Overview Credit Card

With digitization of payments is taking over across the nation, it is no longer practicleto carry a thick stack of bank notes and rolls of coins in one's wallet With respect to the current scenario, credit cards, also known as plastic money, provide a viable alternative and their use is also on the rise. Apart from providing much needed alternative to cash, credit cards also reward you for expenses made using them. As a result of the huge demand for plastic currency, there are a plenty of options available from leading banks.

There are a host of credit cards available in the market having different features and benefits linked to them. The most popular credit cards on the offer include, entertainment credit cards, fuel credit cards, co-branded credit cards, cash-back credit cards, student credit cards, women credit cards, travel credit cards, lifetime free credit cards, premium credit cards, Business credit card, Global credit card and low interest credit cards.

Steps To Compare Different Types of Credit Cards At loanonmind

Step 1: Choose the purpose of the card. All credit cards have different benefits and reward programs offered. Choosing the purpose of the card will help us show you the most relevant credit cards available.

Step 2: Select your city of residence. There are many banks that offer specific cards and schemes for specific cities.

Step 3: Select employment. The next step includes specifying whether you are salaried or self-employed.

Step 4: Employer name (enter slowly to allow for auto fill).

Step 5: Enter your gross monthly income to confirm eligibility.

Step 6: Specify if you already own a credit card. If you do not have a credit card, you will have to tell if you have taken a loan previously. This is to check your credit history. If you already have a credit card, you will have to mention the bank which has provided your card.

Step 7: Pick the bank that you have your salary account with, or if you are paid via cheque or cash.

Step 8: The next step is to fill in your personal details including your pin code, name, gender, date of birth, email id, and mobile number.

Step 9: After checking the box to authorize the override of your DNC/ NDNC setting, you can view all the credit card offers that are available for you for an easy comparison of credit cards and select the card that seems most suitable to your needs.

Apply for Credit Card Online

Nowadays, it is very easy to avail a credit card if you meet the eligibility criteria. You do not need to visit your bank branch for the purpose; credit card application can be made online. You can visit the web portal of the bank and apply for a credit card by filling out some basic details like name, email ID, contact number, income, address, etc. You will get a call from a credit card representative of the bank who will guide you through the process. A representative will also come to collect your documents at your doorstep.

If you cannot decide which card to choose, you can compare the best cards at loanonmind.com and then apply directly without having to visit the websites of different banks.

Apply for Credit Card Offline

People who are not comfortable with online methods of credit card application can visit the bank branch directly to apply for the same. Just visit the branch and communicate about the type of credit card you need. The representative will tell you about the credit cards that match your needs. Then, you will have to fill the credit card application form and provide some KYC documents such as identity proof, address proof, etc. You will also be required to provide proof of income and two passport sized photographs.