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IDFC FIRST Millennia Credit Card Reviewed – Benefits and Apply Now

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The IDFC First Millennia Credit Card is one of the entry-level credit cards in India that offers amazing benefits and features to all eligible credit cardholders. It is a reward-based credit card and offers great reward points through its various reward programs. As a cardholder, you get to enjoy 10 times reward points on purchases using your IDFC First Millennia card and these points do not expire.

Using the IDFC First Millennia credit card opens you up to a lot of amazing offers both online and offline for convenience while you shop from your favorite Indian or foreign websites. Furthermore, if you are an avid traveler and love using trains as a comfortable means of transportation, then this credit card is the best choice to go for, it offers 4 complimentary lounge access at Railway stations across India for every quarter of the year.

You will enjoy a luxurious lifestyle using this base-level credit card with wonderful travel experiences. Consequently, the card also gives you access to discounts on movies up to 25%, dining up to 20%, complimentary benefits and so much more. The greatest part of owning this credit card is the fact it is free for a lifetime with no annual renewal fees. How awesome! Check out more of the benefits and features below.

IDFC FIRST Millennia Credit Card – Main Highlights

Purpose Shopping & Rewards
Joining/ Renewal Fee Rs. 499 + GST
Eligibility ·         Resident or Non-Resident Indian (Employed or Self-Employed)

Age: 21 Years Above

Monthly Net Income: Rs. 3 Lakh or more

Credit Score: 700 or more (No Defaults)
Credit Card Type Reward Points
Benefits ·         5% cashback reward points on first EMI transaction on first EMI up to Rs. 1000

·         Rs. 500 worth of welcome vouchers on Rs. 15,000 spent within 90 days of getting the card

·         20% discount at over 1,500 restaurants in India

·         25% discount on all movie tickets using the Paytm app once a month up to Rs 100

·         3 reward points for every offline transaction from Rs. 150

·         6 reward points for every online transaction from Rs. 150

·         10 reward points for every Rs. 150 spent on transactions above Rs. 20,000

·         4 complimentary lounge access at railway stations 4 times every quarter of the year worth Rs. 1399

·         4 annual roadside assistance services worth Rs. 1399

·         Rs. 2 Lakhs worth of Personal Accidental Insurance Cover for all active cardholders

·         Up to Rs. 25,000 insurance cover on all lost cards

IDFC FIRST Millennia Credit Card – Features and Benefits

The IDFC FIRST Millennia credit card is designed specifically for the younger generation and for those who are fresh into employment and also their careers or first-time credit card users who are enthusiastic about shopping.

So, as an individual, if you fall within the category of online or offline shoppers who love to spend on dining, entertainment, and so much more; then this is the perfect credit card for you. It is an amazing credit card that offers amazing benefits, some of which are as follows:

  • You get to enjoy a welcome benefit of up to Rs. 500 worth of gift vouchers for every Rs. 15,000 you spend or more within 3 months of getting your credit card. It is another way to get rewards while spending on your favourite things.
  • There is a 25% discount once every month on all movie tickets purchased using the Paytm app. This is another way to keep you entertained while also getting back rewards on ticket purchases.
  • You get to also enjoy a 5% cashback of not more than Rs. 1,000 for your first EMI transaction within the first three months from when your credit card is issued.

Joining & Annual Charge

With the IDFC FIRST Millennia Credit Card, there are no joining nor annual renewal fees for cardholders. It is free for a lifetime with great benefits and suitable for young adults looking for credit cards with such benefits for a lifetime.

Eligibility

To be eligible for the IDFC FIRST Millennia Credit Card, you have to be at least 21 years of age both as a resident or non-resident Indian either Employed or Self-Employed. You must have a minimum annual income of 3 Lakhs or more and a good credit score of at least more than 700 with no previous payment defaults.

Annual Charge Waiver

The IDFC FIRST Millennia credit card is free for all eligible applicants who want to rip the benefits of this credit card on shopping and a whole lot more. There are no joining or renewal fees associated with this credit card therefore making it a wonderful card for starters.

Dining Benefits

You get to benefit from the huge 20% discount on all bill payments at more than 1,500 restaurants all over India while feasting on your favourite meals without any problems to worry about.

