Credit cards are handy financial tools that enable hassle-free payments and aid in better financial management. Once you attain a suitable age and have a stable income, you can apply for your first credit card.
There are certain eligibility criteria you must fulfil before you apply for a credit card for the first time.
Follow these steps to get your first credit card:
- Assess your affordability
Using credit cards to pay for products and services involves paying off the dues on time. Not paying the outstanding credit bill on time may attract paying high-interest charges. Make sure you have a regular source of income so that making on-time repayment is convenient for you. For a first-timer, the Bajaj Finserv RBL Bank SuperCard can prove feasible as it also offers ATM cash withdrawals that are interest-free for up to 50 days.
- Choose the financial institution
The next step is to choose the issuer to get your first credit card from. Go for the one that offers maximum benefits along with ease of use and repayment.
Bajaj Finserv RBL Bank SuperCard is a credit card that comes with the combined features of 4 cards in one. You can use it like a regular credit card, an EMI card to convert purchases into EMI, an ATM card to make withdrawals and as a loan card.
- Meet the eligibility criteria
The Bajaj Finserv RBL Bank SuperCard comes with simple and basic eligibility criteria and documents. Fulfil the eligibility requirements, apply for a suitable SuperCard variant and submit the documents required to get this card. With a healthy CIBIL score of 750, you can receive your first credit card from Bajaj Finserv without any hassles.