How To Apply For A Credit Card?

By Author: Neha Sharma
Total Articles: 243

"A credit card is one of the most important modes of payment today. A credit card can be swiped up to a particular credit limit and the amount swiped is due to be paid back to the credit card company before the due date. The due date for this is a few weeks after the end of the month in which the transaction is made. This extra period between the end of the month and the due date for payment of the credit card bill is called the grace or the buffer period. It is for this reason that people prefer spending with a credit card. Since credit card spends do not immediately become due, it allows people an additional amount of time before they need to pay for their purchases.

There are a large number of banks offering credit cards today. There are different types of credit cards with different reward systems. Banks have tied up with airlines, restaurants and other businesses to offer specific reward systems that benefit the credit card user for their spends. Regular spends on a credit card and regular repayments of credit card dues builds a favourable credit report for the user as well.

But how can one person apply for a credit card?

These days, it is very simple to apply for a credit card. There is a lot of competition between different banks to get customers for their credit cards which is why banks frequently come up with a lot of offers for their credit cards. It is not necessary to have a bank account in the bank to apply for their credit card, however, having a bank account in any bank is recommended. Most banks will pre-approve your credit card application and extend different offers like waiver of first year credit card fees, extra points etc.

One of the most convenient ways to apply for a credit card is to apply for it online on the bank’s website. Banks have separate webpages for credit cards with different offers depending upon the time of the year. By capitalizing on these offers, you can fill up the credit card form and request a call back from the bank authorities.

It is also possible to apply for a credit card in offline booths that banks set up in different companies, however, to get better offers on credit card apply online. Another way to apply for credit card is to check different companies that banks have tied up with and apply via those airlines or companies. These cards will also have some offer attached to them.

If you’re a preferred customer of your bank, you can also talk to your relationship manager and ask them for existing offers or a customized offer on your credit card. The bank may give you additional deals and offers to get you to sign up for a credit card. "

Author Bio:- Neha Sharma is a finance student who loves to write in her free time. She has spent considerable time researching about credit card. Through her work, she has given step-by-step guide on how to apply for one