No problem! Now you can open a zero balance digital savings account and apply for the credit card during the account opening process online. Kotak 811 is a zero balance savings account that you can open online from the comfort of your home.
What Is a Zero Balance Card? The term “zero balance card” refers to a credit card with no outstanding balance of debt. Credit card users can maintain zero balance cards either by paying off their full balances at the end of each billing cycle, or by simply not using their cards.
No problem! Now you can open a zero balance digital savings account and apply for the credit card during the account opening process online. Kotak 811 is a zero balance savings account that you can open online from the comfort of your home. It doesn't have any Average Monthly Balance (AMB) requirement.
No problem! Now you can open a zero balance digital savings account and apply for the credit card during the account opening process online. Kotak 811 is a zero balance savings account that you can open online from the comfort of your home.
Closing a credit card with a zero balance may increase your credit utilization ratio and potentially drop your credit score. In certain scenarios, it may make sense to keep open a credit card with no balance. Other times, it may be better to close the credit card for your financial well-being.
Login to the credit card provider's official website using your banking credentials and navigate to the 'Statement' or 'Transactions' section. You can view or download the statement for the last six months from there. You can also request the same via email or a customer care number or visit the nearest branch.
One option for an unsecured credit card for an applicant with no credit history is a student credit card. Student credit cards don't require a deposit like secured cards do, and usually function more like a regular credit card.