Suryoday SFB RuPay Platinum
KeepHalf a percent on your own fixed deposit — and a fee that dies at ₹20,000 of spend.
a year at ₹40,000 a month, after the fee
Skip the arithmetic — the board, ranked → · nothing to sign up for
What it's worth to you, after the fee
Welcome: Not published — Suryoday states no welcome, activation or first-transaction benefit on this card
Priced on the everyday mix — 30% groceries · 10% utilities · 20% travel · 6% fuel · 34% everything else — with this card's published category rules applied: it earns nothing on utilities and travel and fuel here, so that spend is dropped, not paid at the headline, and stops pacing milestones and the waiver. Plus milestones, minus the fee. No accelerator credit — the ranking model on /compare adds ~20% of spend at the card's best accelerator, so its ₹ for this card reads higher.
How these numbers are computed — and why the rankings show a bigger one →
Spend tiers, milestones and fee waivers included, at our house ₹/point. Portal and category multipliers can push higher — run your exact number →
Breaks even only by erasing its fee at ₹3,000 a month
At ₹3,000 a month — ₹36,000 a year — on the everyday mix this card returns ₹100 gross (earn ₹100) against a fee of ₹0 — the ₹150 is waived, the spend having cleared ₹20,000 a year = ₹100 net — the first rung at or above ₹0. The ladder runs in ₹1,000 steps to ₹1,00,000 a month and ₹10,000 steps to ₹5,00,000; figures are rounded to the hundred, and the accelerator is never credited.
3 notes on the card itself: how it is issued · the network variants · why it ranks #404
Why #404 A secured cashback card ranked on the half-percent it actually pays, not on the lounge line its comparison table claims. Suryoday ticks "Flight Discounts & Lounge Access" for both its RuPay tiers and publishes no quota, no network and no lounge list anywhere in the KFS or the MITC — so this desk does not tag a lounge on it. What is sourced is 0.5% back, capped at ₹3,000 a billing cycle, on a card whose fee dies at ₹20,000 of spend.
The take
Suryoday's secured pair is the cleanest FD-backed proposition among the small finance banks, and it is honest about almost everything except the word "lifetime-free". You keep an un-liened, non-corporate, non-tax-saver fixed deposit with the bank, the card comes out against it, and the deposit keeps earning Suryoday's FD rate while the card earns you 0.5% back on eligible spend. Nothing to join, ₹150 + GST a year, and that ₹150 is waived outright on ₹20,000 of annual spend — ₹1,667 a month — so anyone actually using the card never sees it. The cashback is capped at ₹3,000 a billing cycle, which at half a percent is ₹6,00,000 of spend and will not bind on a secured limit. What will bind is the exclusion list, and it is long: Suryoday's own cashback FAQ names fuel, utilities, rent, railways, transport, education, insurance, government services, wallet recharges, financial institutions, mutual funds and charities as MCCs that earn nothing. Strip those out and the 0.5% applies to shopping, dining and e-commerce. Two things this card claims and does not document: the comparison table ticks "Flight Discounts & Lounge Access" for Platinum without naming a lounge network, a visit count or a list anywhere in the KFS or MITC, and the page advertises 24/7 travel and hotel concierge on the same evidence. Take the ₹2 lakh accident and permanent disability cover, the 2.5% forex — a point under the Indian norm — and the half a percent; treat the lounge line as unverified until Suryoday puts a number on it.
Your renewal — keep, downgrade or cancel
This card reaches break-even by ERASING its fee, not by out-earning it: the waiver is the decision.
Keep, downgrade or cancel
₹150/yr at stake · 5 spend bands
The charge ₹0 joining, then ₹150/yr
The waiver ₹20,000 of spend in the year before renewal — about ₹1,667 a month — and the renewal fee is not charged.
Break-even ₹3,000 a month — ₹36,000 a year — is where this card's value crosses its fee, and it gets there by erasing the fee at the waiver rather than out-earning it.
