FD-backed, lifetime free
DCB Novio Credit Card
A lifetime-free RuPay card backed by an FD from ₹2,000, managed in the Novio app, with app coins on UPI and shop spends and voucher discounts.
Joining feeFree
Annual feeLifetime free
Fee waiverNot needed
SecurityFD from ₹2,000
Lounge1 domestic a quarter (Select variant)
Forex markup2.5%
Best for: First-time users who want a free card to build a credit score.
Rewards and cashback
| Where you spend | You earn | Limit |
|---|---|---|
| UPI and in-store spends | Novio coins (advertised up to 5%) | – |
| Vouchers in the Novio app (such as Amazon Pay) | Discounts, such as 5% off | – |
| Rent, wallet loads, gaming, fuel, cash | Nothing under DCB’s terms | – |
- Coins are mostly used as discounts inside the Novio app.
Benefits
Welcome benefit
- No welcome benefit listed.
Milestones
- None.
Travel and lounges
- Select variant: 4 domestic lounge visits a year (1 a quarter).
Fuel and forex
- Forex markup 2.5%.
- 1% fuel surcharge waiver up to ₹100 a cycle.
Other perks
- Limit up to 90% of your FD
Fees and charges
| Joining fee | Free |
|---|---|
| Annual fee | Lifetime free |
| Security | FD from ₹2,000 (virtual card at low limits) |
GST at 18% applies on fees. Banks change charges from time to time; the bank’s own terms are final.
Who can apply
- No income proof needed; open an FD and complete KYC
You will usually need PAN, Aadhaar or address proof, and income proof (salary slips or ITR). A credit score of 750 or more improves your chances.
Pros and cons
What we like
- No fees
- Very low FD
- Lounge on the Select variant
Watch out for
- Rewards are app coins, not cash
- Advertised rates differ from bank terms
Frequently asked questions
Who runs Novio?
Novio is an app by Credilio; DCB Bank issues the card.
Ready to apply for the DCB Novio Credit Card?Applying takes about 10 minutes online. Approval depends on the bank.
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Sources: PickMyWork · DCB Bank. Details checked on 23 Oct 2026. For information only, not financial advice; always read the bank’s most important terms (MITC) before applying.