Credit Card for Students and Low Income earners

Credit card for student low income earners

Often we get request for suggestions about credit cards for students and low income groups. Here we will discuss about credit card options for students and persons with low income. If you are a student above the age 18 years you can always get a credit card from banks against fixed deposit. As they are offering credit cards against FD, no background checks and no approval required.


We have mentioned about some credit cards here with which you start initially. Later on once you build a decent credit history, you can go for even better cards. Now if you pay your dues on time, you will gradually build a credit history and you will start receiving credit card offers from different providers.

Best Credit cards for Students and Low Income

You can go for HDFC Bharat cashback credit card or HDFC Freedom credit card. The eligibility for these cards is monthly gross income of Rs. 12000/- only.

Option 1 :

HDFC Bharat Cashback credit card

  • Eligibility :
  • Salaried Age: Min 21 yrs & Max 60 Yrs, Income: Gross Monthly Income> Rs 12,000
  • Self Employed Age: Min 21 yrs & Max 65 Yrs, Income: ITR > Rs 2 Lakhs per annum

HDFC Freedom credit card

  • Salaried Age: Min 21 yrs & Max 60 Yrs, Income: Gross Monthly Income> Rs 12,000
  • Self Employed Age: Min 21 yrs & Max 65 Yrs, Income: ITR > Rs 2 Lakhs per annum

Option 2 :

Kotak Aqua Gold Credit Card

  • Primary Card holder should be in the age bracket of 18 years to 75 years. Add-on Card holders should be 18 years and above.
  • Minimum TD Amount – Rs. 25,000/-

YES FIRST Preferred Credit Card (against FD)

  • The Preferred Card is also available against Fixed Deposit of INR 3,00,000 (Age : 21-60 years )

Option 3 :

If you have bank account in Kotak, HDFC or ICICI, they generally offer a pre approved card in few months time span. If you do not have, you can open an HDFC or any other similar bank savings account with 10000 monthly average balance.They will offer you a Credit Card if everything goes right.

When we talk about credit card for stuents and low income earners, the main barrier remains a credit score or CIBIL. There is a way out. You can visit an electronic shop and request them to issue you a Bajaj Finserv card by paying a nominal amount. You can then buy no cost EMI phone or any other staff that you really need. You should now pay back on time. This is a way of building your credit history. Once your credit history is on place, you can go for a variety of credit cards.

Credit Card payment Offers

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