secured credit cards query

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Malai_Kofta

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Can ICICI secured credit cards be issued against joint account fixed deposits? I have around 7L in savings account itself in name of my husband and myself and 4L FD
 
Malai_Kofta said:
Can ICICI secured credit cards be issued against joint account fixed deposits? I have around 7L in savings account itself in name of my husband and myself and 4L FD
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Its strange why they didn't offer you an LTF credit card yet.
Are your deposits with ICICI ?
 

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"Eligibility -
FD Card can be opened by resident individuals only i.e. FD account holder where the mode of holding is either single or joint."

Thank Google :)
 
Query: I am planning to buy an appliance urgently and an iPhone during Big Billion sale. Flipkart currently has offers on ICICI Credit Cards. There are two options -

1) Online: Open an InstaSave FD account (Zero Balance account) which gives a credit card instantly with maximum 45000 credit limit.

2) Offline: Make an FD for 1 lac tomorrow and open a Savings account and get a credit card against that FD. They may offer around 90000 as credit limit but I am not sure if the account will be Zero balance or not. Also, How much time they may take to issue a card? This option may also increase risk of exposure.

Also I am wary of ICICI's horror stories so want to keep my exposure minimum.
 
xkcd0137 said:
Query: I am planning to buy an appliance urgently and an iPhone during Big Billion sale. Flipkart currently has offers on ICICI Credit Cards. There are two options -

1) Online: Open an InstaSave FD account (Zero Balance account) which gives a credit card instantly with maximum 45000 credit limit.

2) Offline: Make an FD for 1 lac tomorrow and open a Savings account and get a credit card against that FD. They may offer around 90000 as credit limit but I am not sure if the account will be Zero balance or not. Also, How much time they may take to issue a card? This option may also increase risk of exposure.

Also I am wary of ICICI's horror stories so want to keep my exposure minimum.
Click to expand...

Use a friend's/relative's card.
You take discount, they keep RPs.
 
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