Built Credit Score from Scratch

Norman

KF Rookie
I want to build my credit score from scratch. I know about fd credit cards but is there any other option?
 

Norman

KF Rookie
I don't have that option in Amazon . But can i apply for Paytm postpaid . Will it reject my application since I don't have any credit history?
 

shashwat

KF Ace
Buy something on EMI, like an electronic appliance or a mobile phone. That is easy to get and you should have a credit history after that.
 
1) take 2 credit cards and then only spend 30% of the amount and repay the amount on time, you will see that your credit score will start to build. the type of credit cards doesnot matter much but you can try any lifetime free credit card to start with and you will be good to go

here is the list of some of the best lifetime free credit card that you can apply to:-
  • Amazon shoppers: Amazon Pay ICICI (5% cashback)
  • Rewards: IDFC First Select (3.33% fuel, 2% dining)
  • Low spenders: SimplyCLICK SBI (1% all spends)
  • Bonus: Axis Myzone (Payback points)
 

Gigachad

KF Mentor
I want to build my credit score from scratch. I know about fd credit cards but is there any other option?
If your salaried then banks can give cc on the basis of that.
Talk to bank where to have a salary account.

Otherwise fd card is best.. don't use paylaters
 
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