What is Credit Card Eligibility Criteria - Know Documents & Factors
Credit cards have become a necessity in today's world, as they provide several benefits and convenience to users. From providing instant credit to helping users build their credit score, credit cards have certainly changed the way people spend. However, not everyone can be eligible for a credit card. Several factors and documents come into play when applying for a credit card. In this article, we will discuss the credit card eligibility criteria, known documents, and factors. First and foremost, to be eligible for a credit card, you must be over 18 years of age and a permanent resident of the country you are applying from. You must also have a steady source of income and a good credit score. These are the basic eligibility criteria that every bank or financial institution follows. However, the specific eligibility criteria may vary from bank to bank. The next important factor when applying for a credit card is your credit score. Banks and other financial institutions use your
