Getting a Credit Card
Good morning, I would like to apply for a credit card.
Wonderful! Please have a seat. Which credit card interested you the most?
I wanted to apply for a Mastercard please.
Alright, we can get started on the application. Are you currently working?
Why do you need to know if I am working?
The bank needs to know that you will be able to pay back your credit card.
Ok, I understand now. Yes I do have a job.
How long have you worked at your job?
I have been working with this company for two years.
And what is your gross monthly income?
I make $2500 a month before taxes.
Do you rent or own your home?
I rent an apartment.
What is the amount you pay for rent every month?
I pay $800 a month in rent.
Now I am going to check your credit report to find your credit score.
Why is my credit score important?
We use your credit score to determine how reliable you have been in the past.
Oh, so you want to know if I am good about paying my debts.
Exactly, and it looks like you have a credit score of 700.
Is that good enough to get a Mastercard today?
Yes, and because your score is high, we can also give you a low interest rate.
How will the interest rate affect my credit card?
The lower your interest rate, the less you will have to pay back the bank.
Very good! Is there anything else for me to do?
Just sign this form and you will receive your Mastercard in the mail in a few days.