SBM BankZET FD Credit Card
The SBM ZET Credit Card is a secured FD-backed RuPay credit card designed for credit builders, offering up to 20% discounts on Swiggy, Zomato, Instamart, and BookMyShow, 5% on Amazon/Flipkart vouchers, and 2% on ZET UPI spends with a monthly earning cap of 2,000 ZET Coins (worth ₹500).
Top Category Performance
Cashback (95/100)
Joining Fee
Free
Annual Fee
Free
Reward Rate (%)
0 – 20
8 pts/₹100 · ₹0.25/pt
Forex Markup
2.49%
Apply may use an affiliate link — we may earn a commission; this doesn't affect our data or ratings.
CardCheck Rating & Score
Our proprietary algorithm evaluates cards across reward value, fee fairness, lounge access and terms to provide an unbiased score.
Reward Power
35/35
Fee Value & ROI
25/25
Lounge & Perks
4/20
Forex & Access
14/20
Category Strengths Breakdown
Ranked by strongest spend categoryScoring Methodology: Evaluated deterministically using verified bank MITC filings, fee waiver spend ratios, reward percentage caps, and lounge agreements. No card receives sponsored score inflation. Learn how we score →
ZET FD Credit Card Benefits
ZET FD Credit Card Rewards
How you earn back on every swipe
cashback
Reward type
0% – 20%
Earn rate
8
Points / ₹100
₹0.25
Per point
₹500
Monthly cap
ZET FD Credit Card Fees & Charges
Programme fees we track below. Interest on cash withdrawals or revolving balances, late-payment slabs and other statutory charges are detailed in the official Most Important Terms and Conditions (MITC).
Lifetime Free card (FD starts at ₹2,000). ZET Plus membership costs ₹99 to unlock cashback rewards.
ZET FD Credit Card Lounge Access
Airport perks included with this card
0 per quarter
Domestic lounge visits
0 per year
International lounge visits
Things to Keep in Mind
- No income proof required
- No prior credit history required
- UPI cashback requires active ZET Plus subscription
Card Features
🎉 Zero Annual Fee — 100% Net Profit
ZET FD Credit Card has no recurring renewal charges. Every rupee of rewards and cashback you earn is pure profit with zero spend hurdles.
Tips & reviews
Community comments — not financial advice. Bank terms still apply.
ZET FD Credit Card Eligibility
Employment type
Pros & Cons
- Lifetime free card with guaranteed approval against FD
- Excellent option for building or improving credit score
- UPI rewards are better than most secured cards
- Earn interest on FD while using the credit card
- No income proof or prior credit history required
- Works seamlessly with major UPI apps
- Good discounts on food delivery and entertainment brands
- Fully digital onboarding and instant virtual card issuance
- Best cashback benefits require ZET Plus subscription
- Rewards are largely voucher and partner-brand focused
- No airport lounge access benefits
- Credit limit depends entirely on FD amount
- Cashback is paid in ZET Coins with redemption conditions
- Forex markup of around 2.49% is not competitive for international spends
- Not suitable for users seeking premium travel or lifestyle perks
Quick Links
Data last updated 4 Sept 2026
Top Alternatives in this Category
Highly rated alternatives evaluated by our deterministic scoring engine
Popular Comparisons for ZET FD Credit Card
Direct side-by-side MITC term matchups
ZET FD Credit Card vs ACE Credit Card
Axis Bank · ₹499
ZET FD Credit Card vs Adani One ICICI Bank Platinum Credit Card
ICICI Bank · ₹750
ZET FD Credit Card vs Airtel Axis Bank Credit Card
Axis Bank · ₹500
ZET FD Credit Card vs Amazon Pay ICICI Bank Credit Card
ICICI Bank · Free
ZET FD Credit Card vs American Express SmartEarn Credit Card
American Express · ₹495
ZET FD Credit Card vs AU Altura Plus Credit Card
AU Small Finance Bank · ₹499
Calculate your exact earnings with ZET FD Credit Card
Enter your monthly spending in groceries, dining, fuel, travel, and shopping to calculate your guaranteed net return after annual fees.
See CardCheck in your Google Search & AI results
Add as a preferred source to get our credit card updates first.