Credit Card Rejected? Here’s the Cooldown Period You Have to Wait

M.MAHI wrote:

Just basic details .. ?

Also tell do you have hdfc savings account?

yeah since December. 30-40k maintained

Kochiro wrote:

yeah since December. 30-40k maintained

Its mean you have received pre-approved offer after 6 months? So need to wait 6 Months for pre-approved offers.

Spanjaykumar wrote:

Its mean you have received pre-approved offer after 6 months? So need to wait 6 Months for pre-approved offers.

yeah you could say that but I also tried applying in december just right after I created my account.

TechnoFrendz wrote:

For ICICI, my application got rejected instantly after submitting it. 

So I left thinking to apply for after few months.

Later they called me I guess it was almost one month, On call they confirmed my platinum card is approved. New application was applied from their end as they already had info from my old application. They confirmed the details again. No documents were required from my end.

In two days got confirmation email and then card dispatch. Also I was able to see card in iMobile app just after email.

So I think this cool down thing is decided as per customer relationship with Bank. 

I applied through their website and upon submitting my application was rejected with an email
Unfortunately, I didn’t receive any communication from them onwards.

Did you also receive the same email.

Mine was something like below
We thank you for your interest in ICICI Bank Credit Card.

We have checked your application on the following criteria, which does not necessarily imply your adverse creditworthiness.

Based on the information provided by you and our consideration of the same as per the below mentioned criteria, we regret to inform you that we are unable to offer you the credit Card.

1.Eligibility criteria of ICICI Bank

2.Past borrowings of the applicant

3.Prior experience of the applicant in respect of the proposed purposes

4.Regulatory and statutory provisions governing ICICI Bank

We once again thank you for the interest in ICICI Bank Card.

Sincerely,
ICICI Bank Limited

This is a system generated e-mail and does not require a signature. Please do not reply to this

sahil678 wrote:

I applied through their website and upon submitting my application was rejected with an email
Unfortunately, I didn’t receive any communication from them onwards.

Did you also receive the same email.

Mine was something like below
We thank you for your interest in ICICI Bank Credit Card.

We have checked your application on the following criteria, which does not necessarily imply your adverse creditworthiness.

Based on the information provided by you and our consideration of the same as per the below mentioned criteria, we regret to inform you that we are unable to offer you the credit Card.

1.Eligibility criteria of ICICI Bank

2.Past borrowings of the applicant

3.Prior experience of the applicant in respect of the proposed purposes

4.Regulatory and statutory provisions governing ICICI Bank

We once again thank you for the interest in ICICI Bank Card.

Sincerely,
ICICI Bank Limited

This is a system generated e-mail and does not require a signature. Please do not reply to this

I didn’t receive any email but was showing the browser itself. 

Is there a cooldown period in case the credit card application gets approved by SBI and Axis banks?

Ransome wrote:

Is there a cooldown period in case the credit card application gets approved by SBI and Axis banks?

Not for Axis

I had applied for hdfc credit card since 3 years ago. Applied around 4 times after waiting every 6 month cooling period , but every time it’s got rejected.

My cibil is good around 780 , I have 2 icici , 2 Sbi , 1 BOB , 1 AXIS credit card, and more than 5 credit line services.

Still not understand what conflict with HDFC credit card dept. that every time I applied they rejected due to internal policy. 

Any suggestions?

bipulsarkar92614 wrote:

I had applied for hdfc credit card since 3 years ago. Applied around 4 times after waiting every 6 month cooling period , but every time it’s got rejected.

My cibil is good around 780 , I have 2 icici , 2 Sbi , 1 BOB , 1 AXIS credit card, and more than 5 credit line services.

Still not understand what conflict with HDFC credit card dept. that every time I applied they rejected due to internal policy. 

Any suggestions?

Some banks do reject cc applications when total credit limit across all credit cards & credit lines is more than annual income. That may be case with you. 

