Suryoday SFB RuPay Select Credit Card (FD-backed)
Suryoday Small Finance Bank · Open to apply
A credit card against a Suryoday fixed deposit, on RuPay Select (for deposits above about ₹1.15 lakh). 0.5% cashback on eligible spends up to ₹3,000 a billing cycle, a ₹150 annual fee waived on ₹50,000 of annual spend (the bank also calls it lifetime-free), and RuPay Select offers such as lounge access, golf, spa, gym and health checks.
- Annual fee
- ₹150 + GST a year
- Joining fee
- None
- Fee waiver
- Annual fee waived on ₹50,000 spend per card year
- Base rate
- 0.5% cashback on eligible transactions: 0.5% cashback (about 0.5% at cash value)
- Lounges
- None on record
- Forex markup
- 2.5%
- Data
- From bank documents, checked 6 Nov 2026
Earns nothing on
- No cashback on wallet recharges, financial institutions, government, insurance, education, fuel, tolls, utilities, telecom (MCC 4814), rent and cash
Where the sources disagree
- annual fee: The listing and product page call the card "lifetime-free*" with T&C; the KFS and MITC state an annual fee of ₹150 plus GST, waived on annual spends of ₹50,000. We use the KFS and MITC.
- minimum deposit for the Select variant: The product page's comparison table says RuPay Select is for FDs above ₹1,15,000; the bank's press release of 2 Sep 2025 says a minimum of ₹1,11,500. We use the product page, the newer document.
Terms the calculator does not value
- The listing says the 0.5% cashback is "w.e.f 1-Aug" without a year, and publishes no earlier rate, so no dated earlier rule is entered.
- The lounge, golf, spa, gym, health-check and concierge benefits are RuPay Select programme offers with T&C the bank does not publish on the page; visit counts and limits are unknown, so no value is given to them.
- The deposit that backs the card earns the bank's FD interest (up to about 8.4% a year at launch); that interest is not part of the card's value. The deposit is lien-marked and can be set off against unpaid dues.
- Cashback exclusions for charities, railway and transport are listed by MCC but do not map cleanly to a spend category and are not entered; the late payment fee is 1% of the amount payable or ₹250 whichever is lower, which the schedule cannot express.
Sources
- Secured SSFB RuPay Select credit card page (overview, eligibility, offers, comparison table) (Product page, the bank's own, read 6 Nov 2026)
- Suryoday SFB RuPay Select Credit Card Key Fact Statement (cards issued from 26 May 2026) (Most important terms (MITC), the bank's own, read 6 Nov 2026)
- Suryoday SFB credit card MITC, Select (cards issued from 26 May 2026) (Most important terms (MITC), the bank's own, read 6 Nov 2026)
- Suryoday SFB credit card cashback FAQ (0.5%, ₹3,000 cap, excluded MCCs) (FAQ, the bank's own, read 6 Nov 2026)
- Suryoday SFB RuPay Select Credit Card Key Fact Statement (cards issued till 25 May 2026, version of 18 Dec 2025) (Most important terms (MITC), the bank's own, read 6 Nov 2026)
- Suryoday Small Finance Bank launches secured credit card backed by fixed deposits (press release, 2 Sep 2025) (Press release, the bank's own, read 6 Nov 2026)
- Suryoday SFB secured credit card policy FY26-27 v1.0 (Reward terms, the bank's own, read 6 Nov 2026)