CREDIT CARDS

A credit card is a financial instrument through which a bank, as issuer of the card, gives customers a credit line for a certain amount, known as credit limit.
In this article we will see the main requirements when applying for credit cards and what aspects are most important.
In general the best way to get a credit card go to its bank, credit card usually is a product that banks offer linked to a checking account.However, there are always organizations that offer credit cards with attractive terms to attract new customers.

REQUIREMENTS FOR A MAJOR CREDIT CARD

• Be an adult.
• Complete the request of the bank from which you want to get a credit card, sign it and return it to the nearest branch.
• Present valid photo identification.
• Provide proof of income, or some other reference that will help you know, what are your monthly income and your ability to pay.
• Submit these documents to the bank, accompanied by two copies each.
• Note that once the bank has received your request, one of the first steps of the bank will check your credit history and verify that the data set in the application are true.

Important: when you want to apply for a credit check and gather the information you require. The data required to complete an application are extensive and generally include information such as personal data, employment, property, your income, financial commitments, bank references, family members and beneficiaries, among other data.

 APPLICATION BEFORE SIGNING A CARD, PLEASE NOTE THE FOLLOWING.

• Review the amount of fees charged by each bank account management, interest and annual fees, ATM withdrawal, balance inquiry and others.
• Consider how the card is accepted places you want.
• Find out what added values such as insurance premiums, discounts on some business, consulting, etc.
• It offers the bank to have a credit card.
• Some banks automatically offer life insurance or car. You decide whether or not to accept.