Not necessarily.

The reasons for failure to apply for a credit card are:

1. The applicant’s repayment ability is insufficient. The applicant’s insufficient repayment ability involves two aspects. One is the applicant’s income. High or low, if the applicant's income is too low and exceeds the bottom line of the credit card issuance limit, the bank will reject the application. The other aspect is whether the applicant's job is stable. Many applicants have a high income, but due to unstable sources of income, such as self-employed people, the bank will worry about the applicant's future repayment ability and may reject the application.

2. The applicant’s credit record is not good. The applicant’s credit record will also be an important reason why the credit card is not approved. No matter how high the applicant’s income is, how great his position is, or even his high assets, However, if the applicant's credit record is not good and there are many overdue records, then the bank will think that although the applicant has the ability to repay, there is a possibility of being a "laober", that is, he can repay the loan but does not. For banks, such cardholders are no more valuable than people who have no ability to repay, which will also result in the credit card not being approved.

3. The applicant does not have a card-issuing bank branch in the local area. Although the bank does not clearly state that applicants from certain areas cannot apply for a card when applying for a credit card, the bank will consider applicants who do not have a bank branch in the area when approving the credit card. The application information will be directly rejected.

4. Too many credit cards. If the applicant holds too many credit cards, the bank will look at the overall credit limit of the credit cards it currently holds compared with its income when evaluating whether to issue a card. , whether you still have the ability to repay the new credit card.