Learn more about the Paisabazaar Step Up SBM Bank Credit Card and know how you can apply!
Paisabazaar Step Up SBM Bank is an Indian secured credit card that has no annual fee and offers easy approval. Its purpose is to help you boost your credit score, making it ideal for someone who is just starting their financial life or even recovering from bankruptcy. It also gives you the option to choose how much of a security deposit you want to put on the card – from Rs. 2,000 up to Rs.60,000 -, and provides a credit limit equivalent to 90% of the fixed deposit amount.
Along with all these advantages, this credit card has a reward program, allowing you to earn points for spending money with it, that can later be redeemed. In addition to that, you also get up to 50 days interest-free period.
What Are the Benefits of This Credit Card?
- Secured Credit Card;
- Helps Build Credit Score History;
- No Annual Fee;
- Get Up To 50 Days of Interest-Free Period;
- Instant Virtual Card Available;
- Easy Approval;
- Reward Points: earn 1 point on every Rs. 100 spent;
- Redemption of Reward Points: reward points can be adjusted against credit card bill (1 Reward Point = Rs. 0,25);
- Offers and Discounts from Rupay Partner Brands (like Zomato, Swiggy, Nykaa, BookMyShow, Big Basket, Lifestyle, Yatra, Croma, Reliance Digital and many more);
- No Credit Score Required;
- No Income Proof Required;
- Earn Up To 6.55% p.a. on Fixed Deposit;
- Card Limit Is 90% Of Fixed Deposit Amount;
- Increase Your Credit Card Limit Anytime: cardholders can deposit more and increase their initial credit card limit till Rs. 95,000.
How Do I Apply For The Paisabazaar Step Up SBM Bank Credit Card?
To apply for this credit card, you need access Paisabazaar website and click on the option: “Apply Now”. Then, you will be redirected to another page where you can download the app through the QR Code. During the application, you must provide any personal and financial information requested.