Credit card approval process
1. Step 1: Internal evaluation of banks
First of all, the bank will input the basic information of the applicant into the internal evaluation system for preliminary evaluation.
If you have done business with banks before, such as handling savings cards and credit cards, applying for loans, purchasing wealth management products, etc. Then the bank can know if you are a good customer of the bank.
If it is a quality customer, the credit card is basically approved in seconds. If you want to be a high-quality customer of the bank, the most direct way is to deposit 500-65438+10,000 yuan directly, and the amount in the card is 30,000 yuan.
2. Step 2: Inquire personal credit information.
Credit card is actually a simple credit service. It can be said that applying for a credit card is no different from applying for a loan.
In order to reduce the bad rate of credit cards, according to the relevant (hard) regulations, banks must check the applicant's personal credit report.
It should be noted that in addition to overdue credit business, if there are too many credit inquiries, or the water and electricity bills are not paid on time, or there is a criminal record at the police station, it will affect the approval of credit cards.
3. Step 3: Personal comprehensive score.
Also called credit score, it is given by the credit scoring system of each bank, and the level of credit score will directly determine whether the bank will grant credit and the amount of credit.
As we all know, the higher the credit score, the greater the probability that the cardholder will get the card, and the higher the credit limit, and the bank's credit score standard is strictly confidential.
Step 4: Hold a credit card
Banks will refer to the applicant's credit status when approving credit cards.
At present, in addition to the four major banks and China Merchants Bank, other banks can "do cards with cards".
In addition, if the number of credit cards exceeds 5, it is difficult to use CCB cards unless the qualifications are excellent. The salesman of CCB also said that he could use a card.
After the application is completed, the bank counter should send it to the card distribution department regularly, and the card distribution center should send it to the credit card center regularly. The credit card center will review the information and conduct a credit investigation. If it meets the requirements, it will approve the card and make it, and then send it to you. These links take time, so it usually takes at least two weeks from your application to your receipt of the card, or two months.
If you are anxious to check the progress, you can go to the bank website to see if it has passed, or you can call the credit card department to inquire. If it has been approved, you can wait about 20 days to issue the card, and then send it by registered mail, which takes 7- 10 days, so the total process takes 45 days at the earliest and the cycle is about 45 days to 70 days.