The statement indicates that an application for an Amazon credit card has not been automatically approved and requires additional scrutiny by the issuing financial institution. This process signifies that the initial assessment of the applicant’s creditworthiness and provided information necessitates a more in-depth evaluation before a final decision can be made regarding approval or denial of the credit card.
This additional evaluation is crucial to mitigate risk for both the card issuer and the potential cardholder. It allows the financial institution to thoroughly examine factors such as credit history, income verification, and any discrepancies found in the application. Historically, manual review processes have been a standard practice in credit card underwriting to ensure responsible lending and prevent fraudulent activity. The benefits of this process include minimizing potential losses for the issuer, while also safeguarding consumers from potentially unsustainable debt burdens.