Hot Deal Credit Card for a Low salaried person -monthly income 20k?

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Deal Cadet
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Hello Dimers,

May I know the name of any credit card which has the highest chances of approval for a person whose monthly salary is only 20k?

My friend has a 20k monthly salary and he doesn’t have any bank balance too.

Recently, many banks have stopped issuing credit cards to the persons with monthly income below 25k.

Is there any way to still grab one without a lot of struggle (without making fd and opening new banking a/c with 25-50k balance etc)  as he doesn’t have a lot of savings.

Please suggest guys.

63 Comments  |  
24 Dimers
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start with FD based cards which are free and rewarding also..like BOB prime, ICICI platinum against instasave FD account….bob prime is very good…1% cashback on all transaction in form of reward points and Life time free also.

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suman1520 wrote:

start with FD based cards which are free and rewarding also..like BOB prime, ICICI platinum against instasave FD account….bob prime is very good…1% cashback on all transaction in form of reward points and Life time free also.

ohh ..did not read the non FD criteria…one thing if ur friend dont have savings..then dont fall for credit card…many dimers are there to help you during offers

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Try SBI simply click lot of chances if itr is filed, it may be with low limit

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Just went through the benefits of BoB cards. Really good cards offered by them, suits the kind of spends Dimers do usually. I am thinking to apply for one smile

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NahiBatata wrote:

Just went through the benefits of BoB cards. Really good cards offered by them, suits the kind of spends Dimers do usually. I am thinking to apply for one smile

Same here bro,
I liked this BOB prime ltf.
I will also grab 1 for sure smile.

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caks2006407 wrote:

Try SBI simply click lot of chances if itr is filed, it may be with low limit

Okay, thank you.
I will tell him to try his luck on Simplyclick.

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suman1520 wrote:

ohh ..did not read the non FD criteria…one thing if ur friend dont have savings..then dont fall for credit card…many dimers are there to help you during offers

Thank you so much for the reply.
Actually, my friend wants a credit card to meet his month’s end needs. I hope there is still a way available to grab 1 cc for him without opening fd. sweat_smile

I you came to know any, then please inform here.

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If this is a Salary Account, where there is regular credit, he can take a shot and apply for a credit card, usually you would get it, but with mounting pending credit card debt, Banks are extremely cautious even with existing card owners and reducing their limits.

That said, here’s my advice, if someone is not able to make ends meet, they need to cut their expenditure/expenses NOT get a Credit Card.

Getting a Credit card with limited Finances is a huge mistake and will push the individual into a debt trap which keeps spiraling with huge interest rates.

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Ask him o upgrade and apply for new jobs. Focus on increasing the salary rather than getting into debt.

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suman1520 wrote:

start with FD based cards which are free and rewarding also..like BOB prime, ICICI platinum against instasave FD account….bob prime is very good…1% cashback on all transaction in form of reward points and Life time free also.

The icici platinum card against FD is lifetime free too right? Also could you please tell me how to make an FD through icici online banking?

Nice to know about the Bob CC benefits but it’s difficult to consider a credit card from a piece of crap bank who can’t even maintain their mobile banking or internet banking services.

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yes icici platinum card against FD is lifetime free…u can create through imobile..its pretty simple but dont forget to apply credit card while creating this FD….and about BOBBOB card is one of the best card one should have..in 5-6 month only earner/saved more than 7k from this..and its free for me…i have almost all good cards like icici amazon, fk axis, etc

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sidd12 wrote:

Okay, thank you.
I will tell him to try his luck on Simplyclick.

HDFC provides Credit card for 20000 salary but may require savings account.

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suman1520 wrote:

yes icici platinum card against FD is lifetime free…u can create through imobile..its pretty simple but dont forget to apply credit card while creating this FD….and about BOBBOB card is one of the best card one should have..in 5-6 month only earner/saved more than 7k from this..and its free for me…i have almost all good cards like icici amazon, fk axis, etc

How to get bob card online?

