Which bank can give me a credit card?
21 Best Credit Cards in India 2017 (Review & Comparison)Standard Chartered Platinum Rewards CardICICI Instant Platinum CardStandard Chartered Manhattan Credit CardCitibank Cashback Credit CardHDFC Regalia Credit CardSBI Simply Click Credit CardAmex Gold CardRBL Titanium Delight CardStandard Chartered Super Value Titanium Credit CardCitibank Indian Oil Credit CardAmex Platinum Travel Credit CardCitibank Premier Miles Credit CardJet Airways American Express Credit CardSBI Air India Signature CardAmex MakeMyTrip Credit CardSBI IRCTC Credit CardAxis Bank Privilege CardHDFC Diners PremiumSBI Signature Credit CardYes Bank Preferred Credit CardCitibank PrestigeYou can pick the best credit card for yourself, as per your needs.The first category is first time applicants, who need an all-rounder credit card because either they have just started a new job or are working in a government organization.The second category is people who want to apply for a second credit card, to avail benefits on shopping, fuel and travel.The third and last category of people want to apply for premium credit cards even if that means annual fees of 5000 rupees or more.
Which bank will give me a credit card when my CIBIL score is 0?
Most banks will not let you get a credit card if you do not have a credit score of 750 or more. However, secured credit cards are a very good alternative. I recommend that you look at the SBI Unnati credit card.SBI Unnati Credit card was launched by SBI with the aim of bringing a product for the masses who might not have a credit history to show for. Here are a few key ways it is different from most other credit cards:Secured credit card: SBI issues the Unnati card with a lien on the cardholder’s fixed deposit with SBI of Rs. 25000 or more.No need of credit history: Since this is a secured credit card, SBI does not care about what your credit score looks like.Good option for first time borrowers: If you do not have a credit history built up due to lack of any borrowing history, this might be a good option. Be timely on your payments and your credit score should reflect that soon.Zero fee for 4 years: The card waived off its annual fee of Rs. 499 for the first 4 years.
Why won't anyone give me a credit card?
Every time you were declined, you should have received a letter explaining why you were declined. More than likely, they are telling you that you lack a credit history. And by applying for credit repeatedly, you are damaging whatever credit you have. If you are serious about wanting to build your credit, I suggest you start saving up the $300 to do the secured credit card Washington Mutual offered. It is the easiest way to get a credit card and to avoid getting over your head in debt. You would use it for small purchases and pay it off in full each month. Good credit takes time to build. If you are concerned that something may be on your credit report that is not there, then get a copy of your report. You can get your free annual credit report at www.annualcreditreport.com - don't use those sites you see advertised on TV. They aren't really free; they want to sell you something. Good luck.
Bank Of America Credit Card ?
I can't speak on Bank of America specifically, but I have seen some banks and stores give instant access to the credit lines they approve an applicant for. Just depends on each creditor. Normally you have to wait for the card, but like I said, some have the ability to give you a temporary card to access the credit immediately. I am assuming you would be applying in person. It would also depend on whether they will be processing the application fully at the bank branch. Some banks have offsite locations that actually do the processing (underwriters), and so the actual branch location cannot issue a temporary card or give access to the credit. You will have to ask and see if the representatives onsite knows anything about that. Watch to see if they are speaking from experience or conjecture (hate it when reps guess and try to act like they know).
How does a bank benefit by giving me a credit card?
A lot of credit card customers are actually unprofitable for banks. If there is zero activity, they still have to send you a card and billing statements, pay for the customer reps if you call in, etc... This base cost may be $10 or it may be $150 a year depending on your behavior. There are two major groups of people that make offering a credit card product profitable for a bank despite incurring these costs.Revolvers - this is the term for credit cardholders that do not pay off their statement balance in full every month. The bank charges 12-25% interest (aka finance charge) on this balance, which generates a lot of profit. Some revolvers don't even make the minimum payment, in which case they also get hit with fees on top of the interest.High volume transactors - people who pay their balance off in full each month, but spend so much that banks make money based on the interchange. If you spend $20K a year, the 2.5% (or more) fee banks charge merchants generates $500 in revenue. This more than makes up for the cost of maintaining your account.In your particular case, they're not making any money off you right now. They're probably hoping you start using your card and turn into one of the above groups.
I have low cibil score(600 to 650). I need credit card. Which bank provide Credit Card for low cibil score?
CIBIL score of 600 to 650 is not so bad. In my opinion it is the average score.One of the surest way to avail a credit card with this CIBIL score is to apply for fixed deposit in the bank and apply for credit card from that bank against your FD. Any bank will be glad to do that and offer you a credit card.If you can’t afford to deposit in FD now then you can compare credit cards at aggregator website and select the one which best suits your needs. Take a look at the credit cards offered by Kotak Bank as they have as many as 18 credit cards which may cater to variety of people with different lifestyle and spending habits.
Can you get a credit card and not have a job?
If you are looking for a credit card for bad credit, there are many options to choose from. The two main types of cards available are either a secured credit card or an unsecured credit card for bad credit. Both types of cards can help you repair your credit by giving you an opportunity to establish a good payment history. The costs and fees associated with each type of card are very different, however. In addition, depending on how bad your credit is, whether you have sufficient income and other personal details, you may only qualify for one or the other. First let's look at the secured credit card for bad credit. A secured credit card requires that you deposit money with the issuing bank, and the bank will issue a credit card in the same amount for your use. Secured cards are guaranteed to be approved, because the bank has your deposit money in case you do not pay your balance. A secured credit card for bad credit operates much like a regular credit card. You receive a monthly statement, and you pay your minimum monthly payment or the balance in full each month. You are charged an interest rate, annual fee and possibly other fees for a secured credit card account. Read more about it at: http://www.card-gallery.com/article/137,Get_The_Best_Deal_On_A_Credit_Card_For_Bad_Credit
How much time does it really take to get an HDFC Bank Credit card?
Getting a credit card from HDFC can take from 10 days to as much as 3 weeks, even longer if your application gets stuck for some reason.This is not because there are a lot of things to check, its just because the banks work inefficiently. Most banks process credit card applications manually. here is a typical process flow:The card selling agent receives your consent to get a card and notes it down.These are third party agents so they need to send your details to HDFC now. They usually send these details 1 / 2 times per week so that adds a delay of 3–4 daysAfter the bank receives this request they need to put your KYC details in their system manually, do a risk assessment using their proprietary software and if required do an in-person visitThen they calculate and approve your credit limit, onboard you on the VISA / MasterCard network and make an account for you.Then the request is sent for the card printingThe card and pin are now dispatched to your address.Most of the delays happen in the initial transfer of information from the agent to the bank and at the time of card printing and dispatch. All this can of course be automated but bigger corporations are almost always slow to adapt.-Gunjeet Singh - Co-Founder @ GalaxyCard - Get a Credit Card in 3 mins