Why Suryoday’s FD-Backed Credit Card Could Be a Game-Changer for New Borrowers

Not everyone finds it easy to get approved for a credit card, especially if they’re just starting out or have a thin credit profile. Suryoday Small Finance Bank has stepped in with a smart solution — a credit card that’s linked directly to a fixed deposit. So how does it work? Instead of relying on your credit score, the bank uses your FD as security. This makes it easier to get approval while reducing the risk for the bank. You still get to earn interest on your deposit while enjoying the flexibility of a credit card. For new borrowers, students, or even salaried professionals who want to build a credit history, this product can be a stepping stone. Responsible usage over time can boost your creditworthiness and make you eligible for higher credit limits or unsecured cards in the future. The FD-backed card doesn’t just stop at basic access. It offers rewards, EMI conversion options, and purchase protection — features usually reserved for traditional credit cards. That means customers can enjoy both safety and convenience. In a world where managing credit wisely is crucial, Suryoday’s latest offering shows how innovation can make banking more inclusive. If you’ve been struggling to get your first card, this could be the opportunity you’ve been waiting for.