China Merchants Bank is one of the most well-known commercial banks in China. Many people choose China Merchants Bank when applying for credit cards or loan services. However, some cardholders report that China Merchants Bank has not approved their credit card applications. So, What should I do if my credit card application from China Merchants Bank is not approved?

What should I do if my credit card application from China Merchants Bank is not approved?

China Merchants Bank’s credit card application is not approved. Different solutions are given based on different reasons. The details are as follows:

1. Age does not meet the standards. The bank requires applicants for the main card to be over 18 years old and applicants for the secondary card to be over 16 years old. Solution: You can apply for a supplementary card and find a relative who meets the requirements to apply for the main card.

2. Job stability. All credit card applicants are required by banks to have a stable job and income, and to have a certain ability to repay. Solution: You can fill in your house and car certificates. The more assets, real estate, cars, deposits, and securities, the better off you will be.

3. Income situation. The repayment ability mainly depends on your income. As long as it matches your position, the higher the salary you write, the higher your score will be. Solution: Submit your pay stub as proof or apply for a lower-tier credit card.

4. Credit record. The bank will check the applicant's personal credit profile and will probably not issue a card if there are multiple overdue records. Solution: The bank will focus on the records of the last two years, as long as the cardholder pays off the previous debt and no longer overdue in the last two years.

5. Apply for a card frequently. Applying for a credit card repeatedly within a short period of time will be considered high risk by the bank, and the credit card application may be easily rejected. Solution: Apply again after a while.

6. If the applicant’s job or financial information changes, he or she can resubmit the application information after 3 months.

The above is all the content, I hope it will be helpful to you.