SBM Bank Paisabazaar Paisa+ Credit Card

Yes, SBM Paisabazaar Paisa+ Credit Card is a secured credit card backed by a fixed deposit starting from Rs. 5,000. The credit limit is generally issued against the FD, making it decent choice for consumers with limited or no credit history.

The card offers 1% cashback on online spends for FD amount between Rs. 5,000 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.

No, this credit card does not charge any joining or annual fee. However, consumers should note that finance charges, late payment fees, and other applicable charges may still be levied as per usage.

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.

Yes, the card offers 1% cashback on UPI spends. However, this benefit is applicable only when the total UPI spending exceeds Rs. 2,000.

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.