Credit card for low cibil score (650)

[shrirang]

I am looking for an easily available credit card for my parents.
There was a missed payment for 6 months 3 years back lowering CIBIL to 648 now.

Any suggestion on how to improve CIBIL record or some decent credit card that can be availed easily?

Hold Indus Grande account but Legend denied twice.
Recently added Axis Burgundy to portfolio.

Thank you in advance

 

[Vasuki]

I am looking for an easily available credit card for my parents.
There was a missed payment for 6 months 3 years back lowering CIBIL to 648 now.

Any suggestion on how to improve CIBIL record or some decent credit card that can be availed easily?

Hold Indus Grande account but Legend denied twice.
Recently added Axis Burgundy to portfolio.

Thank you in advance

Get fd backed card & after activation sit tight.
If u have Burgundy! Get Axis cc via fd .
Wait for cibil to go 750+ .. then flood gates open for you to collect perls .
Till then enjoy without applying any cc & avoid opening pandora box of Cibil hit unnecessary.

Bcz no matter what u do with 650 u aren't getting anything other than rejection

 

[techt]

I am looking for an easily available credit card for my parents.
There was a missed payment for 6 months 3 years back lowering CIBIL to 648 now.

Any suggestion on how to improve CIBIL record or some decent credit card that can be availed easily?

Hold Indus Grande account but Legend denied twice.
Recently added Axis Burgundy to portfolio.

Thank you in advance

How for 648 score ?

 

[Vasuki]

How for 648 score ?

Come with more innovative answers

 

[techt]

Come with more innovative answers

Now I am feeling rejected and my sarcasm score dropped. That was a genuine post and later realized those are bank accounts.

 

[Vasuki]

Now I am feeling rejected and my sarcasm score dropped. That was a genuine post and later realized those are bank accounts.

Full point to creativity

 

[SSV]

I am looking for an easily available credit card for my parents.
There was a missed payment for 6 months 3 years back lowering CIBIL to 648 now.

Any suggestion on how to improve CIBIL record or some decent credit card that can be availed easily?

Hold Indus Grande account but Legend denied twice.
Recently added Axis Burgundy to portfolio.

Thank you in advance

If your delayed payments go past 3 years old, then your score will recover drastically..
Please check your latest cibil and share the ss of delayed payments. We will advise

 

[Akashn]

I am looking for an easily available credit card for my parents.
There was a missed payment for 6 months 3 years back lowering CIBIL to 648 now.

Any suggestion on how to improve CIBIL record or some decent credit card that can be availed easily?

Hold Indus Grande account but Legend denied twice.
Recently added Axis Burgundy to portfolio.

Thank you in advance

Get a FD based CC and use it for a year.. make timely payment. Once cibil goes above 720 then apply for entry level credit cards

 

[shrirang]

Get fd backed card & after activation sit tight.
If u have Burgundy! Get Axis cc via fd .
Wait for cibil to go 750+ .. then flood gates open for you to collect perls .
Till then enjoy without applying any cc & avoid opening pandora box of Cibil hit unnecessary.

Bcz no matter what u do with 650 u aren't getting anything other than rejection

This is something that I have in mind. But it blocks FD so looking for better options (if any)
Will go for fd backed card at the end.

Any other credit line to boost CIBIL?

 

[shrirang]

If your delayed payments go past 3 years old, then your score will recover drastically..
Please check your latest cibil and share the ss of delayed payments. We will advise

Checked CIBIL last month after legend card was rejected. I was under the impression that Grande should fetch legend easily.

 

[Vasuki]

This is something that I have in mind. But it blocks FD so looking for better options (if any)
Will go for fd backed card at the end.

Any other credit line to boost CIBIL?

See
If u take 1 lakh fd card from axis or icici

When ur Cibil improve ..u will get limit similar to 1 lakh ...

If u take bnpl somehow which is unlikely .
U will get low limit. Card in start ..

Fd card is best way

 

[Vasuki]

Checked CIBIL last month after legend card was rejected. I was under the impression that Grande should fetch legend easily.

@S S V @saucy this grande account is very less talked about .even though it guarantee cc ..
Whats the real reason

 

[SSV]

Checked CIBIL last month after legend card was rejected. I was under the impression that Grande should fetch legend easily.

Post the cibil report here / in dm hiding sensitive data
Then we can advise better, your understanding may differ to other knowledgeable members.
If you want privacy you can dm me
I can help you in my free time

 

[Akashn]

See
If u take 1 lakh fd card from axis or icici

When ur Cibil improve ..u will get limit similar to 1 lakh ...

If u take bnpl somehow which is unlikely .
U will get low limit. Card in start ..

Fd card is best way

He doesn't even need that much amount. 5-10k FD will do..

 

[SSV]

@S S V @saucy this grande account is very less talked about .even though it guarantee cc ..
Whats the real reason

There is one grnade expert talked about this before. Let me check

 

[Vasuki]

He doesn't even need that much amount. 5-10k FD will do..

Yes but what i saw in 3-4 cases .here
One who did large amount fd got limit near to fd when they got unsecured card .
For cibil improvement ..even 2k works

 

[4uziaul]

@S S V @saucy this grande account is very less talked about .even though it guarantee cc ..
Whats the real reason

It doesn't guarantee anything. You will get a CC based on your CIBIL profile.

 

[SSV]

@S S V @saucy this grande account is very less talked about .even though it guarantee cc ..
Whats the real reason

There is one grnade expert talked about this before. Let me check

Here it is
Thread 'Indus Grandé Savings Account - Discussion' https://www.technofino.in/community/threads/indus-grandé-savings-account-discussion.16598/

 

[SSV]

It doesn't guarantee anything. You will get a CC based on your CIBIL profile.

I think most of high end products of indus ind are not worth except for
Select n legend
Pinnacle and exclusive combos
Doc ji @DocFixIt

 

[Vasuki]

It doesn't guarantee anything. You will get a CC based on your CIBIL profile.

Meaning the score ! Or the match to highest credit limit