Rejection stings, no matter where it comes from. If a rejected credit card application has left you confused and disappointed, fret not – once you identify the reason(s) why your application has been rejected, you can start to turn things around.
Here are the top reasons why a credit card application may be rejected:
- You don’t meet the minimum income requirements
In Singapore, the minimum annual income requirement to apply for any credit card is S$30,000. However, each card has a specific income requirement you’ll have to meet, so make sure you fulfil the minimum income requirement being sending in an application.
You can chat with iMoney’s
Intelligent Agent now to find the best credit card that suits your income (not a fan of phone conversations? Don’t worry – you’ll get your recommendations on Facebook chat within minutes).
- You don’t have a stable source of income
To get ......
