Personal
Login
|
Register
Corporate
Login
eTrade
Login
Search
Close this search box.
Start banking with SBM

Secured Credit Card

Get a guaranteed Credit Card from SBM Bank by simply opening a Fixed Deposit with the bank. Enjoy all the perks that come with a Credit Card and avail of a credit limit equal to the Fixed Deposit value. Entrepreneurs or self-employed professionals can get our soon-to-be-launched Secured Credit Card for their daily use. What’s more, the FD opened continues to earn interest at the higher rates offered by the bank.

No longer do you have to fill out lengthy credit card application forms, and then wait eagerly for approval. Many entrepreneurs and self-employed professionals will know all too well the pain of getting rejected post making an application due to the absence of a predictable income. With the SBM Secured Credit Card, you can now rest easy knowing that the card is always approved. What’s more, as you start using your Secured Credit Card and paying its bills on time, your credit score starts to improve.

assured-credit-card

SBM Freedom Credit Card

Coming Soon: A Credit Card that unlocks the potential of your Fixed Deposit and allows you to set your own credit card limit. SBM Freedom Credit Card backed by FD offers the freedom of a credit card along with the returns of a fixed deposit. 

Very soon, you will be able get yourself your SBM Freedom Credit Card backed by FD by applying for it online through a swift, zero paperwork process.

SBM Freedom Credit Card is issued against your SBM Fixed Deposit, which serves as the security deposit for your card, and also accrues interest to earn you attractive returns on the deposit.

Gone are the days of navigating through extensive credit card applications and anxiously waiting for approval or fearing rejection of credit card application due to unpredictable income. The SBM Freedom Credit Card offers a reassuring solution for entrepreneurs, salaried and self-employed individuals, students, home makers and retired personnels alike, and be easily applied for and acquired for their everyday need.

Unlock endless possibilities with the exceptional benefits of SBM Freedom Credit Card.

FEATURES & BENEFITS

Freedom of a Multipurpose card

Enjoy the freedom to spend, earn attractive returns on your fixed deposit, and build your credit score – all at the same time, with SBM Freedom Credit Card. You can get your virtual credit card instantly and your physical credit card within a few days. 

Enhance your Credit Score

With regular payment of your credit card bills, you can build and boost your credit score. This is especially beneficial for individuals who have unpredictable income owing to their early stage in work life or due to a switch in career or business path. 

Apply now with No Income Proof

An unpredictable or low income will no longer come in the way of getting yourself a great credit card. With SBM Freedom Credit Card, enjoy seamless online application and onboarding, without any physical documentation or CIBIL score requirement. 

Your Credit Card, Your Credit Limit

When it comes to SBM Freedom Credit Card, the Bank does not set the credit limit. You do! You get to choose your own Credit limit based on the amount of Fixed Deposit booked by you. 

Unmatched Privileges

With SBM Freedom Credit Card, you can enjoy the finest lifestyle benefits and privileges, such as airport lounge access, discounts and offers across top brands, and many more attractive benefits. 

Easily Accessible Customer Support

You can access the SBM Bank customer support network wherever you need. Our customer care helpline is active 24×7 for your convenience. For any assistance or queries, you can contact us on our toll-free number 1800 1033 817 or write to us at customercare@sbmbank.co.in.

Eligibility Criteria

To be eligible for the SBM Freedom Credit Card backed by FD, the applicant should be above 18 years of age, an Indian Citizen and tax resident of India, in addition to other standard eligibility criteria.

Co-Branded Credit Cards

SBM Bank also offers the following assorted Co-Branded Credit Cards:

SBM Credilio Secured Credit Card

Choose a credit card, that chooses You! The SBM Credilio Credit Card is an FD-Backed Card that never says No! The perfect card for Digital India. With 1% unlimited cashback on all transactions, exciting Interest rates on the FD and exhilarating welcome offers from leading brands. With this card in your pocket, you can take on the world.

Tell me more | T&C

SBM Magnet Gild Card

An FD backed credit card that helps build credit score while earning unlimited magnet coins as rewards. Earn FD interest up to 7% p.a.* on your fixed deposit.

Tell me more | T&C

SBM GILD Rupicard

Discover the future with our Digital FD-Backed Card. Experience the convenience of seamless online application with SBM Gild Rupicard. Enjoy exciting rewards on your spends while your Fixed Deposit earns up to 7% interest p.a.*

Tell me more | T&C

Niyo SBM Global Credit Card

A Fixed Deposit backed Global Credit Card that offers you zero forex mark-up* benefit. Enjoy the liquidity of a Credit Card, while earning up to 7% p.a.* assured interest on your Fixed Deposit.

Tell me more | T&C

UNI Card

SBM Bank UNI cards are committed to delivering an unmatched credit experience for millions of Indians. It is different, unique & powerful.

Tell me more | T&C

OneCard SBM Credit Card

A unique opportunity to own an assured swanky app-based credit card and improve your credit score by just using the card!
Apply Now |T&C| Tell me more | Reward Points

GILD SBM Credit Card

SBM Gild FDPay is India’s first premium FD-backed credit card where rewards can be redeemed for digital gold. Gild is powered by VISA and using the Gild App you can manage your FD account, Gild SBM Credit Card & rewards in one place.

Tell me more | T&C

Paisabazaar Step-Up SBM Credit Card

Avail a credit facility that helps you improve your credit score, and also enjoy access to Accounts and Deposits that offer a premium bank experience along with lucrative returns.
Tell me more | T&C | Reward Points

FAQs

A credit card is a financial tool that allows customers to access funds, make purchases online or at store, and repay the amount conveniently at a later stage. It is a type of credit facility offered by banks.
A credit card usually allows customers to borrow funds within a pre-approved credit limit that is determined by the Bank based on factors such as income, credit score etc.
A Secured Credit Card is issued against your Fixed Deposit with the Bank. Th FD serves as the security deposit and also helps you earn interest on the FD amount.
You will have to book an FD for a tenure of 390 days to avail the Secured Credit Card. Your FD will only function as collateral, and you will continue earning assured returns on your deposit. Your Credit Card limit will depend on the FD amount.
The Secured Credit Card works like any other regular Credit Card, with the exception that the FD functions as a security collateral for the credit card. So, if all credit card dues are repaid in a timely manner, the principal and interest amount of the FD remain untouched.