M16S / Suryoday Small Finance Bank / Suryoday SFB RuPay Select Credit Card
entry · cashback, secured, upi
Suryoday SFB RuPay Select Credit Card
The Suryoday SFB RuPay Select Credit Card costs Rs 150 a year, waived if you spend Rs 50,000 in a year. Its base return is 0.5% (0.5% cashback (w.e.f. 1 Aug)). The forex markup is 2.5%. Lounge visits in India: Complimentary lounge access advertised; count not stated by the bank. Read from the issuer's own documents on 11 Oct 2026.
- Annual fee
- Rs 150+ GST
- Fee waived at
- Rs 50,000annual spend
- Base return
- 0.5%
- Forex markup
- 2.5%
- Interest
- 2.95%a month
Apply on suryoday.bank.inOpens the bank’s own page.
Fees
| Joining fee | Free |
|---|---|
| Annual feeunverified | Rs 150 |
| Annual spend that waives the feeunverified | Rs 50,000 |
| Fee notes | KFS 'kfs-select-26-may': joining nil, annual Rs 150 waived on annual spend of Rs 50,000 or more, physical card Rs 499, replacement Rs 499. An older KFS shows joining Rs 150, annual Rs 150 waived if utilisation is at least 40% of limit, replacement Rs 750. Product page markets the card as lifetime-free*. |
Rewards
| Reward currency | Cashback |
|---|---|
| Base earn | 0.5% cashback (w.e.f. 1 Aug) |
| Base return | 0.5% |
| Point value | Cashback adjusted against next statement |
| Capsunverified | Rs 3,000 per billing cycle (press release, Sep 2025) |
| Spends that earn nothing | Not published; MITC says cashback applies at eligible merchant categories the bank may change |
| Reward notes | base_return_pct = 0.5% as stated on the bank page. No exclusion list published. |
Travel and perks
| Domestic loungeunverified | Complimentary lounge access advertised; count not stated by the bank |
|---|---|
| Lounge conditions | Only with the physical card (Rs 499 issuance fee) |
| Forex markup | 2.5% |
| Fuel surcharge waiver | 1% surcharge waived on fuel spend up to Rs 40,000 per calendar month, no single txn above Rs 8,000 |
| Other freebies | Select-only RuPay benefits per bank page: gym membership, spa and salon coupons, golf sessions, health check-ups; insurance and concierge; 100+ RuPay offers |
Charges and eligibility
| Interest per month | 2.95% |
|---|---|
| Late payment fee | 1% of amount payable or Rs 250, whichever is lower; 3-day grace |
| Cash advance fee | Up to 2.5%, min Rs 750; capped at 20% of credit limit |
| Eligibility | Age above 18 and below 80; resident individual; existing eligible FD with Suryoday SFB. No income proof. Select needs an FD above Rs 1,15,000 per product page (press release said Rs 1,11,500). |
| Fine-print notes | FD-backed: needs an un-liened, non-corporate, non-tax-saver FD with Suryoday; FD is lien-marked and may be liquidated if the account is overdue more than 60 days. Program manager is 42 Card Solutions Pvt Ltd. Minimum amount due 10%. Rent (MCC 6513) surcharge 1%, rent capped at 40% of limit per month. EMI at 18% a year, processing fee 3% or Rs 300. Limit as a percentage of FD is not published in the KFS or MITC. The bank keeps separate KFS/MITC sets for cards issued until 25 May 2026 and from 26 May 2026; the links on the product pages could not be resolved, so the documents were found by search and their mapping to issue date is inferred. 'Lifetime-free' on the product page conflicts with the Rs 150 annual fee in the KFS; treat the KFS as governing. |
Questions
- What is the annual fee of the Suryoday SFB RuPay Select Credit Card?
- Rs 150 a year, before GST. It is waived if you spend Rs 50,000 in a year.
- Does the Suryoday SFB RuPay Select Credit Card give airport lounge access?
- Yes. In India: Complimentary lounge access advertised; count not stated by the bank. Outside India: none listed. Conditions: Only with the physical card (Rs 499 issuance fee)
- What is the forex markup on the Suryoday SFB RuPay Select Credit Card?
- 2.5% of each foreign-currency transaction, before GST.
- Which spends earn no rewards on the Suryoday SFB RuPay Select Credit Card?
- Not published; MITC says cashback applies at eligible merchant categories the bank may change