Credit Card Rejected Despite High Score? Here's Why!

• A good credit score is not the only factor; banks consider income, credit utilization, and history.
• Income mismatch for premium cards or high credit utilization (over 30%) can lead to rejection.
• Multiple applications in a short period or limited credit history (1-2 years) raise red flags.
• Application errors (address, company, job profile) or high existing EMIs can impact approval.
• Bank's internal risk policies or applying to a new bank can also cause rejection.

Why It Matters: Credit card approval involves more than just your score; income, utilization, and history matter.