How to Get Credit Line Card 

Looking for credit but a regular credit card does not seem appealing? 

Well, we have something even better!

Introducing - the Money View Advantage Card! A credit line card that comes with all the benefits of a regular credit card but is much more affordable and accessible.

Here’s how you can apply for a Money View credit line card easily.

How to Apply for a Money View Credit Line Card

Follow the steps given below to easily avail a line of credit offering from Money View -

Eligibility Criteria for Money View Credit Line Card

Fulfill the eligibility conditions given below to easily get an Advantage card from Money View -

Documents Required for The Money View Advantage Card

At Money View, we constantly focus on ensuring our customers’ comfort which is why our documentation requirements are minimal.

We require your PAN card as the primary documentation while your Aadhaar-based KYC details will have to be verified. However, in certain circumstances, we may require additional proof of address for which the accepted documents are given below -

Identity Proof Address Proof Income Proof

PAN Card - This is the primary ID proof required. However, if it is rejected due to image quality issues or other reasons, any 1 of the officially valid documents given below will suffice

  • Aadhaar Card

  • Valid Indian Passport

  • Valid Voter ID

  • Valid Driver’s License

Any 1 of the following - 

  • Aadhaar Card

  • Valid Indian Passport

  • Valid Voter ID

  • Valid Driver’s License

  • Utility Bills (Electricity, Water, Gas) dated within the last 60 days

Salaried Applicants - Last 3 months’ bank statements of your salary account in PDF format showing salary credits


OR


Self-Employed Applicants - Last 3 months’ bank statements in PDF format if you are self-employed

Fees and Charges for Money View Credit Line Card

The Money View Advantage card stands out from other similar offerings due to its affordability. Given below are the fees and charges for the Money View credit line card -

Fees and Charges Amount Chargeable
Joining Fee Nil
Annual Fee Nil
Interest Rate Up to 3% p.m.
Interest-free Period Upto 40 days
Available Pre-approved limit Rs. 3000 to Rs. 2 lakh
Late Fee Rs. 300 in addition to applicable interest
Withdrawal Transaction Fee Upto 4% on direct transfer to bank account

Conclusion

The moneyview Advantage card is a credit line card that combines the best features offered by regular credit cards but are much more accessible. Additionally, the conditions required to avail these cards are also quite simple as illustrated previously.

So what are you waiting for? Click here to get your own Advantage card today!

Credit Line Card Related FAQs

Loans that allow you to borrow money up to a certain limit are known as lines of credit. The funds are not required to be used for a specific purpose, and you are free to spend as little or as much of them as you like, up to a certain limit. 

You have the option of repaying your debts at any time. A line of credit card allows you to access this credit through a card.

The principal can be repaid whenever you like, but you are required to make the minimum monthly payment outlined in your statement. To maintain your credit limit, you are required to make this payment with interest, insurance premiums (if applicable), and any other amounts relating to your account.

In order to qualify for a personal LOC, you will typically need a good credit history with no defaults, a credit score of 670 or higher, and consistent income.

You can build your credit history by maintaining a long-term personal line of credit. However, a new credit line or the closing of one shortens your overall credit history. Your credit score may be affected by a short credit history.

Lines of credit (LOCs) are accounts that let you borrow money whenever you need it from a bank, up to a point. You can write checks or use your bank card to pay for purchases or withdrawals. Often referred to as bank lines or personal lines of credit, lines of credit are offered by many banks and credit unions.

Paying bills using credit cards and lines of credit is similar to taking out a cash advance. The interest will begin to accrue as soon as you make the payment, just like a cash advance.

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