FAQ: How To Apply For A Credit Card?

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How can I get a credit card for the first time?

How to Get a Credit Card for the First Time:

  1. See if you have a credit report and score.
  2. Determine whether student credit cards are an option.
  3. Compare secured and unsecured starter cards.
  4. Limit your search to cards with the lowest fees.
  5. Choose the best remaining offer for your needs.
  6. Submit your credit card application.

What is the easiest credit card to get approved for?

What Is the Easiest Unsecured Credit Card to Get Approved For?

  • Credit One Bank Platinum Visa: The Credit One Bank Platinum Visa offers cash back with no security deposit required.
  • Total Visa: The Total Visa is an unsecured credit card designed for people who don’t have perfect credit.

How can I qualify for a credit card?

Basic requirements to get a credit card

  1. Be at least 21 years old or 18 with either a parent’s permission or a verifiable source of income.
  2. Have a Social Security number.
  3. Have a source of income.
  4. Have a positive credit history.
  5. Start earning rewards.
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What is the minimum salary to get a credit card?

Credit Card Eligibility

Credit Card Provider Age Requirement Min. Income Requirements
Axis Bank 21 – 60 years Rs. 25,000 per month
Citibank 23 – 60 years Rs. 25,000 per month
HDFC Bank 21 – 60 years Rs. 13,500 per month
HSBC Bank 21 – 60 years Rs. 3.00 lakh per annum

Does it cost money to open a credit card?

To open your account, you’ll first need to put down a cash deposit. Your credit limit is typically equal to your deposit. Minimum deposit requirements range from $200 to $500, depending on the card. Most secured cards allow you to deposit more to get a higher credit line.

What is the best first time credit card?

Best First Credit Cards of 2021

  • OverallCapital One Platinum Credit Card.
  • Cash BackCapital One QuicksilverOne Cash Rewards Credit Card.
  • Rewards & No FeePetal® 2 Visa® Credit Card.
  • High Approval OddsDiscover it® Secured Credit Card.
  • No SSNDeserve® EDU Mastercard for Students.
  • No Credit CheckOpenSky® Secured Visa® Credit Card.

Can I get a credit card with a 450 credit score?

A 450 credit score is a bad credit score, unfortunately, as it’s a lot closer to the lowest score possible (300) than the highest credit score (850). As a result, a 450 credit score will make it difficult to qualify for a loan or unsecured credit card.

What is the fastest way to build credit?

8 Ways to Build Credit Fast

  1. Pay bills on time.
  2. Make frequent payments.
  3. Ask for higher credit limits.
  4. Dispute credit report errors.
  5. Become an authorized user.
  6. Use a secured credit card.
  7. Keep credit cards open.
  8. Mix it up.
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What credit card can I get with bad credit and no deposit?

Best Unsecured Credit Cards for Bad Credit:

  • Credit One Bank® Platinum Visa ® for Rebuilding Credit – No Deposit.
  • Total VISA ® Credit Card – Instant Approval.
  • Credit One Bank® NASCAR® Credit Card – NASCAR Fans.
  • Indigo® Mastercard® for Less than Perfect Credit – No Upfront Fees.

Why did I get declined for my first credit card?

Too much debt: If you have a lot of outstanding credit obligations — loans, mortgages and high credit card balances — issuers will view you as a higher-risk borrower. Too young: You’ll be denied credit if you’re under 18, and likely if you’re under 21 and don’t earn an independent income.

Can I get a credit card for free?

Credit cards don’t have to cost money — in fact, they can be totally free. In most cases, all you need to do is choose one without an annual fee and pay your statement balance in full every month.

Can I get credit card with 10000 salary?

Can I get a credit card with a 10000 salary? You can get a credit card with a salary of Rs. 10,000, but you won’t have a wide variety of options when it comes to picking the credit card you want. You might not even be able to get a credit card from a specific lender that you prefer.

Can I get credit card with 25000 salary?

The card comes with a basic reward rate of 1.33% but offers double rewards on online shopping. Best Credit Cards in India for People with Income Below Rs. 25,000.

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Credit Card Annual Fee Minimum Monthly Income
HDFC Times Titanium Credit Card Rs. 500 Rs. 15,000
ICICI Bank Coral Contactless Credit Card Rs. 500 Rs. 20,000

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