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In this modern era of smart banking and digital finance, credit card has no longer become just a luxury but a necessity for every sensible person. At a time when most of the banks are launching expensive and heavy annual fee credit cards in the market, this new credit card available at a nominal joining fee of just Rs 399 has become the biggest topic of discussion among the common customers. This entry-level credit card not only offers attractive cashback and reward points on purchases, bill payments and online shopping, but many other facilities available in premium cards are also being made available at a very low price. If you are also thinking of improving your financial management and availing maximum benefits in less expenditure, then this credit card can prove to be a great option for you.
With a joining fee of just Rs 399, the biggest feature of this credit card is that it offers premium segment benefits at a low annual cost. Cardholders get direct cashback and up to 5X reward points on shopping on leading e-commerce platforms, which can be easily redeemed in the statement balance. Apart from this, features like fuel surcharge web-off, buy-one-get-one offers on movie tickets and select airport lounge access have also been included in it. Many banks even give welcome vouchers worth Rs 399 or more to customers as soon as the joining fee is paid, making this card absolutely free for first-time users.
Getting this credit card is very easy and hassle free. The bank has set very simple eligibility criteria for this so that more and more people can take advantage of it. Any Indian citizen between the age of 21 years to 60 years, whether salaried or self-employed, can easily apply for this card. For this, the minimum monthly income of the applicant should generally be between Rs 15,000 to Rs 20,000. The best thing is that people whose credit score (CIBIL Score) is 750 or above, they get this card instantly (Instant Approval) without any complicated paperwork.
If you want to take this credit card, then you do not need to visit any bank branch for this. You can apply online in just a few minutes by visiting the official website or mobile banking app of the concerned bank. During the application process, you have to upload the scanned copy of your Aadhar Card, PAN Card and proof of income (pay-slip or bank statement of last 3 months). Nowadays with the help of Digital KYC (Video KYC) the documents are verified within a few hours and the credit card is delivered to your home address within 3 to 5 working days of approval.
The real benefits of credit card features can be availed only when it is used with discipline and wisdom. Always pay your credit card bill before the due date so that you do not have to pay any interest and your CIBIL score remains strong. Using only 30% to 40% of your total credit limit is a sign of good financial health. If you use this card of just Rs 399 properly, then in future the bank itself offers you to upgrade to a higher class premium credit card without any extra charges.