Suggest a FD based card for building credit score in 2024

[Fini7777]

Hi guyss... My friend is currently looking for a FD based credit card to start his credit card Journey

He only want cards which can be availed with 5k FD
So, pls suggest a good card for him, He's a student and going to UK any kind of forex benefits may be helpful

Currently kotak cannot issue cards and IDFC is asking 10k FD and he's not ready to take onecard as once we take onecard then we can not get unsecured onecard later...

Any good alternatives other than these 3 are appreciable... 🙂

 

[BVCBVC is verified member.]

Hi guyss... My friend is currently looking for a FD based credit card to start his credit card Journey

He only want cards which can be availed with 5k FD
So, pls suggest a good card for him, He's a student and going to UK any kind of forex benefits may be helpful

Currently kotak cannot issue cards and IDFC is asking 10k FD and he's not ready to take onecard as once we take onecard then we can not get unsecured onecard later...

Any good alternatives other than these 3 are appreciable... 🙂

5K FD card and no one card, I guess it's tough and he will have limited options.

I suggest go with IDFC wow with 10K only if he is not willing to take onecard. That's the best choice he have. Else he need to opt for some Fintech Cards which I am not sure of.

 

[Fini7777]

5K FD card and no one card, I guess it's tough and he will have limited options.

I suggest go with IDFC wow with 10K only if he is not willing to take onecard. That's the best choice he have. Else he need to opt for some Fintech Cards which I am not sure of.

Yeah, There r plenty of fintech cards in the market
But I am not aware of them

Anyone who are using those fintech cards may give ur feedback here....

 

[InfamousInfamous is verified member.]

IDFC WOW is the best choice considering it has 0 forex fee as well as 100% FD limit.

 

[BVCBVC is verified member.]

Yeah, There r plenty of fintech cards in the market
But I am not aware of them

Anyone who are using those fintech cards may give ur feedback here....

I suggest IDFC wow only in the beginning journey. Just 5K additional for him total 10K. He can get into Private Banking CC system.

100% CL on FD and good for IDFC merchant offers and all.

 

[BVCBVC is verified member.]

@Fini7777 If you are satisfied with the suggestion you can mark the post which is relevant as solution. Thanks.

 

[isthisme]

I suggest IDFC wow only in the beginning journey. Just 5K additional for him total 10K. He can get into Private Banking CC system.

100% CL on FD and good for IDFC merchant offers and all.

Is there a minimum time frame to close this FD?

 

[BVCBVC is verified member.]

Is there a minimum time frame to close this FD?

No I guess, I have closed it within 3 months.

 

[rockking1994]

Well I would suggest registering on Amazon pay later you don’t need to buy any thing just register for it
In a month or two your cbil will be generated and then can ask any bank to issue a card most bank will issue a basic rupay cc based on score

 

[Swastik]

Hi guyss... My friend is currently looking for a FD based credit card to start his credit card Journey

He only want cards which can be availed with 5k FD
So, pls suggest a good card for him, He's a student and going to UK any kind of forex benefits may be helpful

Currently kotak cannot issue cards and IDFC is asking 10k FD and he's not ready to take onecard as once we take onecard then we can not get unsecured onecard later...

Any good alternatives other than these 3 are appreciable... 🙂

Look into SBM Paisabazaar card, it's a very basic rupay card, not sure about forex rate, bit gettable with 5k fd

I had asked a similar question before, this is the best answer i got, didn't go for it though