Have a credit card is one of happiness for some peoples because right now is not easy to get approval of credit crd. This can be because there is a new regulation of banking that has purpose to control the flow of credit distribution and public. This regulation already makes every bank or financial institute become more careful with credit distribution to public. It’s not mean that bank don’t want to distribute the credit but they just want to make sure that the give a credit to the right and trusted person.
The effect is felt on the credit card application because the approval becomes so hard and the possibility is become lower. CITI credit cards as one of famous player in the credit card market also provide protective system to cover the funds from trouble of credit. I know it because few months ago my friend tried to apply a credit card and until right now there is no feedback or if I may say his approval is rejected without any explanation.
May be for people who have some AMEX corporate credit cards will feel happy because they still can enjoy the service and facilities of credit card and there is a proud of their self because they are AMEX credit card owner. So if you want to apply a credit card better if you prepare with more attention to get approval.
