Credit Card Eligibility Checker

What is a Credit Card Eligibility Checker?

A credit card eligibility checker helps you figure out the cards that you are eligible for. It runs a check based on your credit information and the bank’s lending criteria. 

The process usually involves a soft search of your credit history. Note that this is usually a pre-approval check that is not visible to other banks and doesn’t affect your credit Score. 

When you finally apply for the card in real time, the bank will make a hard credit check. This gets added to your credit history and is visible to other lenders. 

This is why you should use a credit card eligibility checker before applying. 

Why Should You Check Eligibility for a Credit Card in UAE?

Here’s why you should check eligibility for a credit card —

• Saves time and effort by making you focus on cards that are likely to get approved for
• Unlike hard credit inquiries, these checks are not added to your credit history
• Enhance the chances of better financial planning 
• Aligns cards that meet your spending habits and long-term goals
• Reduces credit card application rejection chances
• Strengthens eligibility prospects
• Opportunity to compare options as per your eligibility
• Ensures your applications align with your income and credit history
• Eliminates the risk related to excessive applications that affect credit history 
• Helps you set realistic expectations about potential credit limits and terms
• Helps build a strong credit profile over time
• Assists you in getting favourable interest rates, helping you save money.

How Does a Credit Card Eligibility Checker Work?

The credit card eligibility checker lets you see how likely you are to be approved for a card before applying. The checker performs a soft credit check, which is invisible to banks and other lenders.

The credit card checker searches for your credit report and matches it against banks' lending criteria. The basic details to check eligible credit cards are —

• Your full name
• Date of birth
• Your current address
• Your employment status and income
• Details of dependants and additional income (if applicable)

Note that the information asked for in the process can vary as per the provider. 

What Happens after You Use the Credit Card Eligibility Checker?

Once you check eligibility for a credit card, you will be notified whether you are pre-approved for a card or not. 

If you are pre-approved, you can apply for any of the credit card options that align with your credit profile. Next, the bank will perform a hard check on your credit history. You will then get the final approval or rejection, or if the application needs further review after that. 

If you are not successful, don’t worry — focus on improving your eligibility! Remember that this soft search does not impact your credit history. 

Who Can Use the Card Eligibility Checker?

A credit card eligibility checker can be used by —

• Salaried employees
• New UAE residents
• Self-employed professionals
• Applicants with existing loans or cards
• First-time applicants

Eligible Credit Cards — How to Improve Chances of Getting the Right One?

Here’s how to improve your credit card eligibility —

• Pay the bills of your existing card on time to maintain a good credit history
• Make sure your credit utilisation ratio is below 30% to show responsible credit usage
• Maintain stable employment or provide consistent income proof to present financial stability
• Don’t apply for multiple credit cards or loans in a short period — multiple hard queries can bring down your score
• Keep a soft check on your credit score and improve it by managing outstanding debts and paying them off on time

You can use platforms like Paisabazaar UAE to check your credit score for free!

Frequently Asked Questions