RechargeFox: Up to ₹1,800 Cashback on SBM Credilio RuPay Credit Card via Fixed Deposit

At a glance

RechargeFox is advertising a flash-sale cashback campaign on the SBM Credilio RuPay credit card — a secured, lifetime-free card issued against a fixed deposit, so no credit score or income proof is required. The campaign page confirms the offer structure: ₹600 cashback on a ₹2,000 FD, ₹1,500 on a ₹5,000 FD, and ₹1,800 on a ₹25,000 FD. The cashback is paid by RechargeFox as a referral-style reward, not by the bank, and is subject to their verification terms. Treat the cashback figures as advertised on the campaign page rather than guaranteed.

Quick facts

• Product: SBM Credilio RuPay credit card (secured, FD-backed)
• Cashback: ₹600 (₹2,000 FD), ₹1,500 (₹5,000 FD), ₹1,800 (₹25,000 FD)
• Card fee: No joining fee, no annual fee (lifetime free)
• FD interest: 7% per annum, per the campaign page
• Eligibility: No credit score or income proof required; video KYC needed
• Process: Register, select the SBM Credilio card, choose FD amount, complete FD payment and VKYC
• Limit: One offer per user/UPI ID/IP/device

Product overview

This is a secured credit card: you open a fixed deposit with SBM Bank through the Credilio app flow, and your credit limit is backed by that deposit. Because the FD is collateral, approval does not depend on your CIBIL score or income documents — video KYC is the main verification step. The campaign page says the card is lifetime free, earns non-expiring rewards (5x on most UPI/POS spends, 10x on fuel via UPI, with 5 coins = ₹1), pays 7% interest on the FD, and allows cash withdrawal of up to 50% of the FD amount. Using and repaying the card can also help build a credit history over time.

Reasons to consider

• The FD-backed structure makes it accessible if you have no credit score or a thin file.
• The advertised cashback (₹600–₹1,800) is a meaningful effective bonus on a small deposit — ₹1,500 back on a ₹5,000 FD is a large reward relative to the deposit if it pays out.
• Your deposit isn't spent: it stays as an FD earning 7% interest while also securing your credit limit.
• Lifetime-free pricing removes the usual annual-fee risk of trying a new card.
• RuPay on UPI support means the card can be used for everyday UPI payments.

Pros and cons

Pros

• No credit score or income proof required
• Lifetime free — no joining or annual fee
• FD earns 7% interest and backs the credit limit
• Advertised cashback tiers confirmed on the campaign page

Cons

• Cashback is paid by RechargeFox, not the bank, and can be rejected if their checks flag duplicate or suspicious activity
• Your money is locked in a fixed deposit to keep the card active
• Advertised extra perks (merchant offers, reward rates) are promotional claims; card-network offers change frequently
• RechargeFox reserves the right to withhold the reward, so it is not guaranteed

Buyer fit

Worth a look if you want a first credit card to start building a credit score, can't qualify for an unsecured card, or are comfortable parking ₹2,000–₹25,000 in an FD for a lifetime-free RuPay card with a potentially large sign-up reward. Skip it if you need the deposit money liquid, or if you're counting on the cashback being paid without dispute — it depends on RechargeFox's verification.

Final verdict

The campaign is real and currently live on RechargeFox, and the page matches the advertised cashback tiers. The underlying product — a lifetime-free, FD-backed RuPay card with no credit-score requirement — is a legitimate way to get into the credit system, and 7% FD interest sweetens the deal. The catch is that the headline cashback is a platform reward subject to strict one-per-user and anti-fraud terms, so apply only if the card itself is worth having even without the bonus. If the cashback lands, it's a strong offer; if it doesn't, you're left with a decent secured card and a locked FD.