How to apply for a credit card online and offline? A step-by-step guide

Credit cards provide you a variety of exclusive offers designed specifically according to your lifestyle and needs. From discounts on hotels and flight bookings to great deals on restaurants and premium brands, credit cards have everything in store for you. 

However, you must also understand that increased usage of credit cards can make you form a habit of using it unnecessarily. Hence, you should spend your limit wisely so that you can repay the bill on time without any defaults. 

Steps to apply for a credit card online

Checking eligibility: Visit the bank website and check for the credit cards offered by the bank. Check for the eligibility criteria and look for the cards you are eligible for. 

Documentation: Submit the necessary documents which will be required by the bank to verify your eligibility. This will mainly include your employment proof, salary slips, address proof and Aadhar card. However, based on the credit card type, you may be required to provide additional documents as per bank’s requirements. 

Apply for the card: Once you complete the documentation you can choose between the cards which you are eligible for and compare the one which aligns with your lifestyle. 

Activation: Once your application is approved by the bank, the credit card will be activated and delivered to you within a week. You can simply activate the card online or at your nearest ATM. 

Steps to apply for a credit card offline

Branch visit: You can go to your preferred bank’s nearest branch and then ask the relationship manager to provide you with the latest offers on credit cards. You can then evaluate the cards offered and then decide on which one you would like to get. You will then be required to submit the required documents and post that the relationship manager will assist you in the process. After completing the process, your  credit card will be delivered to your doorstep within a week’s time. 

On call assistance: You can also call on the customer care number provided by the bank and enquire about the latest deals and offers on credit cards.  

Tips to get the right credit card

Evaluate your need: Banks offer you with a variety of credit cards based on your eligibility. Before you make a decision of choosing one credit card, you should explore different options available to you and align them with your needs and lifestyle. Credit cards are mainly offered based on categories including travel, lifestyle, cashback, rewards, fuel and many more. 

Understanding annual fee: While you choose a credit card, you must keep a note of the annual fee which you will be bound to pay. However, most credit cards offer a fee waiver if your credit card bill crosses a certain amount annually. 

Look out for offers and deals: Many banks offer you with exclusive offers and deals on travel, lifestyle and cashback. Before you choose one, you must do research on what is the best deal for you and grab offers which align best with your needs. 

Check for pre approved credit cards: If you are already a customer of a bank, then there are high chances that you may get a pre approved credit card based on your spending habits and the past credit history. You can also check out those cards and compare them with other bank’s cards to get the best deal. 

Conclusion

Credit cards have gradually become an add on to our lifestyle due to the attractive offers and deals provided by the banks. While credit cards take care of your bills and pay on your behalf, you must remember that over usage of credit cards can end up with heavy amounts that you will be bound to repay every month. 

With this, you may land in a situation where you might have to pay more than you can actually afford. Credit cards involve risks and it is advisable that you plan your finances and adjust your credit card bills in a way that it does not become a burden to your pocket. Mindful usage of your credit card can help you utilise it properly and take advantage of its features in the best way possible.