SBM Credilio Credit Card

You can earn Novio Coins as value-back on their spends. The card offers up to 10 Coins per Rs. 100 spent on fuel and 5 Coins per Rs. 100 spent on other categories, including UPI transactions. These Coins can be redeemed for brand vouchers through the Novio app.

The credit limit on SBM Credilio Credit Card is 90% of the fixed deposit amount. For example, if your FD is Rs. 10,000, your available credit limit will be Rs. 9,000.

This card has no joining or annual fees. However, finance charges are 3.5% per month (42% p.a.), and late payment fee is Rs. 499. The card also has a low forex markup fee of 2.49%, making it suitable for international spends.

The applicants must be Indian residents aged 18 years or above. The minimum FD required is Rs. 5,000 to apply for this credit card.

Yes, SBM Credilio Credit Card charges a low forex markup fee of 2.49%, which is lower than many standard credit cards. This makes it a practical option for international spends.

Yes, the card offers rewards on everyday categories including UPI transactions and accelerated rewards on fuel spends, making it useful for day-to-day purchases while helping you build a strong credit profile.