SBM Paisabazaar Paisa Plus Credit Card
1% eligible online card purchases at the lower FD tier, capped at 500 points/day; ₹500 cash-out minimum.
Try your spend →How this estimate works
FD-backed Paisa Plus. SBM’s card-specific reward sheet lists online spend at 1% cash points for cumulative FD ₹5,000–₹9,999 and 1.5% for FD ₹10,000 or more. The calculator conservatively assumes the lower FD tier and one eligible online card purchase per month: ₹1 = 1 cash point, one-day cap 500 points, monthly cap 3,000, and a ₹500 minimum for redemption to statement credit through Paisabazaar; annual points below 500 are given no redeemable cash value, and points expire after one year. Offline and UPI rewards are excluded from this model because UPI has a ₹2,000 threshold and the input does not establish that route. Fuel, EMI, wallets, ATM, jewellery, rent, utilities, education, government, gambling, games and lottery do not earn. SBM’s rewards sheet has a contradictory fee table saying annual fee 0, while the card-specific KFS and general secured-card MITC both say ₹499+GST renewal, waived only if ₹50,000 was spent before renewal. This model follows the KFS and MITC, deducting ₹499 plus estimated GST without assuming waiver. Joining fee nil; FD capital and foregone alternative yield excluded. Check eligibility, spend code and statement before relying on rewards.
Issuer terms
SBM secured cards listing · Paisa Plus reward sheet · Paisa Plus KFS and fees · SBM secured-card MITC
Terms checked 29 September 2026. Fee discrepancy is flagged above; verify your KFS and statement.