The minimum salary required for credit card approval varies from lender to lender. It is always advisable to check the income criteria before applying. Financial companies have various eligibility criteria for credit card applicants, with income being one of them. A high income signifies that an applicant is more capable of clearing credit card bills on time.
However, card issuers also provide credit cards for low-income earners. NBFCs in India also provide credit cards to those having an annual income lower than Rs. 2 lakh per annum. A low salary credit card may come with a lower credit limit with fewer features and benefits. But with diligent repayment and an increase in earning capacity, the credit limit can be increased with time.