Credit Card Rejected Despite Good Score? Uncover Hidden Reasons Banks Consider!

• Your income might not match the specific credit card's target profile, especially for premium cards requiring higher earnings.
• High credit utilization (over 30% of your available limit) signals financial stress to banks, even with timely payments.
• Applying for multiple cards or loans in a short period can lead banks to believe you're in urgent need of funds, increasing rejection risk.
• A very short or limited credit history provides insufficient data for banks to fully assess your repayment behavior.
• Lacking an existing relationship (savings/salary account) with the bank can complicate the approval process for your application.

Why It Matters: A good credit score isn't enough; banks weigh income, utilization, application history, and bank relationship.