Application process of credit card is easy because the banks definitely want businesses and profit. Most credit cards allow online applications—but you have to go always to the bank and apply in person or call an agent over the phone. Card applications are expected to require at least the following personal information.

Name: You are required to provide your legal name.

Social Security Number or Individual Taxpayer Identification Number (ITIN): This is required to make a difficult credit withdrawal and is often the most important factor in determining whether or not you will be approved. There are some credit cards that do not have a credit check, but these are rare exceptions.

Address: You are required to have a valid Indian address.

Income: This will help to determine that how much credit you can get.

Living expenses: This fixed cost with your income will help the bank to determine that how much credit to give you compared to what you can afford to pay. 

Things to remember before applying for credit card & Where to Apply?

Generally, the best way to applying for a credit card is through the GRD INDIA website. If you apply online, you should get a quick response. Applying through person or over the phone may increase waiting times.

– Think about your needs

Before the application process, always give a little thought to your goals with the card as well. Do you need a card to establish your credit? Or in earning rewards? Or to pay off some debt? Knowing your goals beforehand will help you narrow down the options. For example, if you want an easy-to-use cash back card, a suitable option might be a card that offers the same flat rate on all purchases.

– Be prepared to strike your balance

Almost all of the companies of credit card —except just a few who have very bad credit—will make a rude inquiry or inquiry about your credit report. It means a banking inquiry will appear on your credit report and potentially negatively affect your score. Making too many transactions and withdrawals in a short amount of time will negatively impact your credit score, as it can signal to lenders that you are looking at too much credit at once.

– Your payment strategy

Make a plan to pay on time. One strategy can make you feel free is “set it and forget it” by setting up automatic payments from your bank account every month. You can also make notes on your calendar before the due date to make sure you don’t accidentally miss a single payment.