Magnet FD Credit Card by SBM Bank

Want to increase your CIBIL Score and get a guaranteed credit card?
Magnet FD Credit Card by SBM Bank gives you the best returns and helps you build a 750+ CIBIL Score!

Top benefits for you:
✅ Lifetime free credit card
💯 100% approval rate
🚫 No income proof required
📈 Up to 7% interest rate on FD
😍 Up to 10% rewards on vouchers from Amazon, Flipkart & more
🎁 Joining benefits worth over ₹21,000
💰 Use 90% of your FD amount as credit limit

Why choose Magnet FD Credit Card:
✔ 100% simple online process
✔ Fixed deposit is secured by RBI

Apply for Magnet FD Credit Card by downloading the ZET app now – https://wee.bnking.in/c/MzE1M2JmM

The Magnet FD Credit Card is a unique financial product offered by SBM Bank in collaboration with ZET.¹ It combines the features of a traditional fixed deposit (FD) with a credit card, providing a secure and rewarding way to build credit history and earn interest on your savings.²

Key Features of the Magnet FD Credit Card:

1. Secured by an FD:

• Your credit limit is directly linked to your FD amount, ensuring a secure and risk-free credit experience.³
• Your FD remains intact, earning interest as usual.⁴

2. Build Credit History:

• Responsible credit card usage with timely payments helps you establish a strong credit history.⁵
• This can positively impact your credit score, opening doors to future financial opportunities.⁶

3. Attractive Interest Rates:

• Earn competitive interest rates on your FD, maximizing your savings potential.⁷

4. Flexible Repayment Options:

• Enjoy the flexibility of choosing your preferred repayment tenure.
• Opt for convenient EMIs to manage your expenses effectively.

5. No Income Proof or Credit History Required:

• Even if you have no prior credit history or income proof, you can still apply for the Magnet FD Credit Card.⁸
• This makes it accessible to a wider range of individuals.

6. Lifetime Free:

• There are no annual fees or hidden charges associated with the Magnet FD Credit Card.⁹
• You can enjoy its benefits for a lifetime without any additional costs.¹⁰

7. Reward Points:

• Earn reward points on every purchase made with your Magnet FD Credit Card.¹¹
• These points can be redeemed for exciting rewards and discounts.¹²

How to Apply for the Magnet FD Credit Card:

1. Download the ZET App: Download the ZET app from the Google Play Store or Apple App Store.¹³
2. Create an Account: Sign up for a free ZET account.
3. Open an FD with SBM Bank: Create an FD with a minimum amount of ₹5,000 through the ZET app.¹⁴
4. Apply for the Magnet FD Credit Card: Complete the simple online application process within the app.

Benefits of Using the Magnet FD Credit Card:

• Financial Security: Your FD acts as collateral, ensuring a secure credit experience.¹⁵
• Credit Score Improvement: Responsible usage helps build a strong credit history.¹⁶
• Earn Interest on Savings: Your FD continues to earn interest while you enjoy credit facilities.¹⁷
• No Hidden Fees: No annual fees or hidden charges.¹⁸
• Reward Points: Earn rewards on every purchase.¹⁹
• Easy Application Process: A simple and convenient online application process.

Important Considerations:

• Credit Limit: Your credit limit is determined by the amount of your FD.²⁰
• Interest Rates: Interest rates may vary based on the FD tenure and bank policies.
• Terms and Conditions: It’s important to carefully review the terms and conditions before applying.

The Magnet FD Credit Card is an innovative financial product that offers a unique blend of security, flexibility, and rewards.²¹ It’s particularly beneficial for individuals who are looking to build their credit history, earn interest on their savings, and enjoy the convenience of a credit card without the associated risks.²²