SBM RupiCard VISA Credit Card
SBM Bank
Last updated: Feb 03, 2026
₹0
₹0
2.49%
No lounge access
Contents
SBM RupiCard is an FD-backed secured Visa credit card aimed at customers who want to build or rebuild credit while keeping costs low. The card typically has no joining or renewal fee and provides a straightforward reward mechanism suitable for low-to-moderate spenders. It is widely accepted at Visa merchants and is useful for those who prefer a secured path into credit.
Features of SBM RupiCard VISA Credit Card which makes it unique
Choose Your Credit Limit
Credit limit typically up to ~90% of FD value, allowing flexibility by topping up FD.
Control credit exposure
Common advantage among FD-backed secured cards
Rewards Structure of SBM RupiCard VISA Credit Card
Base Reward
baseAll retail spends (unless excluded by MITC)
Standard earn rate on most spends; points and redemption rules through Rupicard/SBM channels.
Fees & Charges of SBM RupiCard VISA Credit Card
| Fee & Amount | Fee Value |
|---|---|
| Joining Fee | 0 |
| Annual Fee | 0 |
| Forex Markup Fee | 2.49% |
| Cash Advance Fee | 0 |
| Late Payment Fee | ₹299 |
| Over Limit Fee | 0 |
| Returned Payment Fee | ₹350 |
| Cash Withdrawal Fee | 0% |
Renewal Conditions:Lifetime free (no published renewal/waiver conditions in SBM MITC).
Fee Explanation Standard MITC charges apply; cash advances and forex attract separate markups; interest on unpaid balances per MITC.
Detailed Explanation of SBM RupiCard VISA Credit Card Fees
Joining Fee: 0 (one-time)
No joining fee as per SBM/Rupicard MITC.
Annual Fee: 0 (yearly)
Lifetime free — no annual/renewal fee published.
Forex Markup: 2.49 (transaction)
Percent of transaction value; as per SBM MITC.
Cash Advance Fee: 2.5% (min ₹300) (transaction)
ATM cash withdrawal or cash advance attracts this charge.
Late Payment Fee: 299 (event)
Charged on delayed payments as per MITC.
Additional Features of SBM RupiCard VISA Credit Card
Secured By FD
Card is issued against a fixed deposit held with SBM Bank; FD acts as collateral.
Virtual Card
Instant virtual card facility available for online use on approval.
Credit Reporting
On-time payments reported to credit bureaus (helps build credit history).
Welcome Bonus with SBM RupiCard VISA Credit Card
Welcome Bonus: NA
Bonus Conditions: This is an FD-backed secured credit card — no separate welcome offer published by SBM/Rupicard.
Application Process for SBM RupiCard VISA Credit Card
Processing Time
Instant virtual card on approval; physical dispatch timelines vary per bank process.
Online Application
Available
Instant Approval
Available
Step-by-Step Process
Apply online via SBM/Rupicard partner portal or bank branch
Open or link a Fixed Deposit as per product minimum
Complete KYC and upload documents
Receive instant virtual card and wait for physical card dispatch
Required Documents for SBM RupiCard VISA Credit Card
ID Proof
allAccepted documents:
Address Proof
allAccepted documents:
FD Proof
allAccepted documents:
SBM RupiCard VISA Credit Card Merchant Acceptance Network
Domestic Acceptance
Wide coverage across India at Visa merchants
International Acceptance
Accepted globally at Visa merchants
Online Acceptance
Yes
Payment Technologies
Mobile Wallet Support:
Excluded Merchants
Eligibility Criteria for SBM RupiCard 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 is issued against an FD; minimum FD varies (from ₹5,000 upwards) and FD acts as security/collateral.
How Approval Is Decided
- Fixed deposit with SBM Bank (meets minimum FD requirement)
- Indian resident
- KYC completed
Pros of SBM RupiCard VISA Credit Card
- No joining or annual fee — lifetime free
- Simple reward structure (easy to understand)
- Good for building credit safely (FD collateral)
Cons of SBM RupiCard VISA Credit Card
- Limited premium benefits (no lounge access / travel benefits in base product)
- Lower reward value compared with mid-tier travel/rewards cards
- Cash advance and forex charges still apply
Frequently Asked Questions about SBM RupiCard VISA Credit Card
Is there a joining or annual fee for SBM RupiCard?
No — the base SBM RupiCard is lifetime free; SBM’s MITC lists no joining/annual fee for the FD-backed card. :contentReference[oaicite:2]{index=2}
How is the credit limit decided?
The credit limit is typically linked to your fixed deposit — commonly up to ~90% of the FD amount as per the product terms. :contentReference[oaicite:3]{index=3}
What is the reward earn rate?
Base earn is about 2 reward points per ₹100 spent on retail transactions (check your specific card variant MITC for exact rates). :contentReference[oaicite:4]{index=4}
Can I use the card internationally and what’s the forex fee?
Yes — Visa acceptance globally; forex markup is around 2.49% as published for Rupicard variants. :contentReference[oaicite:5]{index=5}
Will using this card help build my credit score?
Yes — the Rupicard product reports on-time payments to credit bureaus; using an FD-backed card responsibly helps establish or rebuild credit. :contentReference[oaicite:6]{index=6}
What is the minimum FD required to apply?
The minimum FD for Rupicard products is published from as low as ₹5,000 for some variants — check the specific SBM product page or branch. :contentReference[oaicite:7]{index=7}
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