Credit cards have become a crucial financial tool in today’s world. They do not just provide monetary assistance during sudden financial needs but also provide added benefits like cash-back, travel miles, gift vouchers and cards, etc. based on numerous discounts, tie-ups, reward points, etc.

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For individuals who do not yet have a job in India, it can be difficult to get a credit card, but it is not impossible. The two major options are student credit cards and secured credit cards.

Student credit cards require no collateral and are extremely easy to acquire for individuals without a job, especially since they do not require as income proof. With low credit amount usually going up to Rs. 15,000, these credit cards cater to sudden student requirements like buying books or joining tertiary courses.

The second option of secured credit cards are ones issued against fixed deposit accounts which act as collateral. For individuals without a job, this credit card is a good option since they have high limits which stand roughly from between 75% and 80% of the fixed deposit amount. Both these options can be effectively used to develop the CIBIL score too.

Customers about to get a credit card should keep in mind that these creditcards above do not have extensive features like Bajaj Finserv RBL Bank SuperCard or its likes. These cards have numerous additional features which include loan options, ATM cash withdrawals, etc. Lastly, it is imperative for customers to maintain their credit card repayments timely in order to avoid any fine.