Movie Benefits

There is a discount of 25% on all movie tickets purchased via the Paytm app. It is applicable once per month and up to Rs. 100 to enable you to enjoy your favourite movies.

Travel Benefits

If you love to travel a lot as a young adult, then the IDFC FIRST Millennia credit card has a great deal for eligible cardholders in the aspect of travel. With this card, you get to enjoy 4 complimentary Railway Lounge Access 4 times per quarter.  This is the best way to enjoy luxurious travel within India using rail transportation without any hassle. S

ome of the railway stations with executive lounges include Ahmedabad Kalupur Railway Station, Agra Cantt Railway Station, New Delhi Railway Station, Kolkata (Sealdah) Railway Station, Jaipur Railway Station, Varanasi Cantt Railway Station and many more. To enjoy this offer, you have to show your train ticket and valid ID card so make sure to prepare and not lose out.

Insurance Benefits

As an IDFC First Millennia credit cardholder, you are entitled to a Personal Accident Cover which is available in case you are involved in an accident and the insurance cover is worth Rs. 2 Lakhs. You also get insurance coverage on unauthorized transactions on your lost or stolen credit cards to the tune of Rs. 25,000. This insurance covers only active credit cards that are still in use.

Milestone Benefits

You get reward points up to 10 times upon reaching Rs. 20,000 or more transactions using your IDFC FIRST Millennia credit card. Furthermore, there is a 10X offer of reward points on all transactions on your birthday. Also, you get 6X reward points on all online transactions, and 3X reward points on all offline payments up to Rs. 20,000.

Required Documents

Just like any other bank card, you want to apply for, you have to make available all necessary documents required to validate your application. To, get the IDFC FIRST Millennia credit card, you need the following for the IDFC Bank to process your credit card application:

  • Proof of Address: Aadhar Card, Passport, Driver’s License, Voter ID Card, Utility bills, or any approved ID.
  • Proof of Identification: Voter ID Card, Aadhar Card, PAN Card, Driver’s License, or any government-approved ID.
  • Proof of Income: Salary slips (at least three months) or Bank Statement (at least three months) or ITR (for self-employed applicants).

Additional Features of IDFC FIRST Millennia Credit Card

  • Interest Rates: The credit card offers low-interest rates ranging from 0.75% to 3.5% monthly or 9% to 42% annually.
  • Foreign Exchange Rates: All card foreign currency payments for items or subscriptions using this credit card are charged an extra 3.5% of the total amount.
  • Cash Withdrawal Fees: You will enjoy zero charges on ATM withdrawals for up to 48 days after which Rs. 199 will apply to every cash withdrawal at ATMs both domestic and international.
  • Fuel Surcharge Waiver: There is a 1% fuel surcharge waiver applied when using your IDFC FIRST Millennia credit card at all stations within India up to Rs. 200 per month. This is applicable on transactions from Rs. 200 and Rs. 5,000.
  • Health & Wellness: You get to enjoy a 15% discount at more than 3,000 partner Health and wellness centres which is a great way to keep fit.
  • Over-Limit Charges: You will be charged 2.5% or Rs.500 (whichever is higher) when you cross your credit card limit known as over-limit.
  • Late Payment Fee – A minimum of Rs. 100 and a maximum of Rs. 1,250 or 15% of your total monthly repayment balance due will be charged when you default on payments. The late payment fee depends on your total amount due but will not exceed between Rs. 100 and Rs. 1,250 as the case may be.

NOTE: Reward Points can be redeemed anytime due to the fact they never expire and can be accumulated over time for use in the future.

Conclusion

Based on the fact the IDFC FIRST Millennia Credit Card is a base-level card, it doesn’t feel like one with its many benefits and amazing features to keep you wanting to spend more on shopping, movies, and so much more.

With its special reward program, you get to accumulate all your reward points because they don’t expire and can be used at any point in time to pay for stuff online and offline.

You get to enjoy benefits on travel, movies, fuel surcharge waivers, lifestyle, insurance coverage, and many more. So, as a new credit card applicant looking for a lifetime card without joining and renewal fees, and lots of reward points as you make purchases, this should be your first option.  Although, you can also check out other credit cards that offer exclusive benefits such as the IDFC FIRST Classic Credit Card.

