INSUBCONTINENT EXCLUSIVE:
Starting work after college often means thinking about getting a credit card
It's a good idea to apply early on, so you can start building your credit history
This can make it tricky to get a credit card approved.Banks really look at your credit report and credit scoreto decide if they'll give you
a credit card.The credit score is just a number between 300 and 900
The higher, the better.Here are some simple ways to get your first credit card and start building your credit history in India:1
Stick with Your Salary BankTry applying for a credit card at the same bank where you have your salary account
If you have a good relationship with them, they might be more likely to give you a credit card.2
Go for a Secured CardIf your salary bank says no, don't worry
You can still get a secured credit card
This type of card is backed by money you deposit, and it usually has fewer requirements
Just be sure to pick one with fair terms and fees.3
Pay in InstallmentsSome stores let you pay for things like phones or electronics in monthly installments
This is a good way to show you can make regular payments and handle money responsibly
Just make sure the installment plan fits your budget.4
Pick the Right CardChoosing your first credit card can be confusing
Look at things like rewards, cashback, and fees before you decide
If you shop a lot online, a card from your favorite website might give you cashback
If you ride a two-wheeler, a fuel credit card could be a good choice.5
Pay On TimeHow you use your credit card matters
If you don't pay on time, your credit score can drop
Try to pay the full amount, not just the minimum, before the due date
This keeps your credit score healthy.In short, getting your first credit card is about being smart
Stick with your salary bank if you can, or go for a secured card if needed
Pay your bills on time, and pick a card that fits your lifestyle
It's a simple way to start your credit journey!
