4 Effective Ways for Beginners to Start Building a Strong Credit Score

Stepping into the professional world is exciting - but if you’ve tried applying for a credit card or loan only to be turned down for having “no credit history,” you’re not alone. A strong credit score is your key to unlocking better financial opportunities, and the good news is, building one from scratch isn’t as hard as it seems. Here are four practical ways to get started.

1. Leverage Your Salary Account for a Starter Credit Card

Many banks offer credit cards to salaried individuals even without prior credit history, especially if your salary account is with them. Some may issue a card as soon as your first paycheck arrives, while others might observe your spending habits for a few months first.

Initially, you might receive an entry-level card with a modest limit - but use it responsibly, pay bills on time, and you’ll soon be eligible for higher limits or upgrades to premium cards. Over time, this steady usage can greatly improve your credit profile.

2. Get a Secured Credit Card Against a Fixed Deposit

If you can’t qualify for a regular card yet, a secured credit card is a great alternative. It’s issued against a fixed deposit you open with the bank, and your credit limit is usually 75-100% of the deposit value.

These cards work just like normal credit cards, and responsible usage helps you build a credit score quickly. Plus, once your score improves, you can apply for unsecured cards with better benefits.

3. Opt for EMI Plans on Gadgets or Appliances

Planning to buy a new phone, laptop, or household appliance? Many banks, NBFCs, and fintech companies offer short-term EMI plans (6-12 months) for such purchases - even if you’re new to credit.

Making timely EMI payments not only gets you the product you want but also adds positive repayment history to your credit record. After completing the tenure, you’ll likely have a decent credit score to qualify for bigger loans or credit cards.

4. Try the Buy Now, Pay Later (BNPL) Option

Popular e-commerce platforms like Amazon, Flipkart, and Tata Neu offer BNPL services that let you shop now and pay later - either in full next month or via EMIs.

Even without a credit history, you might get a small starting limit. Each repayment is reported to credit bureaus, helping you establish a credit track record. Within six months of consistent payments, you can approach banks or NBFCs directly for credit products with better terms.

Building your credit score from scratch is all about starting small and paying on time. Whether through a salary-based card, a fixed deposit-backed card, EMI purchases, or BNPL facilities - each step contributes to your financial reputation. Stay disciplined, and within months, you’ll be on your way to unlocking greater credit opportunities.