Skip to main content

Which is The Best Credit Card in India?

Credit cards are more than a petty piece of plastic, it helps you get instant funds for your expenses. And because of the amazing rewards and discount offers, credit cards become the user's first choice. But there are some of you who aren’t eligible to apply for a credit card because of bad credit history or low eligibility. For such individuals, the bank provides the best credit card in India, a card against the fixed deposit. Fixed deposits will act as collateral against your credit card limit. You must be wondering why there is a need for security? Well, credit cards as you know are an unsecured type of credit. For the people who have a poor credit score or do not even have a credit score, it is quite difficult to get a credit card. That’s why banks ask for the Fixed Deposit security against the credit card. This type of a credit card is a secured credit card. And the interest rate is also low compared to the unsecured credit cards. Read the article and find out which is the best credit card in India which is secured against an FD scheme.

SBI Unnati Credit Card

State Bank of India (SBI) is the largest public sector bank in the country and known for its banking products and best services. And SBI has also provided you the best credit card in India which is SBI Unnati card, this credit card can be applied against a minimum fixed deposit value of INR 25,000. If you have a fixed deposit account at any of the SBI branches, you are eligible for this best credit card in India. To opt for this card, you have to visit your bank branch and ask for an SBI Unnati card from the bank repressive. 

The credit limit on your SBI card is dependent on the value of your Fixed Deposit which ranges from 80 to 90% of the total FD amount. The advantage of this credit card is that you don’t have to pay any kind of annual or joining fee for it up to 4 years. After four years, you will have to pay a nominal fee of INR 499 +GST every anniversary year. Other than this, you will get a number of reward points and special offers on your best credit card in India SBI Unnati. 

  1. Get 1 reward point per INR 100 spent

  2. Milestone offer of INR 500 cashback if you achieve annual spend of INR 50,000 or more in just 15 days

  3. You can redeem the reward points for the gifts from the Rewards Catalogue.

  4. Get 1% fuel surcharge waiver for each transaction between INR 500 & INR 3000 on fuel refiling 

You can use your SBI Unnati Credit Card in over 24 million outlets across the world, including 3,25,000 merchant outlets in India. Use your best credit card in India to make payments at any outlet where Visa or MasterCard is accepted. Now make your daily purchases easy with SBI Unnati Credit Card. Just wave your card at a secure reader for fast & convenient payment. There is no need to hand over your card or enter the PIN number. This contactless transaction feature of your SBI card, significantly reduces the risk of card loss and fraudulent transactions due to counterfeit. With the unique security key feature of Visa payWave, the card will ensure that only one transaction goes through.
Labels:
Location: India

Comments

Post a Comment

Popular posts from this blog

How To Get an ICICI Credit Card Against a Fixed Deposit?

Since the inception of credit cards into the Indian market, more and more people are leaning towards having a credit card in their pockets. One of the main reasons behind this shift is the convenience and rewards a credit card provides to the customers. Also, individuals don’t need to provide any security against the credit card they get. However, if you are someone who has a poor credit score and wants to get a card, ICICI Credit Card can be a good option for you. Let us tell you why? Individuals can apply for this credit card from ICICI Bank against a fixed deposit.  ICICI Bank Instant Platinum credit card is one of the most popular secured credit cards that individuals can opt for without any worry. Here, secured means individuals cannot get their credit cards without having a fixed deposit in the bank. If you are someone who is struggling with a poor credit score and want to improve it over time, this secured ICICI credit card can be a good option for you. The only thing you n...
Post a Comment
Read more

Reasons Behind The Popularity of HSBC Credit Card That You Should Know

HSBC Bank is one of the prominent credit card providers popular among customers among several lenders in the market. In this article, we will talk about the reasons behind the popularity of  Advance Visa Platinum, which is one of the popular HSBC credit cards among customers. Apart from being a card loaded with special money saving and time savings features, there are several other reasons because of which it is the number one choice among customers. We are showing some of those reasons below. Please have a look. One of the biggest questions that a customer asks is about the Joining and Annual Fee that lenders charge on their credit cards. With the Advance Visa Platinum HSBC Credit Card , customers don’t need to pay any joining or annual fee. So you can have this card in your pocket without any second thought.  As you can see the ‘Advance’ word attached with this card, customers who maintain an overall relationship balance of INR 50,000 per quarter with HSBC Bank can have this...
Post a Comment
Read more

What Features Make Bank of Baroda Credit Card One of The Best in The Market?

Credit cards are one of the popular banking products among customers. But why? Well, there are many reasons behind the popularity. But one of the most prominent ones is the flexibility with which customers can easily repay the amount after an interest-free period. Some of the others are Reward Points, Cashback offers, Discounts on different categories, etc. There are several banks that provide credit cards to customers. Among them, the Bank of Baroda Credit Card is one of the popular ones. After its recent merger with Dena Bank and Vijaya Bank, Bank of Baroda has emerged as one of the most prominent banks of the country.     If you are someone who is looking to get a credit card that can suit your premium lifestyle, you should not look anywhere else than Bank of Baroda Premier Card. Reason: the way it provides reward points and cashback offers are literally unmatchable. In this article, we will tell you about the extraordinary features of the Bank of Baroda Credit C...
Post a Comment
Read more