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My application for a Postal Bank credit card was rejected. Why?

It is common for your credit card application to be rejected, so don’t be too anxious. There are many reasons why you may be rejected. For example, many credit cards have application conditions, such as student cards, female cards, membership cards, etc., or there are age restrictions. If you do not meet the bank's conditions, you will be rejected. The other is that the applicant’s score is failing. When you apply for a card, banks will use an automated scoring system to score users. Only those who reach the score line set by the bank can approve the card. Those who do not reach the score will be rejected. These scores come from income, employment, assets, usage of already held cards, and more. It is also possible that you submitted too little application information. If you are applying for a credit card for the first time, these information are very important. For example, if you own a house and a car, you have a higher probability of submitting a house purchase contract, vehicle driving license, etc. for approval.