CREDIT CARD

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Credit Card

Basic Information

What is Credit Card?

The Credit card is the most divisive financial tool available. If you talk about the history of Credit cards, they started out as Simple and Standard. Each Card issuer had one card with same set of features. Today credit cards come in multiple ranges with varying features, interest rates, annual fees etc. It is really important an individual knows which Card will suit his/her lifestyle and financial situation.

Eligibility –Credit Card

The eligibility for credit card varies according to the lender and the purpose for which the card is availed. The basic clauses include-

  • Applicant should be at least 18 years old
  • Applicant should be salaried or self-employed, with a regular source of income to pay back the credit card bills
  • He should have a savings account in his name
  • He should not have a bad credit history
  • His annual income must be at least 2 lakh if salaried.
  • If self-employed, his income per year should be at least 1.5 lakh

Ask about our low rate Credit Card?

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When should i apply?

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How much can I My Money Bazaar?

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Can I pay off my loan early?

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Do you offering refinancing ?

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