SBI Simply Click Credit Card: Apply Now in 2024

SBI Simply Click Credit Card is a popular credit card offered by the State Bank of India (SBI) in partnership with SimplyCLICK.

It is designed to offer multiple benefits and rewards to its users, especially for online shopping.

Here are some of the features and benefits of SBI Simply Click Credit Card:

Welcome Benefits: SBI Simply Click Credit Card offers welcome benefits to its new users. You can get an Amazon gift card worth Rs. 500 on making a minimum spend of Rs. 500 on the card within the first 30 days of card issuance.

Reward Points: You can earn 10X reward points on online spends made at exclusive partners such as Amazon, BookMyShow, Cleartrip, Foodpanda, Lenskart, and UrbanClap. You can also earn 5X reward points on other online spends.

Annual Fee Waiver: The annual fee of the card is Rs. 499, but it can be waived off on spending Rs. 1 lakh or more in the previous year.

Fuel Surcharge Waiver: You can get a fuel surcharge waiver of 1% on fuel transactions between Rs. 500 and Rs. 3,000, up to a maximum of Rs. 100 per statement cycle.

E-Store Vouchers: You can get e-store vouchers worth Rs. 2,000 on achieving annual spends of Rs. 1 lakh and Rs. 2 lakh.

Contactless Payment: SBI Simply Click Credit Card comes with a contactless payment feature, which allows you to make payments by simply tapping your card on the POS machine.

Flexipay: You can convert your transactions into EMIs using the Flexipay facility offered by SBI Simply Click Credit Card.

Overall, SBI Simply Click Credit Card is a good option for those who frequently shop online and are looking for rewards and benefits on their transactions.

SBI Simply CLICK Credit Card: Fees & Charges

Here are the fees and charges associated with the SBI Simply CLICK Credit Card:

Annual Fee: The annual fee for the card is Rs. 499. However, the fee is waived off for the first year for new customers who spend more than Rs. 1 lakh in a year. The fee is also waived off for customers who spend more than Rs. 1 lakh in the previous year.

Interest Rate: The interest rate on the card ranges from 30% to 42% per annum, depending on the usage and payment history of the cardholder.

Late Payment Charges: The late payment charges range from Rs. 100 to Rs. 950, depending on the outstanding balance on the card.

Cash Advance Fee: The cash advance fee is 2.5% of the transaction amount, subject to a minimum of Rs. 500.

Overlimit Charges: The overlimit charges are 2.5% of the overlimit amount, subject to a minimum of Rs. 500.

Foreign Currency Markup: The foreign currency markup fee is 3.5% of the transaction amount.

Card Replacement Fee: The card replacement fee is Rs. 100.

Please note that the fees and charges mentioned above are subject to change from time to time. It is advisable to check the latest fees and charges before applying for the card.

SBI Simply CLICK Credit Card: Eligibility & Documentation

Here are the eligibility criteria and documentation required to apply for the SBI Simply CLICK Credit Card:

Eligibility Criteria:

1. The applicant must be an Indian resident or a Non-Resident Indian (NRI) with a valid Indian address.
2. The minimum age of the applicant must be 21 years.
3. The maximum age of the applicant must be 70 years.
4. The applicant must have a good credit score and a stable source of income.

Documentation:

1. Proof of identity: PAN card, Aadhaar card, passport, voter ID card, or driving license.
2. Proof of address: Aadhaar card, passport, utility bills, or bank statements.
3. Proof of income: Salary slips, bank statements, income tax returns, or Form 16.
4. Passport size photograph.

Please note that the above documents may vary depending on the applicant’s occupation and income type. It is advisable to check with SBI for the latest documentation requirements before applying for the card.

Additionally, SBI may also request additional documentation based on the applicant’s profile and creditworthiness.

Should you get SBI Simply CLICK Credit Card?

