Eligibility & Applying · हिन्दी

Secured credit card

A secured credit card is backed by a fixed deposit you place with the issuing bank, which typically becomes your credit limit (or a percentage of it). Because the bank holds collateral, these cards are far easier to get approved for, useful for first-time credit users with no credit history, or those rebuilding credit after past issues. They function like a normal credit card day-to-day, and responsible use is reported to credit bureaus just like any other card, helping you build a credit history over time.

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