American Express SmartEarn Credit Card – How to Apply

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The American Express SmartEarn Credit Card was introduced by American Express specifically for Millennials within India. The credit card reward points programme is amazing such that it makes this card one of the most used in the country. If you love shopping from online or offline established brands, this is your go-to credit card.

This is an affordable card for beginners who want to gain reward points off their spending online and offline in an accelerated way. Making payments on brands or websites such as Flipkart, Uber, Amazon and so many more allows you to tap into the fast-track membership reward points whereas you can also earn from normal retail transactions from your local stores within and outside the country.

American Express SmartEarn Credit Card

The joining fee for the American Express SmartEarn Credit Card is pegged at Rs. 495 plus taxes and an annual renewal fee of Rs. 495 plus taxes. Both the joining and annual renewal fees can be waived once you spend Rs. 40,000 or more in the previous year. It is a great option for anyone young and wanting to possess an American Express SmartEarn Credit Card for the value it gives you on shopping. It has a zero-liability feature that allows users to relax even when their credit card is stolen or lost, once it is reported to the bank for fear of unauthorised debit.

Some small stores do not accept the use of American Express Cards because it requires a special machine that accepts 15-digit cards while other EDC machines accept Visa and Mastercard which has 16-digit card numbers. Other than that, it is an amazing credit card to use for your day-to-day shopping and online payments.

American Express SmartEarn Credit Card – Main Highlights

Purpose Shopping & Rewards
Joining/ Renewal Fee Rs. 495 + GST
Eligibility ·         Resident or Non-Resident Indian

Employed

Age: 18 Years and Above

Annual Income: Rs. 4.5 lakhs

Credit Score: 700 or more (No Defaults)

Self-Employed

Age: 18 Years and Above

Annual Income: Rs. 6 lakhs and above

Credit Score: 700 or more (No Defaults)
Credit Card Type Reward Points
Benefits
  • Rs. 500 in cashback from eligible transactions of Rs. 10,000 within the first 90 days your card is issued
  • 1 Reward point on every Rs. 50 transactions using your credit card with an exception on fuel, insurance, cash transactions, utilities, and EMI conversions
  • 10X fast reward points on Flipkart, Amazon, and Uber
  • 5X reward points on each Rs. 50 transactions Paytm Wallet, Swiggy, BookMyShow, PVR Cinemas, Myntra, Blink it, Big Bazaar, and other partner brands
  • Spend up to Rs. 40,000 or more to get a waiver on annual renewal fees

American Express SmartEarn Credit Card – Features and Benefits

The American Express SmartEarn Credit Card is a fully packed card that offers you amazing reward points on all transactions. With an affordable annual joining fee of Rs. 495 and a renewal fee of the same amount (Rs. 495+GST) including taxes, there are a lot of benefits that come with owning this card.

It is highly recommended for young adults looking for their first credit card. Reward points can be redeemed against products or vouchers from the reward catalogues provided by the bank and its partner brands. You will also enjoy welcome bonus cashback and vouchers when you hit your spending milestones. Some of the main benefits include the following:

  • You can enjoy up to 10 times reward points on every purchase you make using your American Express SmartEarn Credit Card. There are 10X reward points on every Rs 50 you spend buying stuff online and offline as long as you pay with your card on Amazon, Uber, and Flipkart.
  • With this AMEX SmartEarn Credit Card, you also get 5 times membership reward points on Swiggy, BookMyShow, PVR, Grofers, Myntra, Big Bazaar, Paytm Wallet, Jabong, and many more.
  • You get 1 membership reward point for every transaction in the amount of Rs. 50 on other categories which do not apply to insurance, cash transactions, fuel, EMI transactions at the point of sale, and utilities.

Joining and Renewal Charge

To get the American Express SmartEarn Credit Card, you will be charged Rs. 495 + applicable taxes, you also get to pay an annual renewal fee which is charged at the same amount (Rs. 495+GST) the following year. This is very affordable for youngsters looking to begin the credit card journey.