At your spend
₹1,000 a year, net of the fee, at ₹3,00,000 of annual spend — this clears the waiver, so no fee is charged
₹1,900 a year, net of the fee, at ₹6,00,000 of annual spend — this clears the waiver, so no fee is charged
₹3,800 a year, net of the fee, at ₹12,00,000 of annual spend — this clears the waiver, so no fee is charged
₹11,500 a year, net of the fee, at ₹36,00,000 of annual spend — this clears the waiver, so no fee is charged
₹19,200 a year, net of the fee, at ₹60,00,000 of annual spend — this clears the waiver, so no fee is charged
Everyday earn plus milestones, minus the fee — the same model as the value panel above, so the two cannot disagree. run your exact spend →
Your copy of this card
You hold this card.
Kept on this device, in your browser. It is never sent to us, never synced, and nothing else on the site reads it yet.
The downgrade
Suryoday Small Finance Bank publishes no document naming a card you can step down to, so we name none — an invented product change is a phone call you would waste. That leaves keep or cancel, and the numbers above are the whole of it.
If you call to cancel
What the bank offers to keep you is the one fact this desk cannot compute. We are collecting those reports — dated, and only in aggregate — before publishing any: an offer one reader was made is not one you are owed. Called about this card? Tell us what they offered →
The desk publishes subscribable .ics feeds for the dates it knows — offer deadlines, devaluations, expiry audits. Your renewal date is not one of them: only your statement knows it.
What's good
- ₹0 to get and ₹150 + GST a year, waived outright on ₹20,000 of annual spend
- 0.5% cashback on eligible spend, credited to the card account and adjusted against the next statement
- 2.5% forex markup, a full point under the 3.5% most Indian issuers charge
- FD-backed, so no bureau file or income proof is needed — the deposit keeps earning Suryoday's FD rate while the card is live
- Personal accident and permanent disability cover of up to ₹2 lakh, and an instant virtual card before the plastic arrives
Watch out
- 'Lifetime-free' is the banner; the MITC's own fee table reads ₹150 + GST a year, waived only at ₹20,000 of spend
- The physical card costs ₹299 + GST on top — the virtual one is what the fee table covers
- The exclusion list is long: fuel, utilities, rent, railways, transport, education, insurance, government services, wallet recharges, financial institutions, mutual funds and charities all earn zero cashback
- Cashback is capped at ₹3,000 in a billing cycle
- Suryoday ticks 'Flight Discounts & Lounge Access' on its own comparison table but publishes no lounge network, no visit quota and no lounge list in either the KFS or the MITC — this desk tags no lounge access on the strength of a tick
- The Select tier gets gym, spa, golf and health check-ups that this one does not, for the same ₹150 fee — the only gate is a fixed deposit above ₹1,15,000
- Revolves at 2.95% a month plus GST — an APR of 35.40%
- A 1% surcharge applies to rental payments, and no more than 40% of the credit limit may be used for rent in a calendar month
- Cashback is money credited to a card account: it reaches no airline, no hotel and no transfer partner
What these points actually fly
No live transfer route takes Statement cashback (₹) into a programme that publishes an award chart. These points buy catalogue and portal redemptions, not award seats — so this page has no flight to show you, and will not invent one.
what the cards that DO reach a chart can fly — 2,196 corridors priced →
What earns, what doesn't
11 sourced rules · 9 pay zero
Suryoday publishes its exclusions as a four-digit MCC table rather than as prose, which is unusual on the small-finance shelf and makes this one of the cleaner rows on this file. The card pays 0.5% "on each eligible transaction", capped at ₹3,000 in a billing cycle, and everything in the table below earns nothing at all. The same document serves both the RuPay Platinum and the RuPay Select tier — both product pages link it — so the two cards carry identical rules. Note what is NOT excluded and therefore earns the full 0.5%: groceries, dining, apparel, and ordinary e-commerce. Both fuel and rent additionally carry a 1% SURCHARGE under the MITC, and no more than 40% of the credit limit may be spent on rent in a calendar month.
