ZET Credit Card
★ 4.0 / 5 ⓘ How we rateNo income proof needed — build your credit score with an FD-backed card
✅ Verified Oct 2026 from SBM Bank's official page →
✍️ Checked by Deepak Kumar, CardSwipe · updated Oct 2026
Why people love it
Students, first-time users and anyone rebuilding a low credit score
Key benefits
- Credit limit up to 90% of your SBM Bank fixed deposit (FD earns up to 7% interest)
- 5% cashback on Amazon Pay and Flipkart vouchers bought in the ZET app
- Up to 15% back on 80+ brand vouchers; up to 20% off Swiggy, Zomato, Instamart & BookMyShow
- 2% cashback on UPI payments with ZET Plus (₹49 – ₹99/month)
- Works on any UPI app as a RuPay credit card
- Cashback can be converted to cash and sent to your bank account
What's great
- No income proof or credit history needed
- Helps build a credit score
- Lifetime free
Good to know
- You must lock money in an FD
- 2% UPI cashback needs a paid ZET Plus plan
- Best rewards only through vouchers in the ZET app
- ₹499 fee if you close the card early
Quick facts
How to apply
Keep these ready
- 🪪 PAN card
- 🆔 Aadhaar (for e-KYC / video KYC)
- 📄 Income proof — salary slip or ITR (not needed for FD-backed cards)
Fees & charges (fine print)
| Interest on unpaid bill | 3.5%/month (42% p.a.) |
| Foreign currency markup | 2.49% |
| Cash withdrawal fee | 3.5% (min ₹300) |
| Late payment fee | As per SBM Bank MITC |
- 1% penalty on early FD closure
- ZET Plus: ₹49 – ₹99/month (optional)
- 18% GST applies on all fees
💡 Pay your full bill before the due date and you pay zero interest.
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❓ ZET — common questions
Is the ZET Credit Card lifetime free?
Yes. The ZET Credit Card has no joining fee and no annual fee.
What rewards does the ZET Credit Card give?
Up to 5% on vouchers, 2% on UPI. Credit limit up to 90% of your SBM Bank fixed deposit (FD earns up to 7% interest).
Who is eligible for the ZET Credit Card?
Minimum income: No income proof needed. Age: 18+ years. Credit score: Not required. Final approval is decided by the bank.
Does the ZET Credit Card give airport lounge access?
No, this card does not include airport lounge access.
What is the forex markup on the ZET Credit Card?
2.49% on foreign currency spends (plus GST).
Who should get the ZET Credit Card?
Students, first-time users and anyone rebuilding a low credit score.
Approval is at the bank's discretion. Check final terms on the bank's page before applying.