Synopsis: A curated list of credit cards suitable for individuals with low credit scores, highlighting their fees, limits, and rewards. These cards offer an accessible way to start and rebuild credit while also enjoying basic benefits.
With the RBI 3-stage loan provisioning system, a low credit score often leads to higher chances of loan rejections, higher interest rates, and limited access to financial products. The below credit cards solve this by helping users build and repair their credit profile with responsible usage. Credit Cards for People with 600 or low Credit Score
- Joining Fee: ₹0
- Annual Fee: ₹0
- Fee Waiver: Not Required
- Forex Fee: 2.49%
- Credit Limit: 90% of the FD amount
- Minimum FD amount: ₹2,000
- Perks:
- Virtual cards below ₹5,000 FD and Physical cards equal and above ₹5,000 FD
- Interest free period ranging from 20 to 50 days provided the payment of the last month is completed
- Up to 7% p.a. interest on the fixed deposit (interest rates are subject to merchant’s terms and conditions)
To apply for the card, please visit the Official Website
Also Read: SBM Zet RuPay Credit Card: Earn 7% Interest and Up to 40% Extra Cashback
- Joining Fee: ₹0
- Annual Fee: ₹0
- Fee Waiver: Not Required
- Forex Fee: 2.49%
- Credit Limit: 90% of the FD amount
- Minimum FD amount: ₹2,000
- Perks & Rewards:
- Virtual cards below ₹10,000 FD and Physical cards equal and above ₹10,000 FD
- 10% novio coins on Offline, Online, and UPI spend via novio credit card
- Welcome benefits worth ₹5,000 on spends of ₹2,000 within the first 30 days of card issuance
- 5 novio coins = ₹1
To apply for the card, please visit the Official Website
- Joining Fee: ₹0
- Annual Fee: ₹0
- Fee Waiver: Not Required
- Forex Fee: 0%
- Credit Limit: 100% of FD amount
- Minimum FD amount: ₹20,000 for Indian Citizens and ₹25,000 for NRIs
- Perks & Rewards:
- 4X reward points on online, offline, international spends
- 1X = 1 Reward point per ₹200 spent
- 1 Reward point = ₹0.25
- Insurance payments, utility bills, FASTag recharges, and railway spends all will earn 1X reward points
To apply for the card, please visit the Official Website
- Joining Fee: ₹750 + GST
- Annual Fee: ₹750 + GST
- Fee Waiver: Annual Fee waived off on ₹1.5 lakh annual spends
- Forex Fee: 0%
- Credit Limit: 100% of FD amount
- Minimum FD amount: ₹20,000
- Rewards & Perks:
- 1 complimentary visits per quarter to airport lounges at Indian airport terminals
- 10% bonus reward points on flight bookings
- 8,000 reward points per month capped
- 1 RP = ₹0.5 on travel bookings via ‘First Rewards Gallery’
- 1 RP = ₹0.25 everywhere else
To apply for the card, please visit the Official Website
- Joining Fee: ₹0 (Limited-time period offer; else ₹499 + GST)
- Annual Fee: ₹499 + GST
- Fee Waiver: On ₹1 lakh+ spends annually
- Forex Fee: 3.5%
- Credit Limit: 100% of FD amount
- Minimum FD amount: ₹5,000
- Perks:
- 1% cashback on all UPI spends via IDFC FIRST Bank App
- 0.5% cashback on UPI via other apps
- Cashback capped at ₹500 per statement cycle
- 5% cashback on hotel bookings and 2% cashback on flights
To apply for the card, please visit the Official Website
- Joining Fee: ₹199 + GST
- Forex Fee: 0.99%
- Credit Limit: 100% of FD amount
- Minimum FD amount: ₹20,000
- Rewards & Perks:
- 1% fuel surcharge waiver up to ₹100 for transaction between ₹400 to ₹5000
- 500 points rewards on first transaction within 30 days of card issuance
- 2 reward points per ₹100 retail spends and 1 reward point on utility and insurance
- 2 complimentary domestic lounge visits per quarter on ₹50,000 spend per quarter
To apply for the card, please visit the Official Website
7. Kotak 811 Dream Different Credit Card
- Joining Fee: ₹250 + applicable taxes
- Fee Waiver: On credit limits of ₹18,000 and above joining fee is waived off
- Forex Fee: 0.035%
- Credit Limit: 90% of the FD amount
- Minimum FD amount: ₹10,000
- Rewards & Perks:
- Minimum tenure of 181 days FD
- Worth ₹1500 gift voucher
- Lifetime free credit card
All in all
These credit cards, which are mostly secured credit cards, provide a practical and low-risk entry into the credit system, especially suitable for beginners or those recovering from poor credit scores. With disciplined usage of these cards, they can significantly improve creditworthiness and unlock better financial opportunities over time.
Written by Jahnavi
