A credit card is also an unsecured form of credit that the financial institutions are offering based on the creditworthiness of the applicant to avoid issuing a card to the risky customers and running the risk of defaults. The simplest way to check the financial track record of the applicant is by accessing credit reports and scores from CIBIL who provides this information on request. The credit card issuer through a credit report is able to know about the number of loan and credit card applications made by the applicant.
There is a chance that the financial institutions may reject the credit card application if you are having a bad credit history or too many loan defaults.
Minimal CIBIL score required to get a credit card application approved:
A good CIBIL score falls between the range of 700 upwards. Most of the banks and financial institutions including NBFCs and FinTech’s follow a similar pattern.  of assigning credit to your rating hence knowing your CIBIL score for a credit card should be a reasonable basis to approve a credit card application.
Ways to know your CIBIL Score:
1.    Through Credit Bureaus
According to the Fair Credit Reporting Act, every 12 months via Annual creditreport.com, one is entitled to get his or her report. One can request for the same via phone or mail as per the convenience. There are four credit bureaus in the country that can generate a credit report online i.e. CIBIL, Experian, Transunion, and Equifax.
2.    Through FinTech Platforms
There are many FinTech organizations are also available who provide a platform for people to get a credit score along with an in-depth analysis of the financial situation.  The main advantage of knowing your credit score from a FinTech is that here you get to know about loan offers or credit card offers for which you are eligible for instantly. 
Ways to improve your credit score to get a credit card application approved:
Start with applying for a secured credit card that comes with a reasonable limit can be the answer to reviving an individual’s credit score.
A secured credit card is a card that is attached to your savings account. This account acts as collateral to your credit card in this case. These cards are relatively easier to obtain, and if used wisely then can improve your credit score in a few months’ time, granting access to obtain another card. To build a good credit history is one of the most significant factors in determining your credit score. Apart from just building a good credit score, having a secured credit card is also simple to obtain as there is no income proof required. And, in most cases, banks will approve these cards for low salaried individuals as well.
In case, you are having a  CIBIL score of less than 700, there is a possibility that you can get a lower limit on the credit card and might not come with attractive offers. It is better to work hard on improving your low credit score in order to avail cards with lower interest rates and higher benefits.
A credit card is no more only a convenient luxury, it is an indispensable tool if used wisely. Anyone who is looking to build good credit, in that case, credit card plays a very important role. It comes with a large spectrum of services and can be a fantastic way to up your credit score.
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