Synopsis: SBM Bank’s fintech card ecosystem blends everyday rewards with global spending convenience, offering a simple and modern way to manage payments, savings, and international transactions.
SBM Bank has quietly become one of the most popular entry points into modern credit and global banking in India through its fintech partnerships. By combining fixed deposit-backed credit cards and smart digital debit solutions, it has opened doors for users who may not have a credit history but still want access to rewards, savings, and international spending features. Designed for students, beginners, and digital-first users, these cards focus on making everyday payments more rewarding and global transactions more seamless without the usual banking complexity.
1. SBM ZET Credit Card
- FD Requirement: The minimum FD starts from around ₹2,000 and is a FD-backed secured credit card
- Benefits:
- Flat 2% cashback on ZET UPI payments (only for Plus subscribers)
- Flat 5% cashback on Amazon & Flipkart vouchers
- Up to 15% cashback on 80+ brand vouchers
- Up to 20% off on partner platforms like Swiggy, Zomato, Instamart, BookMyShow, etc. (max discount ₹100, once per month per partner)
- Cashback can be converted to cash and transferred to bank account
- FD earns up to 7% annual interest
- 90% of FD amount as credit limit
- Up to 45 days interest-free credit period
- No income proof or credit history required for application
To apply for the card, please visit the Official Website
2. SBM Novio RuPay Credit Card
- FD Requirement: Starts from ₹2,000 (FD-backed secured credit card, varies by variant and bank offer)
- Benefits:
- 5% Novio Coins on UPI transactions and store (offline) spends
- 10% Novio Coins on fuel purchases
- Buy 1 Get 1 offer on BookMyShow
- 5% off on Amazon
- 10% off on Zepto (₹50 max per transaction, ₹499+ orders, 3 times/month)
- 20% off on Swiggy
- Welcome benefits on HPCL, Yatra, and Ajio (₹2,000 spend within 30 days)
- Effective savings via redemption up to 18% (campaign-based offers)
- FD earns up to 7% annual interest
- Credit limit up to 90% of FD amount
- Up to 45 days interest-free credit period
- Instant virtual card after FD creation (physical card available at 10,000 FD)
To apply for the card, please visit the Official Website
3. SBM Niyo Global Card
- Type: Debit card linked to a SBM Bank savings account (not FD-backed credit card).
- Benefits:
- Zero forex markup on international transactions (only Visa exchange rate applies)
- Load INR and spend globally in 100+ currencies
- High-interest savings account earning up to 7% p.a. (monthly payouts)
- Accepted across the Visa network globally (online + offline payments)
- Virtual card available instantly after account opening
- Physical card available after minimum ₹5,000 funding requirement (as per onboarding rules)
- Real-time exchange rates inside the app
- ATM locator for international withdrawals
- 24×7 in-app customer support with instant card controls (lock/unlock)
- Complimentary airport lounge access (subject to conditions)
To apply for the card, please visit the Official Website
SBM Cards Comparison
Best SBM Card by Spend
- For cashback and UPI usage, the SBM ZET Credit Card is the best option as it offers direct cashback on UPI spends along with strong voucher-based rewards, making it suitable for users who prefer simple and straightforward savings on everyday transactions.
- For food delivery, fuel savings, and everyday lifestyle discounts, the SBM Novio RuPay Credit Card is more suitable because it provides Novio Coins and partner-based offers across major categories such as Swiggy, Zepto, Amazon, and fuel stations, making it ideal for regular daily spending.
- For international travel and global spending, the SBM Niyo Global Card is the ideal choice since it comes with zero forex markup and allows seamless usage abroad, helping users save on currency conversion charges while spending globally.
