Hello friends, I’m writing this review after 6 months of using SBI Simply Click Credit Card. On the first look, it will definitely impress you. Look and feel wise it feels very premium.
One thing I must say about SBI is that they use premium quality plastic to make their card. I can say this because I have almost all the company’s credit cards, I am very much impressed by their build quality and use of premium material.
SBI Simply Click Application Tips
Should I Apply?
If you wish to have your first ever SBI credit card I would definitely recommend you SBI simply click. It is very good in all aspects, and offer great value. You can also waive your annual fee, If you spend one lakh in a Year.
This Card Comes in two variants Visa platinum and master platinum(I got Master platinum). Both come with pre-enabled international transaction feature with markup fees of 3.5%. which means if you have to make a transaction of $100 then you will be charged with a 3.5% markup fee i.e. you have to pay $103.5 for your $100 payment.
This card also comes with the SimplyWave Contactless Technology payment method for the payment of up to Rs.2000.
Are You Eligible?
I have gone through the whole SBI card website, But I couldn’t find Anything about this card eligibility. But If you don’t want your application to be rejected, you must check these points before applying:-
- Age should be 21 years
- Have a stable income(Salary or Self Employed)
- Have other bank credit card
SBI cards rejection rate is very high. So apply at your own risk if you do not fulfill the above criteria. If you have some other banks credit card, you can also apply on that card basis. I have applied through my HDFC credit card, And I got it very easily.
If you have already applied, you can check your application status in two ways:-
- Call 1860 500 1290 or 1860 180 1290 number.
- Visit SBI card Website(Sbicard.com)
If your application is denied, I recommend calling for an inquiry about why your application has been rejected. Before applying next time fix these issues, and call again. It’s surprising how often denials can be changed to approvals.
SBI Simply Click Credit Card Perks
Once you have gone through the above details, you are almost set to know more about this credit card. In this segment, I will discuss all the important and rewarding features of this credit card. So let’s find out the important features of this credit card:-
Reward Points Benefits
SBI Give 10X reward point for each Rs.100 spent on online with exclusive partners – Amazon / BookMyShow/ Cleartrip / Lenskart / Netmeds / UrbanClap, from my point of view it is a very good Benefit. If you are looking for a credit card which gives them maximum returns on their online spending. For all other online spendings, SBI provides 5X reward points. For all other spendings, you will get 1 Reward points(Of Value Rs.0.25) for each Rs.100 Spend.
Though SBI Card mentions in their T&C that wallet transactions are not eligible for 10X rewards. I have been getting 10X reward points on adding money to Amazon Pay wallet and 5X reward points on adding money to Paytm.
While applying for this credit card I was unaware of this milestone rewards. But recently I got this message from SBI that, I am just Rs.8900 sort, for earning Rs.2000 E-gift voucher as a milestone reward for my Simply Click Credit card. In milestone reward, you have complete a milestone of 1 lack in a year to get an Rs.2000 E-gift voucher from Cleartrip. Not only this if you cross 2 Lacks in a year you will again get Rs.2000 E-gift voucher from Cleartrip. Here is the message I received from State bank of India:
Fuel Surcharge Waiver
SBI also offers a 1% fuel surcharge waiver for each transaction between Rs 500 & Rs 3000 (exclusive of GST, wherever applicable, & all other charges) with Maximum surcharge waiver of Rs 100 per statement cycle, per credit card account.
With SBI Simply Click Credit Card you can empower your family with add-on cards for your Family member above the age of 18.
Balance Transfer on EMI
Save money while paying your credit card dues by Transferring the outstanding balance of other banks’ credit cards to your SBI Simply Click Credit Card. and avail a lower rate of interest and payback in EMIs too.
Annual Fees and Renewable Fees
SBI charges one-time Annual fees of Rs.499 and the same for renewal every year. If you Spend Rs 1,00,000 in one year you will get an annual fee of Rs 499 reversed to your credit card in the subsequent year. Spending Rs.1,00,000 in the present time is not an uphill task for anyone.
Now, a Most important point which everyone wants to know about is what is the process of rewards redemption for this card. For redeeming your rewards point you, have to go to the SBI card website(SBIcard.com), or SBI Card App where you can redeem your rewards point to Amazon E-gift voucher or Cleartrip E-gift voucher. Where you will be charged with Reward redemption fee of Rs. 99 + GST applies to each redemption.
Redeem in Bulk Quantity
I would recommend you that you should redeem rewards point in bulk quantity to avoid paying redemption fees each time. To make this easier you can set goals in the SBI card website and mobile app. I redeem only if my points reach 10000or 20000. Here is my present points summary. Favorite
Annual Saving Calculator
You can save up to 3.75% with your Simply Click Credit Card. For calculation, I am taking some standard assumption of spendings as per my understanding. However, It may vary for your spending, but you will definitely get some rough idea of your annual savings.
|Total Expenses in a year||Let Rs.50,000||Let Rs.1,00,000||Let Rs.2,00,000|
|1.Spent online with exclusive partners||Rs.30,000||Rs.60,000||Rs.1,20,000|
|2.Reward on shopping with exclusive partners (10X)||3000||6000||12000|
|3.Other online Spend||Rs.20,000||Rs.40,000||Rs.80,000|
|4.Reward on Other online Spend(5X)||1000||2000||4000|
|5.Reward point to Rupees(1RP = Rs.0.25)||Rs.1000||Rs.2000||Rs.4000|
|6. Milestone benefit||Zero||Rs.2000||Rs.4000|
|7. Annual Fees||Rs.499||Rs.499||Rs.499|
SBI Simply Click Credit Card vs SBI Simply Save Credit Card
|Point||SBI Simply Click||SBI Simply Click|
|Welcome Gift||Amazon Rs. 500||Spend Rs. 2,000 or more in first 60 days and get 2,000 bonus Reward Points|
Spend of Rs 1 lakh
|Cleartrip voucher for Rs 2000||No Voucher|
Spend of Rs 2 lakh
|Cleartrip voucher for Rs 2000||No Voucher|
|Reward Ratio||Rs 0.25||Rs 0.25|
|Reward Points||Up to 10X on online shopping||10X on Departmental stores, Movie, and Grocery|
|Annual Membership Fee||Rs. 499||Rs. 499|
|Annual Membership fee reversal||Spent Rs. 1,00,000 or more||Spent Rs. 1,00,000 or more|
|Made For||Online Shopper||Departmental & Grocery Shopper|
SBI Simply CLICK Credit Card is really a good card for those who spend a lot online. It has Milestone benefits and other various kinds of rewards. Most probably SBI also gives may discount on online and offline shopping apart from rewards points. I would suggest you have one SBI Credit Card in your Wallet. It will definitely impress you if you are an online shopper. There is no better offering than Simply CLICK for online spending If it’s your 1st Credit Card.
For SBI Simply Click Credit Card
on SBI Cards’s Secured Site.
What do you think of SBI Simply CLICK Credit Card? Let me know in the comments below.