Welcome Benefits: Cardholder will get vouchers worth INR 5,000 from HP, Nykaa, Reliance Trends, etc.
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SBM Credilio Secured Credit Card
Rewards & Benefits
Welcome Benefits
Welcome Benefits: Cardholder will get vouchers worth INR 5,000 from HP, Nykaa, Reliance Trends, etc.
Milestone Benefits
None.
Cashback Rate
For every e-commerce/general transaction, users will earn 1 reward point for INR 100 spent.
Where 1 cashback point = INR 1.00.
General Cashback Rate: 1%.
Cardholders will get 5x reward points on POS transactions (credit card swipe machine transactions).
POS Cashback Rate: 5%.
Cardholders will get 10x reward points on fuel transaction made via credit card through UPI (max cashback in a month: INR 400).
Fuel UPI Cashback Rate: 10%
Movie Benefits
Buy one get movie ticket offer once a month on BookMyShow.
Dining Benefits
None.
Other Benefits
Lifetime free credit card.
Credit card is backed by a Fixed Deposit.
Offers on dining and shopping from Rupay from time to time.
Instant virtual credit card issuance.
Lounge Access
None.
Rewards & Benefits
Welcome Benefits
Welcome Benefits: Cardholder will get vouchers worth INR 5,000 from HP, Nykaa, Reliance Trends, etc.
Milestone Benefits
None.
Cashback Rate
For every e-commerce/general transaction, users will earn 1 reward point for INR 100 spent.
Where 1 cashback point = INR 1.00.
General Cashback Rate: 1%.
Cardholders will get 5x reward points on POS transactions (credit card swipe machine transactions).
POS Cashback Rate: 5%.
Cardholders will get 10x reward points on fuel transaction made via credit card through UPI (max cashback in a month: INR 400).
Fuel UPI Cashback Rate: 10%
Movie Benefits
Buy one get movie ticket offer once a month on BookMyShow.
Dining Benefits
None.
Other Benefits
Lifetime free credit card.
Credit card is backed by a Fixed Deposit.
Offers on dining and shopping from Rupay from time to time.
Instant virtual credit card issuance.
Lounge Access
None.
Fees & Charges of
SBM Credilio Secured Credit Card
Joining Fee
NIL
Annual Fee
Annual membership fee: INR 249
Cash Advance Fee
Cash advance fee: 299 INR per transaction.
Interest rate
Interest rate: 2.5% per month, 30% per annum.
Late Payment Fee
Late payment charges: INR 499
Foreign Currency Transactions Fee
Foreign currency markup fee: 2.49%
Other Fees
Fuel surcharge: 1%.
Joining Fee
NIL
Annual Fee
Annual membership fee: INR 249
Cash Advance Fee
2.5% or ?500 whichever is higher
Interest rate
Interest rate: 2.5% per month, 30% per annum.
Late Payment Fee
Late payment charges: INR 499
Foreign Currency Transactions Fee
Foreign currency markup fee: 2.49%
Other Fees
Fuel surcharge: 1%.
Fee and Charges of
SBM Credilio Secured Credit Card
Special Features
Users shall be required to create and maintain a fixed deposit of minimum Five Thousand (5,000)
with the Bank through the SBM Credilio mobile app.
Eligibility Criteria
1% cashback on all transactions.
Speical Feature, Eligibility and Benefits of
SBM Credilio Secured Credit Card
How to apply for Credit Card?
The SBM Credilio Secured Credit Card is a credit card issued against a fixed deposit (FD) with SBM Bank. Here's how to apply:
Download the SBM Credilio App: Download the app from the Google Play Store.
Create an FD: Open and maintain an SBM bank fixed deposit worth a minimum of Rs. 5,000 through the app.
Apply for the Credit Card: Within the app, you can apply for the SBM Credilio Credit Card.
Complete Video KYC: Undergo a video KYC process to verify your identity.
Receive your Card: Once approved, you'll receive your SBM Credilio Credit Card.
Contact Details
Tel No: +91 22 4007 1500
Email : customercare@sbmbank.co.in
Account Opening and Procedure of
SBM Credilio Secured Credit Card
Find Offers on Your Credit Card
Find Offers on Your Credit Card
The card is issued against a fixed deposit. The card offers 1% cashback on e-commerce and offline transactions. The card offers no notable value add feature.
The card is issued against a fixed deposit. The card offers 1% cashback on e-commerce and offline transactions. The card offers no notable value add feature.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai