Yes, SBM Paisabazaar Paisa+ Credit Card is a secured credit card backed by a fixed deposit starting from Rs. 2,000. The credit limit is generally issued against the FD, making it decent choice for consumers with limited or no credit history.
FD Backed Credit Card
SBM BANK PAISABAZAAR PAISA+ CREDIT CARD
7.25%* Interest on FD
1% Cashback on
Everyday Spends
Turn Every Spend into Savings
1.5% Cashback
On all your online spends
Save on UPI spends
Get cashback on UPI payments
90% Instant Limit
Credit limit up to 90% of your FD
More Deals. More Savings.
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MakeMyTrip
Up to 10% discount on MMT via RuPay Credit Cards
Boat
Flat Rs. 500 off on Boat
Hilton Hotels & Resorts
Get 20% off on Food & Soft Beverages
Healthkart
10% off on a min. spend of Rs. 999
Ixigo
8% off on flight bookings
Yatra
15% off on domestic flights
Lifestyle
15% off on a min. order value of Rs. 1,999
Apollo Hospital
Save 25% on ProHealth health checks
Your FD, Your Limit, Your Rewards
Real People, Real Stories
I had almost given up on getting a credit card after facing multiple rejections. Then I read about SBM Paisabazaar Paisa+ online. What really surprised me was that I could get the card with an FD of just Rs. 2,000. I initially applied to rebuild my credit score, but the card has also helped me save on everyday expenses through cashback.
Akash Verma
Kanpur
4.0
I had just started my first job and wanted a credit card to begin building my credit score. That’s when I came across SBM Paisabazaar Paisa+ Credit Card. The best part was that I could get started with a small FD amount. I now use the card for daily expenses like food delivery, shopping, etc., and it has helped me become more disciplined with money. It feels like a great first credit card for beginners like me.
Palak Singh
Surat
4.5
I run a small business, but because my income is not fixed every month, getting an unsecured credit card was always difficult. But SBM Paisabazaar Paisa+ Credit Card made the process much easier since it is backed by an FD. For self-employed people like me, this card is honestly a practical solution.
Ankit Sharma
Mumbai
3.5
SBM Paisabazaar Paisa+ Credit Card was easy to apply for and didn’t require income documents or complicated paperwork. I started using it for small everyday spends and paying the bills on time every month. It has been a convenient way to build credit while also enjoying cashback benefits.
Priyanka Mehra
Delhi
4.0
I wanted a simple credit card for daily expenses and credit building. The SBM Paisabazaar Paisa+ Credit Card was easy to get and has been useful for both.
Vandana P.
Hyderabad
4.5
The application process for the SBM Paisabazaar Paisa+ Credit Card was simple and hassle-free. It’s a practical option for anyone new to credit.
Rohan Arora
Pune
4.0
As a homemaker, I always found it difficult to get a credit card in my own name because I did not have an income. The FD-backed SBM Paisabazaar Paisa+ Credit Card made the process much simpler. I now use the card for groceries and online shopping while also building my own credit history.
Shalini Gupta
Lucknow
4.0
Because of past financial issues, my credit score had dropped and getting a regular credit card became very difficult. The SBM Paisabazaar Paisa+ Credit Card gave me a simple way to rebuild my credit profile with responsible usage. I’ve been using it for everyday expenses and have already seen improvement in my credit score.
Arpit Kumar
Agra
4.5
The SBM Paisabazaar Paisa+ Credit Card was much easier to get compared to regular credit cards for a very small FD. It has helped me build my credit score while saving on UPI spends. Great card for beginners!
Mohd. Usman
Kolkata
4.5
Why Choose Paisa+?
Earn Double
Your FD earns interest while your card earns cashback
100% Approval
Guaranteed approval, no credit history or income proof required.
Build Your Credit Score
Perfect to build or repair your credit score effortlessly.
Fee And Charge
Joining Fee
Zero
Annual Fee
499
(Waived on spending Rs. 50,000 p.a.)
Steps to Apply Online
Step 01
Register & Verify Your Details
Step 02
Choose & Fund Your Fixed Deposit
Step 03
Complete Your KYC Process
Step 04
Get the Credit Card Delivered
Frequently Asked Questions
Is SBM Paisabazaar Paisa+ Credit Card a secured credit card?
Is a higher FD amount beneficial for cashback earnings?
Yes. Cardholders with an FD above Rs. 10,000 earn 1.5% cashback on online spends, compared to 1% for FD amounts between Rs. 2,000 and Rs. 10,000. Offline spends earn 1% cashback regardless of the deposit value.
Is there a limit on cashback earnings?
Yes. Cashback is capped at 500 Cash Points per day and 3,000 Cash Points per month.
Can cardholders earn returns on the FD as well?
Yes. In addition to cashback rewards, the fixed deposit backing the credit card can earn up to 7% annual interest. This allows users to build credit history while continuing to earn returns on their deposited funds.
Who can apply for this credit card?
This card is suitable for consumers who are new to credit or not eligible for regular credit cards. It is commonly chosen by consumers who want to build or improve their credit profile while earning basic cashback on regular spends.
Is SBM Paisabazaar Paisa+ Credit Card a secured credit card?
Yes, SBM Paisabazaar Paisa+ Credit Card is a secured credit card backed by a fixed deposit starting from Rs. 2,000. The credit limit is generally issued against the FD, making it decent choice for consumers with limited or no credit history.
What are the cashback benefits offered by this credit card?
The card offers 1% cashback on online spends for FD amount between Rs. 2,000 and Rs. 10,000, and 1.5% cashback for FD amount above Rs. 10,000. It also offers 1% cashback on offline spends and eligible UPI transactions.
Are there any limits on cashback earnings?
Yes, cashback earnings are capped at 500 Cash Points per day and 3,000 Cash Points per month. Each Cash Point is equal to Rs. 1, which can be redeemed against eligible transactions as per the card terms.
Does SBM Paisabazaar Paisa+ Credit Card help build credit score?
Yes, with regular disciplined usage, you can build your credit score in a few months. Even people with bad credit can get this card and start making timely payments to improve their credit score.
Can I use the SBM Paisabazaar Paisa+ Credit Card for UPI payments?
Yes, the card offers 1% cashback on UPI spends. However, this benefit is applicable only when the total UPI spending exceeds Rs. 2,000.
