information;

Issue credit cards.

2. Online banking applications:

The applicant opens an online bank with a personal savings card account and enters the bank official website;

Enter the login password and verification code to enter the online banking page;

Click "Credit Card Service", you can choose to apply for a credit card under the credit card service page, fill in the information and submit it, and the review progress and results will be displayed on the online banking;

After approval, credit cards will be issued.

3. Counter processing flow:

Go to the bank outlet that handles credit cards, or find the staff of the credit card center of the local bank and fill out the credit card application form. The contents of the application form generally include the applicant's

Name, basic information, economic status or income source, guarantor and its basic information, etc. ;

Submit copies of certain certificates and vouchers to the issuing bank;

After the contents of the application form are truthfully filled in, relevant credit certificates shall be submitted at the same time as the application form is filled in;

A credit card contract is attached to the application form. The applicant authorizes the issuing bank or relevant departments to investigate its relevant information and submit a statement of the authenticity of the information. issuing bank

Privacy protection policies, etc. , and must have my signature;

The credit card processing process is basically completed, waiting for the issuance of credit cards.

Why can't the elderly get a credit card? How long has the credit card been used?

Nowadays, many people will apply for credit cards for their daily consumption, but basically every bank has an age limit for handling credit cards, which leads to some elderly people who may want to apply for credit cards but can't. Then, why can't the elderly get a credit card? How old can I not get a credit card? I will answer your question today.

Why can't the elderly get a credit card?

Many banks believe that compared with young people, the elderly have insufficient spending power and the expected income may not be good, so they will not be allowed to apply for cards.

The elderly are basically retired at home and have no job, so for banks, there is no stable source of income and they cannot provide proof of work income, which is also an important reason why banks refuse to apply for cards for the elderly.

The physical condition of the elderly is certainly not as good as that of young adults, so in case of an accident, the bank can't find anyone to make up the money owed. Moreover, the general reaction and memory of the elderly are not as good as those of young people, and it is easy to forget and lead to overdue repayment.

If the elderly apply for a credit card, there will be certain risks, because the phenomenon of credit card being stolen is more frequent. If the elderly apply for credit cards, criminals may target the elderly. In order to avoid risks, banks will not let the elderly apply for cards.

Agricultural Bank, China Merchants Bank, Shanghai Pudong Development Bank, Minsheng Bank, Industrial Bank, etc.

Industrial and Commercial Bank of China, Bank of China, Bank of Communications, China CITIC Bank, China Guangfa Bank, Ping An Bank, China Everbright Bank and Huaxia Bank.

China Construction Bank.

1. Some banks can apply for a card as long as you can provide retirement certificate and monthly fixed income certificate. Of course, it is best to have a famous real estate, which makes it easier to get a card.

2. Older people can also apply for supplementary cards for their children. The age limit of the secondary card is not as strict as that of the primary card.

The above is about "why can't the elderly get a credit card?" How long has the credit card been used? "The answer. Banks don't allow old people to get cards. The main reason is that many elderly people do not have a stable source of income and their consumption repayment ability is insufficient. So most banks can't get a card over 60 years old.

Can I continue to use my credit card after retirement?

You can continue to use it as long as you don't exceed the age limit after retirement.

Usually, banks will limit the age of cardholders. For example, the Credit Card Center of Bank of Communications stipulates that the main card applicant must be 18-60 years old and have full capacity for civil conduct before applying for a credit card. In addition, some banks set the upper age limit for applicants at 65. After the personal age reaches the limit, you can only use credit until the end of the validity period, and you can't continue to apply after the validity period. You can't apply for a credit card after the age limit.

The reason why banks limit the upper age limit of card holders is mainly due to risk control considerations. The income ability of the elderly is not as good as that of the young. The use of credit cards has certain repayment risks, the health status of the elderly is unstable, and the future utilization rate of credit cards cannot be guaranteed. In addition, the elderly lack sufficient financial management ability and are prone to credit card theft for other reasons.

Every bank has very strict restrictions on the age of retirees. The following is a list of age limits for bank credit cards, that is, the age limit for credit cards:

This is the end of the introduction about why the senior citizen card can't be repaid by credit card and why the senior citizen card can't be repaid by credit card. I wonder if you have found the information you need?