ZET 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).
Cashback Fit Score
95/100
Joining Fee
Free
Annual Fee
Free
Reward Rate (%)
0 – 20
Statement credit
Forex Markup
2.49%
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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
₹500
Monthly cap
₹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).
ZET FD Credit Card has no joining fee and no annual fee.
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
- 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 FAQs
What is the annual fee for ZET FD Credit Card?
The annual fee for ZET FD Credit Card is nil (no annual fee).
What is the joining fee for ZET FD Credit Card?
The one-time joining fee for ZET FD Credit Card is nil (no joining fee).
What are the rewards and benefits of ZET FD Credit Card?
ZET FD Credit Card earns direct cashback rewards credited to your statement. Reward rate ranges from 0% to 20%.
What lounge access benefits does ZET FD Credit Card provide?
ZET FD Credit Card does not include complimentary airport lounge access.
What is the eligibility criteria for ZET FD Credit Card?
To be eligible for ZET FD Credit Card, you need a minimum monthly income of ₹0.
What welcome and milestone benefits does the ZET FD Credit Card offer?
5% cashback on Amazon & Flipkart vouchers.
How do you earn rewards with the ZET FD Credit Card?
2% cashback on UPI transactions with ZET Plus membership. Up to 15% cashback across 80+ partner brands including Domino's, Nykaa, PVR & Cleartrip.
What discounts and extra perks come with the ZET FD Credit Card?
Up to 45-day interest-free credit period. Lifetime free FD-backed RuPay credit card with no joining or annual fee. Up to 20% discounts on Swiggy, Zomato, Instamart & BookMyShow offers.
What are the exclusions and limits on the ZET FD Credit Card?
UPI cashback requires active ZET Plus subscription.
ZET FD Credit Card Eligibility
To apply for ZET FD Credit Card you need to be aged 18 to 65.
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
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Calculate your exact earnings with ZET FD Credit Card
Enter your monthly spending in groceries, dining, fuel, travel, and shopping to calculate your estimated net return after fees, reward caps and exclusions.
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