SBM GILD VISA Credit Card
SBM Bank
Last updated: Feb 03, 2026
₹0
₹0
2.5%
No lounge access
Contents
The SBM GILD VISA Credit Card is an FD-backed secured Visa card from SBM Bank India that rewards everyday spending with digital gold and cashback. It is designed for customers who want credit access without unsecured underwriting — open an SBM FD and get a credit limit linked to your FD. Lifetime free with simple digital onboarding, this card suits new credit-builders and those preferring secured credit with low friction.
Features of SBM GILD VISA Credit Card which makes it unique
FD-Backed Credit Limit
Credit limit secured against an SBM fixed deposit (commonly up to ~90% of FD value)
Access to credit without unsecured underwriting; helps build credit history
Similar to other FD-backed cards but marketed with digital-gold rewards
Digital-Gold Rewards
Rewards are credited as digital gold or cashback equivalents
Small automatic savings in digital gold from everyday spends
Unique positioning vs. straight cashback FD cards
Rewards Structure of SBM GILD VISA Credit Card
All Spends (Base)
baseAll merchant categories (POS & e-commerce)
Most spends earn a 1% reward credited as digital gold or cashback depending on the partner platform arrangement.
Digital Gold Rewards
acceleratedSelect promotional spends and welcome offer
Primary differentiator: rewards are paid in digital gold units or equivalent value.
Milestones of SBM GILD VISA Credit Card
No milestone reward
N/A : N/A
Fees & Charges of SBM GILD VISA Credit Card
| Fee & Amount | Fee Value |
|---|---|
| Joining Fee | 0 |
| Annual Fee | 0 |
| Forex Markup Fee | 2.5% |
| Cash Advance Fee | 2.5% |
| Late Payment Fee | ₹750 |
| Over Limit Fee | ₹500 |
| Returned Payment Fee | ₹350 |
| Cash Withdrawal Fee | 2% |
Renewal Conditions:Lifetime free — no renewal fee for primary card.
Fee Explanation Standard bank rates and RBI-prescribed norms apply for interest on overdue amounts and cash advances.
Detailed Explanation of SBM GILD VISA Credit Card Fees
Joining Fee: 0 (one-time)
No joining fee for GILD FD-backed cards.
Annual Fee: 0 (yearly)
Lifetime free — no renewal fee.
Cash Advance Fee: 2.5% (transaction)
Minimum ₹300 per withdrawal; interest and charges apply.
Insurance Coverage with SBM GILD VISA Credit Card
Nil / Not standard
N/ANo explicit travel or purchase protection advertised for the GILD secured card in official product pages.
Additional Features of SBM GILD VISA Credit Card
Contactless Payments
Tap-to-pay enabled for contactless POS transactions
Instant Virtual Card
Virtual card available immediately after FD creation and KYC, usable for online payments
Welcome Bonus with SBM GILD VISA Credit Card
Welcome Bonus: ₹200 worth of digital gold
Bonus Conditions: Valid for new customers who open the FD-backed Gild account and activate the card; T&Cs apply.
Application Process for SBM GILD VISA Credit Card
Processing Time
Instant virtual card on approval; physical card dispatched within 7–10 business days.
Online Application
Available
Instant Approval
Available
Step-by-Step Process
Open the SBM GILD fixed deposit via the partner app or SBM portal
Complete eKYC (PAN + Aadhaar) and accept product T&Cs
Choose FD amount and confirm FD-backed credit limit
Receive instant virtual card for online use; physical card dispatched within 7–10 days
Required Documents for SBM GILD VISA Credit Card
ID Proof
allAccepted documents:
Address Proof
allAccepted documents:
Income Proof
some casesAccepted documents:
SBM GILD VISA Credit Card Merchant Acceptance Network
Domestic Acceptance
Wide coverage across India where Visa is accepted
International Acceptance
Accepted globally at Visa-enabled merchants (subject to issuer limits)
Online Acceptance
Yes — instant virtual card supports e-commerce
Payment Technologies
Mobile Wallet Support:
Excluded Merchants
Eligibility Criteria for SBM GILD VISA Credit Card
Quick Eligibility Check
Minimum Age
18+
Credit Score
0+
Citizenship
Indian only
Income Requirements
Salaried Applicants
₹0
Minimum annual income
Self-Employed Applicants
₹0
Minimum annual income
Who Can Apply
Important Conditions
- Card issued against a fixed deposit (FD) with SBM Bank India; valid PAN and Aadhaar required for KYC.
How Approval Is Decided
- Create the required SBM GILD FD
- Indian resident with PAN and Aadhaar
- KYC and verification completed
Pros of SBM GILD VISA Credit Card
- No joining or annual fee — lifetime free
- FD-backed credit limit helps those with limited credit history
- Digital gold rewards are novel and easy to understand
Cons of SBM GILD VISA Credit Card
- Lower reward rate (base ~1%) compared with premium unsecured cards
- Limited premium benefits (no lounge access or travel insurance advertised)
- Rewards mechanics (digital gold) may be less flexible than cash or points
Frequently Asked Questions about SBM GILD VISA Credit Card
Is there a joining or annual fee for the SBM GILD VISA Credit Card?
No. The SBM GILD Visa is advertised as a lifetime free FD-backed card with no joining or renewal fees.
How do I get the GILD card?
Open the SBM GILD FD through the partner app/portal, complete KYC, and the virtual card is issued instantly; physical card follows after verification.
What is the welcome bonus?
Up to ₹200 worth of digital gold on first ₹5,000 spend (terms apply).
How are rewards credited?
Rewards are typically credited as digital gold equivalents or cashback and depend on partner arrangements — check the app for exact crediting rules.
Do I need income proof or a minimum credit score?
GILD is FD-backed so conventional income or credit-score barriers are minimal; primary requirements are PAN and Aadhaar and the FD creation.
Can I use the card internationally?
As a Visa card it should be accepted internationally for e-commerce and POS where Visa is accepted; check issuer limits and forex charges.
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