SBM Credilio RuPay Credit Card: Up to ₹1,300 Cashback on ₹5,000 FD via RechargeFox Offer

At a glance

A flash-sale style offer promotes the SBM Credilio RuPay credit card, a secured card issued against a fixed deposit. The offer page advertises cashback of ₹400–₹500 when you open a ₹2,000 FD, or ₹1,200–₹1,300 on a ₹5,000 FD, plus perks like BookMyShow Buy 1 Get 1 and reward coins on UPI spends. Important: this cashback is paid by the offer site after its own verification — it is not a confirmed bank payout, and it can be rejected for duplicate or suspicious registrations. Treat all headline numbers as advertised, not guaranteed.

Quick facts

• Card: SBM Credilio RuPay credit card (secured, FD-backed)
• Joining/annual fee: advertised as lifetime free
• Credit score: not required — approval is via fixed deposit
• FD options: ₹2,000 or ₹5,000, advertised to earn 7% interest
• Advertised cashback: ₹400–₹500 (₹2,000 FD) or ₹1,200–₹1,300 (₹5,000 FD)
• Cashback timing: after 5 working days, per the offer page
• Credit limit: linked to the FD amount; up to 50% cash withdrawal of FD
• KYC: video KYC required during application

Product overview

The Credilio RuPay card is a secured credit card: you create a fixed deposit with SBM Bank, and the card's limit is set against that deposit. Because the FD collateralises the card, no CIBIL score or credit history is needed, making it a common route for first-time borrowers building a credit profile. The RuPay network means it can be linked to UPI for QR payments. The offer page advertises reward coins on UPI and POS spends (5x, with 10x on fuel via UPI, where 5 coins = ₹1), monthly BookMyShow Buy 1 Get 1, and welcome vouchers. Separately, the source mentions the cashback may be payable as Blinkit, Zepto or JioMart gift cards depending on eligible reward options — the offer page itself describes it as cashback.

Reasons to consider

• No credit score requirement makes it accessible to students, first-jobbers, and those rebuilding credit.
• The FD keeps earning a advertised 7% interest while backing your credit limit, so the deposit is not a dead cost.
• Lifetime-free pricing means no annual fee pressure to justify.
• RuPay-on-UPI support lets you use a credit line at merchants that only accept UPI.
• If the advertised cashback pays out, a ₹5,000 FD returning ₹1,200–₹1,300 is a meaningful effective bonus.

Pros and cons

Pros

• Guaranteed-issue style product: FD replaces credit underwriting
• FD earns interest and unlocks 50% cash withdrawal facility
• UPI-linked credit card utility plus advertised merchant perks
• Helps build a credit history with regular use and repayment

Cons

• Cashback is paid by the offer site, not the bank, and its own terms allow rejection for duplicate IP/device/UPI registrations or suspected self-referral
• The ₹400–₹500 / ₹1,200–₹1,300 figures are advertised ranges, not confirmed amounts
• Your cash is locked in an FD; exiting early may affect the card
• Gift-card substitution for cashback is possible per the advertised terms
• One offer per user/UPI/device — any mismatch can void the reward

Buyer fit

This suits someone in India with no credit history (or a thin file) who has ₹2,000–₹5,000 spare to lock into an FD and wants a RuPay credit card mainly for UPI payments and credit building. It is a poor fit if you need the cashback guaranteed, cannot do video KYC, or might register multiple times — the offer's fraud terms are strict. Anyone already holding a Credilio/SBM secured card is unlikely to be eligible as a new applicant.

Final verdict

The underlying product — a lifetime-free, FD-backed RuPay card with no credit-score requirement — is a legitimate, useful category for building credit in India. The aggressive cashback headline, however, is paid by the offer site under terms that let it reject payouts, so treat it as a possible bonus rather than a reason to apply. If you want a secured card anyway and the FD amount is money you can park, this is worth considering; do not apply solely for the advertised cashback. Verify the current offer validity (the source cited 30 September) on the page before submitting details.