Recently got a Credit Card, will I start to get offers from other banks for their CC in upcoming months?

[Ad.Astra]

Hi guys,

I am a new member here. It's a good community, learned many new things here.

So I recently got a secured CC from OneCard (issued by SBM Bank). I was just wondering if I will start to recieve offers for unsecured CCs from other banks in upcoming months?

The reasoning why I am asking this is I was going through the thread on how members here got their first CC and couple of them said they started to receive offers for other CCs, once they had their first CC.

 

[Cierdo]

I personally have not received any such calls in the past 4 years. It is all about your CIBIL data, whoever gets it from a third party, will be in a position to call you. Using third party services to fetch your credit score can result in your data being passed onto third parties who'd then pass it on to Credit Card companies, who will then evaluate your profile to send you offers.
I'd recommend to not wait for any such calls and apply for unsecured cards after 5-6 months directly.

 

[007]

Hi guys,

I am a new member here. It's a good community, learned many new things here.

So I recently got a secured CC from OneCard (issued by SBM Bank). I was just wondering if I will start to recieve offers for unsecured CCs from other banks in upcoming months?

The reasoning why I am asking this is I was going through the thread on how members here got their first CC and couple of them said they started to receive offers for other CCs, once they had their first CC.

You can try applying for unsecured CCs after 6 months.

 

[Ad.Astra]

I personally have not received any such calls in the past 4 years. It is all about your CIBIL data, whoever gets it from a third party, will be in a position to call you. Using third party services to fetch your credit score can result in your data being passed onto third parties who'd then pass it on to Credit Card companies, who will then evaluate your profile to send you offers.
I'd recommend to not wait for any such calls and apply for unsecured cards after 5-6 months directly.

Yes. It seems third party agencies pass credit score to Banks and CC companies. In the past I have fetched my Credit Score from multiple platforms, but now only use Onescore.

 

[Ad.Astra]

You can try applying for unsecured CCs after 6 months.

Ok. 👍.
Till then my focus is on strengthening my credit score.

 

[007]

Ok. 👍.
Till then my focus is on strengthening my credit score.

Yup, making timely payments is the 🗝
Pro Tip: Pay ₹5-10 rupees more then the bill!

 

[AllSeeker]

What limit did you get it for secured card, limit also matters, make sure if you are getting secured card then it has around 50k at least.

It helps when you apply card to card. Also keep in mind that one card is not usually accepted for card to card application. (No app based cc is, unless you are applying for unsecured cc of same issuing bank of onecard, but even then in case of secured you might be out of luck)

 

[vaibhav111vaibhav111 is verified member.]

I personally have not received any such calls in the past 4 years. It is all about your CIBIL data, whoever gets it from a third party, will be in a position to call you. Using third party services to fetch your credit score can result in your data being passed onto third parties who'd then pass it on to Credit Card companies, who will then evaluate your profile to send you offers.
I'd recommend to not wait for any such calls and apply for unsecured cards after 5-6 months directly.

couldn't say anything better than this , pre-approved offer come only you have relationship with that particular bank, don't head over to paisabazzar and what not and apply for cc, sometime it work but rest time you will get call and manual KYC is dumb where digital have replaced them, so use your onecard and enjoy life and you can apply for other cc in 6 month frame , you can do in 3-4 month too but what your cibil score and income shown in itr cause each bank offer cc differently