With 100% digital onboarding, getting a card has become easier than ever. If you want to get your hands on a free credit card apply online once you check the eligibility criteria. This approach doesn’t involve tedious visits to a bank or lengthy paperwork. All you need is an internet connection and your smartphone or laptop.
If you need assistance getting through the application process step-by-step, this comprehensive guide will be your perfect companion, ensuring a painless experience. Read along to learn in detail!
Why Opt for a Free Credit Card?
Before delving further, let’s address the core question of why you should go for a no-fee credit card. This option offers cost savings as you do not need to incur any annual fees or even joining fees to activate your card. Does this mean you lose out on the other benefits of a regular credit card? No! You still get offers, rewards, monthly statements, and fraud protection that premium cards offer.
Step-by-Step Guide to Apply for a Free Credit Card Online
Step 1: Research and Compare
To make the application process as smooth as possible, it’s crucial to thoroughly research all available free credit card options in the market. Look for cards with low interest rates, reasonable credit limits, cashback offers and rewards features. Use online comparison tools and reviews to narrow your options and find something suitable for your financial needs and lifestyle.
Step 2: Assess Eligibility Criteria
Once you’ve narrowed down a few potential credit cards, take time to understand the eligibility criteria set by their issuing bank or financial institution. Most often, banks require applicants to meet specific age, income, and credit score requirements. Before moving forward with the application process ensure you meet these conditions. Not doing this can be a big waste of time as your application could end up getting rejected.
Step 3: Collect Documents
To get a free credit card, applying without documents is not possible as companies need to ensure you meet the eligibility terms they have set. Based on the issuer, some common documents to keep on hand are:
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Identity Proof: This includes your Aadhaar and PAN card
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Address Proof: This includes your utility bills and rental agreements or home ownership papers
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Income Proof: This includes your salary slips and bank statements
Having these documents ready when completing your application will help ensure that you apply error-free and submit all the needed paperwork in one shot.
Step 4: Complete an Online Credit Card Application
After ensuring that you have all the necessary documentation, go to the card company’s official website or its mobile application. Find the ‘Apply now’ tab or locate the online credit card application form.
Fill in all requested details, such as your personal data, contact information, employment status and financial information. While filling in this form, make sure that all of the details are correct to avoid problems during verification that can significantly slow down the overall process.
Step 5: Send In Your Application
Before clicking on ‘Submit’, make sure you review the form. Read over the card’s terms and conditions to make sure you know the details before submitting the form for processing. Your application reference number allows you to track your application status. You can do so online, on the app, or by calling customer care.
Step 6: Waiting For Approval
Upon submitting a free credit card application online, banks will review, verify, and assess your documents as part of their internal procedures. This can take days to weeks, depending on which bank you apply with. During this waiting period, it’s best to be patient and refrain from applying to other cards, as this could negatively impact your score.
Step 7: Generate Credit Card Pin
Once your application has been approved and it arrives at your registered address, the next step in activating and using it is creating a PIN for it. Most banks provide the ability to generate PINs online via their website or mobile app.
Alternatively, you may go for a credit card pin generate option at an ATM or via a customer service helpline. Simply follow their instructions for creating a secure PIN that activates your free credit card.
Applying for a free credit card online has never been simpler. By following this guide, you can ensure the process is as smooth as possible. While applying for a card is easy, finding the right fit can be a challenge. If you are confused about the number of options you see, consider the One Credit Card.
This lifetime-free credit card is crafted in premium metal for a stylish feel. It also gives you 5X reward points on the top two spending categories each month. You can also get discounts on most transactions with partner brands and manage usage through its powerful mobile app. Explore all these benefits and apply online now.