Mobikwik SBM First FD Credit Card: Welcome Benefits & Offers Up To ₹10,000

Unlock exciting benefits with the Mobikwik SBM First FD Credit Card, offering a range of welcome rewards, SuperCash earnings, and exclusive launch offers for new cardholders.

💳 Welcome Benefits

  • Accessible upon card activation.
  • Valid for three (03) months from the card activation date.
  • Enjoy exclusive discounts and offers from popular brands like Amazon Prime, Yatra, Boat, EazyDiner, Gaana, and more.
  • Post-activation, SBM Bank will send an email with details to access these welcome benefits.
  • Each offer has a defined validity period and cannot be extended once expired.

💸 Regular Benefits (SuperCash)

  • No minimum transaction value required for UPI transactions via other third-party apps.
  • 1 SuperCash = ₹1.
  • SuperCash can be redeemed for mobile recharges, bill payments, and gift card purchases on the MobiKwik app.
  • For gift card purchases, SuperCash redemption is capped at 10% of your total available SuperCash balance.
  • No cap on the number of redemptions or the SuperCash amount redeemed per transaction (except for gift cards).
  • SuperCash is not earned on reversed or refunded retail transactions.
  • Excluded categories for earning SuperCash include Dating, Gambling, Government Services, Tax Payments, Funding, Financial Institutions, and Real Estate.
  • SuperCash will be credited within 7 working days of credit card statement generation.
  • Unused SuperCash expires 3 months from the date of credit to your MobiKwik account.
  • SuperCash Usage Details:
    • Provides an instant discount on each transaction.
    • For recharge and bill payments, 1% (up to ₹10) of the transaction amount will be used from your SuperCash balance.
    • You can use up to ₹50 SuperCash on Recharge & Bill Payments (max ₹10 per month across all categories) in a calendar month.
    • Up to 5% SuperCash can be used on MobiKwik Gift Card purchases.
    • Users with OTP verified KYC can use SuperCash in 5 transactions per day. Minimum KYC users can use up to ₹50 SuperCash.
    • Cannot use SuperCash more than once a day on a single sub-category from Recharge and Bill Payments.
    • SuperCash usage is not applicable for transactions where Free Money or Bajaj Insta Credit Money is being used.
    • Option to use SuperCash on Credit Card bill payments is now available.

🏆 Limited-Time Launch Offer

  • Eligibility: All cards issued and activated between June 20, 2025, and July 15, 2025.
  • Campaign Period: Spends from June 20, 2025, till 11:59 PM on July 31, 2025, will be considered.
  • Minimum Spend: Cardholders must spend a minimum of ₹10,000 during the Campaign Period to be eligible for prizes.
  • Prizes:
    • The top 2 spenders will receive 1 smartphone each.
    • The next 100 spenders will receive 1 set of earbuds each (or equivalent).
  • Winner Announcement: Winners will be selected and announced by SBM Bank within 45 days of the Campaign Period end.
  • Certain spend categories are excluded from total spend calculation (similar to SuperCash exclusions).

💰 Fees & Charges

While the Membership Fee and Annual Maintenance Fee are ₹0, please note the following:

  • Physical Card Fee: ₹200 (plus GST).
  • Interest Rate for Cash Transactions: 3.5% per month or 42% per annum (no interest-free period).
  • Interest Rate for POS/ECOM (after credit-free period): 3.5% per month or 42% per annum.
  • Cash Transactions Fee / ATM Withdrawal Fee: 2.5% of amount withdrawn or ₹250 (whichever is higher, per transaction).
  • Physical Statement Fee: ₹100 per statement (0 free statements).
  • Late Payment Fee: 2.5% of outstanding or ₹200 (whichever is higher).
  • Card Replacement Fee: ₹200.
  • Card Cancellation: ₹200 (within six months of activation).
  • Surcharge Fee (Fuel Stations): 1% of transaction amount.
  • Forex Fee: 3.00% of transaction amount.

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