For credit cards, there are also levels between them. At present, it is easier to apply for the bank's regular and gold cards, but the application threshold for the platinum card is much higher, and it is easy for ordinary people to get rejected. So, what will happen if you apply for credit cards frequently?

What will happen if you apply for credit cards frequently?

Applying frequently for credit cards in a month will affect your credit report. A person can apply for no more than 3-5 credit cards. And don’t focus on applying in just one month. If your card is rejected by the bank, you must wait at least 3 months before applying again. And every time you apply for a credit card, there will be corresponding records in your credit record. Frequent applications for credit cards will make the bank think that the applicant is short of money during this period. In order to avoid risks, the bank may directly reject the application.

In general, applying for credit cards frequently in a month will affect your credit score. It is best not to apply for a credit card more than three times a month and no more than 12 times a year. If a user's application for a credit card is rejected, it is best to wait at least three months before applying again.