Credit Cards · Honest Review

SBM Novio RuPay Credit Card

SBM Bank · RuPay

FREEAnnual fee
5.00%Base rate

Your Verdict

SBM Novio RuPay Credit Card
SBM Bank · RuPay
  • Lifetime free — no joining or annual fee
  • FD-backed secured card (minimum FD ₹5,000)
  • 5X Novio Coins on all UPI and card spends
  • 10X Novio Coins on fuel spends
  • Coins redeemable for brand vouchers via Novio app
Lifetime freeAnnual fee
₹0
Annual fee
5.00%
Base reward rate
None
Lounge access
Good
CIBIL score
The SBM Novio RuPay Credit Card is a lifetime-free, secured card backed by a fixed deposit (minimum ₹5,000) issued via SBM Bank in partnership with Novio. It earns 5X Novio Coins on all UPI and card transactions and 10X on fuel — ideal for those building credit history or who cannot qualify for mainstream cards.

What SBM Novio RuPay Credit Card costs you

SBM Novio RuPay Credit Card is a lifetime-free credit card — you pay zero joining fee and zero annual fee, ever. This makes it a zero-cost card for any spending level.

FeeAmount
Annual fee (year 2+)Free — ₹0
Joining fee (one-time)Free — ₹0
Foreign transaction fee (forex markup)Not disclosed / standard rates apply

What you earn on every rupee spent

SBM Novio RuPay Credit Card earns 5.00% on all eligible spends as a base reward rate, with accelerated rates on fuel and other bonus categories listed below. Each reward point is worth ₹0.25 when redeemed, giving a clear rupee value for your earnings.

CategoryReward rate
All other spends (base rate)5.00%
Fuel10%
10%
Fuel
Welcome bonus

Novio Coins on activation

Reward types: Points

Beyond the reward rate

The non-reward benefits on SBM Novio RuPay Credit Card are limited — the card's value proposition is primarily the reward rate structure.

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No lounge access
This card does not include airport lounge access.
No fuel surcharge waiver
Standard 1% surcharge applies at fuel pumps.

Who can apply for SBM Novio RuPay Credit Card

SBM Novio RuPay Credit Card does not have a published minimum income requirement. It is open to salaried and self-employed applicants.

RequirementDetail
Minimum monthly incomeNot specified
CIBIL scoreNot specified — clean history expected
Age range2160 years
Employment typeSalaried & self-employed
Typical approval time7–10 working days

Who should (and shouldn't) get SBM Novio RuPay Credit Card

✅ Best for
  • Heavy spenders on fuel who want 10% back
  • First-time cardholders who want zero-cost entry
⚠️ Not ideal for
  • Frequent flyers who need airport lounge access

SBM Novio RuPay Credit Card — Questions answered

Is SBM Novio RuPay Credit Card free for life?
Yes — SBM Novio RuPay Credit Card has zero annual fee and zero joining fee, making it a lifetime-free card. You will never be charged a renewal fee regardless of how much or how little you spend.
What is the minimum income required for SBM Novio RuPay Credit Card?
There is no officially stated minimum income requirement for SBM Novio RuPay Credit Card. A clean credit history and a satisfactory CIBIL score are the primary eligibility criteria.
What is the reward rate on SBM Novio RuPay Credit Card for fuel?
SBM Novio RuPay Credit Card earns 10% on fuel with no monthly cap. On all other spends, the base reward rate is 5.00%.
Does SBM Novio RuPay Credit Card provide airport lounge access?
SBM Novio RuPay Credit Card does not include airport lounge access as a standard benefit. If lounge access is a priority, consider upgrading to a premium variant or a dedicated travel card.
How long does it take to get SBM Novio RuPay Credit Card approved?
Most applications for SBM Novio RuPay Credit Card are processed within 7–10 working days. Pre-approved customers may receive instant digital approval. Physical card delivery typically takes 3–5 business days after approval.
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Information on this page is gathered from public sources and the card issuer's official website. Fees and reward rates may change — verify the current terms on the issuer's website before applying. SingleVerdict may earn a referral fee if you apply through our links, which does not affect our scoring or editorial decisions.