Best FD-backed Credit Cards for Online Shopping

Some of the key features and benefits of FD credit cards for online shopping are mentioned below: 

Utkarsh SuperCard RuPay Credit Card

FD Amount: Rs. 500
Annual Fee: Nil

Key Features and Benefits:

• 5% cashback on Myntra for transactions above Rs. 100, capped at Rs. 500 per cycle
• 2% cashback on Flipkart for transactions above Rs. 100, capped at Rs. 500 per cycle
• 1% cashback on UPI transactions above Rs. 100, capped at Rs. 500 per cycle
• 1% cashback on non-UPI transactions above Rs. 100, capped at Rs. 10,000 per cycle

SBM Bank Paisabazaar Paisa+ Credit Card

FD Amount: Rs. 2,000
Annual Fee: Rs. 499 + Applicable Taxes 

Key Features and Benefits:

• 1.5% cashback (1.5 Cash Points per Rs. 100) on online spends for FD amount above Rs. 10,000
• 1% cashback (1 Cash Point per Rs. 100) on online spends for FD amount between Rs. 2,000 and Rs. 10,000
• 1% cashback (1 Cash Point per Rs. 100) on offline spends
• 1% cashback on UPI spends above Rs. 2,000

SBM ZET Credit Card

FD Amount: Rs. 2,000
Annual Fee: 

Key Features and Benefits:

• Up to 20% off on Swiggy & Zomato each, twice a month
• Up to 20% off on Swiggy Instamart, twice a month (Discount of Rs. 100 per month on BookMyShow, once a month (Applicable on min. transaction value of Rs. 1,000)
• 5% cashback on Amazon and Flipkart vouchers
• Up to 15% cashback on 80+ brands and platforms, like Dominos, PVR, Nykaa, Cleartrip, etc.

Tata Neu Infinity HDFC FD Credit Card

FD Amount: Rs. 15,000
Annual Fee: Rs. 1,499 + Taxes

Key Features and Benefits:

• 5% back as NeuCoins on Non-EMI spends on Tata Neu and partner Tata brands
• Additional 5% back as NeuCoins on transactions made on Tata Neu App/Website,
• 1.5% back as NeuCoins on Non-Tata brand spends and any merchant EMI spends
• 1.5% back as NeuCoins, up to 500 NeuCoins per month, on UPI spends via RuPay card variant

HDFC Bank Pixel Play FD Credit Card

FD Amount: Rs. 56,000
Annual Fee: Nil

Key Features and Benefits:

• 5% cashback on your choice of two packs including, Dining & Entertainment – BookMyShow & Zomato, Travel – MakeMyTrip & Uber, Grocery – Blinkit & Reliance Smart Bazaar, Electronics – Croma & Reliance Digital, Fashion – Nykaa & Myntra, 
• 5% cashback on spends at Smartbuy
• 3% cashback on the choice of any one E-commerce merchant- Amazon/Flipkart/PayZapp
• 1% cashback on UPI Spends on RuPay variants
• ​​​1% unlimited cashback across all other categories

Some of the common steps to apply for an FD-backed credit card are mentioned below:

Step 1: Open a Fixed Deposit (FD) account with the bank from which you wish to obtain the secured credit card.
Step 2: Confirm that the bank provides credit cards against fixed deposits.
Step 3: Submit your credit card application through the bank’s website, mobile app, or by visiting a branch.
Step 4: Provide the necessary KYC documents and FD details for verification.
Step 5: The bank will review your application, verify the FD and personal information, and process the approval.
Step 6: Once approved, receive and activate your credit card to start using it within the credit limit linked to your FD.