SBM Credit Card Against FD

SBM FD Credit Cards are backed by a fixed deposit and offer benefits like cashback, discounts, reward points at a low or no annual fees. These cards are ideal for first-time users, those building their credit history, or consumers who want to earn rewards on everyday spends. With features across online, offline, UPI, and travel-related transactions, these cards help maximize value on regular spends. Read on to know more about SBM credit cards against FD.

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

1. SBM Bank Paisabazaar Paisa+ Credit Card

Annual Fee: Rs. 499
FD Amount: Rs. 2,000

SBM Bank Paisabazaar Paisa+ is a co-branded credit card that offers accelerated benefits on online shopping. Cardholders can earn up to 1.5% cashback on online spends (depending on the FD amount) and 1% cashback on other spends, including UPI transactions, making it a suitable option for everyday spends. It is ideal for consumers who are planning to start their credit journey and prefer to shop online.

• 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

2. 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

3. SBM novio Credit Card

Annual Fee: Nil
FD Amount: Rs. 5,000

SBM novio Secured Credit Card is 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%

4. SBM OneCard Credit Card

Annual Fee: Nil
FD Amount: Rs. 5,000

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: 

Also Know: Best FD-Backed Credit Cards in India

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

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

Here is the list of popular issuers offering FD credit cards: