The credit card application process is not that complicated. Because the documents and procedures needed are basically not so much. However, what makes you nervous is whether your credit card application can be transparent or not.
Case in point, there is someone who has a high income, but his credit card application is not approved. In other cases, some people who have a UMP (Provincial Minimum Wage) have gotten their first credit card.
How could it be like that? Come on, let’s understand the ins and outs of the following credit card submission.
Applicant Criteria and Requirements for Filing a Credit Card
In general, the criteria that you must meet before applying for a credit card include:
- Minimum age of 21 years and a maximum of 55 years.
- Minimum income according to UMP.
- Have a good credit history.
- Complete the requested documents and follow the proper submission procedure.
The documents for filing credit cards at various banks include:
- Personal identification document in the form of a KTP.
- NPWP (Taxpayer Identification Number).
- Payslips or proof of income.
- Account movements in the past three months.
Not many documents needed, right?
Credit Card Filing Procedure Up to Approval
Next is the procedure for submitting a credit card to the approval process that you can follow.
1. Fill in the credit card application form
You can get the submission form by choosing these methods.
- Come directly to the bank.
- Visit credit card marketers, usually in malls or shopping centers.
- Visit the credit card product comparison site.
Next, fill in the fields provided in the form according to your accurate data. You can also return the form to the bank clerk or credit card marketing.
Information that usually needs to be filled out on these forms includes:
- Personal data including ID card number.
- Amount of income.
- Relative data (relatives not at home).
2. Complete the requested documents
While filling out the credit application form, you can prepare the required documents. Do not miss any of the documents required, yes.
Usually, the documents requested are original and photocopy. In addition to the aforementioned documents, there are several credit card issuing banks that also ask for a photo of your credit card that you already have as reference material.
3. Verification by telephone
Forms and documents have been sent to the bank either through marketing staff, now is the time to wait.
Don’t miss this waiting process! At this time it was actually the verification phase by telephone. The bank needs to make sure that you really are applying for a credit card, not someone else on your behalf. Then, they will also verify the data that you provide.
Likewise with relatives or non-housemates that you listed on the form. Make sure the answers the phone call from the bank who wants to verify the data.
After the verification process, the bank will analyze the entire procedure for your credit card application. The bank will give a notification of whether your credit card application has been approved or not.
If approved, then the credit card will be sent within about one or two weeks after notification of approval.
Tips and Tricks so that Credit Card Applications are Approved by Banks
Here is the answer to why credit card applications can be rejected, even though the income is quite high? Or, you feel that you have fulfilled the criteria and requirements of the requested documents in full, but the credit card application has not been approved.
Here are some things you should pay attention to when applying for a credit card. Follow the following tips and tricks!
1. Choose the right credit card
The credit card issuing bank chosen must match your profile. First, make sure the type or limit of the credit card you choose matches your income. Second, make sure that the credit card issuing bank does not require credit card ownership.
2. Choose a bank that manages payroll from the office / private company
Another trick is to choose a bank that is used for payroll. Because the bank will easily see income history. Because one important consideration for the bank is to make sure you really make money and the data entered is not fake.
3. Make sure the cash-flow savings smoothly
What if you want to apply for a credit card from another bank that is not used for payroll? Or, your salary was not transferred, but given in cash by the company?
The trick is to make sure your cash-flow savings smoothly by always depositing salaries into the account. Do this for at least six months before applying for a credit card. That way, the bank will see that you do have income.