I was applying credit card with a bank, call it BS, a week later me and wife applied housing loan from few banks, pending the final offer / final loan package available to us.

My application for CREDIT CARD got rejected by BS, few days before I signed the Letter of Offer for mortgage.


So out of curiosity, I called up BS to check reason for rejection, the staff told me in CCRIS, I have very high housing loan commitment, after spoken to 3 different officers, finally I talked to processing department.

It come to my surprise that my name, in CCRIS, recorded 4 mortgage loan amount with 4 Banks, so they took all 4 outstanding loan amount as my housing loan commitment , and they decided that my DSR exceeded their DSR of 75%.

Funny but not funny as I wanted that credit card which has the benefit for INsurance premium

Hi to you again, thanks for your reply, after replying to my last post about mortgage. I finally got a good rate for our mortgage.

My problem with BS is they treat all 4 mortgage applications as one loan commitment and rejected my CC by stating I have exceed DSR of 75%.