Why is it so difficult to apply for a credit card from the four major banks?

Why is it so difficult to apply for a credit card from one of the four major banks?

1: I have worked in a certain bank for about one and a half years. The four major banks are different from other joint-stock banks. Commercial joint-stock banks can handle it as long as their credit report is not bad. However, the four major banks Different, all banks are the same. As long as you deposit in a certain bank, you will be divided into silver card customers or gold card customers, whitelist, and of course VIP customers. Different customers have different credit card limits when they go to the bank. To be precise. It is said that the richer you are, the more credit lines you can get from the bank. The poorer you are, the more stringent the bank's risk approval department will be.

2: Credit cards require users to use different amounts of money in installments, thereby generating relative interest and making money

1: In layman’s terms, credit cards promote consumption by young people, and banks Earn more returns by taking depositors' money and lending it to people in need of loans or investing. Banks do not make money when young people repay their money on time for normal consumption. Banks like to let customers pay installments, so you can often receive Banks call you to ask you to make installments. The main businesses of the four major banks and other commercial banks are different.

2: For example, if a bank applies for a credit card, it can be approved as long as it is a white account. Their credit card usage is among the top in the country, and credit cards account for a large part of the business profit. Some banks will not allow you to apply for a white account. You must have used a credit card for more than a year before you are eligible to apply. The four major banks do not need to make money through credit card credit limits. You can use the credit limit, but if you don’t use it for a long time, It is also a loss for the bank. If you don’t use it, the bank might as well lend the money to people who need it more and earn more interest.

3: Basically, the credit limits of the four major banks are very low. I have seen many people who have just purchased a card and have a limit of one thousand or two thousand, but as long as they are rarely used, plus the savings from the credit card issuer, There is a deposit in the card, and the basic limit can be increased quickly. As long as the customer is not short of money, the credit card limit can be increased very quickly. When one day you use a lot of credit cards, the post-loan management of the credit card will be able to find out whether you have used too much every month. You will be classified as a risk customer by the bank. If you have used online loans, you will be classified as a high-risk customer by the bank. Borrowing is also an online loan. If you have too many credit cards, you will be rejected, because in the eyes of the bank, you are a risky customer. Banks like qualified customers

3: Can the approval rate be increased if you apply for a credit card correctly?

1: Some banks can apply for it if you have a bare account, some banks require you to use the card for more than half a year, some banks have industry restrictions and will restrict some industries from applying for cards, and some banks prefer people with academic qualifications. Customers, some banks like customers who use less credit cards, and some banks like whitelist customers who have debit cards in their bank, so you need to understand the approval conditions of major banks before applying for a card. Some banks cannot handle the data in a messy manner. Some friends said that they were overdue five years ago and then paid it off, but there was no record of it in the credit report. Why can't they still get it done? That's because in the eyes of the bank, you are a high-risk customer and the big data is not good.

2: Some friends say: "If you don't have a credit card, you will be rejected as soon as you apply online." In fact, it is not the bank that rejects you. It’s the system, what we commonly call instant rejection, big data is messy, and the system can’t be entered. Now I’ll teach you a little trick, keep it up for a while, go to a bank where you have deposits, then go to the branch to apply, and it will pass. Four The same is true for big banks. If you have a bank debit card with them, and you have deposits and a large turnover, it is very easy to go to the branch to get through, and the credit limit is also high

The difference between domesticated and wild ones

Is it okay? I applied for ten credit cards at one time, canceled four of them, my friends used two, and I kept four. It is not used very often and is mainly used on construction sites. Both Bank of China and ICBC have it, but I have not applied for it from Agricultural Bank of China and China Construction Bank. I have generally applied for it from other banks. All the small-amount ones were sold, and the remaining ones were kept as backup

CCB is relatively easy to handle. Although the limit is not high, the handling fee for line withdrawal is lower.

It’s not difficult. The key depends on one’s credit qualifications. I got all of them from the four major banks. I applied for the China Construction Bank Long Card first, then I applied for the ICBC (because the limit was low, I canceled it, and the ICBC application was not approved again.), and then I applied for the Agricultural Bank of China and Bank of China.

Look for the reasons why you always fail to apply for a credit card from the following five aspects

If you always fail to apply for a credit card, if the card applicant is eager to use the card, he may be in a hurry and seek medical treatment. , go to a black intermediary to apply for a card. In fact, this is not a solution to the problem, and may even betray you. Today I have compiled the top five reasons why credit cards are declined, and see why you are the reason.

1. Whether you meet the card issuance conditions

There are many types of credit cards, and different card types have different application conditions. If you only have the basic conditions for applying for a card, then you may not be able to apply for a credit card. Will fail. For example, for a car owner card, you must have a car, and for a high-end credit card (platinum card), you must have strong financial strength.

2. The amount of application materials

When banks review the qualifications of card applicants, they will take into account many factors, such as income, housing conditions, job stability, and academic qualifications. Level, family conditions, etc., you should pay attention to the skills when filling out the application form. In addition, providing additional proof of financial resources can give you extra points when applying for a credit card. Simply providing ID card, proof of employment, and proof of income may result in the application for a credit card being rejected.

