Rejected credit card? Here’s what to do next: A step-by-step guide | Mint

Credit cards are one of the most preferred financial tools as they help customers make purchases without the need to pay back immediately, along with added rewards and offers. Due to its attractive offers, many people apply for one. Applying for a credit card is very easy, however, issuers look for many criteria before approving a credit card application therefore many applications get rejected.

In conclusion, rejection of a credit card is a reflection of your financial health and your ability to manage your debt. If your application is rejected, you must take measures to improve the key parameters required for approval of a credit card. This will help to manage your finances well and improve your chances of getting a credit card or other form of debt easily in the future.

(Note: Using a credit card carries its own set of risks)