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 -

Click on the link given here
Complete the eligibility requirements
Fulfill our minimal documentation requirements
That’s it! Once your application is processed and approved, you will be receive of the Money View Advantage Card
The best part? You can start using the card through your Money View Loans app without having to wait for the card to be physically delivered to you

Eligibility Criteria for Money View Credit Line Card

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

Applicants must be between 21 years and 57 years
Applicants must receive an income of Rs. 13,500 or more*
Income must be credited directly to the applicants’ bank account
Credit score must be a minimum CIBIL score of 600 or minimum Experian score of 650

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

What Is A Line Of Credit?

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.

What Is The Best Way To Repay A Credit Line?

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.

Do Credit Lines Require A Minimum Credit Score?

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.

Is A Credit Line Good For Your Credit?

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.

Is A Credit Line The Same As A Bank Account?

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.

Can I Use My Line Of Credit To Pay Bills?

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.