RechargeFox: Up to ₹1,500 Cashback on SBM Credilio RuPay Credit Card via Fixed Deposit

At a glance

RechargeFox is running a promotional flash sale for the SBM Credilio RuPay Credit Card. The advertised deal offers tiered cashback when opening a Fixed Deposit (FD) to secure the card: ₹600 cashback on a ₹2,000 FD or ₹1,500 cashback on a ₹5,000 FD. The underlying FD also earns 7% annual interest.

Quick facts

• Issuer / Partner: SBM Bank & Credilio
• FD Options & Cashback: ₹2,000 FD yields ₹600 cashback; ₹5,000 FD yields ₹1,500 cashback
• Credit Check: No CIBIL score or income proof required
• FD Interest Rate: 7% per annum
• Network: RuPay (supports UPI integration)
• Annual Fee: Lifetime Free (No joining or annual fee listed)

Product overview

The SBM Credilio RuPay Credit Card is a secured credit card backed by a Fixed Deposit. Because it is backed by collateral, approval does not require a prior credit score or income documentation, making it accessible to first-time credit applicants or those rebuilding credit. Being on the RuPay network, cardholders can link the card to UPI applications for everyday payments.

Why consider it

• Guaranteed Approval: Secured against FD without CIBIL score checks.
• Upfront Cashback Value: Cashback tier provides a strong initial return relative to the deposit amount.
• Dual Yield: Earns 7% interest on the underlying deposit while providing credit access and rewards.

Pros and cons

• Pros: Lifetime free card, RuPay UPI payment compatibility, high effective reward relative to initial deposit.
• Cons: Cashback terms require strict adherence to single-user/device policy; fulfillment depends on third-party verification.

Who should buy it

This offer is suited for users looking to build or repair their credit history, or those seeking a lifetime free RuPay credit card for UPI payments without undergoing income verification.

Final verdict

If you plan to open a secured FD-backed card anyway, the advertised ₹1,500 cashback on a ₹5,000 deposit offers substantial initial value. Ensure you carefully follow the onboarding steps and single-account terms on the landing page.