Top 5 FD-Backed Credit Cards for Building Credit and Earning Interest in 2026

Most banks require a good credit score to approve an FD credit card. However, if you have little to no credit history, a low credit score, or an unstable income, getting an FD credit card can be challenging. In such cases, FD-backed credit cards serve as a viable alternative. These cards are issued against a fixed deposit, reducing the risk for the bank and making it easier to get approved without needing income proof.

An FD (Fixed Deposit) credit card is a secured credit card that is issued against a fixed deposit you place with the bank. The FD acts as a safety net, allowing even individuals with limited credit history to obtain one without income verification. Typically, you can use around 80-90% of your FD as your credit limit, while your deposit continues to earn interest.

What are FD Credit Cards?

- Ideal for Beginners : It is perfect for students, freelancers, or anyone starting to build a credit score by making regular payments. - Instant Approval : Since it is secured by an FD, approval is immediate, with no income proof or detailed credit checks required. - Earnings Continuity : The collateral fixed deposit continues to earn interest for the holder. - Liquidity and Safety : It acts as a ready credit line, ensuring liquidity while keeping the safety of the FD intact. - Rewards and Benefits : Similar to regular credit cards, they offer rewards, cashback, and sometimes fuel benefits or lounge access. - International Spending : Some cards offer zero forex markup on international spending.

Top 5 FD Credit Cards Offering High Interest Rates

1. IDFC FIRST WOW Credit Card

This card allows your FD to earn around 6-7.25% annually and provides up to 100% of your FD as a credit limit, which is quite generous. It is lifetime free and stands out with features like zero forex markup on international spends, reward points on most transactions, fuel surcharge waiver, and personal accident cover, making it a strong all-rounder.

To apply for this card, please visit the Official Website.

2. Rupicard FD Credit Card

Rupicard offers up to 7% per annum on your FD, making it one of the higher-yield options among newer platforms. It is easy to get started with a low minimum FD (₹5,000) and provides around 90% credit limit, along with cashback-style rewards, app-based control, and a simple onboarding process, making it ideal for beginners.

3. SBM ZET Credit Card

This card is issued by SBM Bank India in partnership with ZET and is designed to make credit access simple, especially for beginners. Your FD earns up to 7% interest annually, and you can use around 90% of it as your credit limit. It is completely lifetime free, requires no income proof, and supports UPI payments with cashback and discounts on popular brands, making it a convenient option for everyday spending while building your credit score.

To apply for this card, please visit the Official Website.

4. Stable Money Suryoday Bank Credit Card

This card is backed by Suryoday Small Finance Bank and is known for offering relatively higher FD interest rates compared to most traditional banks, often going up to around 8.25%+ depending on the tenure. You can usually get a credit limit of about 85-90% of your FD, and the entire process is made simple through Stable Money’s app. Your money continues to earn better returns while you build your credit score, making it a practical choice if you want both growth and convenience.

To apply for this card, please visit the Official Website.

5. SBI Unnati Credit Card

Linked to SBI’s FD rates of 6-7% annually, this is a simple and trusted option, especially for first-time users. It offers fee waivers for the first few years, basic reward points, fuel surcharge waiver, wide acceptance across India, and easy upgrade options, helping you build your credit history without complications.

Conclusion

FD-backed credit cards can be a really helpful starting point if getting a regular credit card feels out of reach. The right card depends on what works best for you, whether that’s higher returns, a lower starting deposit, or simple, easy-to-use features. Used wisely, it’s not just a card but a stepping stone to building a strong credit history over time.