All cards / SBM Bank India
SBM Paisabazaar Paisa+ Credit Card
RuPay
SBM Paisabazaar Paisa+ Credit Card
Paisa+ is Paisabazaar's co-branded secured credit card with SBM Bank India, built for new-to-credit consumers, students, and anyone rebuilding a credit profile. The minimum FD requirement of just ₹2,000 makes it one of the most accessible secured cards on the market, though the cashback tier depends on how large the linked FD is. It's a starter card, not a spend-optimisation tool.
Annual fee
₹499
Joining fee
₹0
Reward type
cashback
Base reward rate
1%
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, utilities. Its annual fee waives if you can comfortably clear the spend threshold.
Rewards & benefits
- Rewards rate: 1% base rate
Benefits by category
- 🛍️ Shopping
1.5% reward rate
- 🧾 Utilities
1% reward rate
- 🌍 Forex / international spend
3.5% forex markup on international transactions
Eligibility
- Employment: salaried, self-employed
- Age: 18–60
Fees & charges
- Spend-based waiver: Waived on annual spend of ₹50,000
- Foreign currency markup: 3.5%
Benefits
- FD-backed secured card starting from as little as ₹2,000 fixed deposit.
- 1.5% cashback on online spends when the linked FD is above ₹10,000, plus 1% on offline and UPI spends above ₹2,000.
Pros
- + Very low minimum FD requirement of ₹2,000
- + No income proof needed
- + Cashback scales up with a larger linked FD
- + No joining fee; ₹499 annual fee waived on ₹50,000 annual spend
Cons
- − Higher cashback tier only unlocks with a bigger FD
- − Not suited for high-limit or premium spending needs
- − Card management routed through the Paisabazaar app