Amazon pay ICICI credit card rejected

[omkasera]

Mere pass already 6 Cards he

Total limit 6L +

Cibil 779 and utilization 7% Abhi tk koi bhi card reject nhi hua but Amazon pay ICICI credit Card ajent ki help se on call apply kia fir uske baad not eligible show hone laga maine notice kia ki aj tk maine bhi aj tk koi bhi order nhi kia amazon se sirf bill payment and recharge kia he bss shayad rejected hua he card Bhai ap batao kya kru mai icici card k liye tabhi

 

[bigmouse]

Mere pass already 6 Cards he

Total limit 6L +

Cibil 779 and utilization 7% Abhi tk koi bhi card reject nhi hua but Amazon pay ICICI credit Card ajent ki help se on call apply kia fir uske baad not eligible show hone laga maine notice kia ki aj tk maine bhi aj tk koi bhi order nhi kia amazon se sirf bill payment and recharge kia he bss shayad rejected hua he card Bhai ap batao kya kru mai icici card k liye tabhi

Mail mai reason Aya hoga reason mai kya likha hai ?

 

[bigmouse]

Mere pass already 6 Cards he

Total limit 6L +

Cibil 779 and utilization 7% Abhi tk koi bhi card reject nhi hua but Amazon pay ICICI credit Card ajent ki help se on call apply kia fir uske baad not eligible show hone laga maine notice kia ki aj tk maine bhi aj tk koi bhi order nhi kia amazon se sirf bill payment and recharge kia he bss shayad rejected hua he card Bhai ap batao kya kru mai icici card k liye tabhi

Mera bhi reject hou hai maine bhi Amazon se kuch bhi nehi kharida shirf credit card bill payment Karta tha toh pre approval Aya card ka... Mera card reject hua CIBIL Score Kam hone k karan card approved hobe k liye CIBIL Score 850+ lagega

 

[PahulGoyal]

Mere pass already 6 Cards he

Total limit 6L +

Cibil 779 and utilization 7% Abhi tk koi bhi card reject nhi hua but Amazon pay ICICI credit Card ajent ki help se on call apply kia fir uske baad not eligible show hone laga maine notice kia ki aj tk maine bhi aj tk koi bhi order nhi kia amazon se sirf bill payment and recharge kia he bss shayad rejected hua he card Bhai ap batao kya kru mai icici card k liye tabhi

Mera similar cibil hai, 1 hi card tha pehle with 1.2L limit. Amazon pay icici approve hogya with 2L limit. Card Milne se pehle wale 2 mahino me bahut orders kiye the maine amazon se. Maybe that's the reason.

 

[Ayan37]

same bro mera bhi amazon pay card barbar reject kar de raha hay... koi proper reason nahi dete hay bar or ekhi bat bolta ha ki sorry you are not eligible for our criteria.

 

[omkasera]

Mera bhi reject hou hai maine bhi Amazon se kuch bhi nehi kharida shirf credit card bill payment Karta tha toh pre approval Aya card ka... Mera card reject hua CIBIL Score Kam hone k karan card approved hobe k liye CIBIL Score 850+ lagega

Yhi same reason mujhe bhi mila he

 

[Personal Finance by Nish…]

Here is my response to your query. Hope it will help you.

*Pre-approved Credit Card Offers:*

Pre-approved credit card offers are invitations from banks or credit card issuers to apply for a credit card, indicating that you're likely to be approved. Here's how it works:

1. *Data Analysis*: Banks use various data sources, including credit bureaus (e.g., CIBIL), to analyze your credit history, income, and other factors.
2. *Pre-approval Criteria*: Based on their analysis, banks set pre-approval criteria, such as credit score ranges, income thresholds, and other parameters.
3. *Pre-approval Offers*: If you meet their pre-approval criteria, you'll receive an offer, usually via email, SMS, or postal mail.
4. *Application and Verification*: When you apply, the bank will verify your details and perform additional checks before finalizing the approval.

*Credit Card Rejection Reasons (Despite a 779+ CIBIL Score):*

Even with a high CIBIL score, credit card applications can be rejected. Here are some internal bank reasons:

1. *Income Criteria*: Banks may have minimum income requirements, and if your income doesn't meet their criteria, your application might be rejected.
2. *Credit Utilization Ratio*: If your credit utilization ratio is high (i.e., you're using a large portion of your available credit), banks might view you as a higher risk.
3. *Credit Mix and Age*: Banks prefer a diverse credit mix (e.g., credit cards, loans, mortgages) and a longer credit history. If your credit mix is limited or your credit history is short, you might be rejected.
4. *Recent Credit Inquiries*: Multiple credit inquiries in a short period can negatively impact your credit score and lead to rejection.
5. *Employment Stability*: Banks may prefer applicants with stable employment history. Frequent job changes or unemployment might raise concerns.
6. *Geographic Location*: Banks may have specific policies or restrictions for certain geographic locations(negative area etc).
7. *Internal Bank Policies*: Banks have internal policies and risk assessment criteria, which might lead to rejection, even if you meet external credit scoring criteria.

Keep in mind that each bank has its unique policies and criteria. If your application is rejected, you can:

1. *Check your credit report*: Ensure there are no errors or inaccuracies.
2. *Contact the bank*: Ask for specific reasons for the rejection (if not provided).
3. *Apply with another bank*: Consider applying with a different bank or credit card issuer.

Remember to always maintain good credit habits, such as timely payments and responsible credit utilisation, to improve your chances of approval.