DCB novio Credit Card: Lifetime Free, Up to 15% Coins & ₹5,000 Welcome Perks
HeyCash — 10% bonus for 24h on surveys, offers & games. Fast PayPal & gift card payouts. Code Y7DTGZ → Join
Apply for the lifetime-free DCB novio Credit Card 2026 against an FD from ₹2,000. No income proof, up to 15% novio Coins & ₹5,000 welcome perks. Apply now!
Key Highlights at a Glance
| Feature | Details |
|---|---|
| Card Type | FD-backed secured RuPay credit card (Platinum & Select variants), issued by DCB Bank |
| Joining / Annual Fee | Nil / Nil (lifetime free) |
| Minimum FD | ₹2,000 (Platinum). ₹25,000 for Select (per novio) |
| Physical Card | On cumulative FD of ₹10,000+. Below that, a virtual card is issued (₹2,000–₹9,999) |
| Credit Limit | 90% of your FD (e.g. ₹10,000 FD = ₹9,000 limit) |
| Income / Credit Score Proof | Not required (per novio) |
| novio Coins | Up to 10% on UPI spends; up to 15% when used on novio UPI (per novio) |
| Welcome Benefits | Worth up to ₹5,000 from partner brands, after ₹2,500 spend within 30 days of card issuance |
| Airport Lounge | 1 domestic visit per quarter (4/year), Select variant only |
| Fuel Surcharge Waiver | 1% waiver, max ₹100 per statement cycle |
| Forex Markup | 2.5% + GST |
| Partner Offers | Amazon, Swiggy, Zepto, BookMyShow monthly discounts |
DCB novio: Lifetime Free Credit Card Against an FD from ₹2,000
🎁 Perks: Welcome benefits worth up to ₹5,000 • Up to 15% novio Coins • Monthly Amazon, Swiggy & Zepto offers • Select: 4 lounge visits/year
Rewards & Benefits Fact Sheet
🏦 Card Variants & FD Rules
- DCB novio Platinum: FD from ₹2,000. A virtual card is issued for an FD of ₹2,000–₹9,999. A physical card is available at a cumulative FD of ₹10,000+.
- DCB novio Select: FD of ₹25,000 (per novio). It includes all Platinum benefits plus airport lounge access. The variant you receive depends on your FD amount.
- Credit limit: 90% of the FD lien amount. You can raise it by topping up or linking more FDs in the app.
- FD interest: up to 7% p.a. per novio. [Current rate for your chosen tenure; it will vary.]
- Cash withdrawal limit: 50% of the credit limit or ₹1,00,000, whichever is lower.
🎯 novio Coins: Earning Rates
| Spend Type | novio Coins | Rate |
|---|---|---|
| Card used on novio UPI | 10 coins per ₹100 | up to 10% |
| Card used online / POS / other UPI apps | 5 coins per ₹100 | up to 5% |
| Bonus on novio UPI: pay to merchant | 5 coins per ₹100 (max 500 coins/day) | +5% |
| Bonus on novio UPI: pay to individual | 5 coins per ₹100 (max 100 coins/day) [confirm card works for P2P in-app] | +5% |
⚠️ Coins are not cashback. The “%” is the coin-earn rate. The ₹ value depends on redemption.
🧮 Example: Spend ₹10,000 via the card on novio UPI → 1,000 coins. The same ₹10,000 on other UPI apps or POS → 500 coins.
🛍️ Redeeming novio Coins
- Redeem for brand e-vouchers (Amazon, Flipkart, Myntra, PVR, Domino’s, Swiggy and more) in the novio app.
- Savings are up to 20% on select brands. The percentage differs by brand and changes over time. Examples seen in the app: Café Coffee Day up to 11%, Amazon Pay up to 5%, Flipkart up to 5%, Domino’s 6%, Swiggy 3%.
🚫 Zero-Reward / Excluded Categories
No coins are earned on rent payments, wallet loading, online gaming, gambling, fuel and cash withdrawals (MITC).
🎁 Welcome Benefits (worth up to ₹5,000)
Spend ₹2,500 within 30 days of card issuance to unlock partner vouchers. These are discounts, not cash, and each has a minimum order value:
| Brand | Offer |
|---|---|
| Trends Footwear | ₹400 off on min. order ₹999 |
| AJIO | Flat ₹600 off on min. order ₹3,000 |
| Soch | ₹500 off on min. order ₹1,990 |
| Zoomin | Free 2026 Name Planner worth ₹349 |
| JiVisa | Flat 40% off up to ₹1,000 (premium skincare & wellness) |
| The Man Company | ₹500 off on min. order ₹1,500 |
| Yatra | Flat 10% off on domestic flights, up to ₹500 |
| AbhiBus | 20% up to ₹200 instant discount + 10% up to ₹200 cashback |
Further partners listed by novio include HPCL, Watcho, Pocket FM, PharmEasy and WOW Skin Science. The ₹5,000 is a maximum that assumes you use every voucher. Offers and brands change from time to time.
