October 22, 2025 · 9 mins read
Santosh Kumar
An FD-backed credit card is frequently the ideal starting point for anybody entering the world of credit. It gives security, comfort, and a basic way to build your credit history, utilising your fixed deposit as security. As your salary develops and your financial propensities fortify, your desires for a credit card start to advance. Actually, you might begin wondering — can we upgrade the FD credit card to appreciate more benefits and flexibility?
Upgrading your FD credit card can be a keen step forward when you're prepared for included points of interest like a higher credit limit, superior cashback programs, or select lifestyle offers. It's not just about getting a modern card; it's about adjusting your credit devices with your financial advance. In any case, before choosing, it's vital to understand how the update process works, what qualification criteria apply, and what banks consider when considering an update. Knowing these subtle elements guarantees you make the most of your travel from a fundamental secured card to a more fulfilling financial involvement.
Before we plunge into whether we can upgrade the FD credit card, let's first understand what this card really is. An FD-backed credit card is a secured credit choice issued against your fixed deposit. Instead of assessing your credit score, the bank employs your deposit as a guarantee.
For example, if you have a fixed deposit of ₹1,00,000, the bank might issue you a credit card with a limit of around 75% to 90% of that amount. Also, since banks face less risk, endorsement is nearly guaranteed.
However, over time, numerous customers begin wondering — can we upgrade the FD credit card to something way better? Let's find out.
The encouragement to upgrade actually comes. You might need a higher credit limit, cashback offers, travel benefits, or fee waivers. Here's why individuals regularly consider upgrading:
When your income increases, your financial way of life changes. A fundamental FD credit card may not coordinate your investing capacity any longer. Subsequently, you might inquire — can we upgrade the FD credit card to one with a higher limit or superior rewards?
Basic cards regularly come with limited benefits. An upgraded adaptation might offer higher cashback, discuss miles, relax get to, or select benefits. That's another reason numerous customers investigate whether we can upgrade the FD credit card and how to do it.
Also Read: can i withdraw money from FD credit cards?
If you’ve been a steadfast customer keeping up numerous items with your bank — like reserve funds, FDs, and credits — it reinforces your profile. Banks regularly offer programmed upgrades to such customers.
When we say “upgrade”, it can mean diverse things depending on the bank and your credit travel. Let’s interpret the possibilities.
Increase in Credit limit – Your existing FD credit card limit may be increased if you include more reserves in your fixed deposit. For illustration, updating from ₹50,000 to ₹1,00,000 FD increments your card limit proportionally.
Shift from FD-backed to Unsecured Credit Card – Once you've built trust and a great repayment history, the bank might let you move to a standard credit card without requiring an FD.
Switch to a Premium Variation – A few banks permit existing FD cardholders to move to a higher-tier card with more advantages, indeed, while holding the FD as security.
In each case, the question of whether we can upgrade the FD credit card depends on your bank’s internal approach, your repayment conduct, and how long you've kept up the card.
Also Read: What credit card has no annual fee for students?
To get it, we must also see what the bank assesses before permitting an upgrade:
Repayment History: Banks closely observe your instalment designs. If you've been steady — continuously paying bills on time and keeping usage below 30-40% — it sends a strong flag that you can handle a higher limit or premium card.
Residency of Card Usage: Generally, banks survey your account after 6 to 12 months. If your track record is strong during this period, you might end up qualified for an upgrade.
FD Value: Since your card limit is tied to your FD, the amount plays a huge part.
Relationship with the Bank: Existing customers who hold different accounts, protections, or credit items regularly get speedier endorsements when they inquire Can we upgrade the FD credit card.
Also Read: Is a FD credit card good?
If you feel prepared to upgrade, the handle is very direct. You can take after these common steps:
1: Contact Customer Care: Call or email your bank's credit card helpline and express your interest in updating your card.
2: Visit the Bank Department
3: Submit Extra FD
4: Provide Upgraded KYC Records
5: Await Bank Survey
So, when you inquire Can we upgrade FD credit card, the reply depends generally on your credit score and how willing you are to improve your FD or meet the bank's conditions.
Also Read: Is a credit card against FD good for credit score?
You don't need to rush. Timing things when it comes to upgrading your FD-backed card. Here are the perfect times:
1: After 12 months of steady on-time payments.
2: When your FD develops, and you’re prepared to renew it with a higher amount.
3: After your credit score crosses 700.
4: When your financial obligations or way of life have increased.
Each of these minutes is an opportunity to inquire with your bank — can we upgrade the FD credit card now?
Also Read: benefits of fd credit card
This depends on how you upgrade.
1: If you upgrade inside the same FD-backed setup, your FD proceeds as regular. The limit and card sort may alter, but the FD remains as collateral.
2: If you upgrade to an unsecured credit card, the FD may be discharged, and your deposits will be free for withdrawal.
Banks, for the most part, permit you to borrow or withdraw the FD depending on the upgrade terms.
Upgrading might sound energising, but you should think through a few perspectives before proceeding:
Higher Investing Allurement: A higher limit can lead to overspending if not overseen wisely.
Possible fees: A few upgrades, pull-in fees, or yearly fees.
Impact on FD interest: If you rashly withdraw or alter your FD, you might lose interest.
Eligibility Dismissal: Indeed, if you feel prepared, the bank might not endorse it promptly based on policy.
Hence, before choosing, can we upgrade the FD credit card, survey your financial propensities and whether you genuinely require a higher limit.
Also Read: how to get credit card against fd
If your bank doesn't permit an upgrade, however, don't stress. You can:
1: Open a new, bigger FD and apply for a new FD-backed credit card.
2: Apply for a normal unsecured credit card once your score improves.
3: Continue utilising your current card to reinforce your profile further.
Sometimes, persistence and reliable utilisation are all it takes before the bank itself offers an upgrade.
To move forward with your qualification for an upgrade, attempt to follow these tips:
Pay Your Bills on Time: Late instalments hurt your notoriety with the bank.
Maintain low Credit Use: Avoid maxing out your card limit.
Build a Relationship: Utilise other managing account products.
Keep Your FD Dynamic: Renew it before development and increment its value gradually.
Track Your Credit Score: Screen your advance to know when it's time to ask for an upgrade.
Also Read: what is fd in credit card
When banks endorse your upgrade, the benefits may change. You might receive:
1: A 25–50% increment in credit limit.
2: Enhanced cashback or reward programs.
3: Eligibility for travel or eating offers.
4: Better EMI change options.
However, each bank characterises "upgrade" in an unexpected way. A few may basically upgrade your limit, whereas others offer a totally unused card category. So when you investigate, can we upgrade the FD credit card, and continuously clarify what the upgrade entails.
Also Read: Online Shopping with Credit Cards – Safety Tips
Yes, in a few cases. If your repayment history and credit score are amazing, the bank may increase your limit or offer a superior variation without an extra deposit.
Yes. After keeping up great repayment conduct for 12–18 months, numerous banks offer a move to an unsecured card without requiring an FD.
It can take anywhere from 7 to 21 working days after you submit your request, depending on the bank's internal confirmation process.
If the upgrade remains inside the FD-backed framework, your FD proceeds as regular. If you switch to an unsecured card, your FD may be released.
Not essentially. You can regularly proceed with the same FD by recharging or amplifying it, depending on your bank’s upgrade procedure.
Don't stress — proceed keeping up your credit card dependably, increase your FD amount, and attempt once more after three to six months.
Build and Maintain a 750+ Credit Score
