Suryodaya Small finance Bank
Stable Money – Suryoday Bank FD Backed Credit Card
An FD-backed RuPay credit card offered through Stable Money in partnership with Suryoday Small Finance Bank. It is designed for beginners, students, low-credit-score users, and people wanting a lifetime free secured credit card with cashback and UPI support.
Highlights
Main benefits
- Lifetime free FD-backed credit card
- No income proof required
- 0.5% cashback on spends
- UPI-enabled RuPay credit card
- Instant virtual card issuance
- Lounge access on Select variant
- FD continues earning interest
- Helps improve CIBIL score
- RuPay merchant offers included
Fees
Fees and charges
Joining fee
₹0
Renewal fee
₹0
Annual fee waiver
Not required because card is lifetime free.
Who can apply
Eligibility
- Indian resident
- Age generally 18–80 years
- FD required with Suryoday Bank through Stable Money
- No income proof needed
- No prior credit history required
- Minimum FD required:
RuPay Platinum: starts from around ₹1,000 FD
RuPay Select: around ₹1.15 lakh FD
Checklist
Documents required
- PAN Card
- Aadhaar Card
- Mobile number linked with Aadhaar
- Basic KYC documents
- FD creation through Stable Money app
Process
How to apply
1. Download the Stable Money app
2. Open/create FD with Suryoday Small Finance Bank
3. Complete online KYC/video KYC
4. Select RuPay credit card variant
5. Virtual card gets issued after approval
Value
Reward and cashback structure
Reward rate
0.5% cashback on eligible transactions,
Cashback capped at ₹3,000 per billing cycle.
Cashback
0.5% cashback on online, offline, and UPI spends.
Good fit
Pros
- Very easy approval process
- Suitable for beginners and students
- Good for improving credit history
- Cashback on UPI transactions
- Lounge access despite being secured card
- FD earns interest simultaneously
- Zero annual fee
Watchouts
Cons
- Credit limit depends on FD amount
- FD remains lien-marked until card closure
- Cashback rate is moderate
- Premium travel benefits are limited
- Lower reward value compared to premium unsecured cards
Related
Related cards
Compare
Compare Cards
| Field | Stable Money – Suryoday Bank FD Backed Credit Card | IDFC FIRST millennia credit card |
|---|---|---|
| Bank/provider | Suryodaya Small finance Bank | IDFC bank |
| Joining fee | ₹0 | 0 |
| Renewal fee | ₹0 | 0 |
| Best for |
| Online shopping, dining, everyday spending, and lifestyle rewards |
| Reward rate |
| Earn reward points on every spend with accelerated rewards on select categories and merchants |
| Cashback | 0.5% cashback on online, offline, and UPI spends | Earn reward points on spending instead of direct cashback benefits |
| Lounge access |
| Included railway lounge access on eligible transactions |
| Fuel surcharge waiver |
| 1% fuel surcharge waiver on eligible fuel transactions |
| Welcome benefit |
| Enjoy welcome offers and bonus rewards on eligible card activation and spending |
| Annual fee waiver condition | Not required because card is lifetime free | No joining fee and no annual fee for lifetime |
| Eligibility |
|
|
| Apply link | Apply Now | Apply Now |
Community Reviews
Reviews (0)
Add Your Review
Rating
800 characters left
Loading reviews...