- Fuel · excluded MCCs 5541, 5542 and 5983 earn no cashback. On top of that the MITC levies a 1% fuel surcharge whose waiver is limited to ₹40,000 of fuel in a calendar month with no single transaction over ₹8,000 — above either limit, no waiver applies at all
- Rent & property management · excluded MCC 6513, "Real Estate Agents and Managers – Rentals", earns nothing, and the MITC adds a 1% surcharge on rental payments plus a hard ceiling: "not more than 40% of the credit limit on your card can be used for rental payments in a calendar month"
- Wallet loads · excluded MCCs 4814 and 6540 — wallet recharges earn nothing
- Utilities (electricity/water/gas) · excluded MCC 4900, "Electric, Gas, Sanitary and Water Utilities", earns no cashback
per Suryoday Small Finance Bank T&C · rank every card by spend category →
Does your spend count toward the fee waiver?
not published — and we say which
₹20,000 a year is the bar that waives the ₹150 fee. A different question from the one above — earning points and counting toward a threshold are separate rules, and issuers write them separately.
Not published. Suryoday Small Finance Bank states what the Suryoday SFB RuPay Platinum earns and does not earn, but has not published which spend categories count toward the fee waiver — the ₹20,000 bar. We won't guess it from the earn table or from a sibling card: Axis published three cards' rules on one day and all three lists differed. If you hold this card and have it in writing from the issuer, send us the document and we'll source it.
Lounge access
0 of 793 tracked doors
No lounge access. This card opens exactly 0 of 793 tracked lounge doors — board with the crowd, or find a card that doesn't →
Can you get it?
income, age and the route in
The cutoffs and the actual route in — not the "apply now" button, the door that opens.
Direct application — no invite list, no banking relationship required.
per the official Suryoday Small Finance Bank MITC — figures marked (community) aren't in the PDF; the issuer won't say · filter the board by what you can get →
The fine print
5 of 7 MITC rows published
What the MITC actually says — the rates, fees and cutoffs the brochure skips.
THE BANNER SAYS LIFETIME-FREE AND THE MITC SAYS ₹150. Suryoday's page reads "Avail Lifetime-free* Card & No Hidden Charges"; the MITC of 26 May 2026 reads "Joining Fees | Nil" and "Annual Fees | ₹150 +GST (waived on annual spends of ₹20,000 or more)" — one published Nil beside one real recurring charge, which is our published-nil-fee rule's renewal-only shape. The PHYSICAL card costs a further ₹299 + GST; card replacement is also ₹299 + GST. FD-backed, so no bureau file or income proof is needed and the deposit keeps earning Suryoday's FD rate. Cashback is 0.5% on each eligible transaction, capped at ₹3,000 in a billing cycle, and the exclusion list is long: wallet recharges (4814, 6540), financial institutions, government services, charities, foreign currency purchase, insurance, railway (4112), mutual funds and manual or automated cash, education, transport (4111/4119/4121/4131/4214/4784/4789), fuel (5541/5542/5983), utilities (4900) and real-estate rentals (6513) all earn nothing. A 1% surcharge applies to rental payments, with no more than 40% of the credit limit usable for rent in a calendar month; fuel carries a 1% surcharge whose waiver is limited to ₹40,000 a calendar month with no single transaction over ₹8,000. Personal accident and permanent disability cover up to ₹2 lakh. LOUNGE: Suryoday's own comparison table ticks "Flight Discounts & Lounge Access" for this tier and publishes NO network, NO visit quota and NO lounge list in either the KFS or the MITC, so no lounge access is modelled on the card — a RuPay tier benefit is issuer-optional and a tick is not a quota. RuPay. Minimum payment due 10% of the billed amount plus EMIs, overdue and over-limit amounts.
per the official Suryoday Small Finance Bank MITC · reviewed 10 Jul 2026
What's changed for this card
nothing tracked yet — which is itself a fact
No tracked devaluations or changes yet — this card's history starts here.
Verified against Suryoday Small Finance Bank's own documents on · the net-annual-value engine, at our house ₹/point
Every document behind this page — 3 of them, each with the day we read it
- official Suryoday's Most Important Terms and Conditions for the secured RuPay Platinum card, for cards issued from 26 May 2026 — the fee table, the 2.5% forex surcharge and the cash-back programme clause
- official Suryoday's cashback FAQ — the 0.5% rate, the ₹3,000 per-cycle cap and the full list of excluded merchant category codes
- official Suryoday's secured RuPay Platinum product page — the fixed-deposit eligibility, the ₹2 lakh insurance cover and the tier comparison against RuPay Select