Not everyone gets approved for a credit card on the first try. Suryoday Small Finance Bank thinks it has the fix — a credit card linked to your fixed deposit (FD).
Instead of relying on your credit history (or the lack of it), the bank gives you a card against the money you’ve already locked in an FD.
What’s the big deal?
- No credit score? No problem. You can still get a card.
- Your FD earns interest while you swipe the card.
- Spending limit = FD amount (so no over-borrowing).
- A simple way to start building a credit profile.
Why does it matter?
India has millions of “new-to-credit” customers. For them, this card is a low-risk entry point — safe for the bank, empowering for the user.
Launch Timeline
Unveiled in August 2025.
Our Take
Suryoday SFB isn’t chasing rewards junkies or heavy spenders here. This card is more about access, inclusion, and credit discipline. Think of it as training wheels for your financial journey.