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CredsirCredsir
Secured / FD-backedFirst cardLifetime free
SBI Card · RuPay

SBI Card Unnati

Issued against a fixed deposit — no income proof or credit history needed

2.0/5
Best for building credit history from zero
At a glance
Joining fee
Nil
Annual fee
Lifetime free
Effective return
0.5%
Forex markup
3.50%
Lounge access
0 domestic · 0 international
Min. income
Not required
Min. credit score
Any
Check your eligibility

On SBI Card’s secure site. Checking eligibility is a soft enquiry.

Our verdict

Not a rewards card and not meant to be. If you have no credit history — a student, a new earner, or someone rebuilding after a default — six months of on-time payments here is the cheapest route to a score that unlocks real cards.

How we scored it

Credsir rating
2.0/5
Rewards
0.5
Fees
5.0
Perks
0.0
Accessibility
5.0

Rewards carry 40% of the weight, perks 25%, fees 20% and accessibility 15%. The score is computed from the fields above, not assigned. See the full method on our methodology page.

What works, what does not

What works
  • No income or credit score requirement — backed by your own FD
  • Free for the first four years
  • Reports to bureaus, so it builds a genuine credit history
What does not
  • Requires locking up a fixed deposit
  • Very low reward rate
  • Credit limit capped at a share of the FD value

The full cost

ChargeAmount
Joining feeNil
Annual feeNil
GST on annual fee (18%)Nil
Total annual costNil
Fee waiver thresholdNo waiver offered
Forex markup3.50% + GST on the markup
Fuel surcharge waiverYes, 1% (capped)
Finance charge if you revolveTypically 3.5%/month — about 42% a year

Data as of 15 Aug 2026Source: sbicard.comPending issuer verification

Worth knowing.The 18% GST on the annual fee is the number most comparisons quietly omit. A ₹2,500 card actually costs ₹2,950 a year. Factor that in before deciding whether the rewards clear the bar.

Is the fee worth it for you?

Put in your actual spending. The calculator works out the net value after the fee and its GST — the number that decides whether this card pays you or costs you.

₹1,000₹50,000₹50 L
01.5%15
₹0₹2,500₹1 L
₹0₹2,500₹5 L
₹0₹0₹2 L
Net value per year (ongoing)
₹6,050
  • Rewards + perks75%
  • Fee25%
Annual spend
₹6,00,000
Rewards earned
₹9,000
Annual fee incl. 18% GST
₹2,950
Net value in year 1
₹8,550
Effective return on spend
1.01%
Monthly spend to break even
₹16,389

What this means.A genuine 1.01% return. Remember the GST on the annual fee — most comparisons forget it, and it is 18% on top of the sticker fee.

Compare with

Worth knowing.Effective reward rate is our own blended estimate for a typical spend mix — not the accelerated rate an issuer advertises on one category. Annual fees are shown before the 18% GST that is charged on top. Verify current terms on the issuer’s site before applying; card terms change without notice.