Top 10 reasons for credit card rejection


Age barrier
If your credit card is being rejected it could either be that you are a Minor or a senior citizen. Because Minor's and senior citizens are considered dependents and hence they may not be able to secure a credit for themselves. Unless the senior citizens show a good source of income they can't avail a credit card. Minors do not have income to support themselves. People over 70 also have high rejection rates. You should have a regular flow of income; else your application is most likely to be rejected.