The credit Card authorization form is a mandatory formal filing while you are applying for a credit card from an authorized bank. Some portions of this form are filled by the bank authority after critically analyzed your eligibility criteriums while some are to be filled by yourself as an applicant. Here in below, from the image, you can get an idea of a standard credit card authorization form aka credit card authority form.
Information asked in a Credit Card Authorization Form
Basic information: There is some basic info related to your personal snippet are asked to fill by the applicant himself/ herself. These are “Name”, “Address” and type of credit card you want to get along with the credit card no (in case if you already have a preapproved credit card).
Another part of the form asks to fill some authorization list like “auto debit” option from your account in the bank. There is an option of authorizing the bank to charge the billed amount directly from the savings or current/ corporate account.
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Credit Card Authorization Form PDF
Special Note: you need to submit resolution document on the company’s letter head in case you are authorizing the bank to “auto debit” from the corporate account.
A hack: Don’t let bank to auto debit your billed amount from your account directly. Because if in case you are going through cash shortage, some cash is your bank can save you. Credit card bill can wait for 30- 45 days after billing cycle is completed. It’s enough to recover from a sudden cash shortage.
A space for specimen signature is also provided there so that bank can validate your signature and get the authorization to do all the tasks you are authorizing it to do.