Credit Card Rejection: Avoid These Common Mistakes to Secure Your Application

Business
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News18•10-01-2026, 17:06
Credit Card Rejection: Avoid These Common Mistakes to Secure Your Application
- •A credit score below 750 indicates high risk due to delayed payments, making new credit difficult.
- •Insufficient income or existing high debt burden (loans, EMIs) can lead to application rejection.
- •Frequent job changes signal instability, reducing bank trust in your financial reliability.
- •Incorrect personal details or applying for multiple cards quickly are red flags for banks.
- •Age restrictions (typically 21-60 years) and old outstanding dues also cause rejections.
Why It Matters: Maintain good credit, stable income, and accurate details to improve credit card approval chances.
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