SBI SimplyClick Credit Card caters to those who shop mostly online and want to earn reward points on their online shopping.
Card Type: Rewards
Key Features:
- Reward Points:
- You get 1 reward point for every Rs 100 spent offline.
- Earn 5X reward points on all online spending.
- Earn 10X reward points on online spends with partner websites, including:
- Apollo 24/7
- BookMyShow
- Cleartrip
- Dominos
- Myntra
- Netmeds
- Swiggy
- Yatra
- Milestone Rewards: When you spend up to a specific limit within a year, you are given reward points as a bonus.
- Fuel Surcharge Waiver: With the card, you also get the facility to make Contactless Payments which makes your payment easier.
- Worldwide Acceptance: The SBI SimplyClick Credit Card is accepted by millions of merchants online and offline.
- Contactless Payments: For making small payments, this card gives you the facility of contactless payment payments.
- Smart EMI: Convert your purchases into easy monthly installments for better financial management.
Additional Points:
- Reward Points Redemption: Utilize your accrued points for a variety of redemption options, such as:
- Gift vouchers from popular brands
- Flight and hotel bookings
- Electronics and other products
- Statement credit adjustments
- Reward Points Expiry: Points that have not been redeemed will expire 3 years from the date of credit issuance.
- No Cost EMI: This card does not offer you No Cost EMI.
- Lounge Access: With this card, you do not get the benefit of any airport lounge access.
Eligibility:
- Minimum age: 18 years
- Indian resident with a valid PAN card
- Good credit score (typically above 750)
Fees:
- Late Payment Fee: Up to Rs. 1,000 or 2.5% of the outstanding amount.
- Annual Interest Rate: 13.99% – 24.99%
- Foreign Currency Markup: 3.50%.
- Balance Transfer Fee: 2.5% of the amount transferred (minimum Rs. 500).
- Cash Advance Fee: Rs. 250 or 2.5% of the amount withdrawn, whichever is higher.
- Joining Fee: 499+Applicable Taxex
- Renewal Fee
- Rs. 499 (waived if your annual spending exceeds Rs. 1,00,000 in the previous year)
Pros & Cons
Pros
- Rewards on online spending: You can earn 10x reward points at select online partner stores and 5x reward points on all other online purchases.
- Low annual fee: The annual fee of this card is very low compared to other cards which reduces your hassle.
- Contactless payments: For making small payments, this card gives you the facility of contactless payment payments.
- Balance transfer: You can transfer the remaining payment of this card to another card at a lower interest rate.
Cons
- Lower rewards compared to cashback cards: The reward points of this card are very low compared to other cards.
- Limited redemption options: You get limited categories to redeem reward points on this card.
- Not as good for offline spending: Not good for offline shopping as this card gives you 1 reward point every time you spend Rs 100.
SBI SimplyClick Credit Card is good for those who want reward points instead of cashback on their online shopping.
Please Read Our other credit card reviews
Conclusion:
If you mostly shop online and want good cashback on your purchases then this card is a good card for you. Your annual fee is also waived if you meet the minimum spend criteria with the SBI SimplyClick Credit card.
- This card cannot go wrong for those people who spend most of their money offline.
- Use cards responsibly to avoid late fees and high-interest charges and pay your bills on time
Disclaimer
If there is any change in the SBI SimplyCLICK Credit Card in the future, then CredBanking will not be responsible for it because we have taken the help of the internet to gather information about this card.
