CreditSmart Questions Answered

How To Deal With Multiple Credit Card Rejections

5 Steps To Remove Your Name From The CIBIL Defaulter's List
Viveka Rao
Written by Viveka Rao

rsz_rsz_20160401-twitterprofilepicture-400x400-2We got an email through our app the other day from a Mr. Kapoor:


Dear CreditSmart,

 I have already apply 4 times for the axis bank credit card but i did not get approval.


We’re sorry to hear about your rejections, and take comfort in knowing you are not the only one. There could be many reasons why your card application was rejected. Some of the most common reasons are that your are close or near your credit limit on your existing credit cards, or perhaps you have some late payments or delinquent accounts showing on your credit report.

Also one thing that strikes me is you say you applied 4 times for the same card. WOW! Well how close together were the applications? And have you applied for many cards from other banks in the last 1 year? If you have multiple hard inquiries on your credit report, that can be a red flag to card issuers. They see someone who looks desperate for credit so rejections become more likely.

If you are turned down for a card, it’s best to avoid applying for any other cards until you find out the exact reasons you were declined in the first place. If you’re not sure, then it’s in your best interest to purchase your full credit report from CIBIL and look to find the negative marks that the banks are seeing.

There is a chance if you call Axis Bank directly, they can find your application and perhaps a representative can share the reason why you were declined, it’s certainly worth a try. Fixing problems with your credit can take time, but will be well worth it in the long run. Best of luck to you Mr. Kapoor.

Best Regards,



If you have a credit question or concern, just send it to and we will do our best to get back to you soon!

About the author

Viveka Rao

Viveka Rao

Viveka Rao is post grad in finance and a freelance writer here at CreditSmart. A love for shopping and travel rewards has fueled her interest in personal credit, and making the most of rewards programs. She writes to educate other consumers in making great financial choices.

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