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How to Choose a Credit Card for your Salary Account

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Created on
November 17, 2022


What’s Inside

If you have a job and want to get a credit card, you might be wondering how to start. In this blog post, we'll explain how salaried people can get a credit card, how credit cards can help you financially, and compare different types of credit cards for salaried professionals.

How can a Salaried Person get a Credit Card?

Credit card issuers want to see that you have a stable income before giving you a credit card. This shows that you can pay the bill. Your income determines if you are eligible for a credit card. Here are the documents usually asked for when applying for a credit card linked to your salary account:

Proof of Identity: (any one)

  • PAN Card
  • Aadhaar card
  • Driver’s License
  • Passport
  • Voter’s ID
  • Overseas Citizen of India Card
  • Person of Indian Origin Card
  • Job card issued by NREGA
  • Letters issued by the UIDAI or any other government approved photo ID proof

Proof of Address: (any one)

  • Aadhaar card
  • Driver’s License
  • Passport
  • Utility Bill not more than 3 month’s old
  • Ration Card
  • Property Registration Document
  • Person of Indian Origin Card
  • Job card issued by NREGA
  • Bank Account Statement or any other government approved address proof

Proof of Income: (any one)

  • Latest one or 2 salary slip (not more than 3 months old)
  • Latest Form 16
  • Last 3 months’ bank statement

How do Credit Cards Help Improve Financial Health?

Credit cards can be helpful if you use them correctly. Here are some benefits:

  1. Building credibility: Pay your credit card bills on time, use it wisely, and don't spend all the money on it. This builds trust between you and the bank. The bank tracks this and raises your credit score.
  2. Handling emergencies: If you are new to earning money and have expenses that use up your savings, a credit card can help.
  3. Discounts and offers: Today, credit cards offer more than just a credit line. They also have rewards and benefits.

Why Are Credit Cards for Salaried People Different from Normal Ones?

Here are some reasons why credit cards for salaried people can be different:

  • Monthly salary gives banks a transparent view of your income.
  • This makes banks more willing to offer higher rewards.
  • This also makes banks more willing to offer more flexibility, such as EMIs and loans against the cards.
  • Banks offer better support and rewards to salaried professionals, as this can lead to word-of-mouth marketing if you recommend the card to others like yourself.

A Comparison of Regular vs Salary Credit Cards

Credit Card Type

Credit Limit

Annual Fees


Premium Features


Credit score dependent


Dependent on spending

No airport lounge access or fuel rewards. Generally depends on card tier.

Salary Account Based

Monthly salary-based


Enhanced rewards

Airport lounge access, dining points, higher tier of card type available, priority customer support


Credit cards can be a useful tool for salaried professionals if used responsibly. Pay bills on time, spend wisely, and take advantage of rewards programs to build credibility with the bank and improve your credit score. When choosing a credit card, consider your income level, spending habits, and desired benefits. Look for cards that offer enhanced rewards and flexibility, such as EMIs and loans against the cards. Always read the terms and conditions carefully before applying for a credit card. With the right card and responsible usage, you can take control of your finances and improve your financial health.

A Salary Account & Credit Card You'll Truly Love!

Fi Money, along with our licensed partner Federal Bank, offers a salary program with many benefits. When you shop using Fi, you get 2% cashback with UPI or Debit Card, and 4x Fi-Coins on all your spends via Fi, which you can redeem for vouchers, cool merch, and more. You will also get exclusive deals and gift cards from top brands like Amazon, Swiggy and more.Other perks of the Fi Money Salary Program include no minimum balance, a free VISA Platinum debit card with zero forex charges, priority customer service, and more.

The Fi-Federal co-branded credit card from Fi Money and Federal Bank offers a 5% valueback for spending ₹4 lakh per year (approximately 35K per month). The benefits are worth more than ₹20K. This credit card rewards all your spending, not just shopping or travel. Rewards are customised based on your spending pattern and you can leverage features and benefits to fit your needs.

Frequently Asked Questions

1. Can a salary account apply for a credit card?

Yes! Having a salary account can increase your chances of being approved for a credit card. Credit card issuers generally prefer individuals with a regular and stable income, as this indicates that they can repay the amount borrowed without any issues.

2. Is it possible to get a credit card without a job?

It is usually difficult to obtain a credit card without a job or source of income, as this can negatively impact your credit score. However, there are alternative options available, such as secured credit cards or becoming an authorised user on someone else's card. Be sure to review the terms and conditions carefully before pursuing either of these options.

3. What is the minimum salary limit for a credit card?

The minimum annual salary range for credit cards currently ranges between ₹1,44,000 and ₹25,00,000.


Fi Money is not a bank; it offers banking services through licensed partners and investment services through epiFi Wealth Pvt. Ltd. and its partners. This post is for information only and is not professional financial advice.
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