Secured SIB One Co-Branded Credit Card
South Indian Bank · Applications paused
The fixed-deposit-backed version of the SIB One card, "re-imagined for the Gen-Z" and for first-time users with no credit score: a lien is marked on a South Indian Bank fixed deposit, and the card is lifetime free with fully digital onboarding in the OneCard app. SIB has not published its own reward terms, deposit minimum or limit; new applications appear paused.
- Annual fee
- Lifetime free
- Joining fee
- None
- Lounges
- None on record
- Forex markup
- 1%
- Data
- Terms not entered, checked 6 Nov 2026
Terms the calculator does not value
- SIB publishes no reward terms, KFS or MITC for the secured card: its T&C (updated 2024-01-10) cover only the fixed deposit and lien, and the SIB One KFS, MITC and T&C name only the SIB One card. The card probably follows the SIB One rewards programme, but no SIB document says so, so no rewards are entered and the card's value is not modelled.
- SIB's EMI terms (w.e.f. 2024-01-10) foreclose EMIs and debit the account after 60 days past due for the Secured SIB One card, against 90 days for the unsecured card.
Sources
- Secured SIB One Co-Branded Credit Card product page (Product page, the bank's own, read 6 Nov 2026)
- Secured SIB One Co-Branded Credit Card Terms & Conditions (updated 2024-01-10) (Reward terms, the bank's own, read 6 Nov 2026)
- SIB One co-branded Credit Card Terms and Conditions, w.e.f. 2026-09-15 (Reward terms, the bank's own, read 6 Nov 2026)
- SIB One Co-Branded Credit Card EMI Terms and Conditions, w.e.f. 2024-01-10 (Reward terms, the bank's own, read 6 Nov 2026)
- SIB One Credit Card FAQ (PDF created 2026-10-19) (FAQ, the bank's own, read 6 Nov 2026)
- OneCard stops issuing new credit cards as RBI seeks clarifications from partner banks (Economic Times, 2025-12-06) (News, read 6 Nov 2026)