SBI credit cards have become an essential part of our lives, and students are no exception. With the increasing cost of education and daily expenses, students need a credit card that can help them manage their finances efficiently.
However, choosing the best credit card for students can be a daunting task, considering the plethora of options available in the market.
To make things easier for students, this article will highlight the best SBI credit cards that are specifically designed for students.
These credit cards come with various benefits such as cashback, reward points, discounts, and much more. By choosing the right credit card, students can not only manage their finances but also earn rewards on their everyday expenses.
So, whether you are a college student or a working professional pursuing higher studies, read on to find out which SBI credit card is the best for you.
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Eligibility Criteria for SBI Student Credit Cards
To apply for an SBI Student Credit Card, the applicant must meet certain eligibility criteria. The following are the standard eligibility requirements for SBI Student Credit Cards:
- The applicant must be a student pursuing a full-time course at a recognized institution.
- The minimum age of the applicant should be 18 years.
- The applicant must have a good credit score and a stable income source.
- The applicant must have a savings account with SBI.
In addition to the above requirements, the applicant may need to provide additional documents such as proof of identity, proof of address, and proof of income.
It is important to note that each SBI credit card has its own eligibility criteria, and the requirements may vary depending on the type of card.
Therefore, before applying for an SBI Student Credit Card, it is recommended to carefully read and understand the eligibility criteria for the specific card.
Overall, SBI Student Credit Cards are a great option for students who want to build their credit history and enjoy the benefits of a credit card.
With a wide range of rewards and benefits, SBI Student Credit Cards are an excellent choice for students who want to manage their finances and enjoy the convenience of a credit card.
Best SBI Credit Cards for Students
When it comes to credit cards for students, SBI offers a range of options to choose from.
Here are some of the best SBI credit cards for students:
SBI Simply Click Credit Card
The SBI Simply Click Credit Card is a great option for students who frequently shop online. This card offers rewards and discounts on popular e-commerce websites such as Amazon, BookMyShow, and Cleartrip. Cardholders can earn 5X reward points on online spends and get a welcome gift voucher worth Rs. 500 from Amazon.
SBI Simply Save Credit Card
The SBI Simply Save Credit Card is another great option for students who want to save money while using their credit card. This card offers cashback on everyday expenses such as groceries, dining, and fuel. Cardholders can earn 1% cashback on all spends and get a welcome gift voucher worth Rs. 500 from Amazon.
SBI Student Plus Advantage Card
The SBI Student Plus Advantage Card is exclusively designed for students who have taken an education loan from SBI. This card offers a range of benefits such as no annual fee, cashback on education-related expenses, and discounts on books and stationery. Cardholders can earn 2.5% cashback on education-related spends and get a waiver on the first-year annual fee.
SBI Unnati Credit Card
The SBI Unnati Credit Card is a great option for students who are new to credit cards. This card is free for the first four years and offers cashback on dining and fuel expenses. Cardholders can earn 1% cashback on all spends and get a waiver on the annual fee for the first four years.
Overall, SBI offers a range of credit cards for students with different needs and preferences. Students should choose a card that suits their spending habits and offers the best rewards and benefits.
Benefits of Using SBI Credit Cards for Students
SBI offers a range of credit cards that cater to the needs of students. These credit cards come with several benefits that make them an ideal choice for students. Here are some of the benefits of using SBI credit cards for students:
Reward Points and Cashback Offers
SBI credit cards offer reward points and cashback offers on every transaction made using the card. This means that students can earn reward points and cashback on their daily expenses such as groceries, fuel, and online purchases.
These reward points can be redeemed for various products and services, including movie tickets, gift vouchers, and more. Cashback offers, on the other hand, can be used to pay off the outstanding balance on the credit card.
No Annual Fee and Low-Interest Rates
SBI credit cards for students come with no annual fee, which means that students do not have to pay any fee to use the card.
Additionally, SBI offers low-interest rates on its credit cards, which makes it easier for students to manage their finances. The low-interest rates also ensure that students do not accumulate a large amount of debt on their credit card.
In conclusion, SBI credit cards for students offer several benefits that make them an ideal choice for students. With reward points, cashback offers, no annual fee, and low-interest rates, SBI credit cards can help students manage their finances effectively.
How to Apply for an SBI Student Credit Card
Applying for an SBI Student Credit Card is a simple and straightforward process.
Here are the steps to follow:
- Visit the SBI website and navigate to the student credit card section.
- Read the terms and conditions carefully to ensure that you meet the eligibility criteria.
- Click on the “Apply Now” button to start the application process.
- Fill in the required personal and academic details in the application form.
- Upload the necessary documents, including your identity proof, address proof, and proof of income or financial support.
- Review the application form and documents to ensure that all the information provided is accurate and complete.
- Click on the “Submit” button to submit the application.
Once your application is submitted, it will be processed by the bank. You will receive a confirmation message or email once your application is approved. The credit card will be dispatched to your registered address within a few working days.
It is important to note that the approval of your application is subject to the bank’s discretion and policies. It is advisable to maintain a good credit score and financial discipline to increase your chances of getting approved for an SBI Student Credit Card.
Can I Get SBI Credit Card As A Student?
Yes, students are eligible to apply for SBI credit cards. However, the eligibility criteria may vary depending on the type of card and the applicant’s age, income, and credit score. It is recommended to check the eligibility criteria before applying for a credit card.
Which SBI Credit Card is Best For Students?
SBI offers various credit cards that are suitable for students. One of the best options is the SBI Student Plus Advantage Card, which is designed specifically for students. It offers benefits such as cashback on dining, movies, and groceries, as well as discounts on shopping and travel.
Another good option is the SBI SimplyCLICK Card, which offers rewards on online shopping and e-commerce transactions. It also provides benefits such as fuel surcharge waiver, milestone rewards, and discounts on dining and entertainment.
It is important to consider the features and benefits of each card and choose the one that best suits your needs and spending habits. It is also recommended to maintain a good credit score and pay the bills on time to avoid any penalties or charges.
In conclusion, SBI offers a variety of credit cards that are tailored to meet the needs of students. These cards come with benefits such as cashback, reward points, and discounts on various categories like dining, shopping, and entertainment.
The SBI Student Plus Advantage Card is a great option for students who are looking for a credit card that offers rewards and discounts on their everyday expenses. The card offers 2.5% cashback on all purchases made at departmental stores, grocery stores, and supermarkets. Additionally, it also offers 1 reward point for every Rs. 100 spent on other categories.
The SBI SimplyCLICK Card is another great option for students who love to shop online. The card offers 5X reward points on online spends and also provides discounts on various e-commerce websites such as Amazon, BookMyShow, and Cleartrip.
Lastly, the SBI Card PRIME is a premium credit card that offers a host of benefits such as lounge access, travel benefits, and reward points on all spends. While it may not be suitable for all students, it is a great option for those who travel frequently and want to enjoy luxury benefits.
Overall, when choosing a credit card, students should consider their spending habits and choose a card that offers benefits on the categories they spend the most on. SBI credit cards for students are a great way to build credit history and earn rewards while managing expenses.