Beginner help with Kotak-Supermoney FD-backed CC.

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Hi everyone!

I’m a 21-year-old student with no current income, and I’m looking to build my credit rating.

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Current Cibil: 726

Current Experian: 783

Credit Age: 1 month.

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Monthly Income and Employment status:0 and unemployed.

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Monthly Expenses & Spending Patterns:

Can range from ₹600-₹6000 ( we get electricity bill quarterly here)

Mostly spent on mobile recharges,electricity bills and groceries.

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Preferences: Just want to build up credit rating for now.

A couple of years ago(2023), I briefly took an IDFC Bank/Flipkart BNPL option but closed it within days. I have not tried to get any credit instruments since.

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At one point, my CIBIL score was 756, but it dropped to 726 about a year ago.

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Now, I’m considering an FD-backed credit card. I’m leaning toward the Kotak Supermoney (basic version) with an FD of around ₹6,000 to ₹6,500 to get the physical card free.

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My question is: Should I open a Kotak 811 account before applying, or can I do it through the Supermoney app?

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I have an UCO Bank account (3 years) and an Axis Bank account (1.5 years).

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Also, within Kotak, do I need the standard 811 savings account, or would they require the Super Savings account? The Super Savings account has fees, and since my monthly spending won’t exceed ₹10,000, that’s a dealbreaker.

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Are there any additional charges I should watch out for, or any flaws in this plan?

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Any suggestions would be appreciated!

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I do apologise in advance as i might not be able to reply quickly.