New Delhi, July 1 -- If you are a young professional or a student, the chances are that your credit history is too insignificant to make any difference to your credit score. This may not affect you if you do not plan to take any loan or credit card in near future, but what if you do.

In that case, it is highly recommended to opt for a secured credit card so that you can build your credit history.

It is a credit card which is issued against a fixed deposit (FD) of a bank. For instance, IDFC First Wow and Sbi Card Unnati.

These are some of the key features:

1. You do not need a credit history to get a secured credit card

2. Since this is issued against a lien of fixed deposit, you can choose the credit card's card limit based on the am...