At present, many people will apply for credit cards for 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. So why can't the elderly get a credit card?

1. insufficient consumption power. Many banks believe that compared with young adults, the spending power of the elderly is not enough, so the income may not be good, so the elderly will not be allowed to apply for a card.

2. There is no economic source. The elderly are basically retired at home without a job, so for banks, they have no stable source of income and can't provide proof of work income, which is also an important reason why banks refuse to apply for cards for the elderly.

3. The repayment ability is insufficient. 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 someone to make up the outstanding money. Moreover, the general reaction and memory of the elderly are not as good as those of the young, so it is easy for the repayment to be overdue because of forgetting.

4. There are certain risks. If the elderly do credit cards, there will be certain risks, because the phenomenon of credit card theft is frequent. If the elderly do credit cards, criminals may target the elderly. In order to avoid risks, banks will not let the elderly apply for cards.

that's all about why the elderly can't get a credit card. I hope I can help you.