I am thinking to apply for student card, so I wanted to know the credit limit on student credit cards?
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One of my friends has student credit card (Credit Cards against Fixed Deposit (FD) accounts) of ICICI bank and his credit limit is 90% of the FD amount.
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For add-on credit cards, the credit limit is generally the same as that of the primary card. However, in some cases, the limit on add-on cards may be lower, as it is at the bank’s discretion to decide the credit limit for add-on cards.
For credit cards issued against a Fixed Deposit (FD), the credit limit is typically set at around 85% to 90% of the FD amount, depending on the bank’s policy.
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