SBM Rupicard Credit Card
Rewards & Benefits
Welcome Benefits
None
Milestone Benefits
Cashback Rate
Users will get 2 reward points for every Rs. 100 spent.
Value of 1 reward point = Rs. 0.25. General cashback rate: 0.50%.
Movie Benefits
Dining Benefits
Other Benefits
Users can use 90% credit limit of FD amount.
Lounge Access
Fees & Charges
Joining Fee
NIL
Annual Fee
Annual membership fee: NIL
Cash Advance Fee
Cash advance fee: 2.5% of the amount withdrawn or Rs 300 whichever is higher.
Interest rate
2.5% per month, 30% per annum.
Late Payment Fee
Late payment charges: INR 299
Foreign Currency Transactions Fee
Foreign currency markup fee: 2.49%
Other Fees
Fuel surcharge: 1%.
Cons
No welcome benefits.
Very limited benefits.
Reward System: Users can reward points for eligible POS and Ecom transactions. Users will get 2 reward points for every Rs. 100 spent. Reward points can be converted to cashbacks which will be adjusted against the next credit card statement’s total outstanding bill. Value of 1 reward point = Rs. 0.25. General cashback rate: 0.50%.
Users can use 90% credit limit of FD amount.
Rewards & Benifits
Welcome Benefits
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Rewards System
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International Forex Markup
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Welcome Benefits and Reward System
Special Features
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Eligibility Criteria
For availing the SBM Rupicard Credit Card, user shall be required to create and maintain a fixed deposit of minimum Five Thousand (5,000) with the Bank through the Rupicard mobile app.
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
Download the Rupicard App: Download the app from the Google Play Store or Apple App Store.
Create an FD: Open and maintain an SBM Bank fixed deposit (FD) worth a minimum of Rs. 5,000 through the app.
Apply for the Credit Card: Within the app, you can apply for the SBM Rupicard Credit Card.
Complete Video KYC: Undergo a video KYC process to verify your identity.
Receive your Card: Once approved, you'll receive your SBM Rupicard Credit Card.
Contact Details
Tel No: +91 22 4007 1500
Email : customercare@sbmbank.co.in
Account Opening and Procedure
Recommended Credit Cards
Pros:-
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Cons:-
Reward System: Users can reward points for eligible POS and Ecom transactions. Users will get 2 reward points for every Rs. 100 spent. Reward points can be converted to cashbacks which will be adjusted against the next credit card statement’s total outstanding bill. Value of 1 reward point = Rs. 0.25. General cashback rate: 0.50%.
Users can use 90% credit limit of FD amount.
No welcome benefits.
Very limited benefits.
The card offers a low cashback rate of 0.5%. The card offers very limited features.
The card offers a low cashback rate of 0.5%. The card offers very limited features.
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
Product Review
Fees & Charges
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Fuel Surcharge
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Billing Cycle
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