SBI SimplyCLICK Credit Card Review


SBI SimplyCLICK Credit Card

It is one the best credit cards for beginners in India which provides 10X rewards on shopping at Amazon, BookMyShow, UrbanClap etc. This card offers 5X rewards on other online purchase irrespective of merchant. With low annual fees and salary requirements.

SBI SimplyCLICK Credit Card


The card is issued on both Visa and MasterCard platform and is enabled for contactless payments.


Eligibility Criteria

Age: Minimum 21 Years
Salaried: Net Monthly Income > Rs. 25,000 per month
Self Employed: ITR > Rs. 3 annually
Not:  SBI Card is very strict about credit history and there is a high chance of rejection if you don’t have credit history or your credit score is low.
Chance of approval for SBI Credit Cards increases multifold if you have an existing credit card and are salaried.


Fees

Joining fee: Rs. 499 + GST
Renewal fee: Rs. 499 + GST
Renewal fee is waived ofl on spending of previous year is more than Rs. 1 Lakh. Generally SBI Card doesn’t issues credit card life time free and one needs to pay the annual free every year if they are not able to meet the spending criteria for fee waiver.



Features
SBI SimplyCLICK Credit Card is customised mainly for online shoping. So the rewards and features are customized to give maximum benefit on online spends.

Welcome Benefit
You gets a Amazon gift voucher worth Rs. 500
Amazon voucher code will be sent on customer’s registered mobile number within 30 days from payment of membership fee. SBI compensates for joining fees by providing voucher of equivalent amount.

Milestone Benefits
Cleartrip e-voucher worth Rs.2,000 on annual online spends of Rs. 1 Lakh
Cleartrip e-voucher worth Rs.2,000 on annual online spends of Rs. 2 Lakhs
That’s an additional 2% reward rate on achieving a spend of Rs. 2 Lakhs.

Reward Points
1 Reward Point = Rs. 0.25
10 Reward Points per Rs. 100 on online spends with exclusive partners – Amazon, BookMyShow, Cleartrip, Lenskart, Netmeds, Rentomojo, UrbanClap, 2.5% reward rate
1 Reward Point per Rs.100 on all other spends, 0.25% reward rate
5 Reward Points per Rs. 100 on all other online spends, 1.25% reward rate
You can redeem your Reward points from rewards catalogue (Amazon & Cleartrip vouchers available)
Reward redemption fee of Rs. 99 + GST applicable on each redemption

Finance Charges
Foreign Currency Markup of 3.5%
Revolving credit at interest rate of 3.35% per month
Convenience fee waiver of 1% on all fuel transactions between Rs. 500 to Rs. 3,000

Apply SBI SIMPLYCLICK Credit Card

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