Niyo SBM Secured Credit Card
78/100
·
FREE
•••• •••• •••• ••••
CARD HOLDER
YOUR NAME
EXPIRES
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SBM Bank
Niyo SBM Secured Credit Card
VISA
LIFETIME FREE
Secured
VISA
Niyo SBM Secured Credit Card
by SBM Bank · Data verified 2 days ago
Lifetime-free secured credit card backed by FD, 0% forex markup, credit limit up to 90% of deposit, managed via Niyo app.
78
Score
Based on rewards, fees, benefits & eligibility
FREE
Fee
Waiver available on spending
10
Reward Pts
Base earn rate (per transaction slab)
0.00%
Cashback
On eligible transactions
10 RP Earn
base reward rate
No Lounges
complimentary
Lifetime FREE
waiver available
78/100
CardSahayak rating
Reward Calculator
How Much Can You Earn?
Calculate your potential rewards with this card
₹
/month
₹10,000
₹5,00,000
Your Annual Benefits
Reward Points
pts
₹
Net Annual Value
You save per year!
What's Great
- Completely lifetime free with zero joining and zero annual fees
- Zero forex markup on all international transactions \u2014 unmatched for global travel and SaaS payments
- 100% approval backed by Fixed Deposit with no credit history or income proof required
- Fixed deposit earns up to 7.00% p.a. interest while securing 90% credit limit
- Up to 3 free international ATM cash withdrawals per quarter worldwide
- Instant virtual card issuance and complete in-app card controls via Niyo Global app
Things to Consider
- Requires minimum Fixed Deposit of ₹5,000 with SBM Bank India
- Credit limit strictly capped at 90% of FD deposit balance
- Airport lounge access requires achieving ₹1.2 Lakh in international spends
- SBM Bank maintains a limited physical branch presence in India
About This Card
The Niyo SBM Secured Credit Card is a lifetime-free credit card backed by a fixed deposit with SBM Bank. It is ideal for individuals new to credit or those looking to build/rebuild their credit score. The card offers zero forex markup on international transactions, credit limit of 90% of the FD amount, and the underlying deposit continues to earn up to 7% p.a. interest. The entire process is managed digitally via the Niyo app.
Annual Fee
FREE
Joining Fee
FREE
Other Charges
Interest Rate (APR)
Monthly on outstanding balance
2.99% - 3.50%
Foreign Transaction Fee
Markup on international txns
0.00%
Fuel Surcharge Waiver
Save on fuel transactions
Up to ₹100/mo
Interest-Free Period
On new purchases if paid in full
Up to 45 days
Cash Advance Fee
Fee for cash withdrawal from ATM
2.5% of amount or Rs.500, whichever is higher
Late Payment Fee
Charged if minimum due not paid on time
₹150
Card Replacement Fee
Fee for lost or damaged card replacement
200
10
Reward Pts
₹0.10
Point Value
0.00%
Cashback
Welcome Bonus
No Welcome Bonus
Milestone Rewards
Reward Earning by Category
| Category | Reward Rate | Details |
|---|---|---|
| General Spends | 1 pts/₹100 | Niyo Coins earned on domestic and international spends |
Point Value: 1 point = ₹0.10
|
Redemption Fee: ₹0 + GST per request
Int'l Lounges
1 per year
Fuel Savings
₹100/mo
Lost Card Cover
₹0
Add-On Card
Free
Dining
- •Earn reward points on dining transactions
Shopping
- •Reward points earned on all eligible purchases
- •Contactless (tap-and-pay) enabled
Travel
- •Zero foreign currency markup (0% forex) on all overseas transactions
- •1 complimentary domestic airport lounge visit per quarter (4 per year)
- •3 complimentary international ATM withdrawals per calendar quarter
- •Accepted across 150+ countries worldwide on Visa network
Special Offers & Features
- •Lifetime Free credit card with zero joining fee and zero annual fee
- •Zero forex markup on all international transactions worldwide
- •Credit limit up to 90% of Fixed Deposit (FD) amount
- •FD continues to earn high interest up to 7% to 8% p.a. while card is active
- •3 free international ATM withdrawals per calendar quarter
- •1 complimentary domestic airport lounge access per quarter (4 per year) at select airports
- •100% digital onboarding with no CIBIL score or income proof required
EMI Options
- •EMI conversion on eligible purchases
- •Tenure: 3, 6, 9, 12 months
Card Features
Contactless
✓ Yes
Virtual Card
✓ Yes
International
✓ Yes
Material
Plastic
78
out of 100
CardSahayak Score
"Apply Now" takes you to SBM Bank's official website.
Eligibility
Salaried
₹0/mo
Self-Employed
₹0/mo
Age
18-65 yrs
CIBIL
0+
Employment
Salaried, Self-Employed, Student
Card Variant
Secured
Scores
Rewards
33/100
Fees
100/100
Benefits
30/100
Access
100/100
1 Active Offer
Deals & Offers
Exclusive offers available on Niyo SBM Secured Credit Card
Niyo Global
Save 3.5% + GST on every foreign transaction worldwide with true zero forex markup.
Till 31 Dec 2026
travel
Discount
Zero Forex Markup
Min Spend
₹0
Max Savings
Unlimited
Valid Until
31 Dec 2026
How to Avail
Transact in any foreign currency online or at POS terminals worldwide.
Terms & Conditions
Zero forex markup fee applied automatically at exact live Visa exchange rates.
❓ FAQ
Frequently Asked Questions
Everything you need to know about Niyo SBM Secured Credit Card
To be eligible, you need:
- • Min age: 18 years
- • Salaried: No minimum income (Secured against Fixed Deposit)
- • Self-employed: No minimum income (Secured against Fixed Deposit)
- • CIBIL: No credit history required (FD-backed)
Niyo SBM Secured Credit Card comes with zero annual fee — completely free for life!
You earn 10 reward points per eligible transaction. Each point is worth approximately ₹0.10.
Welcome bonus: No Welcome Bonus on activation!
Redeem for flights, hotels, vouchers via SBM Bank rewards portal.
Yes! Complimentary lounge access:
- ✓ International: 1 per year
- → Complimentary airport lounge access available at select international terminal lounges
- → Requires meeting spend milestone of ₹1,20,000 in international transactions
- → Up to 3 free international ATM cash withdrawals per calendar quarter
- • Instant: Pre-approved SBM Bank customers
- • 24-48 hrs: New customers with documents
- • Delivery: 7-10 working days
Ready to Get Started?
Apply for Niyo SBM Secured Credit Card today and unlock amazing rewards and premium experiences.
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What Users Say
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