Table of Contents
- 1 What annual income is good for credit cards?
- 2 What is the minimum salary to get credit card in India?
- 3 Which credit card is best for 10000 salary?
- 4 What are the benefits of having a credit card in India?
- 5 What are the best credit cards for people earning ₹5-10 lakhs?
- 6 What can NRIs buy in India with credit cards?
What annual income is good for credit cards?
A good annual income for a credit card is more than $39,000 per annum for a single individual or $63,000 per year for a household. Anything lower than that is below the median yearly earnings for Americans. However, there’s no official minimum income amount required for credit card approval in general.
What is the minimum salary to get credit card in India?
Salary is a crucial deciding factor for credit cards. Someone earning say Rs 50,000 per month is eligible for a different type of card than a person earning Rs 25,000 per month. On an average, income requirement is between Rs 1,44,000 and Rs 25,00,000 per annum for both salaried persons and self-employed.
Which credit card is best for 10000 salary?
Top Low Income Credit Cards
| Credit Card Variant | Annual Fee | Category |
|---|---|---|
| YES Bank Prosperity Reward Plus Credit Card | Rs.0 | Rewards |
| ICICI Platinum Chip Credit Card | Rs.0 | Lifestyle |
| MakeMyTrip ICICI Bank Platinum Credit Card | Rs.0 | Travel |
| SimplyCLICK SBI Card | Rs.499 | Online Shopping |
Which is best HDFC credit card for salaried person?
Income Eligibility for Top HDFC Credit Cards
| Credit Card | Minimum Income for Salaried |
|---|---|
| HDFC Moneyback Credit Card | Rs. 25,000 p.m. |
| HDFC Millennia Credit Card | Rs. 25,000 p.m. |
| HDFC Times Titanium Credit Card | Rs. 25,000 p.m. |
| HDFC Times Platinum Credit Card | Rs. 35,000 p.m. |
Which is the best credit card in India for cashback?
Axis Bank Ace Credit Card is the best credit card in India for cashback as it comes with the highest universal cashback rate of 2\%. If you are not sure about the categories where you spend the most, a cashback credit card would be the right choice for you. Here are the top features of Axis Ace Credit Card.
What are the benefits of having a credit card in India?
Earn 3x rewards on spends on dining, hotels and telecom categories for 12 months from the date of issue of the credit card. Receive up to 15\% discount on spends at select restaurants and airport lounges across the country. Receive 5x rewards points when you spend over Rs.4 lakh a year, up to a maximum of Rs.10 lakh a year.
What are the best credit cards for people earning ₹5-10 lakhs?
Check out the credit cards best suited for people with an annual earning of ₹5-10 lakhs. One of the best travel credit cards of today, American Express Platinum Travel Credit Card brings with itself the following attractions. Get 5,000 milestone bonus membership reward points as a welcome gift.
What can NRIs buy in India with credit cards?
NRIs will be allowed to spend on travel, luxury, as well as buy items when they are in India or abroad. The payments for these transactions can also be completed in Indian rupee just like a normal credit card. NRI Credit Cards cannot be used to buy racing tickets, sweepstakes ticket purchases, lottery ticket purchases, etc.