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Unable to get a Credit Card. Any suggestions?

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India
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Unable to get a Credit Card. Any suggestions?   March 02, 2012, 02:25 AM

Hi Folks,

I think I have run into a wall here.

Our banks don't issue Credit Cards easily to self-employed or new businesses.

Since I didn't have a lot of transactions in my bank account, my credit card application has been rejected.

I do have an existing card with a $400 credit limit (procured it by attaching it to a time (aka term) deposit), but with such a small limit, I'll have to keep paying the credit card bill as soon as my supplier bills me for a product (or two), to bring the credit limit back to the original.

Same issue paying suppliers with Paypal as well, as Indian users can only pay using Paypal via their credit card (not thru Paypal balance).

Has anyone run into such a problem? Is there a workaround?

Thanks!

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