Kredit Pe Rupay FD Secured Credit Card is good or bad? with annual fee of Rs.199+GST

Hello Dimers,

I am kinda SURPRISED on seeing the annual renewal fee in Kredit Pe FD credit card,

because for an FD card annual fee is too much (in my opinion) 

this sounds similar like Credilio card of SBM (another annual fee FD card), it got rebranded to this????

I thought to get Kredit Pe FD SECURED CREDIT CARD which is planned to launch on last week of Dec as per their chat bot (so waited and today got access to apply)

and I got access opened for it finally in my app to apply

but the thing is it has renewal fee of 199+GST (with 50k spend waver condition), joining fee is 0 though

Refer: MITC

https://www.sbmbank.co.in/smart_banking/pdf/Kre...

Now I wonder is it worth to get this card? for UPI rupay based thing

is this card good to have?

Please post your opinion in comments:) it will help to decide for interested ones like me

Side note: I mostly apply all the credit cards that feel good to hold on, as I am a pokemon collector