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What Is the Age Limit for Applying for a Credit Card? – Rules and Regulations Explained

Have a credit card in our wallets or card holders has become a necessitybecause in times of emergency or to indulge ourselves, buy monthly without interest or to have exclusive pre-sales, we can resort to this tool, with which we must be responsible when using it.

But It is worth mentioning that for certain banking institutions there is an age limit when applying to the bank a credit card, so it is important to know what this limit is.

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It is worth mentioning that Credit cards can bring benefits to their holders such as improving their credit scoresaves the need to carry cash, is an excellent ally when paying fees or unforeseen events, in addition to offering rewards, discounts and benefits.

What is the age limit to apply for a credit card?

Some financial institutions indicate that there is an age limit to apply for a credit card.

According to the banks Scotiabank and BBVA, The age limit allowed to apply for a credit card is 74 years and 11 months of age.

Although according to the portal BBVA In a section of questions, age is no longer a factor to take into account when it is demonstrated that one has the ability to responsibly manage finances.

“If you are a responsible adult and meet the financial requirements, you can get a credit card at any age. The key is to demonstrate that you have the ability to manage yourself responsibly,” indicates the institution.

2024-01-13 23:42:09
#age #limit #apply #credit #card #Mexico

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