Credit Card for minors?

Question

Does anyone know about any good creditcard or debit card services that a minor can use in india?

Answer 1

YES - ICICI Bank offer the Debit Card for the Minor from 1 day till 18 years with the Daily limit of Rs. 2500/- Visit : http://www.icicibank.com/pfsuser/icicibank/depositproducts/kid-e-bank/kid-e-bank.htm

Answer 2

i might think of a minor credit card is one among those issued by technique of shops, the place there are various limits. RE: what's a minor credit card? - television categorised classified ads remind us those merchandising retailers settle for all significant credit enjoying cards.

Answer 3

In India - nope.

In the US, minors can't have credit cards because that means they are making a contract to pay something back. Minors can't legally make a contract

Answer 4

You can have an add on card on an adults card. A minor cannot have a credit card, because he is not in an age when he is competent to enter into a contract.

Answer 5

In India - nope.

In the US, minors can't have credit cards because that means they are making a contract to pay something back. Minors can't legally make a contract.

Answer 6

31-1-115. Issuing credit cards to minors -- collection of debt. (1) An issuer of a credit card or similar loan advance access device may not issue a credit card or similar loan advance access device to a minor, as defined in 41-1-101, residing in this state without first obtaining consent to the issuance from the minor's parent or legal guardian.
(2) An issuer of a credit card or similar loan advance access device that does not receive a parent's or legal guardian's consent, as required in subsection (1), before issuing the credit card or similar loan advance access device to a minor may not collect in this state from the minor or the minor's parent or guardian any debt incurred by the minor through the use of the credit card or similar loan advance access device.

Answer 7

You don't need a credit card if you're a minor in India... Just get mom and dad to give you a couple of rupees and go play...

Answer 8

The best credit card for you will have a credit limit equal to about four times the amount you can afford to pay per month. To determine this, you will need to look at your spending habits, as well as your bank account. Despite the fact that a lower credit limit will impair your freedom to spend, it can also discipline you into better spending habits
The best credit card for you will have cash back guarantee incentives. A cash back incentive simply means that you will be getting about one percent back off your purchases of certain goods or services. Such cash back incentives can be useful when you purchase expensive items such as luxury goods or gas, or if you pay the electricity bill.

The best credit card for you will offer rewards incentives. For every specified amount of purchase, you can be awarded points. These points can be accumulated and, at certain amounts, can entitle you to gifts. Such gifts may include certificates for discounts at credit card partner establishments, appliances, or even trips abroad.
http://www.credit-card-forums.com/index.html contains so many types of credit card. you can campare them and apply online here.

Answer 9

i doubt if any credit card provides card servce for minors, independantly.. one can get an add-on card on a primary card..

moreever, even if one does get a credit card , i sincerely advise parents not to go for one, since it might inculcate serious behavioural patterns for minor, wherein the minor would not value anythng in life, cos all he or she has to do is swipe the card and the parents would take care of the payment....

Answer 10

use a gift card