Why was my credit card application declined?

Your credit card application may be declined primarily due to a low credit score, which indicates your repayment history. Other common reasons include insufficient income, unstable employment, or a high debt-to-income ratio. Banks also consider factors like errors in the application form, failed KYC verification, and multiple recent credit inquiries. According to RBI rules, you have the right to ask the bank for the specific reason for rejection. To improve your chances, ensure you pay bills on time and wait at least six months before reapplying.