A low CIBIL score can be a major roadblock when applying for a credit card. Financial institutions use this score to assess an individual’s creditworthiness. If you have a low CIBIL score, your chances of getting an unsecured credit card are slim. However, secured credit cards offer a viable solution, allowing individuals with poor credit scores to access financial flexibility and rebuild their credit profile.
What Is A Secured Credit Card?
A secured credit card for low cibil score is backed by a fixed deposit (FD) that acts as collateral. The credit limit is usually a percentage of the FD amount, often ranging between 80% and 100%. These cards work like regular credit cards but minimize the lender’s risk, making them accessible even to individuals with poor credit histories.

Key Features of Secured Credit Cards
- Low Credit Score Requirement: Ideal for individuals with a poor CIBIL score.
- FD-Based Collateral: Requires an FD with the issuing bank.
- Credit Limit Based on FD: The credit limit is typically a percentage of the FD.
- Credit Score Improvement: Responsible usage helps improve the CIBIL score over time.
- Rewards and Benefits: Some secured credit cards offer cashback, rewards, and discounts.
Best Secured Credit Cards For Individuals With A Low CIBIL Score
1. SBI Card Unnati
Why Choose This Card? SBI Card Unnati is an excellent option for individuals looking to improve their credit scores. With a minimum fixed deposit of Rs. 25,000, this card offers a range of benefits.
Key Features:
- No annual fee for the first four years.
- Credit limit of up to 90% of the FD amount.
- Cashback on transactions above Rs. 500.
- Worldwide acceptance and online shopping privileges.
2. Axis Bank Insta Easy Credit Card
Why Choose This Card? This card is ideal for individuals with low CIBIL scores, as it requires a minimum FD of Rs. 20,000.
Key Features:
- Instant approval against an FD.
- Up to 100% credit limit of the FD amount.
- 15% discount at partnered restaurants.
- Cash advance facility up to 100% of the credit limit.
3. ICICI Bank Instant Platinum Credit Card
Why Choose This Card? ICICI Bank offers a secured credit card with minimal eligibility requirements, making it an excellent choice for rebuilding credit.
Key Features:
- No joining or annual fee.
- Requires a minimum FD of Rs. 20,000.
- Up to 85% of the FD as a credit limit.
- Reward points on all transactions.
- Fuel surcharge waiver.
4. HDFC Bank Fixed Deposit Credit Card
Why Choose This Card? This secured credit card is issued against an FD of Rs. 10,000 or more, making it accessible for individuals with a low CIBIL score.
Key Features:
- Credit limit up to 85% of the FD.
- No income proof required.
- Interest-free period of up to 50 days.
- EMI conversion on large purchases.
- Rewards and cashback on spending.
5. Kotak Mahindra Bank Aqua Gold Credit Card
Why Choose This Card? Designed for customers with poor credit, this card helps in credit score improvement.
Key Features:
- Requires a minimum FD of Rs. 10,000.
- Credit limit up to 80% of the FD.
- Fuel surcharge waiver.
- Reward points on transactions.
- Free add-on cards.
How To Apply For A Secured Credit Card For Low CIBIL Score?
Step 1: Choose the Right Bank and Card
Compare various secured credit cards based on features, credit limit, and rewards to find the best fit for your needs.
Step 2: Open a Fixed Deposit
Since secured credit cards are issued against an FD, you must open one with the issuing bank.
Step 3: Submit the Application
Most banks allow online and offline applications. You will need to provide basic KYC documents such as:
- PAN card
- Aadhaar card
- Passport-sized photographs
- FD receipt
Step 4: Receive and Activate Your Card
Once approved, the bank will issue your secured credit card. You can activate and start using it immediately.
Tips To Improve Your Credit Score Using A Secured Credit Card
- Make Timely Payments: Paying your credit card bill on time is crucial for improving your CIBIL score.
- Maintain a Low Credit Utilization Ratio: Try to use less than 30% of your available credit limit.
- Avoid Minimum Payments: Paying only the minimum due can lead to high-interest charges.
- Monitor Your Credit Report: Regularly check your CIBIL score to track improvements.
- Keep Your FD Intact: Avoid breaking your FD before maturity, as it may lead to card cancellation.
Conclusion
A credit card for low CIBIL score individuals is a practical way to regain financial credibility. Secured credit cards offer a structured approach to rebuilding your credit profile while enjoying the benefits of a credit card. By choosing the right secured credit card and following disciplined financial habits, you can steadily improve your CIBIL score and eventually qualify for unsecured credit cards with better rewards and higher limits. If you have been struggling to get a credit card due to a low CIBIL score, opting for a secured credit card can be your first step toward financial stability.
Resource Link:
https://www.credyfi.com/credit-cards/cards-for-bad-credit
https://en.wikipedia.org/wiki/Credit_score

Sheldon Klein, a skilled writer from Austin, Texas, delves into the realms of business and technology with fervor. With a knack for demystifying complex concepts, he crafts engaging content that enlightens and inspires. From dissecting market trends to exploring cutting-edge innovations, Sheldon’s work bridges the gap between clarity and complexity. Join him on a journey of discovery, where every word unlocks new insights.