What is the lowest income to qualify for a credit card?
Technically there’s no minimum income requirement to get a credit card. A student’s disposable income could be as low as $100 and they would still have the potential to be approved for a credit card. Higher incomes generally give applicants a better chance of getting approved for a card and a higher credit limit.
Can you get credit card with low income?
Credit card applications require you to provide your income, but fortunately, that doesn’t mean you need to make a lot of money to get a card. Even if you have a limited income or you work part time, the best credit cards for low income still include plenty of benefits.
Which credit card is best for low salaried employees?
Top Low Income Credit Cards
| Credit Card Variant | Annual Fee | Category |
|---|---|---|
| YES Bank Prosperity Reward Plus Credit Card | Rs.0 | Rewards |
| SBI Tata Titanium Credit Card | Rs.499 | Shopping |
| SimplyCLICK SBI Card | Rs.499 | Online Shopping |
| SimplySAVE SBI Card | Rs.499 | Daily Shopping |
What salary should I put for credit card?
Annual gross income is your income before anything is deducted. Credit card companies usually prefer to ask for net income, because that is what you have available with which to make your monthly payment. Some companies may ask for annual gross income.
Can I get credit card with 20000 salary?
To avail this card, one should be the account holder of the bank. To avail this card, the salaried individual must have gross income of at least Rs 1,20,000 per annum and a self-employed individual must earn at least Rs 10,00,00 per month in order to be eligible.
Can I get credit card with 12000 salary?
You can get a credit card with a salary of Rs. 12,000, but you would have limited options. Each lender would have their own criteria of qualifying for a credit card. Lenders would want to know if you will be able to pay your credit card bills on time every month.
Can I get credit card with 14000 salary?
Banks do provide credit cards for low salaried (Rs 8,000- Rs 15,000) depending on the annual income. Eligibility on the card will be 3 times of the monthly salary.
Can I get credit card with 25000 salary?
The card comes with a basic reward rate of 1.33% but offers double rewards on online shopping….Best Credit Cards in India for People with Income Below Rs. 25,000.
| Credit Card | Annual Fee | Minimum Monthly Income |
|---|---|---|
| HDFC Times Titanium Credit Card | Rs. 500 | Rs. 15,000 |
| ICICI Bank Coral Contactless Credit Card | Rs. 500 | Rs. 20,000 |
Can I get credit card with 15k salary?
Can I get credit card for 18000 salary?
Is salary slip mandatory for credit card?
Yes, customers can apply for a credit card without submitting a salary slip. In its place they can submit Income Tax Return acknowledgement.