Outlook Money
Not having a salary slip doesn't mean you cannot get a credit card. Students, freelancers, homemakers and self-employed individuals now have multiple options to access credit.
A secured credit card is issued against a security deposit. The deposit acts as collateral, allowing you to access credit while reducing the lender's risk.
If you have a fixed deposit, many banks allow you to get a credit card against it. Your FD continues earning interest while supporting your credit limit.
A parent, spouse or another primary cardholder can add you as an add-on cardholder. You can use the card, while the primary holder remains responsible for payments.
Several banks offer credit cards specifically for students. Eligibility may depend on factors such as financial backing, investments or other conditions set by the lender.
Maintaining a healthy bank balance, reporting all income sources and paying existing dues on time can improve your chances of getting approved.
Use your credit card carefully by spending within your means and paying bills on time. Responsible usage can help build a strong credit history over time.