In recent years, banks have increased the promotion of credit cards, adding many different types of cards for different groups of people. Credit card approval is not as strict as it was in the early days. As long as there is no big gap between your conditions and the principles of bank approval, the bank will generally give you approval.
It's just that this quota is different, high and low. But not everyone can apply for approval. Because credit card is actually a special kind of credit certificate, general cardholders can only apply if they have good credit.
When banks approve credit cards, they generally have certain requirements for the applicant's liabilities. Generally, the applicant's overall debt is required to be around 50%. If personal conditions are good, it can be relaxed to 70%. If the personal debt exceeds 70%, it is difficult to apply for approval. Each bank has different perceptions of high-risk industries. The high-risk industries that banks generally avoid are financial loans, insurance, real estate, KTY employees, sauna massage, aerial work, coal miners, flight attendants, information technology companies and so on. Some of these occupations are very dangerous, and more importantly, once these occupations are overdue, it is difficult for banks to collect them.
If you have a reasonable job and provide basic information such as ID card, work certificate, telephone number and home address, you can apply for a credit card. Different banks will evaluate your credit and issue cards to you after the evaluation. The amount of cards issued is generally different. The card issuance of the five major banks is relatively low, and the card issuance of banks such as Guangfa, China Everbright and China Merchants will be relatively high. Credit card is a kind of revolving credit. For example, Mr. Zhang's billing date is 5 days, and the repayment due is 23 days every month. On March 30th, Mr. Zhang had a consumption of 1 ,000 yuan, and the bill date showed the unpaid amount of 1 ,000 yuan, and the minimum repayment was 1 ,000 yuan. Interest is different under different repayment conditions: 1, full repayment 1 000 yuan, revolving interest of 0.2 yuan, minimum repayment 1 000 yuan, so the revolving interest on the next billing day is 1 000 yuan *0.05% daily interest rate *24 days (the following month Revolving credit is equivalent to short-term loans. Compared with long-term and high-value loans, the interest charged is higher, but it does not need collateral, so it can be repaid as you borrow, and the application is more flexible.