3. Applying for too many passwords in a short period of time

The reason why you always fail to apply for a credit card is that after you applied for a credit card for the first time, you did not understand the reason for rejection in a short period of time. Applying for a credit card repeatedly within a period of time will only trap you in a vicious cycle of credit card rejections.

4. Is your credit record good?

If your credit record is stained, it is normal for your credit card application to be rejected. Banks will directly reject cards for people with credit problems. Unless you can provide a "non-malicious overdue certificate", you can only apply for a credit card again after 5 years when your credit record is cleared.

5. Other reasons

Summary: Why do you always fail to apply for a credit card? I hope the five reasons listed above can help you. There are techniques for applying for a card. In addition to the above reasons, choose Appropriate application channels are also key. If you apply for a card through a third-party platform authorized by the bank, you may get unexpected surprises!

Why are several credit card applications failed to be approved? These are all possible reasons

Many people think that it would be easier to apply for a card after already having a credit card, but in fact this is not the case. In real life, there are many examples of applications that already have a card and are rejected. , you need to find out the reason carefully, otherwise the bank may not give it to you next time. So, why are several credit card applications failed to get approved? Let’s take a look.

Why are several credit card applications failed to be approved?

Whether you apply for a card at the same bank or a different bank, the key to whether it can pass the review depends on your personal credit conditions and the usage of the credit card. In the following situations, there are It is difficult to get approved when applying for several credit cards.

1. The personal repayment ability is not good. For example, when applying for a new card, there are many large unpaid debts, such as existing large overdrafts, or borrowing many small loans that are listed on the credit report. It takes more than 50 yuan of salary to repay the debt every month. My personal repayment ability is seriously insufficient and there is a great risk of borrowing.

2. If you focus on applying for cards during a certain period of time, for example, if you apply for more than 3 credit cards at the same time in a certain month, multiple hard inquiry records for credit card approval will be left on the credit report. This means that if the applicant does not apply, he or she may intend to use the card to maintain the card, and he will definitely not be willing to approve the card.

3. If you receive a credit card but do not activate it, the bank cannot judge the creditworthiness and repayment ability based on the card usage. In addition, if the credit card is not activated, the credit report will be issued. , for the bank, it means that the cardholder has no need to use the card, and it is a waste of bank resources, and it is very likely that the card will not be approved again.

4. There are illegal card usage behaviors, and many people use credit cards to repay. The bank can judge whether it is a violation of credit card usage and repayment amount in the past 6 months based on the credit report. If you are using the card in a standardized manner, if you find someone using it to cash out, you will be added to the blacklist. Not to mention applying for another card, even the existing credit card may be blocked.

The above is the relevant introduction to "Why the application for several credit cards cannot be approved". I hope it will be helpful to everyone.

Why can’t I apply for a credit card?

Failure to apply for a credit card does not necessarily mean there is a problem with your credit report. If you can't get a credit card, there may be a problem with your credit report, but it's not certain. Generally speaking, there are three reasons for credit card rejection:

1. Reasons for the applicant’s basic information, such as under 18 years of age, occupation that is prohibited for bank credit cards, insufficient information provided, and insufficient salary information wait.

2. Reasons for the applicant’s credit reporting, such as multiple overdue behaviors, multiple unpaid loans, etc.

3. Other reasons, such as high debt, failure to meet bank requirements, etc.

1) If applying for a credit card, the customer must be over 18 years old and have full civil capacity; and maintain Good personal credit; stable and legal sources of income and the ability to repay on time. However, if you are under 16, you will need to be accompanied by your parents. If you choose to operate a premium platinum card, there will be stricter requirements on the customer's economic and financial level. If you only apply for a savings card, there are no requirements. Customers can bring their personal ID cards to the outlets.

2) Some bad credit records will be permanently on the credit blacklist, which means that you will never be able to get a credit card and borrow a penny from the bank. For some bad credit records, after paying off the debt in full (including overdue penalties, interest and compound interest), there will be no overdue records within 5 years, and all bad records will be automatically cleared after 5 years. That is to say, you cannot apply for a credit card within 5 years, but you can apply for it after 5 years. In some cases, a credit record is perfectly fine, but a credit card cannot be processed.

3) Credit cards are divided into credit cards and quasi-credit cards. A credit card that allows you to make purchases first and then refund the money within your credit limit. A certain amount of petty cash must be deposited into a quasi-credit card. If your petty cash is not enough to cover the expenses, you can overdraw your credit card up to a specified credit limit. The difference between debit cards and credit cards: Credit cards (consumer credit products) consume first and then repay, while debit cards deposit first and use later; credit cards can be overdrafted, but debit cards cannot be overdrafted; credit cards have revolving credit limits, but debit cards have no revolving Credit limit; (Revolving credit refers to the amount approved by the bank for the cardholder. The cardholder does not need to repay the amount owed within the limit. Only the specified minimum repayment amount can maintain a good credit record and re-use it. . The credit limit of the cardholder.)

This is the end of the introduction on why it is so difficult to apply for a credit card and why it is so difficult to apply for a credit card. Did you find the information you need?