Axis bank credit card application status

• Nisha Doshi, aged 25, recently applied for her first credit card but her application status read 'pending' for several days before it was rejected. She applied for a credit card three more times with different hanks in the following 30 days, but her request was denied every time. Let us understand why Nisha’s credit card application was rejected and what she can do to avoid such a situation in future. Why was it rejected four times? The first time credit card application was rejected, was because she didn't have a credit score. Subsequently, it was rejected because Nisha made multiple applications in a short period. This meant that there were several inquiries on her credit report, which led to rejection. Lesson learnt: Limit yourself to minimal applications while applying for your first credit card. Other reasons why your credit card application could get rejected include: • Loan balances are too high: You may already have multiple loans like • Credit card balances are too high: Multiple credit cards with high utilization ratios can also be a reason for additional credit cards getting rejected. Ideally, your credit card utilization ratio should not exceed 30%. This means, restrict your spending on the credit card to 30% of the total credit limit. This is also one of the factors that help in maintaining a high credit score. • Not enough Income: Credit card companies need a basic income level before they issue a card. You will be rejected if you don’t meet those criteria....

Credit cards have now become a basic need for people who shop online as well as offline. With credit cards and its myriad advantages, you can shop anywhere and anytime without thinking about the availability of funds at the time. Since more people are now shifting towards using credit cards, the usage as well as the application process to avail one, has now become very simple. With all the banks now offering credit cards to their customers, all the activities related to your credit card can be done offline as well as through the online banking interface. Here’s How to Track Credit Card Application Status If you have been waiting for a while after application to become a credit card holder, you can track your credit card application either online or offline. All you need to do is follow the steps for the mode that you choose. Online or offline, keep the following documents ready to check your status without any interruptions: • Application number or reference number • PAN Card number • Mobile Number • Date of Birth Track Credit Card Application Online: • Go to the website/portal of the concerned bank. • Search in the Menu Bar or enter in the Search Bar tab – Credit Card Application Status/Track Your Credit Card. • You will be redirected to a webpage where you will have to fill in information like reference number, date of birth and mobile number. Ensure that the information is the same, which you filled in the application form. • Few banks have an extended procedure or addi...