SBM bank
SBM MobiKwik FIRST FD Credit Card
An FD-backed RuPay credit card offered by SBM Bank India in partnership with MobiKwik. Designed mainly for beginners, students, and users without credit history. Provides cashback on UPI and online spends with guaranteed approval against fixed deposit.
Highlights
Main benefits
- Lifetime free FD-backed credit card
- Guaranteed approval against FD
- No income proof needed
- RuPay card with UPI support
- Cashback on UPI and online spends
- Helps build credit score
- FD continues earning interest
- Instant digital onboarding available
Fees
Fees and charges
Joining fee
₹0
Renewal fee
₹0
Annual fee waiver
Not applicable.
Who can apply
Eligibility
- Indian resident
- Age 18+
- No credit score required
- No income proof generally needed
- Fixed Deposit required for approval.
Checklist
Documents required
- PAN Card
- Aadhaar Card
- Aadhaar-linked mobile number
- Basic KYC documents
- FD creation with SBM Bank.
Process
How to apply
1. Open the MobiKwik app.
2. Navigate to FIRST FD Credit Card section.
3. Complete PAN and Aadhaar verification.
4. Create FD with SBM Bank.
5. Complete video KYC if required.
6. Virtual card gets issued after approval.
Value
Reward and cashback structure
Reward rate
Up to 5% cashback on UPI spends, Up to 10% SuperCash on selected spends and offers through MobiKwik ecosystem.
Cashback
Cashback generally credited as MobiKwik SuperCash/rewards, Best rewards usually available within MobiKwik ecosystem and partner merchants
Good fit
Pros
- Easy approval for beginners
- Suitable for users with no CIBIL history
- Good cashback structure for UPI users
- Lifetime free card
- UPI payments supported through RuPay
- Helps improve credit score
- Instant virtual card availability
Watchouts
Cons
- Rewards mainly tied to MobiKwik ecosystem
- Cashback often comes as SuperCash instead of direct statement credit
- Lounge access not included
- FD remains blocked until closure
- Premium travel benefits are limited
- Reward structures/offers may change frequently
Related
Related cards
कार्ड तुलना करें
कार्ड तुलना करें
| Field | SBM MobiKwik FIRST FD Credit Card | HDFC Diners Club Black METAL Credit Card |
|---|---|---|
| Bank/provider | SBM bank | HDFC Bank |
| जॉइनिंग फीस | ₹0 | ₹10,000/- plus Applicable Taxes |
| रिन्यूअल फीस | ₹0 | ₹10,000/- plus Applicable Taxes |
| Best for | Beginners building CIBIL score, UPI cashback users, Users without income proof, Students and first-time credit card users, FD-backed secured credit card seekers | Luxury travel, airport lounge access, and maximum reward points on high spending |
| रिवॉर्ड रेट | Up to 5% cashback on UPI spends, Up to 10% SuperCash on selected spends and offers through MobiKwik ecosystem |
|
| कैशबैक | Cashback generally credited as MobiKwik SuperCash/rewards, Best rewards usually available within MobiKwik ecosystem and partner merchants | Cashback redemption value: around ₹0.30 per point against statement balance |
| लाउंज एक्सेस | No Included airport lounge | Unlimited lounge access to 1,300+ lounges in India and abroad for primary and add-on card members |
| फ्यूल सरचार्ज छूट | No | 1% waiver at fuel stations across India on transactions above ₹400, with a maximum waiver of ₹1,000 per statement cycle |
| वेलकम बेनिफिट | Welcome benefits worth up to ₹10,000 through partner offers and SuperCash rewards | Annual memberships of Club Marriott, Amazon Prime and Swiggy One on 1.5 Lakh spends in first 90 days |
| वार्षिक फीस छूट | Not applicable | Spend ₹ 8 lakh in 12 Months and get Renewal Fee waived for next renewal year |
| योग्यता |
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| Apply link | सबमिट | सबमिट |