i submitted last Tuesday when sales called me
i email back signed form and she filled in the form for me
i attached income tax doc
when I saw here sales came to you all took biometric
then i asked her
she then came to me on thursday got biometric but she told me she already submitted
friday again she whatsapp me about my hometown address
then i change to kl address and choose collect at branch
until yesterday i called ivr also information mismatch
today morning still the same but afternoon said processing
5.28pm cs called to verify then i checked eccris cl is low
7pm when i called ivr it said approved already then again checked eccris cl increase a bit

while my mum submitted to branch in hometown on tuesday as well
then they asked for detailed income tax form
she whatsapp them at night
wednesday said submit to hq
then i keep calling ivr daily information mismatch
till yesterday called ivr check for my mum said sorry we unable to process your request
today morning ivr same unable to process request
evening time ivr said rejected...
surprisingly 24k requirement card my mum got rejected, her income higher than me


long chronology

How about your mum DSR? Outstanding credit card balance high?

not high
but she took cash on call from citi card
don't know whether this affected or not
her barcelona also rejected
maybank gave reason commission earner the commission not count
must look at basic, but she where got basic

Commissions earner might be one of the reason to be rejected.
Cash on call will hold the credit limits. It will show in credit card outstanding.

Like you take RM6000 cash on call, your ccris will show 6000+card outstanding.

I think Affin reject could be high DSR. Now mostly got rejected because of high outstanding.

The agent checked and I cannot even collect from the nearest branch, so to ease the whole process, I chose to send to office. Though inconvenient for me but at least it works. Pray hard, it will be approved.

I think another reason probably due to economy down trend now
Bank more careful in credit application

Sorry what's DSR?

Debt service ratio

First things first, what is DSR?
To put it simply, Debt Service Ratio in Malaysia is a method used by banks to calculate whether or not you can afford the loan you’re applying for.

In terms of a home loan, this formula essentially helps the bank estimate how much you can afford to fork out for your monthly instalments.

Based off your monthly net income and the total fixed debt you have to pay each month for your student and car loans etc, banks can see for themselves if the property you’re trying to obtain is within your financial limits.

More at: https://www.propertyguru.com.my/property-gu...ratio-dsr-12055

This post has been edited by GrumpyNooby: Sep 9 2020, 08:51 AM

I see thanks.
If there's no fixed commitment only credit card debts, there will be no conclusion for DSR then!
What will be the next thing they look at? Credit utilisation % of the credit cards?

Then your total approved credit limits x5% as a guide.

Yeah, just checked via IVR and my application is successful. So happy.

you will not know the actual formula or all the criterias.

generally CTOS, CCRIS, DSR, etc. We dont know what else are they inputing to assess you.


each bank works differently and each have their own set of criteria to "score/assess" you.

each bank would have different risk appetite and tolerance for each individual.

there is no "1 universal formula" to solve all your cc application.

these assessment/scoring criteria is kept secret/P&C for some reasons: one of it, to prevent ppl for purposely targeting these criteria in order to get approval.

This post has been edited by cybpsych: Sep 9 2020, 11:36 AM

I agree with this, I have one "1" on my CCRIS, updated in July due to my own carelessness... I thought it may affect my application but it turns out, it doesn't. However, I can't say the same for other banks, they may have different way to assess...


Back to Affin, eventually the approved CL is one of the highest among all my cards, earlier during pending status, it was super low.

Received call from Sales Manager to follow up on documents. He says will drop by my office. Good service.

Told him that I'm existing cardholder, he then mentioned that documents not required and application would be handled by other teams. Hopefully, my application not forgotten!

This post has been edited by putra23: Sep 9 2020, 12:54 PM

Received an sms just now saying my application was rejected 😭

Have anyone tried n get cash back on the auto billing?was thinking of using this card for water filter & insurance replacing mbb Barca which is only 1% now.

Nobody has got the cards yet.

1st, has anyone gotten and used the card?

2nd, even if gotten the card, has the autobilling charged yet?

3rd, even if autobilling charged, has the statement generated yet? cuz this is when you see the cb.

that's mean high CL card will affect the DSR?

Congrats

same like my situation, but mine not superb high unlike yours

Wow, changed from the lowest to the highest CL now