SBM Bank credit cards: fees, rewards and eligibility compared

Truely Money lists 2 SBM Bank credit cards, including Niyo Global Secured Credit Card and SBM Kredit.Pe Credit Card.

Cards from the same bank can look alike but differ in what they reward. Compare each SBM Bank card on the annual fee and whether it is waived at a spending level, the reward rate on the categories you actually spend in, lounge access, and the income and credit score the issuer expects.

The cards below are listed with their own fees and reward rules, and you can add several to Compare to see them side by side. Truely Money does not take applications: when you choose a card, you apply on the bank's own website. For a personal ranking based on your monthly spend, use the Card Finder under Tools.

SBM Bank credit cards and their terms

Niyo Global Secured Credit Card (SBM Bank): no joining fee · no annual fee · base reward 1% of spend · lounge visits per year: 4 international. A zero forex markup, FD-backed credit card ideal for students and international travellers with no credit history. Perks: Zero forex markup on all international transactions; Up to 7% p.a. interest earned on the linked Fixed Deposit; Complimentary airport lounge access (domestic and international).
SBM Kredit.Pe Credit Card (SBM Bank India): no joining fee · annual fee ₹199 · base reward 3% of spend · forex markup 3.5%. An entry-level, FD-backed RuPay card that rewards UPI spends, ideal for building credit without needing income proofs. Perks: Guaranteed approval against a fixed deposit without income proof or CIBIL score checks; Credit limit up to 90% of your pledged SBM Bank Fixed Deposit amount; Earn 3% reward value on UPI and standard card spends.

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