Credit Card: Are you a student and need a credit card? Just do this one thing, the card will be delivered to your home..

Many students want to get a credit card but are unable to do so. After all, who will give them a credit card? Before giving a credit card, every bank wants to know what is the source of income of the user. A student has no source of income. If you are also a student and want to get a credit card, then you can adopt one way.

An add-on card is an option.
If you are a student and want a credit card, then you can get an add-on credit card on the credit card of your parents or siblings.

Who can apply?
If you are taking an add-on card, then only the person on whose credit card you are taking the add-on card can apply for it.

Who will pay the bill?
Even if you are thinking that you will pay your credit card bill from your pocket money or earnings from freelancing, this will not happen. Whenever the statement is generated, it will be added to the account of the primary cardholder. If you want, you can give your share of money to the primary cardholder.

How will you know how much you spent?

The statement that the primary cardholder will get may have the total bill of both cards, but the expenses of both cards are given separately in the statement. That is, you will be able to track your expenses easily by looking at it.

How to get an add-on card?

It is quite easy to get an add-on card. For this, the primary cardholder will have to call the bank or go to its app and request an add-on card. Keep in mind, this card can be free or there may be an annual charge on it. Different banks have different rules regarding this.

How much credit limit is available?

There is no separate limit for add-on cards. Just understand that the limit that was used earlier by the primary cardholder will now be used by two people (with add-on cards). However, many banks give the primary cardholder the option to set a limit on the add-on card.

Disclaimer: This content has been sourced and edited from Zee Business. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.