Credit Card for College Students
Best way to get a credit card in India even if you’re not 21 and get most of the benefits of Credit Cards and also build your CIBIL and Experian Score.
Many of you are in college and are financially enlightened and know the value of a Credit Card. So you must already think about that you want to use a credit card for everything.
You have applied in many banks like SBI Cards or HDFC Bank Cards, but you must have not gotten it because you’re not 21, or you do not have an IT file.
Well, no worry, you can now access the world credit cards with this new credit card.
This is the online app that provides you with a Secured Credit Card. Now you must know a secured credit card, it’s called secure because it is secured by an FD.
Most banks give secured credit cards but for that, you have to create an FD of more than ₹10,000, which is very costly for someone like us.
So I bring you the opportunity to have a Credit Card with one card.
One Card is backed by the State Bank of Mauritius (SBM) Bank, India. This bank provides credit cards with just ₹2,000 FD.
I have used this card for the last 1 month and I must say that the rewards maybe not be like SBI Cards, but they are well up to the mark for students like us.
With every ₹50 spent you’ll earn 1 point, and you can redeem every 1000 points into ₹100, that’s kinda good for students.
Don’t be over smart when you have the card, if you have the limit of ₹2,000 you can only pay a bill of ₹2,000 and not more than that, even if you have added more than ₹2,000 to your credit card.
Why Credit Card?
If you start using Credit Card today than by the time you became eligible for elite cards then you’ll have a good credit score and your CIBIL and Experian score will be improved.
It will also help you know how Credit Card works and why rich prefer to Credit Cards more often.