Reject Credit card Against FD

[Gagandeep@Singh]

I went to Axis Bank and thrice I applied for credit card against FD, but the bank rejected my credit card against FD. All three times my FD was of ₹50000. Don't know why the bank rejected it.

 

[Mansi07]

If your credit score is low

 

[cardy]

If your credit score is low

FD based credit cards don't need any cibil. It actually don't depend on CIBIL. It's secured card. So if you have only 300 cibil score you can always take a FD credit card

 

[cardy]

I went to Axis Bank and thrice I applied for credit card against FD, but the bank rejected my credit card against FD. All three times my FD was of ₹50000. Don't know why the bank rejected it.

Try icici they may give you very fast.

 

[Gagandeep@Singh]

If your credit score is low my credit score is 735

 

[Gagandeep@Singh]

Yes my credit score is 735

 

[anuragmukherjee28]

Yes my credit score is 735

try different banks like idfc ,they might give you a credit card against your FD

 

[Hema Kulkarni]

I went to Axis Bank and thrice I applied for credit card against FD, but the bank rejected my credit card against FD. All three times my FD was of ₹50000. Don't know why the bank rejected it.

Shocking. FD credit cards are usually given without any due diligence. You can try One Card or IDFC Wow Card

 

[grm21]

Is the FD tax saver one ?
And also why don't you ask the bank the reason for rejection?

 

[peekufinex]

I went to Axis Bank and thrice I applied for credit card against FD, but the bank rejected my credit card against FD. All three times my FD was of ₹50000. Don't know why the bank rejected it.

Your query lacks info to answer it properly like, do you own any other credit card, what your source of income and income bracket etc; any how you can try a diff bank like Kotak and try for a card with higher security like atleast 10K, its better if you already own a savings account with the same bank or tell bank to give both things as a package

 

[Gaurav Gupta]

You should try in different bank to get credit card against FD. You can go with Icici, Kotak , Yes bank etc. You can also apply in small finance banks.

 

[Aryanfinacle]

go with icici bank, they will provide you 50k credit card limit against with your 50k FD.

 

[Dashanan]

I went to Axis Bank and thrice I applied for credit card against FD, but the bank rejected my credit card against FD. All three times my FD was of ₹50000. Don't know why the bank rejected it.

Applying multiple times will generate an ENQUIRY in ur CIBIL profile .... Multiple enquiries can lead to diminished cibil score

 

[plumlog.com]

apply on one card

 

[CARDiologist]

Applying multiple times will generate an ENQUIRY in ur CIBIL profile .... Multiple enquiries can lead to diminished cibil score

Fd cards don't do cibil enquiry generally

 

[Skylar]

Fd cards don't do cibil enquiry generally

Not true, Even FD cards do cibil enquiry. (If you haven't seen cibil hit then they might have enquired on Experia)

 

[Skylar]

Applying multiple times will generate an ENQUIRY in ur CIBIL profile .... Multiple enquiries can lead to diminished cibil score

I have 4 enquires in last 2 months and 4 new cards and cibil went down by only 2 points.