All cards / South Indian Bank
South Indian Bank
SIB Secured OneCard
Visa
SIB Secured OneCard
A fully digital secured card with zero fees and exceptional forex rates — perfect for travelers without a credit score.
Annual fee
₹0
Joining fee
₹0
Reward type
points
Base reward rate
0.25%
Card network
Visa
Card tier
Entry
Who this card fits
Best suited to applicants who clear the standard eligibility bar whose spend is concentrated in travel, online shopping. 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
Lowest forex markup at 1% (vs typical 2-3.5%) · 1% forex markup on international transactions
Eligibility
- 00
- Employment: salaried, self-employed
- Age: 18–70
Fees & charges
- Foreign currency markup: 1%
- Interest rate: 42% p.a.
- Fuel surcharge waiver: 1% fuel surcharge waiver on transactions between ₹500 and ₹3,000, capped at ₹400/month
- Cash advance charges: 2.5% of the withdrawn amount or ₹300, whichever is higher
Benefits
- 100% digital issuance, metal card, secured against FD with no CIBIL requirement
- Lowest forex markup at 1% (vs typical 2-3.5%)
Pros
- + Zero fees lifetime
- + Lowest forex markup (1%)
- + Instant digital issuance
- + No CIBIL required
Cons
- − Requires FD collateral
- − Minimal reward rate