fintech
SBM ZET Credit Card
Annual Fee
Lifetime FreeBase Reward
15% points
Foreign Markup
2.49%
Product Highlights
- Lifetime Free
- Easy Application Process
- UPI-enabled RuPay Credit Card
- Earn Interest on Fixed Deposits Up to 7%
- Low Forex Charge of 2.4%
Merchant-Specific Rewards
Amazon Pay vouchers
Flat 5% cashback on Amazon Pay & Flipkart vouchers
Flipkart vouchers
Flat 5% cashback on Amazon Pay & Flipkart vouchers
Reward Calculator
Earns ₹2,400/year (net)
Modest gain. Solid hold if you like the perks.
₹13K
across all your buckets
₹2.4K
direct cashback
₹2.4K
via direct credit
Effective rate
1.54%
Annual fee
FREE
Year 1 net
+₹2,400
Year 2+ net
+₹2,400
ongoing
Adjust your spend by reward bucket
2 bucketsSurcharges & Exclusions
Watch-outs that quietly erode your effective rewards. Categories listed as “excluded” earn 0% even if the merchant looks normal.
Foreign exchange markup
2.49%Charged on every international (non-INR) transaction
Fuel surcharge waiver (good news)
1%Surcharges are typically charged 1 cycle after the transaction and may include GST. Always confirm with the bank's most recent T&C.
Rewards Details
Earn 5% rewards on Amazon, 8% rewards on Flipkart, 20% rewards on Myntra, and enjoy up to 20% off on Swiggy, Zomato, and BookMyShow.
Redemption
1 ZET Coin = ₹0.20 (for Cash Conversion). 1 ZET Coin = ₹0.25 (for Vouchers)
Benefits & Features
Up to 20% off on Swiggy, Zomato, and BookMyShow
Pros & Cons
Pros
- Lifetime free card
- No income proof required
- Quick credit building
- Link with UPI apps
Cons
- Minimum fixed deposit of ₹5,000 required
- Penalty of ₹499 if card is canceled within the first six months
Additional Info
Minimum fixed deposit of ₹5,000 required
Penalty of ₹499 if card is canceled within the first six months
Partner Merchants
Ready to apply?
Apply directly on the bank's official website. Quick approval, no hidden steps.
Apply NowOfficial bank website · Secure
Fees & Charges
Eligibility
Networks