Secured CC suggestion

[Arkapal Sen]

Need a Secured CC where bank reports cibil as unsecured or normal credit card..
I have seen most banks or small bank fd cc reports cibil as secured credit card..so need to avoid that..
any suggestions??
currently targeting bob and canara , axis or sbi fd cc..
Edit and Note : i want to create fd cc for my sister..fd is max 40k..may be 50k max..
reqquirement : using for online disc and increase cibil score..
usage : only for online use like getting 10% instant disc in normal time (other than sales)
example : bob and canara cc gives 10% instant disc in amazon grocery , pharmacy and fresh every week..so FD cc of canara and bob will be helpful for me
LTF cc preffered..if not then chargable is ok for me
BUT.. UNSECURED credit card report should be there in cibil

 

[Arkapal Sen]

AFAIK may be there is some customer of some bank with secured credit card who have it reported as unsecured, but these are either mistakes or their card have been made unsecured over time.

So don't fall for it.

If you need to built credit history for her it's not necessary to have unsecured card, in fact sequred card will be more helpful in that.

Make a high amount fd like 1L or above so that in future C2C is possible.

tbh sis already have liberty acc in axis..and there preapprv cc is present..rm has said..just need a cibil for her..so thats why targetting cibil build with some good bank so that i can use it in sales..
so any cc suggestion for ur side..max i will go 40k in fd

 

[2025]

1. kaunsa card liye vai?
2. kitne fd kiye
3. limit kitna mila?

Not FD based.
Not approved yet, might get rejected.

----
For FD based... try IDFC First smart earn. But it would be secured. Ask Surojit for details. Make sure 1st upi txn above 500.

 

[desiviru]

@Arkapal Sen

This topic may/will help you.

Thread 'Understanding the Power of Secured Credit Cards: Leveraging Your FD'

May 19, 2024

Greetings everyone,

I have a question regarding my credit card usage. Over the past decade, I've been using unsecured credit cards and currently hold more than 20 of them in my portfolio. My CIBIL score fluctuates between 785 to 798.

I'm considering applying for a secured credit card backed by an FD. Would this decision potentially improve my CIBIL score? Additionally, if pursuing this option proves beneficial, I would appreciate recommendations for reputable secured credit cards.

Please feel free to share your insights and experiences to help me make an informed decision. Thank you.

• MudraMantra
• Replies: 23
• Forum: New Member Section (For TF Neo)

• 

 

[cardy]

tbh sis already have liberty acc in axis..and there preapprv cc is present..rm has said..just need a cibil for her..so thats why targetting cibil build with some good bank so that i can use it in sales..
so any cc suggestion for ur side..max i will go 40k in fd

Icici will give you instant fd card. And max 3 months to get cibil reported

 

[Arkapal Sen]

Not FD based.
Not approved yet, might get rejected.

----
For FD based... try IDFC First smart earn. But it would be secured. Ask Surojit for details. Make sure 1st upi txn above 500.

idfc is my last optn..as i said i get 10% disc on canara or bob..so targeting those b4

 

[Arkapal Sen]

Icici will give you instant fd card. And max 3 months to get cibil reported

icici i already have..so..some other banks

 

[2025]

idfc is my last optn..as i said i get 10% disc on canara or bob..so targeting those b4

Today I got a call from canara. They asked that they won't able to give the limit I have asked in the form. They will give 40-50% of it. I said ok. Jo man kare dedo. So seems like everything on track unless they follow the path of yes bank. Hopefully my card is coming with first ever add on.

Fer canara apply karo.

 

[Arkapal Sen]

Today I got a call from canara. They asked that they won't able to give the limit I have asked in the form. They will give 40-50% of it. I said ok. Jo man kare dedo. So seems like everything on track unless they follow the path of yes bank. Hopefully my card is coming with first ever add on.

Fer canara apply karo.

i went to canara today..well the cc wala girl..is none but my one and only ex's school mate..she said..80% limit aram se mil jaega..i will make it work for u..bola..bank aane ka jarurat nei..mere ghar pe aa jana..i will bring form and all..she stays in my area too..so win for me here..

 

[2025]

i went to canara today..well the cc wala girl..is none but my one and only ex's school mate..she said..80% limit aram se mil jaega..i will make it work for u..bola..bank aane ka jarurat nei..mere ghar pe aa jana..i will bring form and all..she stays in my area too..so win for me here..

Good. Fer toh pakka mil Jayega. Ex wale bohot sensitive hote hai ristey ko lekar. Aur unke friends must be having little little crush. Enjoy.

Then why applying secured? Straight apply for unsecured. Tell her to do things that work for your sister. One of my friend said upto one lakh limit BM are authorised to sanction immediately.

Just in case they want something in return, then open one saving/FD account ..and give good feedback for them.

Another update. I got the approval message. It's an unsecured one.

 

[Arkapal Sen]

Good. Fer toh pakka mil Jayega. Ex wale bohot sensitive hote hai ristey ko lekar. Aur unke friends must be having little little crush. Enjoy.

Then why applying secured? Straight apply for unsecured. Tell her to do things that work for your sister. One of my friend said upto one lakh limit BM are authorised to sanction immediately.

Just in case they want something in return, then open one saving/FD account ..and give good feedback for them.

Another update. I got the approval message. It's an unsecured one.

i just want to get a ccibil score for my sis..she doesnt have any neither she works anywhere..so fd needed to move on

 

[Arkapal Sen]

Another update. I got the approval message. It's an unsecured one.

congo for this..how much limit u got..and whats the card name?