How to apply for a Credit Card?

[agantuk]

you get an 5% cash back on Shopping. Right?

Depends on the card. Different banks have different variants.

 

[moindear]

@Jaymin HSBC cards shud be the worst in verification. Recently (6 months back) I applied for one. They verified more than 3 times (on each day) even when I said I was on roaming in another state for some urgent work.Even the background verification for the IT guys is not this bad. This verification was done after taking copies of my company id, passport, PAN Card, driving license and 3 months of payslip. I had applied as the features were very good but had to cancel it after they had literally tortured me on verification.I hold credit cards from all the companies and undoubtedly this is the worst to apply.

 

[agantuk]

Speaking of trouble, I had the worst experience getting a card from HDFC. They were the ones who called me for it even when I was not interested, and they were adamant I give a 'permanent' address when I really had none. They would neither let go of the application nor reject it. They ended up making almost 15 checks on CIBIL for the card, ****ed up my credit rating, and in the end, did not give me the card. This, when I already had 3 Platinum or above cards.

 

[mhsabir]

I hardly have anything to show up on my CIBIL report & hence I think I should be ok... But, I sometimes wonder how my rating is .. But, I do not feel like spending Rs.450 for it. Another thought that comes up on my mind is - What if someone misuses my details....

 

[kalpik]

Credit cards are awesome if you know how to manage them

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Speaking of trouble, I had the worst experience getting a card from HDFC. They were the ones who called me for it even when I was not interested, and they were adamant I give a 'permanent' address when I really had none. They would neither let go of the application nor reject it. They ended up making almost 15 checks on CIBIL for the card, ****ed up my credit rating, and in the end, did not give me the card. This, when I already had 3 Platinum or above cards.
HDFC is the BIGGEST chor. Just simply refuse when they call you, or better yet, report them to TRAI (they call me even when I'm under DND).

 

[Jaymin]

Moin.....I had applied for Citi card and surprisingly they rejected it! They just mentioned my documents were not according to their policies, without giving any details as to what was wrong with the documents.Lets see what happens with these guys. I got 3 verification calls and a last verification thru a guy visiting personally and taking my signature on the documents i had submitted.I hope what u just said doesnt turn out to b true! Fingers crossed, as i want a card now.....each time i need it i have to ask Dad for help!

 

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[Toocool]

I was planning to get a Card basically to shop online and on Android Market but am plain lazy.

..and I am sorta getting back to being a pirate

get it on the fd basis....its quick and easy....call the bank they will come to ur home in hours.

 

[Jaymin]

Yeah, as it is he wants to save tax.....so he can anyways get an FD for that. And against that he can get a card

 

[Toocool]

fd's dont save taxes i think, do they???

 

[agantuk]

^ You can if you opt for a 5 year FD