https://www.desidime.com/comments/permalink/10231354
Interesting one, i also want to know.
Do you feel your CREDIT CARD multiple rejection is because of Over leveraging?
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Credit Card -> multiple Rejection? - Over leverage reason??
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Hello Dimers,
Just wondering you facing Mutiple rejection in credit cards applications???
hmmm over leverage might be the main cause for experienced people who hold lot of credit cards...
so I am hypothesizing something
hypothesis:
hmm so anyone with above 10 lakhs limit will have trouble getting new credit cards i guess:) just forming a hypothesis
just basing this hypothesis based on per bank limit as aggregate limit on total credit allowed
so anyone with CUMULATIVE LIMITS ON ALL YOUR CARDS MORE THAN 10 LAKHS able to apply without much rejection???
would be nice to know if this is resolved so that many dimers can benefits after analysing
so share your valuable comments with the following answers (optonal)
1) your approximate CUMULATIVE LIMIT ON ALL YOUR CARDS?
3) and the number of cards YOU HOLD?
3) and the number of rejections YOU FACED!!!! ?
all the above 3 data will give everyone the insights on when OVERLEVERAGING situation arises/happens and LEADS TO REJECTION
hoping to have help of all the dimers WHO USE CREDIT CARDS:)
keep that comments rolling 
participation is optional on the questions but do answer if possible:)
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https://www.desidime.com/comments/permalink/10231585
hehe lets see how many answers:) so that we all get cumulative outputs as valuable inputs:)
https://www.desidime.com/comments/permalink/10231480
1) 7L 2) 11 3) 2 or 3
https://www.desidime.com/comments/permalink/10231587
1) So your cumulative is 11+7+3 = 21 Lakhs
2) 3 cards ?
3) Are you facing multiple rejections recently ?
btw thanks for the info for statistics:)
View 3
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https://www.desidime.com/comments/permalink/10231748
If your income or relation with bank supports your credit limit, no bank will deny you credit cards.
I had HDFC Infinia with 17.5 lakh limit.
ICICI offered LTF Sapphiro, initially with 10 L limit and then increased to 17.5L.
ITR is around 7L.
Brother in Law held Citi Prestige with 45 lakhs limit, icici platinum 10 lakhs, Axis Magnus 10 lakhs, Infinia 25 Lakhs, SBI Elite 12 lakhs, Amex Mrcc 4 lakhs, IDFC wealth 10 lakhs. His ITR was 55L.
https://www.desidime.com/comments/permalink/10232001
Interesting insights:)
View 3
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https://www.desidime.com/comments/permalink/10231786
1) cumulative limit is around 25 lakhs.
2) Holding 8 cards
3) Recently got Au and yes bank cc approved with out any issue . Only rejection I faced is with sbi cashback cc...
https://www.desidime.com/comments/permalink/10232007
since its in rejected state, apply SBI card in C2C after 6 months
1) via agent it has more chances of approval it seems
OR
2) via sprint portal during document submission submit credit card statement
1) via agent it has more chances of approval it seems
OR
2) via sprint portal during document submission submit credit card statement
View 4
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https://www.desidime.com/comments/permalink/10232103
.. 8 credit cards with total limit of 11.01 lakhs...
Axis kiwi plus airtel 79K ,
Icici amazon plus coral 2.4L ,
Hdfc tata neu plus 2.05L ,
Yes bank uni nx wave 2.52L ,
Csb edge jupiter 2.5L ,
Indusind legend 75K ,
Rejected in last 4 yrs , one time airtel axis applied through app and one idfc bcoz of non pincode services (idfc rejected due to address mismatch)... Otherwise they don't even proceed... It was my fault or u can say i tried a way to get it...
https://www.desidime.com/comments/permalink/10232209
I have >15 cards with 0 utlisation (never used >10% limit and all bill paid before bill generation)
Still Axis and HDFC decline the Pre-Approved Cards?
View 18
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https://www.desidime.com/comments/permalink/10235597
It has nothing to do with what you mentioned. Check you recent queries wait for sometime. People who have 20 cards with 40 lakhs keep get cards without rejection.
https://www.desidime.com/comments/permalink/10236554
Just not leverage but your age -income -proffesion -location -bank criteria etc
View 8
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https://www.desidime.com/comments/permalink/10242392
Just applied sbi card again through sbi cards official and it was instantly rejected, over leverage was the reason.
https://www.desidime.com/comments/permalink/10242418
Can you try approaching SBI bank and ask the agent there for application via offline for this case with some special approval (just wondering if that will get you the card)
View 5
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https://www.desidime.com/comments/permalink/10271309
Bohut acchi post hai. Apun gasseet gasseet k 3.2 lakh ki limit Tak aya hai aur Ambani se badi chaati fulla k mohalle mein chalta hoon, aur ye gareeb log 25 lakh 45 lakh ki limit walle gareeb log chup chap baithe hue hai.
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If your income or relation with bank supports your credit limit, no bank will deny you credit cards.
I had HDFC Infinia with 17.5 lakh limit.
ICICI offered LTF Sapphiro, initially with 10 L limit and then increased to 17.5L.
ITR is around 7L.
Brother in Law held Citi Prestige with 45 lakhs limit, icici platinum 10 lakhs, Axis Magnus 10 lakhs, Infinia 25 Lakhs, SBI Elite 12 lakhs, Amex Mrcc 4 lakhs, IDFC wealth 10 lakhs. His ITR was 55L.