Credit Card Without Income Proof: Can you get a credit card without a job? Here is the answer

​​​​​​​

Income proof is necessary for a credit card. But those who cannot provide necessary documents like income proof, such as freelancers, students, homemakers or retired workers, sometimes such people also need a credit card. In such a situation, how can you get a credit card without a job or income proof, let us know.

The trend of credit cards has increased rapidly due to online shopping. Credit cards have made people's lives very easy. Those who have a job or income proof get it easily, but can those who do not have a job also get a credit card? If you also have the same question in your mind, then let us know can you get a credit card even without a job? If yes, then how…

Can you get a credit card without a job?

Those who have income proof get credit cards very easily. Banks and financial institutions issuing credit cards give priority to the applications of those people. Those who have a stable and good salary. Income proof is necessary for a credit card. But those who cannot provide necessary documents like income proof, such as freelancers, students, homemakers or retired employees, sometimes such people also need a credit card. But they also get a credit card through other means without a job. However, in the absence of income proof, you may face difficulties in getting a credit card. But you can also get the benefit of a credit card in some ways. Let's know how…

You can get a credit card on FD

You can use your FD to get a credit card. In this option, income proof is not required. Banks or financial institutions easily issue credit cards on FD. This type of credit card is called a secured card. In this, you can get a credit card by using FD as collateral. The limit of this card can be up to 90 percent of the amount deposited in the FD account. Interest continues to be received on FD, in case of delay or default in payment of bills, the bank adjusts the outstanding amount from the FD.

Add-on credit card
Husband and wife can apply for an add-on card. In such a case, the credit card limit is divided equally for both the primary (husband) and secondary (husband) cardholders. For example, if the limit of the card is Rs 1 lakh, then in such a case the husband can use up to Rs 50 thousand for payment, the wife can also spend the same amount. If a parent wants to take an add-on card for a child below 18 years of age, then he can replace his primary card and take an add-on credit card.

This card is given by the parents to children below 18 years of age. If you take any loan from this card, then the primary credit cardholder will be responsible for it. Understand it like this that if parents take an add-on credit card for their children. Any loan is taken from this add-on credit card. The primary cardholder is responsible for repaying this loan. Through this option, you can get an add-on card for your wife or child without income proof.

Secured Credit Card

A secured credit card is a better option for people who do not have a full-time job or are self-employed or without income proof. To get a secured credit card, you need to deposit funds as collateral. This amount acts as a security deposit for the credit card. In case of non-payment or default, the funds are used to pay the outstanding amount.