Lifetime Free FD Credit Cards

Some of the key features and benefits of lifetime free FD credit cards are mentioned below: 

1. Utkarsh SuperCard RuPay Credit Card

Minimum FD Amount: Rs. 500
Annual Fee: Nil

Key Features and Benefits:

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

2. Stable Money Suryoday Credit Card

Minimum FD Amount: Rs. 1,000
Annual Fee: Nil

Key Features and Benefits:

• 0.5% cashback on all transactions, including UPI transactions
• Cashback capped at Rs. 3,000 for every calendar month
• 8 free domestic airport lounge visits per year, up to 2 visits per quarter

3. SBM ZET Credit Card

FD Amount: Rs. 2,000
Annual Fee: Nil

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 on min. transaction value of Rs. 1,000
• 5% cashback on Amazon and Flipkart vouchers
• Up to 15% cashback on 80+ top brands and platforms, like Dominos, PVR, Nykaa, Cleartrip, etc

4. IDFC FIRST WOW! Credit Card

FD Amount: Rs. 20,000
Annual Fee: Nil

Key Features and Benefits:

• 4X reward points on online, offline, and international transactions
• 1X reward point on insurance premium payments, FASTag recharge, railway spends, and utility bill payments
• 1X reward point per Rs. 200 spent
• Zero forex markup fee
• Exclusive deals and discounts on 1,500+ retailers and restaurants

5. HDFC PIXEL Play Credit Card

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

Key Features and Benefits:

• 5% cashback as per your choice of two packs (capped at 500 points monthly)
  • 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, max. at 500 points per month
• 3% cashback on the choice of any one E-commerce merchant- Amazon/Flipkart/PayZapp, up to 500 points per month
• 1% cashback on UPI Spends on RuPay variants, up to 500 points per month
• ​​​1% unlimited cashback on other categories

Things to consider before applying for an FD Credit Card are mentioned below:

• The credit limit is usually linked to your fixed deposit, so a higher FD means a higher spending limit.
• Your FD is generally locked as collateral until the card is closed or upgraded.
• Missing payments can negatively impact your credit score, even though the card is FD-backed.
• Interest on the FD continues to accrue, but withdrawal is restricted during the card tenure.
• Always compare FD requirements, features, and fees before choosing a card.
• Rewards and benefits are usually basic compared to premium unsecured credit cards.