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Getting a regular credit card can be difficult if you are new to credit or rebuilding your profile. A credit card against a fixed deposit offers a simple and reliable alternative. With Airtel Finance, you can use a fixed deposit booked with Axis Bank as security to get a credit card issued by Axis Bank, making approval easier while you continue to earn interest on your FD.
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A credit card against FD is a secured credit card issued by placing a lien on your fixed deposit. Your FD remains active and continues earning interest while it acts as collateral for the credit card. When you apply, the credit limit is linked to the FD amount, and regular card usage with timely repayments helps build a positive credit history. If dues are not cleared, the bank may adjust the outstanding amount against the fixed deposit after giving due notice, as per applicable terms. This credit card FD-based option, sometimes searched for as an FD against credit card, is especially useful for first-time credit users looking to build or strengthen their credit profile, as approval is primarily based on the fixed deposit rather than income.
An FD-backed credit card comes with several advantages that make it a practical choice for building credit. Approval is easier because your fixed deposit serves as security, so income proof is not required and a high credit score is not expected. The card helps you establish or improve your credit history with responsible use. You also continue to earn interest on your FD while enjoying all the convenience of a regular credit card, including online and offline purchases and the rewards attached to the card variant you are issued. This makes it one of the more accessible ways to get a credit card with FD as security.
Airtel Finance offers an FD-based credit card, issued by Axis Bank, designed for individuals who want easier access to credit using a fixed deposit as security.
Up to 80% of the fixed deposit principal for a fixed deposit credit card.
Fixed deposit held with Axis Bank, from ₹15,000, for a minimum tenure of one year.
No income proof required; suitable for new‑to‑credit users.
Accepted across online and offline merchants.
Timely repayments help build or improve credit history.
This FD-backed credit card is ideal for first-time cardholders, as approval is linked to the FD rather than income or past credit score. It is a practical option for a first credit card on a fixed deposit that continues to earn interest while supporting your credit limit, offering a secure and convenient way to use a credit card.
Check the minimum FD requirement, the credit limit (80% of the FD at Axis Bank), the minimum tenure, any annual fees, the reward structure, and whether the card helps build credit. Also factor in liquidity: the deposit stays locked for as long as the card is active, and you must close the card before you can redeem the FD. Choose the best FD credit card that matches your spending and saving goals.
Your credit card against fixed deposit limit is directly linked to the value of your FD. Axis Bank offers up to 80% of the deposit amount as the credit limit. For example, a ₹50,000 FD could give you a credit limit of around ₹40,000. The higher your FD, the higher your potential credit limit for the fixed deposit credit card. Note that a credit card limit increase on a secured card is not granted on request against the same deposit; a higher limit requires a higher fixed deposit, applied with your explicit consent.
To apply for a credit card against a fixed deposit through Airtel Finance, you need to meet the Axis Bank Credit Card Eligibility conditions for the FD linked variant:
Applicants must be Indian residents with valid identity and address proof as per KYC norms.
You must be 18 years or above to apply for an FD‑based credit card.
A fixed deposit is mandatory, as it is used as collateral for the credit card. This is applicable, especially for the online credit card against FD.
From ₹15,000, for a minimum tenure of one year. The card limit is set at up to 80% of the FD value.
Since the card is secured against an FD, salary slips or income documents are generally not required.
Applicants with low, limited, or no credit history can still qualify, as approval is based on the FD. The bank still runs a bureau check and may decline in cases of serious adverse history.
Valid KYC documents such as [Aadhaar Redacted] and PAN must be submitted to comply with regulatory requirements.
Documentation is minimal. You will need proof of identity and address such as [Aadhaar Redacted] and your PAN card, to apply for a fixed deposit credit card. Where the deposit is booked within the application journey, no separate FD receipt is required. These documents complete the KYC process for your FD credit card application request.
A credit card against a fixed deposit is well‑suited for individuals looking for easy and secure access to credit. It is especially useful for:
Applying for a credit card against a fixed deposit through Airtel Finance is a simple and secure process. Since the card is backed by your FD, approval is easier and does not depend heavily on your credit history.
You must be an Indian resident aged 18 or above, and must not currently hold or have previously held a credit card, to apply for a credit card against FD.
You can apply through the Airtel App or the partner bank’s official digital platform by selecting the FD‑backed credit card option and entering your basic details.
Book your fixed deposit of ₹15,000 or more for a minimum tenure of one year, complete KYC, and the credit card is issued against the FD value as per applicable terms.
Credit cards against fixed deposit come in different variants, including the fuel credit card option, IndianOil Easy, so you can pick the one that suits your spending while building credit responsibly.
Understanding the differences between an FD-based credit card and regular credit cards helps you make an informed decision about which option suits your financial needs better.
| Feature | Credit Card Against Fixed Deposit | Regular Credit Card |
| Approval basis | Issued against a fixed deposit held as security | Based on income, credit score, and repayment history |
| Credit limit | Up to 80% of the FD value | Determined by income and credit profile |
| Collateral required | Yes, fixed deposit is pledged | No collateral required |
| Interest on FD | FD continues to earn interest | Not applicable |
| Documentation | Minimal, as FD acts as security | Income and credit-related documents required |
| Credit history requirement | Suitable for no or limited credit history | Requires established credit profile |
| Risk level for issuer | Lower due to secured nature | Higher as it is unsecured |
Choose a credit card against FD if you're new to credit, have a limited credit score, or want a straightforward approval route backed by your own savings. Regular credit cards suit those with established credit histories seeking higher limits and premium benefits. The FD-based credit card approach offers a stepping stone to build creditworthiness while maintaining the security of your savings.
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