Which credit card is best for 50000 salary?
Which credit card is best for 50000 salary?
List of Credit Cards for Income between Rs. 50,000 & Rs. 1 lakh
| Credit Card | Annual Fee |
|---|---|
| SBI Elite Credit Card | Rs.4,999 |
| YES Prosperity Edge Credit Card | Rs.1,199 |
| American Express® Platinum Travel Credit Card | Rs.5,000 |
| Standard Chartered Manhattan Platinum Credit Card | Rs.999 |
What is a high credit card limit?
A high-limit credit card typically comes with a credit line between $5,000 to $10,000 (and some even go beyond $10,000). You’re more likely to have a higher credit limit if you have good or excellent credit.
Which Citi credit card has the highest limit?
Citi Prestige® Card Highest reported credit limit: $92,000, according to a post on the myFICO forums. Sign-up bonus: This card is currently unavailable to new applicants.
Which credit card is best for 40000 salary?
40,000, here are 5 credit card options for you.
- #1. Platinum Chip Credit Card offered by ICICI Bank.
- #2. SimplyCLICK SBI Card among the best for online shopping.
- #3. HSBC Visa Platinum Card offers travel, dining, shopping offers.
- #4. Kotak Mahindra Bank’s Urbane Gold Credit Card.
- #5. Axis Bank’s Insta Easy Credit Card.
Which bank provides low income credit cards?
Top Low Income Credit Cards
| Credit Card Variant | Annual Fee | Category |
|---|---|---|
| MakeMyTrip ICICI Bank Platinum Credit Card | Rs.0 | Travel |
| SimplyCLICK SBI Card | Rs.499 | Online Shopping |
| SimplySAVE SBI Card | Rs.499 | Daily shopping |
| HDFC Bharat CashBack Card | Rs.500 | Cashback |
Is 10k credit limit high?
Yes a $10,000 credit limit is good for a credit card. Most credit card offers have much lower minimum credit limits than that, since $10,000 credit limits are generally for people with excellent credit scores and high income.
How can I lower my Citibank credit card limit?
Decrease your credit limit To request your credit limit decrease through Online Banking, simply sign on to your account. Under Services, select Card Services > Manage My Accounts > Credit Limit Decrease and follow the prompts.
Can I get credit card with 40000 salary?
ICICI Bank Platinum Chip Credit Card is one of the best options for someone with a salary below Rs. 40,000. Cardholders can earn PAYBACK Reward points and enjoy minimum 15% savings on dining (Culinary Treats), 1% fuel surcharge waiver, annual fee waiver on annual spends of Rs. 50,000 or more, etc.
How much salary is eligible for credit card?
Salary is a crucial deciding factor for credit cards. Someone earning say Rs 50,000 per month is eligible for a different type of card than a person earning Rs 25,000 per month. On an average, income requirement is between Rs 1,44,000 and Rs 25,00,000 per annum for both salaried persons and self-employed.
How can I get a 50k credit limit?
Just for clarification – the limit you are asking for ($50k) is really high for a starting credit limit, unless you income is more than $500k. However, there is a way to get to that figure gradually by increasing credit limit on a card. First, you should look at American Express credit cards – AmEx is known for its generous credit limit policy.
What credit score do you need to get a $10K credit card?
To get above the $10k credit limit, you’d probably need a score of above 750. Your best bet is to secure one of the cards in this category and then work toward a higher credit limit. That requires you to pay your bills on time, keep your credit utilization ratio below 30%, and fix any problems with your three credit reports .
How common is it to run up $50K in credit card debt?
Running up $50,000 in credit card debt is not impossible. Millions of Americans do it every year. Experian, one of the three major credit reporting bureaus in the U.S., says that 2.18 million American consumers had credit card debt of more than $50,000 in 2019.
How much is the credit limit on the cardrates card?
However, one reviewer reports receiving a $24,000 credit limit on this card, and a member of the CardRates team received a $12,000 initial credit limit upon opening this card. Your exact credit limit will be determined by your credit rating and income.
