Credit Card Rejected Despite Good Score? Uncover Hidden Reasons Now!

• Income mismatch with the card's target profile can lead to rejection, especially for premium cards requiring high income.
• High credit utilization ratio (over 30%) signals financial stress to banks, even with timely payments.
• Multiple credit applications in a short period trigger numerous inquiries, raising red flags about urgent money needs.
• A short credit history, even with a good score, may not provide enough data for banks to assess repayment behavior.
• Lack of an existing relationship (savings/salary account) with the bank can complicate credit card approval.

Why It Matters: A good credit score isn't enough; banks consider income, spending habits, application frequency, and banking relationship.