All cards / SBM Bank India
SBM Paisabazaar StepUp Secured Credit Card
The StepUp Secured Credit Card is Paisabazaar's other FD-backed RuPay product with SBM Bank India, positioned as a stepping stone toward an unsecured card once a repayment history is built. It carries no joining or annual fee and doesn't require income documentation. Best suited to first-time credit users starting from scratch.
Annual fee
₹0
Joining fee
₹0
Reward type
points
Base reward rate
0.25%
Card network
RuPay
Card tier
Entry
Who this card fits
Best suited to applicants who clear the standard eligibility bar. It's a lifetime-free card with no fee to track.
Rewards & benefits
- Rewards rate: 0.25% base rate
Benefits by category
- 🌍 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
- Secured credit card backed by a fixed deposit with SBM Bank India, designed to help first-time applicants step up to an unsecured card over time.
Pros
- + No income proof or credit history required
- + No annual fee; joining fee is nil for FDs above ₹5,000 (₹250 at ₹5,000, ₹500 at ₹2,000)
- + Helps build a repayment track record for future unsecured cards
Cons
- − Basic rewards: 1 point (₹0.25) per ₹100, with no points on fuel, utilities, rent or EMI
- − Requires tying up money in an FD
- − Not aimed at anyone who already qualifies for an unsecured card