If you still want hdfc cc, i would advise you to visit branch & apply there. There are high chances for approval although they may insist on opening saving account first. 

my current reject list

IdfC

Sc

samss wrote:

Some banks do reject cc applications when total credit limit across all credit cards & credit lines is more than annual income. That may be case with you. 

If you still want hdfc cc, i would advise you to visit branch & apply there. There are high chances for approval although they may insist on opening saving account first. 

The first card I applied was HDFC CC… All other cards applied later and approved. But still Hdfc cc not approved 😀🤣
And you are right when 1 st I went to Hdfc cc agent they assured me if I open Hdfc sb account I wiil definitely get Hdfc CC. But opening hdfc sb account still they rejected my card application (1 st applied 3 years ago).
HDFC be like “Kuch bhi karlo , Papa nahin manege”🤪🤣😝

bipulsarkar92614 wrote:

The first card I applied was HDFC CC… All other cards applied later and approved. But still Hdfc cc not approved 😀🤣
And you are right when 1 st I went to Hdfc cc agent they assured me if I open Hdfc sb account I wiil definitely get Hdfc CC. But opening hdfc sb account still they rejected my card application (1 st applied 3 years ago).
HDFC be like “Kuch bhi karlo , Papa nahin manege”🤪🤣😝

For which hdfc cc are you applying? 

samss wrote:

For which hdfc cc are you applying? 

Moneyback , Millennia , Moneyback + 

bipulsarkar92614 wrote:

Moneyback , Millennia , Moneyback + 

Moneyback is quite basic card. Apply through branch & you will probably be successful for this card. 

I have 9 cards and good cibil score but only indusind card application rejected for its internal policy, what exact internal policy is? After application reject how month shoul wait for fresh indusind card?

MJ1986 wrote:

I have 9 cards and good cibil score but only indusind card application rejected for its internal policy, what exact internal policy is? After application reject how month shoul wait for fresh indusind card?

Banks may reject credit hungry persons like those with mean credit age of less than 3 years (when most cards have been issued in last 3 years) or applied for other cards recently. Or simply when overall credit limit of all cc is more than annual salary. Can’t say about Indus specifically but wait in period is 6 months for most banks. 

TechnoFrendz wrote:

For ICICI, my application got rejected instantly after submitting it. 

So I left thinking to apply for after few months.

Later they called me I guess it was almost one month, On call they confirmed my platinum card is approved. New application was applied from their end as they already had info from my old application. They confirmed the details again. No documents were required from my end.

In two days got confirmation email and then card dispatch. Also I was able to see card in iMobile app just after email.

So I think this cool down thing is decided as per customer relationship with Bank. 

tellin u from exp = "ye sub doglapan h " just keep F applyin again and again till they gave up i got many card by consisitenly applyin  

sudbht wrote:
I applied like 6-7 times in 4 months and all application went missing after applying don't known what happened to all of those. Also my icici amazon pay credit card rejected twice. Even I hold icici account with 50+ balance from past 1 year.

TechnoFrendz wrote:
I think you should wait for atleast 3 months before you apply back.
Then 1st try to ICICI cc and if things go well then go for Amazon ICICI cc. 

Hdfc cc rejected 4 times , Already have 5 different bank cc... It's possible to apply Card to card for Hdfc cc... existing limit 3.2 lakh icici..

bipulsarkar92614 wrote:

Hdfc cc rejected 4 times , Already have 5 different bank cc... It's possible to apply Card to card for Hdfc cc... existing limit 3.2 lakh icici..

AU Credit Card Doesn't seem to follow the 6 Month mentioned Cooloff period , a known person got the application rejected in March or April , randomly checked today and got Application approved for AU Credit Card.

beastboy wrote:

AU Credit Card Doesn't seem to follow the 6 Month mentioned Cooloff period , a known person got the application rejected in March or April , randomly checked today and got Application approved for AU Credit Card.

Rosh_0007 wrote:
Did u called CC and asked for the reason of rejection?