Fd link magnet (zet) card .

[8086_16bit]

Hi respected members,
My cibil score is low due to which I am not able to get any bank credit cards . So planning to go for fd backed card and increase cibil .
* But I have a doubt.
When I do fd suppose 50k , after receiving the card can I discontinue/close fd ?
Will my credit card still work with same limit as allotted while issuing card .

(Thinking to apply for magnet card )

 

[wcgxlr8]

Hello! No, you cannot close the FD. Your credit is provided with your deposit as a fallback for the bank in case you default payments.

 

[8086_16bit]

What is the best fd backed credit card I should go for ?

 

[wcgxlr8]

What is the best fd backed credit card I should go for ?

There are many options, the best for me might not be the best for you. What do you usually spend on and approx how much per month?

 

[8086_16bit]

My spends are less than 10k but sometimes if I buy something expensive then it may vary .
I just want to improve cibil . I will use it for this like recharge grocery etc only .
Just want to improve cibil

 

[wcgxlr8]

If you’re having an HDFC bank account, you can apply for HDFC millennia FD backed . It’s a good cashback card

 

[rahul7418]

If you’re having an HDFC bank account, you can apply for HDFC millennia FD backed . It’s a good cashback card

I have an account with HDFC bank but still no Idea how to apply for.

 

[Prince]

Magnet is good for FD backed Card, followed by One Card.

In case you want to apply magnet , you can connect with me for availing welcome benefits.

 

[wcgxlr8]

I have an account with HDFC bank but still no Idea how to apply for.

hdfcbank.com/personal/resources/learning-centre/pay/credit-card-against-fixed-deposit

 

[Jatt18]

Magnet is good for FD backed Card, followed by One Card.

In case you want to apply magnet , you can connect with me for availing welcome benefits.

What are welcome benefit in case I apply??

 

[Prince]