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 | HDFC Diners Club Black METAL Credit Card |
|---|---|---|
| Bank/provider | Suryodaya Small finance Bank | HDFC Bank |
| Joining fee | ₹0 | ₹10,000/- plus Applicable Taxes |
| Renewal fee | ₹0 | ₹10,000/- plus Applicable Taxes |
| Best for |
| Luxury travel, airport lounge access, and maximum reward points on high spending |
| Reward rate |
|
|
| Cashback | 0.5% cashback on online, offline, and UPI spends | Cashback redemption value: around ₹0.30 per point against statement balance |
| Lounge access |
| Unlimited lounge access to 1,300+ lounges in India and abroad for primary and add-on card members |
| Fuel surcharge waiver |
| 1% waiver at fuel stations across India on transactions above ₹400, with a maximum waiver of ₹1,000 per statement cycle |
| Welcome benefit |
| Annual memberships of Club Marriott, Amazon Prime and Swiggy One on 1.5 Lakh spends in first 90 days |
| Annual fee waiver condition | Not required because card is lifetime free | Spend ₹ 8 lakh in 12 Months and get Renewal Fee waived for next renewal year |
| Eligibility |
|
|
| Apply link | Apply | Apply |