Whether or not you should get the SBI Simply CLICK Credit Card depends on your individual financial needs and spending habits. Here are some factors to consider before applying for the card:

Rewards and Benefits: If you frequently shop online, the SBI Simply CLICK Credit Card can be a good choice as it offers attractive rewards and benefits on online spending at popular websites such as Amazon, BookMyShow, Cleartrip, and Foodpanda. However, if you do not shop online frequently, you may not be able to fully utilize the benefits of the card.

Annual Fee: The card has an annual fee of Rs. 499, which can be waived off on spending more than Rs. 1 lakh in a year. If you are not able to spend this amount on the card, you may want to consider a no-fee credit card instead.

Interest Rates: The interest rates on the card can be high, ranging from 30% to 42% per annum, depending on the usage and payment history of the cardholder. If you do not plan to pay your credit card bills in full every month, you may want to consider a credit card with lower interest rates.

Eligibility: To be eligible for the SBI Simply CLICK Credit Card, you must have a good credit score and a stable source of income. If you do not meet these criteria, you may not be approved for the card.

Cards Similar to SBI Simply CLICK Credit Card

FAQ

1. What are the advantages of the SimplyCLICK SBI card?

Here are some advantages of the SimplyCLICK SBI Card:

Rewards and Benefits: The SimplyCLICK SBI Card offers attractive rewards and benefits on online spending at popular websites such as Amazon, BookMyShow, Cleartrip, and Foodpanda. Cardholders can earn up to 10X reward points on online spending, which can be redeemed for various rewards such as vouchers, merchandise, and air miles.

Welcome Bonus: The card also offers a welcome bonus of e-vouchers worth Rs. 500 from Amazon, BookMyShow, or Cleartrip on the first transaction done within 30 days of card issuance.

Annual Fee Waiver: The card has an annual fee of Rs. 499, which can be waived off on spending more than Rs. 1 lakh in a year. This can make the card more affordable for frequent users.

Milestone Benefits: The card offers milestone benefits on spending Rs. 1 lakh and Rs. 2 lakh in a year. Cardholders can earn e-vouchers worth Rs. 2,000 and Rs. 4,000 respectively on achieving these milestones.

Fuel Surcharge Waiver: The card also offers a fuel surcharge waiver of 1% on fuel transactions between Rs. 500 and Rs. 3,000 at all petrol pumps in India.

Contactless Payment: The card comes with a contactless payment feature that allows for faster and more convenient payments at participating merchants.

2. What should I do if I lose my SBI SimplyClick Credit Card?

If you have lost your SBI SimplyCLICK Credit Card, it is important to take immediate action to prevent any unauthorized transactions on your account. Here are the steps you should follow:

Block Your Card: You should immediately block your credit card to prevent any further unauthorized transactions. You can do this by calling the SBI Card helpline number or logging into your SBI Card account online.

File a Police Complaint: You should file a police complaint at the nearest police station, providing details of the lost card.

Inform SBI Card: You should inform SBI Card of the loss of your card by calling the SBI Card helpline number or logging into your SBI Card account online. Provide them with the details of the lost card and the police complaint number.

Verify Transactions: You should verify all transactions made on your card since the last time you used it. If you notice any unauthorized transactions, you should report them to SBI Card immediately.

Request for Replacement Card: You can request for a replacement card from SBI Card. The replacement card will have a new card number and CVV, and will be sent to your registered address.

The SBI Simply CLICK Credit Card is a good option for individuals who frequently shop online and want to earn rewards on their spending.

It offers attractive rewards and benefits on online spending, including a welcome bonus, milestone benefits, and fuel surcharge waivers.

The card also comes with an annual fee that can be waived off on meeting a minimum spending requirement, making it more affordable for frequent users.

However, it is important to note that the card also has some drawbacks, including limited rewards categories and a high interest rate on outstanding balances.

Additionally, the eligibility criteria and documentation requirements may be strict for some individuals.

Overall, the SBI Simply CLICK Credit Card can be a good choice for individuals who are looking for a credit card that offers rewards and benefits on their online spending.

However, it is important to carefully read and understand the terms and conditions of the card before applying, and to compare it with other credit cards in the market to find the best option that meets your specific needs and preferences.