Can Students Get a Credit Card Without a Job or Salary? Check Options

Students without a regular salary may still have credit card options, depending on the bank’s eligibility rules.

FD-Backed Credit Card: Students can apply for a secured credit card against a Fixed Deposit with a participating bank.

With an FD-backed card, the Fixed Deposit serves as security, so regular salary or income proof may not always be required.

The minimum FD amount, credit limit, interest rate, fees and other conditions can vary between banks.

Add-on Credit Card: Students may also be eligible for an additional card linked to a parent’s existing credit card account.

An add-on card may not require separate income proof from the student, as eligibility is linked to the primary cardholder’s account.

Documents: Banks may ask for Aadhaar, PAN, college ID, photograph, address proof and FD-related documents, depending on the card.

Check the Terms: Before applying, compare the bank’s eligibility criteria, FD requirements, fees, charges, interest rates and credit limit.

Use Credit Responsibly: Students should pay their outstanding balance on time and avoid spending beyond their repayment capacity.

Paying only the minimum amount due can leave an outstanding balance that may attract interest and other applicable charges.

Key Takeaway: An FD-backed or add-on card may be an option for students without a job, but always check the latest bank terms and borrow only what you can repay.

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