Research coverage — 14/16 categories
SBM Bank · RuPay
SBM novio Credit Card (by Credilio)
Best forFuel & Groceries
Earns10 novio Coins/₹100 on fuel — only via UPI (card POS earns 1 coin/₹100)
1st Year / Joining Fee
₹0
Renewal Fee
₹0
From 23 Oct 2026: ₹299 / ₹499 + GST
Fee waiver
None
Network
RuPay
SBM Bank
SBM novio Credit Card (by Credilio)
RuPayWhy this card may suit you
Based on the card's verified terms.
- Best suited to spending on fuel and groceries, where it earns 10 novio Coins/₹100, only via UPI (card POS earns 1 coin/₹100)
How you earn
Reward rates at a glance — exactly as recorded for this card.
FuelOnly via UPI (card POS earns 1 coin/₹100)10 novio Coins/₹100
Groceries5 novio Coins/₹100
Dining5 novio Coins/₹100
Food Delivery5 novio Coins/₹100
Shopping5 novio Coins/₹100
All 16 reward categories · 14 of 16 categories verified
| Category | Rate | Cap | Condition |
|---|---|---|---|
| Rent | No reward | — | —Details
|
| Education | — | — | Partially verifiedDetails
|
| Insurance | No reward | — | —Details
|
| Utilities | No reward | — | —Details
|
| Fuel | 10 novio Coins/₹100 | 400 novio Coins per month | Only via UPI (card POS earns 1 coin/₹100)Details
|
| Groceries | 5 novio Coins/₹100 | — | 5 novio Coins/₹100 (1.00% net at ₹0.20/coin) on "Others" spendDetails
|
| Dining | 5 novio Coins/₹100 | — | 5 novio Coins/₹100 (1.00% net at ₹0.20/coin) on "Others" spendDetails
|
| Food Delivery | 5 novio Coins/₹100 | — | 5 novio Coins/₹100 (1.00% net at ₹0.20/coin) on "Others" spendDetails
|
| Shopping | 5 novio Coins/₹100 | — | 5 novio Coins/₹100 (1.00% net at ₹0.20/coin) on "Others" spendDetails
|
| Travel | 5 novio Coins/₹100 | — | 5 novio Coins/₹100 (1.00% net at ₹0.20/coin) on "Others" spendDetails
|
| Government | No reward | — | —Details
|
| Wallet | No reward | — | —Details
|
| Railways | No reward | — | —Details
|
| FASTag | — | — | Research pendingDetails
|
| Jewellery | 5 novio Coins/₹100 | — | 5 novio Coins/₹100 on "Others" spendDetails
|
| Telecom | No reward | — | —Details
|
“—” means not established. “Research pending” is not zero: it means DhanChakshu has not finished verifying that category, so it is not counted.
Cost & caps
What it costs to hold, and where rewards stop.
1st Year / Joining Fee
₹0
Renewal Fee
₹0
From 23 Oct 2026: annual fee ₹299 + GST (virtual cards) / ₹499 + GST (physical cards); waived if spends in the preceding year are ₹50,000 or more
Fee waiver
None
Reward caps
- Fuel via UPI — 400 novio Coins / month (per category — Fuel)
- Fuel via card POS — 40 novio Coins / month (per category — Fuel)
Key benefits
Rewards
10 novio Coins/₹100 on fuel — only via UPI (card POS earns 1 coin/₹100)
Foreign-currency markup
2.49% foreign-currency markup — Charged on the transaction amount of every foreign-currency transaction (novio)
Important to know
Limits and exclusions that change what you earn.
- From 23 Oct 2026: annual fee ₹299 + GST (virtual cards) / ₹499 + GST (physical cards); waived if spends in the preceding year are ₹50,000 or more
- Fuel via UPI rewards are capped at 400 novio Coins / month (per category — Fuel)
- Fuel via card POS rewards are capped at 40 novio Coins / month (per category — Fuel)
- No reward on: Rent, Insurance, Utilities, Government +3 more
- Partially verified: Education
- Research pending: FASTag — not counted
Who should consider this card
✓ Good fit if
- Your spending is concentrated in fuel, groceries, dining
△ Less useful if
- Much of your spending is in rent, insurance, utilities, which earn nothing
Full details
Everything else, expanded on demand.
Caps & exclusions · 2 caps · 7 no-reward categories
Caps
- Fuel via UPI — 400 novio Coins / month (per category — Fuel)
- Fuel via card POS — 40 novio Coins / month (per category — Fuel)
Categories with no reward or not eligible
- Rent — No reward.
- Insurance — No reward.
- Utilities — No reward.
- Government — No reward.
- Wallet — No reward.
- Railways — No reward.
- Telecom — No reward.
Milestones · none recorded
No milestone benefit is recorded for this card.
Eligibility
Subject to SBM Bank's underwriting and eligibility criteria. See the issuer's terms for current requirements.
Specifications
- Payment network: RuPay
- Airport lounge: Not recorded by DhanChakshu — check the issuer terms
- Fuel surcharge waiver: Not recorded by DhanChakshu — check the issuer terms
- Foreign-currency markup: 2.49% foreign-currency markup — Charged on the transaction amount of every foreign-currency transaction (novio).
Reward points
- novio Coins do not expire; SBM / novio may change the expiry window with 30 days' prior notice.
- Coins can be redeemed only in the novio app, for items in the Rewards catalogue (vouchers at discounted rates that vary by brand); they cannot be redeemed for cash or credit.
- Coins are earned on every full ₹100 of an eligible transaction; any amount below ₹100 earns nothing, and coins are available in the app the next day.
- Unredeemed coins are forfeited if the card account is closed, and may be withheld or cancelled on default, suspension or suspected fraud.
Other fees and charges
- ATM withdrawal fee for novio: 2.5% of the amount withdrawn or ₹299, whichever is higher
- Physical card fee ₹0 for novio (virtual cards below ₹10,000 FD and physical cards of ₹10,000 FD or more)
- Card replacement fee ₹249 for novio
- Card renewal fee ₹0 for novio
- Card cancellation fee ₹599 if cancelled within one year of activation (novio), applicable until 22 Oct 2026
What DhanChakshu couldn't fully verify · 4 areas
4 areas need further verification. None of these are counted as zero.
- • Education — partially verified
- • FASTag — research pending
- • Lounge benefit — not recorded; check the issuer terms
- • Fuel surcharge waiver — not recorded; check the issuer terms
Sources & verification
Verification & sources · last checked 2026-10-07
Verification coverage: 14 of 16 categories verified · 2 still being verified
Card record last checked: 2026-10-07
Documents used
SBM novio Credit Card - Rupay Variant: Rewards Program Terms & Conditions · SBM-SRC-007 · 2026-10-07
SBM Secured Credit Card MITC & Cardholder Member Agreement · SBM-SRC-006 · 2026-10-07
SBM-SRC-002 · SBM-SRC-002