Before applying for a credit card, especially if it is the first one, many people doubt whether the bank will approve it or not because credit products require more requirements than savings products.
But let’s think for a moment, if someone asked you to borrow money and you know they can’t pay it back, would you lend it to them? Probably not; In the same way, banks make sure that the applicant for a credit card will have a way to pay his debts. And whoever requests the card but does not qualify, the request is simply rejected.
But how can you know if you qualify for a credit card or not? The fastest way is to search the page of the bank where you want to request the card and verify that you meet the requirements to request it. For almost all banks and savings banks, the requirements are similar, so to find out if you qualify to obtain a credit card, we mention the general points that you must take into account:
Have a good credit history
This requirement is essential to apply for any credit card; If the entity consults your DNI in the risk centers and it turns out that you have delinquencies and a bad credit rating, they will reject your application for a credit card.
So if you want to qualify for a credit card, start by having all your payment obligations up to date, and this ranges from the loans you have with any entity to the payment of any service that is in your name. You can check your credit history on the SBS, Sentinel, or Equifax pages.
Have proof of income
Another of the essential requirements that you must meet if you want to qualify for a credit card at a bank or savings bank is proof of your income, whether you are a dependent, independent, annuitant, pensioner, etc.
In this case, you must present the proof of income that corresponds to you, it can be the last payment slips, the last tax declarations for fees, the last Income Tax Affidavit, etc.
Other requirements
In addition to those we have mentioned, to apply for a credit card you must meet the following requirements:
- Be of age.
- Submit your DNI (and also a copy of your RUC or RUS Registration Form if you are independent).
- In some cases, it is required that you have a minimum of work seniority.
- According to the level of the card, you must accredit a certain amount of income.
- If you are already a customer of the bank, you can qualify for a credit card based on your good payment history or receive your payroll account there.
These are the aspects that you must take into account to know if you qualify for a credit card. If you meet these requirements, it is very likely that your application will be accepted and you will be able to enjoy your credit card to make financed purchases in stores and online. If you don’t qualify, you can start improving the flaw that discredits you and apply later, or start by applying for a prepaid card.
