What’s the difference between a regular credit card and a credit card attached to a salary account? Well, for one, the credit limit is generally higher, and so are the rewards. Read on to see how you can get a credit card for your salary account.
One thing that credit card issuers look for is proof of a stable income. After all, it’s their way of assuring that you will have the funds to repay the bill. Over the job, it’s the amount of money you make that determines the eligibility for a credit card.
If used optimally, credit cards can be great at helping you maintain your financial health. Here’s how they help:
This table should help make a quick evaluation of all the top credit cards available in the market right now.
Credit cards attached to a salary account are typically far more rewarding, and come with a higher line of credit, simply because your proof of income has already been established. But while you’re at it, choosing the right credit card for your salary account is a relatively tricky decision to make, and depends on your actual usage and personal finance habits.
Yes! A salary account will be favourable in getting a credit card issued. Credit cards are issued on the premise of the person receiving a regular and stable income so that they can repay the amount without any hassles.
As mentioned earlier in the blog, the best card depends on you. It depends on a variety of factors like the features you want, what you are going to use it for, how much limit you want in the card, and a lot of other factors. There is no one card that fits all.