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]

 

[anshujain]

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 )

How can I increase my credit limit on a FD based card

 

[krishna1718]

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 )

magnet is waste card if you able have fd 10K you can go with idfc wow lifetime free if you can go above 50K fd go with icici platinum lifetime free