SBM Bank Secured Credit Cards

Here are some of the key features and benefits of secured credit cards offered by SBM Bank:

1. SBM ZET Credit Card

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

SBM ZET Credit Card offers a flat 20% discount on top brands such as Swiggy, Instamart, Zomato, and BookMyShow. Cardholders can earn 2% cashback on all UPI spends, 5% cashback on Amazon and Flipkart vouchers, and up to 15% cashback across 80+ brands, including Dominos, PVR, Nykaa, and Cleartrip. It is ideal for consumers looking for everyday savings, rewards on regular spends, and secure, interest-earning deposits. Some of the key benefits of this credit card are as follows:

• Flat 20% discount on top brands, such as Swiggy, Instamart, Zomato and BookMyShow
• 2% cashback on all UPI spends
• 5% cashback on Amazon and Flipkart vouchers
• Up to 15% cashback on 80+ brands and platforms, such as Dominos, PVR, Nykaa, Cleartrip, etc.
• Up to 7% interest on the SBM Bank fixed deposit

2. SBM Credilio Credit Card

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

SBM Credilio Secured Credit Card is a lifetime-free credit card designed for everyday spends. It offers 10 Novio Coins per Rs. 100 spent on fuel via UPI and 1 Novio Coin per Rs. 100 on other fuel spends. Other category spends, including UPI transactions, earn 5 Novio Coins per Rs. 100. Reward points can be redeemed through the Novio app for brand vouchers. Here are some of the major benefits of this credit card:

• 10 Novio Coins per Rs. 100 spent on fuel via UPI, capped at 400 Coins per month, for fuel spends between Rs. 400 and Rs. 4,000
• 1 Novio Coin per Rs. 100 spent on fuel, capped at 40 Coins per month, for fuel spends between Rs. 400 and Rs. 4,000
• 5 Novio Coins per Rs. 100 spent on other categories, including UPI transactions
• Reward points redeemable through the Novio app for brand vouchers
• Low forex markup fee of 2.49%

3. SBM OneCard Credit Card

Annual Fee: Nil
FD Amount: Rs. 10,000

SBM OneCard charges a low forex markup fee of 1% and offers 1 reward point per Rs. 50 spent. Consumers can earn 5X reward points on the top two spend categories each month. This card is suited for frequent travellers who want to maximize rewards on international spends. Some of the major benefits of this card are mentioned below: 

• No joining, annual, or reward redemption fees
• Low 1% forex markup fee
• 1 reward point per Rs. 50 spent
• 5X reward points on the top two spend categories each month

4. SBM MobiKwik First Credit Card

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

SBM MobiKwik First is a secured credit card backed by a fixed deposit, with the credit limit linked to the FD amount. Cardholders can avail 10% SuperCash on online and POS spends, 5% on Scan & Pay via the MBK app, and 1% on third-party UPI transactions. It is ideal for first-time credit users or anyone looking to build credit history while earning rewards on everyday spends. Given below are some of the features and benefits this SBM Bank credit card against FD:

• 10% SuperCash on all online transactions across merchants, except specified categories
• 10% SuperCash on all POS transactions, excluding specified categories
• 5% SuperCash on offline Scan & Pay transactions made through the MBK app using the First Card excluding specified categories
• 1% SuperCash on transactions made via other third-party UPI apps using the MBK First Card, excluding specified categories

5. SBM Kredit.Pe Credit Card

Annual Fee: Rs. 199 + Taxes
FD Amount: Rs. 2,000

SBM Kredit.Pe Credit Card offers 3% cashback per Rs. 100 spent on offline merchant payments, UPI transactions via Kredit.Pe, and online merchant payments. This card is suitable for consumers looking for cashback across all spending channels, helping maximize value on everyday transactions while maintaining controlled and secure card usage. Some of the major features and benefits this SBM Bank credit card against FD are as follows:

• 3% cashback per Rs. 100 spent on offline (PoS) merchant card payments
• 3% cashback per Rs. 100 spent on card via UPI on Kredit.Pe
• 3% cashback per Rs. 100 spent on online (Ecom) merchant card payments

Given below is the common eligibility criteria for SBM Bank credit cards against FD:

• Minimum Age: 18 years
• Resident: Indian 
• Min. FD Amount: Rs. 2,000

What are SBM Secured Credit Cards?
SBM Secured Credit Cards are backed by fixed deposits or come with structured rewards. They offer benefits like cashback, discounts, reward points at a low or no annual fees. These cards are designed for first-time credit users, individuals building their credit history, or consumers looking to earn rewards on everyday spends.

What is the eligibility criteria to apply for SBM credit card against FD?
To apply, you must be an Indian resident aged 18 or above. The minimum fixed deposit required to link with these cards is Rs. 2,000.

Are these cards lifetime free?
Cards such as SBM ZET, SBM Credilio Secured, and SBM OneCard do not charge joining or annual fees. SBM Kredit.Pe has a nominal annual fee of Rs. 199 plus taxes.

How do rewards and cashback work?
MobiKwik First offers 10% SuperCash on online and POS spends, 5% on Scan & Pay via the MBK app, and 1% on third-party UPI transactions. ZET offers discounts on top brands and cashback across multiple platforms. Kredit.Pe offers 3% cashback on all spend types. OneCard offers 1 point per Rs. 50 spent and 5X points on the top two spend categories each month.

Can I use these cards internationally or for travel?
Yes, cards like SBM OneCard and Credilio Secured have low forex markup fees ranging from 1% to 2.49%, making them suitable for international transactions.

How quickly can I get these cards?
The cards are issued through a digital onboarding process. SBM OneCard, for example, can be activated in under five minutes, while other secured cards are issued once the fixed deposit is verified.