Best Credit Cards for Salaried Professionals

Having a credit card makes your life a lot simpler due to the fact that you don’t have to carry heavy cash with you all the time. Credit cards have had a strong positive impact on our lives and, therefore, more and more people look out for reliable card schemes being offered by the different companies. Whether you’re a salaried or non-salaried professional, you can easily apply for a credit card and get one easily. However, there are certain eligibility requirements which differ in all the cases. A card which is good for a salaried individual might not go well with the lifestyle of a non-salaried individual. So, it’s essential to choose a credit card according to its merits and features.

For all the salaried employees, acquiring a credit card is nothing short of a dream come true. The best credit card for salaried employees is definitely the one which offers lower rates of interest and hassle-free terms and conditions. Passport sized photographs, proof of residence, identification proof, the photocopy of last 3 salary slips and bank account statements are to be submitted by the applicant along with the duly signed application form. The IT returns Form 16 should also be submitted by the applicant for the purpose of acquiring a credit card.

Credit limits offered to the salaried employees are entirely based upon their credit history and annual income. If they have a higher amount of annual income, they will be offered a higher credit limit. It is usually advised that every applicant must take certain steps to improve his credit history over a period of time so that he can get a credit card at some really good rates. One should even carry out some research regarding the exclusive rewards, gift vouchers and points being offered by a particular credit card company so that the right decision can be made.

The Best Cards for Salaried Employees

Citibank Platinum Credit Card

The Citibank Platinum Credit card is definitely a great option to consider for the salaried professionals as the bank charges a nominal interest rate of about 3.25% per month and there’s no joining fee which makes it even more convenient for the applicants to sign up with the bank. The bank also offers a free credit period of around 55 days which is another great benefit of this credit card for salaried employees.

HDFC Platinum plus Credit Card

The HDFC platinum plus credit card comes along with an interest rate of around 3.15% which is also quite nominal as compared with the other card schemes being offered by different banks. A free credit period of 20-50 days helps you save your money and time both, while making purchases from the card.

Axis Bank Platinum Credit Card

Axis Bank Platinum Credit card is one of the best credit cards for salaried professionals because the rate of interest charged by the bank is as low as 2.95% per month. You also get a lost card liability insurance along with the card so that you don’t have to bear the expenses that occur when your card gets lost.

These are the finest credit cards for salaried professionals that could be chosen by you. So, don’t waste any more time and get your hands on the right card that lets you enjoy endless shopping. 

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Created on Dec 31st 1969 18:00. Viewed 0 times.

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