ExcitedBeast
TF Buzz
Can you please suggest ways to get my first CC
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CREDIT CARD AVAILABILITY FOR STUDENT WITH CIBIL 764 and NO CC
- Thread starter ExcitedBeast
- Start date
The best way will be stating with credit against some fixed deposit. You can start with a small amount initially to have a credit history. Once you get a credit card against a fixed deposit, do the regular transaction with that credit card and pay all dues timely. You can check SBI Student Plus Advantage Card, ICICI Bank Student Travel Card, Axis Bank Insta Easy credit card.
tiny
TF Premier
he has already mentioned that he is a student..!!
Sreerag
TF Premier
Your CIBIL score is good. So do one thing, Take ICICI Platinum CC against FD. Now put an FD amount of what you like.
My preferred would be the amount you use, it must be 30%... So if you spend 30k pm, put an FD of 1l... Don't make it hard on yourself.
If you don't have that much money, just spend 1k or 2k on the CC to keep the CUR good. Now after you have a good score, use or upgrade that CC. Most banks dont accept C2C Secured CCs.
Edit:
Banks do not give CCs to students except cards like OneCard, which is the only credit card.
Slice, UniPay etc are credit lines and have been regulated recently by RBI making them stop issuing these cards.
Only ways to get a CC for student is.
1. Add-on card
Tell your parents to take a basic card, you can then apply for add on
2. Secured CCs
Make an FD of xx amount then you will get an instant credit card. There will be a minimum tenure for some banks, but you will get a card on your name. Taking Secured CC also increases your score.
Last edited:
Try to apply for IDFC and/or Onecard CC
If you have CIBIL score, you must be having a credit history too
Is it an Education Loan or something else? How much old and how much amount?
If you have CIBIL score, you must be having a credit history too
Is it an Education Loan or something else? How much old and how much amount?
ExcitedBeast
TF Buzz
It is a Slice card loan which is showing on the CIBIL and it is for the amount ₹10,000
ExcitedBeast
TF Buzz
I had a doubt, after I get secured CC and use it for sometime. How exactly will I be able to get upgrade the CC?
tiny
TF Premier
1st thing to do is to install one score app and keep a check on your CIBIL from there. You might get a pre approved offer from ONE CARD
Sreerag
TF Premier
Your credit score will increase, which increases the chances of upgarding the card. Call customer care and if your credit history is good. They may upgrade your card. And also, by the time you get a job, your credit score will be good, allowing you to take premium cards and/or loans (i e. Housing loans etc)
Sreerag
TF Premier
Take OneCard or Axis Insta Easy Card, they give it out for students. Or try for an add-on card, legally it's your parent's but you can manage the card. Or open a savings account with one of the banks, most probably they'll give you an credit card. That happened in my case. I have ICICI account, they offered me Coral CC for LTF, that's not even my salary account, so make sure u maintain a 20k avg balance then surely you'll get
lostwords
TF Select
@ExcitedBeast You may take a look at this https://www.idfcfirstbank.com/credit-card/credit-card-against-fixed-deposits
This might be an exciting offer for you.
This might be an exciting offer for you.
Akash Topder
TF Premier
CC against FD is the best option ar first. If you don't have much amount to make an FD in banks like Axis or ICICI then I'll recommend you OneCard. Some people do get the unsecured metal variant but most people get it with an FD of only 2k.
Subhankar_17
TF Buzz
I have One Card from SBM Bank limit 13000. And I am using it from July 2022. Can I get any life time free credit Card?
wait. 13k limt of sbm and it secured card , what about cibil and check for already posted thread on these
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