🛒 Monthly Partner Offers
Amazon.in: instant discount in fixed slabs, up to ₹1,000/month.
| Order value (min.) | Discount | Effective % at minimum |
|---|---|---|
| ₹2,000 | ₹100 | 5% |
| ₹5,000 | ₹250 | 5% |
| ₹10,000 | ₹500 | 5% |
| ₹20,000 | ₹1,000 | 5% |
The discount is 5% only at the slab minimum. For example, a ₹4,999 order gets ₹100 (about 2%). Valid on Mobiles, TV, Appliances, Fashion, Electronics, Home, Kitchen and Furniture. Not valid on grocery, Cash on Delivery or EMI transactions. If a return or cancellation drops the order below ₹2,000, the offer is voided and the discount is deducted from your refund.
- Swiggy: 20% off up to ₹100 on orders above ₹499 per month (cannot be clubbed with other offers).
- Zepto: 10% off up to ₹50 on orders above ₹499, up to 3 times a month (max ₹150/month).
- BookMyShow: Buy 1 Get 1 free, up to ₹250 off on a minimum spend of ₹500 (up to ₹250/month).
- All partner offers are subject to availability and T&Cs and can change anytime.
⛽ Fuel Surcharge Waiver
1% waiver, max ₹100 per statement cycle, on fuel transactions up to ₹5,000. Utilities, railways, insurance, gift securities and brokers are excluded. Fuel spends earn no novio Coins.
🛋️ Lounge Access (Select variant only)
- 1 complimentary domestic lounge visit per quarter (4 per year). No international visits. Platinum has no lounge access.
- Select FD requirement: ₹25,000 (per novio).
- Valid at select RuPay lounges. A ₹2 validation charge applies and is non-refundable. Unused visits lapse at quarter or year end.
- Visits beyond the limit are charged at the lounge’s regular rates. The program is governed by NPCI and can change without notice.
🌍 Forex Markup
2.5% cross-currency markup on foreign transactions, plus GST. The card is not valid for foreign currency transactions in Nepal and Bhutan.
🛡️ Insurance & Card Protection
- Both variants have complimentary insurance cover per the MITC. It covers the primary cardholder only, requires nominee details, and is not available on inactive or overdue cards.
- Zero liability on lost-card purchases once you report the loss. ATM and PIN-based transactions are not covered.
- Fraud cover applies from 30 days prior to your report, needs an FIR, and excludes ATM and PIN/OTP/CVV-based transactions.
⚠️ Fees, Interest & Fine Print
| Charge | Amount |
|---|---|
| Interest on unpaid dues | 3% per month (36% p.a.) |
| Late payment fee | Nil up to ₹100 outstanding; ₹100 for ₹101–₹1,000; ₹500 above ₹1,000 |
| ATM cash withdrawal | 2.5% or ₹299, whichever is higher |
| Cash advance fee | 2.5% of transaction value |
| Card closure within a year | ₹599 |
| Reissue of lost/stolen card | ₹250 |
| Replacement of damaged card | ₹250 |
| Duplicate physical statement | ₹50 per page (e-statement free) |
- GST applies on all fees, interest and charges.
- Interest-free period: 15–45 days, but only if the previous bill was paid in full. It does not apply on cash withdrawals.
- Due date: 15 days from bill generation plus 3 grace days. Billing cycle options: 1st, 7th, 14th or 21st (changeable once).
- Minimum Amount Due: at least 5% of principal plus interest and charges.
- Coin credit timing: the MITC says rewards are given in the first month of the next quarter on achieving a spend-based milestone.
🔐 FD-Backed Risks to Know
- DCB can liquidate your FD if the minimum due stays unpaid for 85 days, or if billed spends breach 95% of the FD.
- Balances above 100% of the FD can lead to you being reported as a defaulter to credit bureaus.
- The FD is kept on auto-renewal while the card is active.
- Payment history is reported to credit bureaus, so on-time payments help build your credit profile.
Eligibility Criteria
- Open a Fixed Deposit with DCB Bank through the novio app (minimum ₹2,000). If you can successfully open the FD, you are eligible for the card.
- No income proof and no credit score (CIBIL) requirement, per novio.
- Age and KYC requirements follow the FD account opening process.
- FD of ₹10,000+ for a physical card; ₹25,000 for the Select variant.
Required Documents
- KYC documents required to open the FD [confirm accepted documents, e.g. Aadhaar/PAN, in the app]
- Mobile number and email ID
- Nominee details (required for the insurance cover)
- No income proof needed
How to Apply
- Click Apply for DCB novio Card above. It opens the novio homepage.
- Select the FD-backed credit card and choose the DCB novio card.
- Book an FD (₹2,000+ for Platinum; ₹25,000 for Select) or choose an existing one.
- Complete KYC and add nominee details.
- Receive your virtual card instantly, or a physical card if your FD is ₹10,000+.
- Link the card to novio UPI to earn the higher coin rates.
- Spend ₹2,500 within 30 days of card issuance to unlock the welcome benefits.
Offers are subject to change. Please verify the latest terms in the novio app before applying.
Want a credit card that stays free for life? Explore no joining fee and no annual fee card options on ZeroFeeCards.in.
Explore ZeroFeeCards.in →
