Hi, this is going to be a long one.

I have recently been rejected for a SC credit card (first credit card) where min. salary is 24000 annum. I make well above 60k per year and have a car loan (with only 2 late payments of one month in separate occasions). My credit report on CTOS and RAMCI is Good and Strong respectively. Tried reaching out to SC but they do not want to provide reason. Called in Ringgitplus (or one of those credit advisors) for advice and they were also weirded out. They advised me to just apply for CIMB (as that is the bank I use and where salary comes in). I did it on the day after receiving the SC rejection as they advisors told me it does not matter - only bad when you apply for so many credit cards at once. So went to CIMB bank yesterday and asked them the same thing they just ask me to apply. Since I earn above 60k they told to apply for CIMB Visa Signature.

Now to my question, kinda worried as the only documents the bank staff took from me was my payslip - not IC not EPF. Do you think they are actually running my application (did not even receive an application number.

Second, should I have waited for a month or so before applying for a credit card?

Third, should I have opted for a "smaller" (requiring lower annual salary) credit card versus CIMB Visa Signature?

Lastly, and most important question, will they be checking my CIMB saving account? That is where my salary goes in but I normally withdraw all the money out monthly and transfer it to my separate savings/checking account in Standard Chartered. Worried that they will see my bank account is less than 1k and reject me OR that they assume I don't know how to keep money.

This post has been edited by McAwesome: Sep 8 2018, 03:09 PM

Okay, so my credit card application for CIMB Visa Signature is being processed. I earn about 60k (which is the min. salary requirement) and was advised by a rep from CIMB to apply for it - I applied at the bank. Anyway, I always do a credit check every 3 months or so and saw that my current CIMB CC application (was requesting) for was a credit limit of RM2000 only. So, was wondering if I was approved will I only get a limit of RM2k in my CIMB Visa Signature (which I am aware is just super weird) OR did they purposely put a "lower" credit limit for easy approval and will be given a normal credit limit after? Hope my question makes sense.

I am aware that there could also have been a typo on their end and if so, what is the usual minimum credit limit given for Visa Signature?

If I was abroad, let's say in Europe or US (where it is the opposite side of the world) and CIMB system was down between 11.59PM-12.10AM in Malaysia (or if there are any longer early morning downtime) will this have any effect on my usage overseas? Will my payments get declined?