Here’s How An 18-Year-Old Can Get Their First Credit Card
IDFC FIRST Bank
Can 18-year-olds get a credit card?
If they choose a secured credit card, it’s fairly easy. Let’s decode how.
IDFC FIRST Bank
Secured cards
Secured credit cards are issued against a fixed deposit. You can make a deposit of any amount and get the card against its value.
IDFC FIRST Bank
Since the card is backed by an FD, you get a credit limit equal to its value or more. Plus, you earn interest on your deposit, while enjoying credit card benefits.
IDFC FIRST Bank
So, for students 18 or older, a secured credit card is a good choice. It does not require any income proof or credit history.
IDFC FIRST Bank
IDFC FIRST Bank offers the lifetime-free FIRST WOW! Credit Card for students with a minimum age criterion of 18 years.
IDFC FIRST Bank
Enjoy 4X Reward Points, zero forex charges, credit limit of minimum 100% of your FD value, and discounts across merchants.
IDFC FIRST Bank
The Reward Points never expire. Plus, it offers low interest rates, which makes the card affordable too!