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SBM Bank India
SBM Rupicard Credit Card
Visa
SBM Rupicard Credit Card
SBM Rupicard is a fixed-deposit-backed Visa credit card issued through the Rupicard app, requiring a minimum ₹5,000 FD to activate. Reward points earn at 2 per ₹100 spent, redeemable for cashback at a fixed value. It's aimed at first-time cardholders who want a mainstream network card without an income check.
Annual fee
₹0
Joining fee
₹0
Reward type
points
Base reward rate
2%
Card network
Visa
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: 2% base rate
Benefits by category
- 🌍 Forex / international spend
3.5% forex markup on international transactions
Eligibility
- Employment: salaried, self-employed
- Age: 18–61
Fees & charges
- Foreign currency markup: 3.5%
Benefits
- Credit limit up to 90% of a fixed deposit of at least ₹5,000 opened via the Rupicard app.
- Linked FD continues to earn interest, up to around 7% p.a., while it backs the card.
Pros
- + No income proof or CIBIL history required
- + Minimum FD requirement of just ₹5,000
- + FD continues earning interest while backing the card
- + Runs on the Visa network rather than a co-brand-only network
Cons
- − Reward redemption value is fixed and modest
- − Credit limit is entirely tied to the FD size
- − Card servicing is app-only through Rupicard