Credit Cards for Retired Employees - Age 60 and Above

[PANK]

Please share name of the bank that offers credit card to a retired government employee who is getting a decent pension

 

[HumorSimpson]

@RAMESH BABU N . .

 

[luciferlucifer is verified member.]

Please share name of the bank that offers credit card to a retired government employee who is getting a decent pension

Usually cc are not given without any income unless per approved. also do mention the age. 60 above are not issued any ccs usually by banks

 

[RAMESH BABU N]

Many Indian banks issue Credit cards upto 65 yrs. Good income streams, ITRs of above 6-7L (minimum) and CIBIL score of 770+. Foriegn Banks do not give CCs to 60+ - always exceptions are more for every rule in CC business.

I added 12 CCs AFTER 62 yrs of age. I had over 30 different CCs in the last 35 years or so. Since CIBIL score was introduced, my score was always close to 800.

So, age is not a problem.

 

[RAMESH BABU N]

I became a Pensioner at 52. Setting up an Indian Subsidiary for a French MNC IT firm at 54 helped me in continuining my play with CCs.

Even at 62-63, we got CCs from AMEX-1, AXIS-3, ICICI-3, SBI-3, PNB-2, INDUSIND-1, KOTAK-3, UBOI-1, SBM-1 - besides pre-paid ones like PepperMoney and Junio.

Absolute first timers for CC - pensioners beyond 60 - I suggest a Secured CC and start scouting for other CCs on a C2C basis.

 

[PANK]

I became a Pensioner at 52. Setting up an Indian Subsidiary for a French MNC IT firm at 54 helped me in continuining my play with CCs.

Even at 62-63, we got CCs from AMEX-1, AXIS-3, ICICI-3, SBI-3, PNB-2, INDUSIND-1, KOTAK-3, UBOI-1, SBM-1 - besides pre-paid ones like PepperMoney and Junio.

Absolute first timers for CC - pensioners beyond 60 - I suggest a Secured CC and start scouting for other CCs on a C2C basis.

I already have cc from some private bank like axis au and idfc
Suggest bank which can easily approve cc application and which income source should I choose
My cibil is also close to 800 and itr is less than 8L

 

[SSV]

I already have cc from some private bank like axis au and idfc
Suggest bank which can easily approve cc application and which income source should I choose
My cibil is also close to 800 and itr is less than 8L

What would be you are looking in your new cc?
And age group?

 

[PANK]

What would be you are looking in your new cc?
And age group?

Age group less than 65
Cashback card for online spend

 

[SSV]

Age group less than 65
Cashback card for online spend

Have you tried for SBI CB card?
If not , you can try as a pensioner..
Is your Age : 61- 64 ?

 

[SSV]

Age group less than 65
Cashback card for online spend

You can try for Kotak Myntra card as well

 

[RAMESH BABU N]

Pensioners can try for CCs from their Pension Paying Branch - thru offline method (for first timers) or thru C2C method (if they have any CC). Based on their relationship with it, that Bank will give even top end (or popular) CCs. They are also eligible for pre-approved offers.

 

[RAMESH BABU N]

I already have cc from some private bank like axis au and idfc
Suggest bank which can easily approve cc application and which income source should I choose
My cibil is also close to 800 and itr is less than 8L

Try KOTAK/AXIS/INDUSIND/ PNB. Depending upon your location and close proximity to their branches. Unlike in online way, in offline way, the branch/agent can add their recommendations - which matter a lot.

Look out for their LTF cards. Approach agents/branch directly. Give needed dox and follow-up till you get the card.

 

[jamboy777]

Does any bank give unsecured credit cards to pensioners or people above 60 years of age? Is online or offline application, the better choice for people above 60?

 

[Mr. BeanMr. Bean is verified member.]

Please see the below post /thread...

Post in thread 'Credit Cards for Retired Employees - Age 60 and Above'

Apr 10, 2024

I became a Pensioner at 52. Setting up an Indian Subsidiary for a French MNC IT firm at 54 helped me in continuining my play with CCs.

Even at 62-63, we got CCs from AMEX-1, AXIS-3, ICICI-3, SBI-3, PNB-2, INDUSIND-1, KOTAK-3, UBOI-1, SBM-1 - besides pre-paid ones like PepperMoney and Junio.

Absolute first timers for CC - pensioners beyond 60 - I suggest a Secured CC and start scouting for other CCs on a C2C basis.

• RAMESH BABU N

• 

 

[jivesh]

My father age 68. He received Icici, axis, hdfc, kotak, au, rbl bajaj credit card.
Trick- open saving account and wait for pre approved credit card.
He still waiting for idfc first, Federal, yes bank credit card.

 

[prankster]

IDFC wealth will give you preapproved wealth CC after a few months

 

[VasukiVasuki is verified member.]

IDFC wealth will give you preapproved wealth CC after a few months

Only in idfc service area

 

[Pissant]

Banks like IDFC and ICICI will give to people over 60, but not to people between 18-21. Sad.

 

[jamboy777]

Banks like IDFC and ICICI will give to people over 60, but not to people between 18-21. Sad.

ICICI won't. Only a few exceptions.