If you’re looking to get a credit card, there are two things you need to know:
1. You need a good credit score.
2. You need good payment history (and preferably no late payments).
If you have a low credit score and a long track record of paying bills on time, it’s possible that the bank will approve you for an unsecured credit card. But if your score is high enough, the bank may only offer you an add-on card — one with no interest rates or fees attached. These cards are usually easier on your credit score and make it easier for you to build up your debt or use plastic responsibly.
However, if you don’t have a credit score or don’t know about things like cibil score or don’t have access to it because you can’t remember cibil score pdf password and don’t want to risk getting denied the card then here are some good ways to get a credit card:
Get a secured credit card
Secured cards require that you put down a deposit on the account in order to open it. These are generally nonrefundable if you don’t pay off your balance each month. The amount of the deposit should be based on how much you can afford to pay on the account each month — but keep in mind that some lenders will allow you to make smaller deposits if they think you’ll be able to pay off your balance quickly, while others may not approve any deposits less than a minimum amount(which is worth considering if you have bad credit).
Once approved for a secured card, you’ll receive an email from the lender or bank notifying you of your new account number and PIN number needed for online payments (if applicable). You can also call and ask about these details before applying for an account.
Student Credit Card
The first way to get a credit card without income or salary proof is by applying for a student credit card. This is a great way to build your credit history and establish a good payment history without having to provide proof of income or salary. If you are attending school and have just started your first job, you may be able to obtain a student credit card with no credit score requirements.
Secured Credit Card against Mutual Funds
Another way to apply for a secured credit card without income or salary proof is through a secured credit card against mutual funds. These are available through banks, brokerage firms, and other financial institutions that offer these types of loans. You can apply online and choose between various investment plans that will allow you to build up equity in the fund of your choice over the time, which will then pay back the loan when you reach the end of the term.
If you are applying for a credit card with a balance transfer or for an unsecured line of credit, you will need proof of income or a salary stub. You can use your pay stub or bank statement as proof of income. If you do not have either one, then you can add your spouse as an authorized user on the account and use his or her identification number as proof of income. If that is not possible, then you can apply with your social security number instead.
Joint Credit Card
If you are still not sure about how to get a credit card without cibil score, then a joint credit card is definitely the best way to go. If you want to apply for a joint credit card with someone else, then both people must fill out and submit their applications at the same time. Both applicants must provide copies of their driver’s licenses and proof of employment with their application forms.