Best Credit Cards In India 2022
- Axis Bank Ace Credit Card.
- Flipkart Axis Bank Credit Card.
- SimplyCLICK SBI Credit Card.
- HDFC Millennia Credit Card.
- American Express SmartEarnu2122 Credit Card.
- HDFC Regalia Credit Card.
- SBI SimplySAVE Credit Card.
- SBI Card PRIME.
Is Revolut a credit card? Revolut Cards – Everything you need to know
Remember, Revolut is not a credit or Debit Card – It’s a prepaid Revolut Card 🙂 To find out more about which card is available in your country, click below to get your first free card !
Consequently, Which bank gives credit card easily? the Axis Bank Insta Easy credit card is one of the best instant approval credit cards in India. procuring this credit card is hassle-free as you do not have to give any income proof or other additional details. having a fixed deposit of INR 20,000 in any Axis Bank branch makes you eligible for this instant credit card.
Which bank offers credit card easily? Some of the most popular banks offering credit cards in India are HDFC, SBI Card, ICICI, Amex, Axis, Citibank, Standard Chartered Bank and Kotak Mahindra Bank.
FAQ
How can I get a credit card with no income?
Steps to obtain a credit card without any income proof
- Show an employment letter if you are due to start working. …
- Consider getting a secured credit card. …
- Get an add-on card. …
- Display a bank account with a generous balance. …
- Get a credit card jointly.
Is it good to have a credit card? The biggest advantage of a credit card is its easy access to credit. Credit cards function on a deferred payment basis, which means you get to use your card now and pay for your purchases later. The money used does not go out of your account, thus not denting your bank balance every time you swipe.
How do you know if your approved for a credit card? Visit the bank’s official website and click on ‘Credit Cards’ tab on the homepage. On the right of the page, click on ‘To know your Application Status’ Click on ‘Proceed’, which will take you to another page that says ‘Track your online application status’
Can I get credit card with 10000 salary? Only a very few lenders will have credit cards for people who have a salary of Rs. 10,000. Apart from your salary, your credit history will also be checked, if you want to qualify for these credit cards. If you have a good credit score, you have a better chance of getting approved for a reasonable credit limit.
Can I get a credit card without income?
Can I get a credit card without Income Tax Return? Yes, you can avail a credit card without Income tax return as no credit cards issuers ask for IT returns from customers.
Can an unemployed person get a credit card? Yes, although it might be difficult for self-employed/unemployed to get a credit card, it is not impossible to get one. You can get a card, albeit with some caveats. Here is a look at how someone who is not employed or does not have standard flow of income can get a credit card.
Which bank gives credit card easily without income proof?
Banks That Provide Credit Cards Without Proof Of Income
State Bank of India. Bank of Baroda. Kotak Mahindra Bank. Andhra Bank.
Can I get a credit card without a job? Credit card issuers are more interested in your income than your job. They also look at your credit history, credit scores and existing debt. You can meet the income requirement even without a job by including on your application any income you have access to. Even if your income comes up short, rest easy.
What are 3 problems that can result from the misuse of credit cards?
- Getting into credit card debt. If you have the wrong attitude about credit cards, it could be easy to borrow more than you can afford to pay back. …
- Missing your credit card payments. …
- Carrying a balance and incurring heavy interest charges. …
- Applying for too many new credit cards at once. …
- Using too much of your credit limit.
What are the disadvantages of a credit card?
Disadvantages of using credit cards
- Established credit-worthiness needed before getting a credit card.
- Encouraging impulsive and unnecessary “wanted” purchases.
- High-interest rates if not paid in full by the due date.
- Annual fees for some credit cards – can become expensive over the years.
- Fee charged for late payments.
How do beginners use credit cards? 10 Tips for Using Your First Credit Card
- Set a Budget. …
- Keep Track of Your Purchases. …
- Set Up Automatic Payments. …
- Use as Little of Your Credit Limit as Possible. …
- Pay Your Bill in Full Each Month. …
- Check Your Statement Regularly. …
- Redeem Rewards. …
- Use the Extra Perks.
Can I lie about income on credit card application? The bottom line. It is never okay to lie on a credit card application; you may not get caught, but the consequences could be severe if you are. The reason why credit card companies institute certain limits is so that you don’t take on more debt than you can handle.
Does 7 10 days mean denial?
7-10 Days Status Message
A 7-10 day message typically means that your application has been denied. You can either wait for the rejection letter or call Chase reconsideration line at 1-888-270-2127 and plead your case.
How long does it take to apply credit card? How long will it take to receive the new card? Although you may get approved for a credit card almost instantly if you apply online, it can take up to 14 days for the card to arrive in the mail. If you applied for the card by mail or over the phone, approval may take longer.
Do credit cards check income?
Will a credit card company verify your income? Although a credit card company could ask you to provide income verification, this almost never happens. Instead, they’ll take your word for it and use your reported income.
How do I know my credit card limit? 1. Check Credit Card Limit Through Net Banking
- Visit the bank’s net banking portal.
- Use your credentials and log in to your account.
- Go to the credit card section.
- Select the credit card for which you want to check the limit.
- Click on the ‘View account summary’ option.
What is the lowest credit card limit?
Your first credit limit may be as low as $100 if your first credit card is from a retail store, but you might be approved for a slightly larger credit limit up to $500 if your first credit card is issued by a bank or credit card company.
What is the minimum income for credit card? If you’re applying for an unsecured credit card from a major issuer, you’ll likely have to meet a minimum income requirement — usually $10,000 or $12,000 per year. If your income is too low, or you’re carrying too much debt, your application might be rejected.
Is salary slip required for credit card?
To avail without salary slip credit card in India, you have to submit the bank statements where your salary is credited. The statement holds information on transactions made by the employer showing the credit of salary into your bank account every month.
What’s a good annual income for a credit card? A good annual income for a credit card is more than $39,000 per annum for a single individual or $63,000 per year for a household. Anything lower than that is below the median yearly earnings for Americans. However, there’s no official minimum income amount required for credit card approval in general.
What is the minimum salary required to apply for credit card?
The minimum salary required to apply for a credit card in India is around Rs. 3 lakh p.a. Although, it’s best to check this criterion with your bank as this requirement differs depending on the card issuer you choose.
Can I get credit card without payslip? To avail without salary slip credit card in India, you have to submit the bank statements where your salary is credited. The statement holds information on transactions made by the employer showing the credit of salary into your bank account every month.
