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How To Choose Top Credit Cards for Salaried Individuals?

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Created on
April 28, 2023


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Getting your first credit card is a big adjustment and milestone for a salaried individual. You may know how credit cards work and what type of perks you can get through. But, the problem occurs when selecting the best credit card for a salaried person. But you don't have to worry, as intensive research and identifying your needs simplify the process of getting credit cards.

However, the article will highlight a few factors that you must keep in your mind before you apply for a credit card. It will help you get the right credit card that meets your financial goals and requirements.

Things to Consider Before Selecting the Best Credit Card for a Salaried Person

Getting the right credit card may seem a daunting and time-consuming task. But things get easier when you know where to start and what to ask. With several options in the marketplace, getting lost in the ocean of credit cards with different perks is quite understandable.

So, to help with that, here's a list of considerations you must consider while selecting a new credit card for yourself. So, let's hear them out!

1. Identify the Plan for Using the Credit Card

One of the most significant factors is recognising the reasons for applying for a new credit card. Different types of credit cards serve different purposes, so finding what suits your requirements is crucial. For example, if you want a credit card to handle your everyday purchase seamlessly, consider opting for flat-rate rewards cards.

People who want to manage their additional expenses can pick a credit card for a salaried person that offers alluring rewards and bonuses. In addition, if you travel a lot for business purposes, credit cards with zero International transaction fees will be handy.

2. Check Eligibility Criteria

The eligibility for credit cards generally varies from issuer to issuer. Your eligibility for a credit card depends on a few factors, including your salary and credit history. Salaried employees with excellent credit scores can easily apply for a credit card according to their requirements. Credit limits also play a pivotal role in deciding whether you are eligible for the credit card you applied for. Therefore, you must not max out on the credit limit to boost the chances of your credit card application's approval.

3. Annual Fee and Additional Charges

If you are an employee choosing a credit card for the first time, consider checking the annual fees and additional charges. Individuals must read the waiving-off criteria of the renewal and annual fees. The criteria entirely depend on the pattern of your expenditure. Therefore, it is a great move if you select your credit card after analysing the overall expenses.

4. Check Available Offers, Including Terms and Conditions

Paying close attention to the available offers you get on a specific credit card is necessary to get the best card in India for a salaried person. You may not know, but a wide range of various types of credit cards fall under different categories. Also, all credit cards provide users with different types of offers. After analyzing all offers, a thorough check of terms and conditions is required. It helps you to understand the validity of every offer.

Alt text: check available offers


Selecting the best credit card in India for a salaried person requires rigorous research and time, as you must follow a few steps. First, you need to know the reason and then ask the right question to find the right credit card. Finally, you must choose the card that best fits your financial goals and spending habits.

With the help of the factors above, the choosing process will become easy and quick. You can opt for Fi Money, which offers 5% value back on your spending. Additionally, it offers users exciting rewards with every spend.

Frequently Asked Questions

Which type of credit card is best in India?

The best credit card type in India depends on your financial needs and spending habits. The credit card from Fi is one of the best in India. Fi is offering this credit card in partnership with Federal Bank, an authorised credit card issuer, and it complies with all security standards mandated by applicable laws.

Which bank offers the best credit cards in India?

Several banks offer premium credit cards in India with multiple perks. However, you must compare different banks' or financial institutions' credit card options to get the best credit card that suits your requirements. However, check the bank's eligibility criteria, terms, and policies before applying for a credit card.


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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