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_One_Miller_ wrote:

HDFC provides Credit card for 20000 salary but may require savings account.

Hi, thanks for the reply bro. But hdfc refused to provide the credit card stating minimum 25k monthly salary criteria. That’s why i have created this thread to look for other alternatives.

If you have any other option in mind, then please update here.
Thanks in advance.

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sidd12 wrote:

Hi, thanks for the reply bro. But hdfc refused to provide the credit card stating minimum 25k monthly salary criteria. That’s why i have created this thread to look for other alternatives.

If you have any other option in mind, then please update here.
Thanks in advance.

Check HDFC indian oil & indigo credit cards’ eligibility criterion.

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_One_Miller_ wrote:

Check HDFC indian oil & indigo credit cards’ eligibility criterion.

Ok, will check and tell my friend to retry.

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Only 20k and you term this as low salary?
Engineers in India do work at 10k/month too confused
Coming to your question now, Is his salary account linked with HDFC ? if yes, then you will easily get HDFC freedom cc. Below is the main condition for the same (should be a LTF CC if it’s a salaried account)

Salaried employee

21 to 60 years of age with Gross Monthly Income > ₹12,000

https://www.hdfcbank.com/personal/pay/cards/cre...

Hope this helps. @sidd12

#ApKaApnaJJ wink

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MrKool_JJ wrote:

Only 20k and you term this as low salary?
Engineers in India do work at 10k/month too confused
Coming to your question now, Is his salary account linked with HDFC ? if yes, then you will easily get HDFC freedom cc. Below is the main condition for the same (should be a LTF CC if it’s a salaried account)

Salaried employee

21 to 60 years of age with Gross Monthly Income > ₹12,000

https://www.hdfcbank.com/personal/pay/cards/cre...

Hope this helps. @sidd12

#ApKaApnaJJ wink

Thank you so much for the reply.
His salary account is with IDBI bank and his company denied his request to shift the salary account to any other bank. They have some corporate tie up with IDBI bank only.

Shall I tell him to look for IDBI credit cards? Maybe they will give him one.

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sidd12 wrote:

Thank you so much for the reply.
His salary account is with IDBI bank and his company denied his request to shift the salary account to any other bank. They have some corporate tie up with IDBI bank only.

Shall I tell him to look for IDBI credit cards? Maybe they will give him one.

Now that’s strange.
Yes IDBI also would be offering LTF cc to their salaried employees.

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MrKool_JJ wrote:

Now that’s strange.
Yes IDBI also would be offering LTF cc to their salaried employees.

Ok then, will tell him to apply for IDBI bank cc and I will update here if his card gets processed and approved.

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sidd12 wrote:

Ok then, will tell him to apply for IDBI bank cc and I will update here if his card gets processed and approved.

They will directly process it once he gets his first salary from his firm.

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MrKool_JJ wrote:

Only 20k and you term this as low salary?
Engineers in India do work at 10k/month too confused
Coming to your question now, Is his salary account linked with HDFC ? if yes, then you will easily get HDFC freedom cc. Below is the main condition for the same (should be a LTF CC if it’s a salaried account)

Salaried employee

21 to 60 years of age with Gross Monthly Income > ₹12,000

https://www.hdfcbank.com/personal/pay/cards/cre...

Hope this helps. @sidd12

#ApKaApnaJJ wink

“We currently are not accepting new applications for Freedom Credit Card. However existing Freedom Credit Card holders will continue to enjoy the benefits available on the card”

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sidd12 wrote:

Ok then, will tell him to apply for IDBI bank cc and I will update here if his card gets processed and approved.

IDBI Winnings Rupay Credit Card is best.

( @abhishek012 I am also promoting Rupay, so do share some %)

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_One_Miller_ wrote:

“We currently are not accepting new applications for Freedom Credit Card. However existing Freedom Credit Card holders will continue to enjoy the benefits available on the card”

confused
Missing