Important Factors to Consider When Requesting Your First Credit Card

When requesting a credit card For the first time before any bank, it is important that you take into account the parameters of the banks, for example, financial behavior, not presenting accumulated debts, having a credit history in adequate numbers, among others.

It should be noted that the bank you select will have its own terms and conditions for the financial product, which is why it is crucial that you evaluate the entity’s offer, its interest, opening commissions, minimum income, annuity, credit provisionand how the entity will respond to events such as theft or loss.

As for the basic requirements to have a credit card are:

• Being over 18 years
• credit history
• Proof of income equal to or greater than 1,000,000 pesos, or a minimum wage
• Labor data
• Data on the type of home you have

Keep in mind that some financial entities have enabled digital channels to request the service.