Nowadays, the use of credit cards has become very common. If it is used properly, it is a very useful thing. You get all kinds of facilities like discounts, offers, rewards, cashback on it, and in difficult times, a short-term loan can be easily arranged. The special thing is that if you repay this loan in the grace period, then you do not have to pay any interest on it.

Housewife and credit card – what is the rule of the bank?

If you have a job or have a business, then banks easily give you a credit card. But if you are a housewife and you do not have any regular income, then you still have two options:

What is an Add-on Credit Card?

The add-on card is linked to the primary credit card of your husband (or family member).

Its limit is decided according to the primary card.

Expenses and reward points are added to the same account.

Housewives do not need to provide separate income proof.

How to get a Secured Credit Card?
If a housewife has a Fixed Deposit (FD) in the bank in her name, then a Secured Credit Card can be issued to her on the basis of that FD.
The limit of the card depends on the FD amount.
The bank keeps the FD as collateral.
This card is good for those women who have savings but do not have income proof.

How will homemakers get the benefits of credit cards?

Through credit cards, homemakers can save a lot on household expenses. Through these cards, women can avail the benefit of reward points on grocery and dining expenses, discount on fuel surcharge, as well as redeem these reward points for special gifts and offers. Apart from this, by using the credit card properly, they can also improve their credit score.

What are the conditions?

To apply for a credit card, the homemaker should be at least 18 years of age. Her husband should have a credit card, on the basis of which she can apply for an add-on card. For a secured credit card, there should be a fixed deposit in the name of the housewife in the bank. She can apply for a secured card on the basis of FD.

How to apply?

Housewives can apply for a credit card through the bank's official website or app. Apart from this, an application can also be made by visiting the bank branch. After applying, the bank will verify all your information and documents and will issue you a credit card within a few days.

Which documents will be required?

Passport size photo

ID proof (PAN card, voter ID, passport)

Address proof

Income proof (if available, otherwise add-on/FD document)

How to apply?

Through the bank's official website or mobile app.

You can also apply by visiting the bank branch directly.

The bank issues the card within a few days after verifying the documents.

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