How to check the status of your credit card application online?

How to check the status of your credit card application online?

In recent years, the banking system has undergone a revolution. Cashless payment tools like credit cards are preferred over cash. Today, every bank offers its customers a credit card. Plus, these are filled with offers, offers, and rewards. No wonder it changed the way people spend money. Let’s take a look at the reasons for the popularity of credit cards in recent years.

Credit Cards: Why Are They Preferred?

Credit cards are very popular for online shopping today. They have transformed consumers’ buying habits, especially as merchants today offer consumers a wide range of payment options, from cash on delivery to debit and credit cards to services. online banking.

Before, only a limited number of fashion brands offered online shopping. However, online shopping has now expanded to include the necessities of everyday life. All of this from the comfort of your own home.

Here are some other benefits of using a credit card:

  • It is neither possible nor safe to carry a lot of cash when traveling. A credit card offers a solution to this problem. With a swipe of that little plastic card, you’re good to go, making the whole transaction super convenient.
  • In addition, credit cards function as deferred payment accounts. So, if you are buying high-end products, you don’t need to pay all at once like you would with a debit card. Credit cards allow you to pay the amount in EMI or in installments. Almost all retailers today offer this option.
  • Finally, with a credit card, you can buy your favorite brands around the world and have them delivered right to your door. Additionally, many international outlets only accept credit cards for payment.
  • Favorable credit rating
  • The importance of a good credit rating in future financial planning is well known. A person’s credit score has a huge impact on their ability to borrow for a home or a student loan. It is therefore important to remember that a credit card is also a short-term loan whose bill, if paid on time, increases your credit score. Also, people are more responsible when using this little plastic card because of this advantage.
  • Safety and security
  • We have established that this is a safer alternative to carrying cash. Plus, today’s credit cards come with two-factor authentication.
  • To authenticate a financial transaction, you will need to enter not only the credit card number and the credit card CVV, but also an OTP sent to your mobile phone. This way, your card cannot be misused even if it is stolen.
  • Also, since you will not pay the full amount for the merchandise, you can protect yourself from faulty products and scam sites. You can file complaints with credit card companies about questionable transactions, and they will investigate the matter on your behalf.
  • Exclusive rewards
  • Credit cards offer many benefits including discounts, welcome bonuses, and special offers. In addition, you can receive loyalty and reward points for your purchases, which can be redeemed on various portals. Some retailers even offer you a cashback. So you can enjoy double savings through instant discounts and cashback. What else? Some credit cards even provide access to premium airport lounges and travel miles.

How to apply for a credit card?

Requirements for credit card application

Consider the following factors before requesting a credit card:

  • The applicant must be at least 18 years old.
  • Whether employed or self-employed, the applicant must have a reliable source of income.
  • He / she must have a good credit rating.
  • The applicant must not have defaulted on any of their payments.
  • He / she must be a resident of India. However, in some cases even non-residents can apply for credit cards.
  • To apply for a credit card, you will need to provide a passport-sized photo, valid ID and proof of address. Banks can also request additional documents.

Businesses today provide a simple and easy process for applying for credit cards. You can even do it online from the comfort of your home. Here are the steps to follow when applying for a new or first credit card:

  1. Visit the website of the credit card issuing institution.
  2. There, enter your contact information and other personal information, if applicable.
  3. Next, browse through the different credit cards from different banks and compare their features.
  4. Choose the one that suits your lifestyle and your needs.
  5. Submit the application form and take advantage of the instant online credit card approval process.

Moreover, you can also go to the bank to apply for a credit card. Meet with a credit card representative, choose a credit card, complete the application form and submit the required documents.

How do I check the status of my credit card application?

There are two ways to check your credit card status:

  1. Online method
  • Visit the bank’s official website. On the credit card Online tracking tab, enter one of the following:
  • Customer no.
  • Registered mobile number
  • PAN number
  • Registered email id
  • Date of Birth
  • Once validated, the status of your credit card request will be displayed on the screen. The status can be one of the following: In Progress, Approved, Sent, Pending, or Denied.
  • Alternatively, you can go to the official website and click on the email tab. Fill in these details and click Submit. The bank will get back to you within a few days.
  1. Offline method
  2. You can contact the bank’s 24/7 helpline. This is a customer service number.
  • Customer service representatives will help you track the status of your credit card.
  • For verification, they will need your personal information such as your cell phone number, email id, date of birth, etc.
  • After verification, they will tell you your credit card status.
  1. You can also go to the nearest bank branch. There you can seek help from a credit card representative. Be sure to include your application reference number and other necessary details.

    Final thoughts

These days, the market is filled with an array of credit cards. Therefore, be sure to do your research before choosing one. Many credit card providers offer discounts, rewards, and an interest-free cash withdrawal facility. Customers will not only save a lot, but can be confident that their money is in good hands. Plus, they offer easy online applications and fast approval processes.

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