All cards / SBM Bank India
SBM Kredit.Pe RuPay Credit Card
The Kredit.Pe RuPay Credit Card is another SBM Bank India FD-backed secured card, distributed through the Kredit.Pe app and pitched on unlimited UPI cashback. A minimum ₹2,000 FD is enough to get started, with no income proof or credit history required. It functions primarily as a UPI-first cashback card for first-time credit users.
Annual fee
₹199
Joining fee
₹0
Reward type
cashback
Base reward rate
3%
Card network
RuPay
Card tier
Entry
Who this card fits
Best suited to applicants who clear the standard eligibility bar whose spend is concentrated in online shopping. It's worth the annual fee mainly if your cashback value clears it.
Rewards & benefits
- Rewards rate: 3% base rate
Benefits by category
- 🛍️ Shopping
3% reward rate
- 🌍 Forex / international spend
3.5% forex markup on international transactions
Eligibility
- Employment: salaried, self-employed
- Age: 18–60
Fees & charges
- Foreign currency markup: 3.5%
Benefits
- Credit limit set at up to 90% of the fixed deposit maintained with SBM Bank via the Kredit.Pe app.
- Unlimited cashback on UPI and offline spends, marketed at up to 5% on UPI transactions.
Pros
- + Low minimum FD to get started
- + Up to 3% cashback on offline, online and UPI (via Kredit.Pe) spends, redeemable through the Kredit.Pe app
- + No income proof or prior credit history needed
- + No joining fee; ₹199 + GST annual fee applies only on credit limits under ₹4,500
Cons
- − Cashback terms and caps depend on the Kredit.Pe app's own program rules
- − Credit limit is capped by the FD amount
- − Card servicing is app-only, not through SBM's own banking channels