stable money credit card

[tharun]

Stable money has partnered with suryoday small finance bank to offer a credit card
Nothing new here .5%cashback on UPI spends
Minimum fd required is ₹1000
Maximum credit limit is 2lakh
Only 90%is given out as credit limit
It's a good option for those who need a secured credit card

Fintech apps are blindly collaborating with banks to giveout their cobranded credit cards without any USP and thinking to make a profit on it which they likely won't

If anyone used it please share your experiences

 

[hitirfan]

5% or 0.5% cashback on UPI?

 

[tharun]

5% or 0.5% cashback on UPI?

Its 0.5 only

 

[Mr. BeanMr. Bean is verified member.]

It's a good option for those who need a secured credit card

Precisely, that's their target audience. I am going to recommend it for my relative as the partner bank is suryoday that has presence here. I tried Utkarsh (super money) that can't do vkyc in a regional language (Tamil). Hopefully, suryoday could do it as it has multiple branches in TN. As it is still in early access, it may not be available for all yet. I will try to get it when it is widely available.

0.5% is fair enough for a secured CC, rather than promising upto 5%, but providing only 0.5% or less.

 

[joell]

I wish there were credit cards against mutual funds or liquid funds. Already paying so much taxes on interest. It's not showing up on my stable money app tho.

 

[eternalduke]

Is there a minimum transaction amount

 

[Mr. BeanMr. Bean is verified member.]

Is there a minimum transaction amount

It's not showing up on my stable money app tho.

Hold your horses, please. In desktop (of stablemoney.in), I still see "Coming Soon" banner. Probably, they are testing in a few accounts. Until, it is generally available, we can't say much.