5 Best Credit Cards For Poor Credit in India 2024 (2024)

FAQs

5 Best Credit Cards For Poor Credit in India 2024? ›

The Bank of America® Travel Rewards Secured Credit Card is the best credit card with a $5,000 limit for bad credit. You can get a $5,000 credit limit with the Bank of America Travel Secured Card by placing a refundable security deposit of $5,000. The card also offers 1.5 point per $1 spent and has a $0 annual fee.

The Bank of America® Travel Rewards Secured Credit Card is the best credit card with a $5,000 limit for bad credit. You can get a $5,000 credit limit with the Bank of America Travel Secured Card by placing a refundable security deposit of $5,000. The card also offers 1.5 point per $1 spent and has a $0 annual fee.

The best unsecured credit card for a 500 credit score (and one of the easiest to get) is the Credit One Visa card. This card offers a $300 starting credit limit, the potential for automatic credit line increases, and rewards on select purchases.

First Progress Platinum Elite Secured Mastercard: The First Progress Platinum Elite Secured Mastercard requires no credit history or minimum credit score for approval. Your security deposit is refundable, and the card is accepted nationwide.

Leading credit card issuers in India like HDFC Bank, SBI Card, Axis Bank, IndusInd Bank and Standard Chartered Bank offer a number of cards, each catering to unique individual needs like fuel, online shopping, dining, movies, groceries, or a mix of all.

The eligibility criteria to opt for an NRI Credit Card are mentioned below: NRIs must have a Non-Resident Ordinary (NRO) or Non-Resident External Rupee (NRE) account. This is the most important eligibility criteria that are requested by most banks. Few banks require a minimum balance to be maintained in the account.

What credit card has a $100000 limit? ›

On our list, the Ramp Corporate Card and the Chase Ink Business Premier Credit Card offer the best opportunity to access a $100,000 credit limit. Ramp determines your spending limit based on factors like your cash on hand and monthly expenses, while Chase uses creditworthiness to calculate your credit limit.

Both the Amazon Credit Card and the Prime Visa are for people with good or excellent credit scores of 700+, while the Amazon Store Card accepts fair credit (640+ credit score) and the Amazon Secured Credit Card is for bad credit (300+ credit score).

Some of the easiest unsecured cards to get approved for are the Indigo® Mastercard®, Mission Lane Visa® Credit Card and Milestone® Mastercard®. While these cards are geared toward people with bad credit and have easy approval odds, they tend to charge high fees and interest, which can make building credit costly.

The Discover it^® Secured Credit Card is our top pick for easiest credit card to get because it's geared toward those with limited / poor credit. It offers great rewards and charges a $0 annual fee. Plus, Discover will conduct monthly account reviews after seven months to see if you qualify to get your deposit refunded.

The Chase Sapphire Preferred Card requires an annual income of at least $30,000, according to user reports. Chase doesn't publicly disclose the Sapphire Preferred Card's income requirements, but you can apply for the card if you meet the credit score requirement, are at least 18 years old, and have an SSN or ITIN.

That likely means a score of at least 670 on the FICO scale and more than 660 on the VantageScore scale. FICO scores are the most widely used, but both scoring systems represent the risk you pose to lenders on a scale of 300 to 850. The higher the score, the lower the risk.

The Discover it^® Secured Credit Card is our top pick for easiest credit card to get because it's geared toward those with limited / poor credit. It offers great rewards and charges a $0 annual fee.

You can get a credit card with bad credit by applying for a secured credit card or an unsecured credit card for bad credit. Secured cards require a security deposit but have lenient credit score requirements making them accessible even if you have bad credit.

No credit card has guaranteed approval, but the Chime Credit Builder Secured Visa^® Credit Card and the OpenSky^® Secured Visa^® Credit Card are two options with very high approval rates and no credit check requirement.