Frequently Asked Questions
What is an FD Credit Card?
An FD credit card is a secured credit card that can be availed against a fixed deposit (FD). It works just like any other normal credit card.
Do I need to book a new FD to get Rupicard?
Yes, you need to book a new FD. The best part is that getting Rupicard is 100% guaranteed when you book your FD.
Is my FD safe?
Yes, your fixed deposit is totally safe and secure as it is booked with an RBI-approved bank.
Will I earn interest on my FD?
Yes, you will earn upto 8% p.a. interest on your FD.
How much credit limit will I get on booking FD?
Your Rupicard credit card limit will be 90% of your FD amount. The bigger your FD, the higher your credit limit.
Do I need to book an FD every month?
No, you just need to book an FD once, and your credit limit renews every month.
What is the eligibility for Rupicard FD credit card?
You just need to be above 18 years of age to apply for Rupicard.
Will I be charged any joining or annual fee?
No, there will be no joining fees or annual membership fee
Will there be any reward points?
Yes, you will get earn reward points on every transaction.