Eligibility

To be eligible for the American Express SmartEarn Credit Card, you must be an Indian citizen, 18 years old with a savings or current account in any Indian or International Bank. You also need to be salaried or self-employed with a good credit score of 700 and above without any previous credit default.

Salaried applicants need an annual income of Rs. 4.5 Lakhs and Rs. 6 Lakhs for self-employed with a company that has been trading for more than 12 months. You also need to be a citizen of any of these Indian cities: Mumbai, Bangalore, Pune, Delhi/NCR, Lucknow, Ludhiana, Nagpur, Mysuru, Chennai, Hyderabad, Ahmedabad, Surat, Vadodara, Indore, Jaipur, Coimbatore, Chandigarh, Trivandrum and Nasik.

Welcome Benefit

The AMEX SmartEarn Credit Card comes with a welcome bonus which you get to enjoy when you spend Rs. 10,000 or more in the first 3 months after paying the joining fee. You will get Rs. 500 cashback credited to your statement as a welcome gift. All transactions are eligible for this bonus except cash advances, express cash transactions, drafts, balance transfers, and fees. It is a great way to spend and save.

Movie and Dining

There is a 5X reward point benefit for cardholders who spend on BookMyShow and Swiggy, these rewards are capped at a combined 250 points maximum for all partner brands. This means you can’t get more than 250 reward points across all the partner brands offering 5X benefits.

Milestone Benefit / Renewal Charge Waiver

As a card user, once you spend up to Rs. 40,000 or more you qualify for an annual membership charge waiver. This means that the next year’s card will be free of charge.

Spend-Based Reward

You can earn up to Rs. 1,500 of vouchers through the spend-based benefit when you spend Rs.2.40 Lakhs within the year of card issuance using your American Express SmartEarn credit card.

  • When you spend up to Rs. 1.20 Lakhs within your card anniversary year, you enjoy a Rs. 500 gift voucher to use at partner brands.
  • Hit a milestone of Rs. 1.80 Lakhs in spending and you will get another Rs. 500 voucher to spend.
  • There’s also an extra Rs. 500 voucher when you spend up to 2.40 Lakhs using your credit card for online and offline transactions.

You can use all the vouchers to shop from top brands such as Flipkart, PVR, Amazon, Lifestyle, Uber, Shoppers Stop, Costa Coffee, MakeMyTrip, and Myntra.

Fuel Surcharge Waiver

The AMEX SmartEarn Credit Card offers you a 1% waiver on fuel surcharge at Hindustan Petroleum stations across India, this is only applicable to transactions from Rs. 5,000 and above.

Required Documents

You are required to prepare the following documents before you start your credit card application. This will enable the American Express Bank to process your application

  • Proof of Address: Driver’s License, Utility bills, Passport, Voter ID Card, Aadhar Card, or any approved ID.
  • Proof of Identification: PAN Card, Aadhar Card, Driver’s License, Voter ID Card, or any government-approved ID.
  • Proof of Income: Salary slips (3 months), Bank Statement (3 months) or ITR (for self-employed applicants).

Additional Features of IDFC FIRST Millennia Credit Card

  • Foreign Exchange Rates: Using the AMEX SmartEarn Credit Card for foreign currency transactions will attract 3.5% of the total amount for each international payment.
  • Interest Rates: There is a 3.5% monthly interest rate on the credit card.
  • Cash Withdrawal Fees: You will be charged 3.5% on every amount withdrawn which is subject to a minimum of Rs. 250 per withdrawal depending on which is higher.
  • Interest-free period: There is up to 48 days of interest-free period subject to the American Express Bank terms and conditions.
  • EMI: You can convert your purchases into EMI with a low-interest rate of 16% per annum at the point of sale and zero foreclosure fees.
  • Add-on Card Fee: The credit card offers cardholders the ability to add 1 complimentary card at the rate of Rs. 250 per card.
  • Zero Liability: In case of theft or lost cards, the American Express SmartEarn Credit Card offers zero lost card liability if your card is reported missing within working 3 days.  You only get Rs. 1,000 maximum liability cover if you report after 3 days.

Conclusion

In conclusion, the American Express SmartEarn is a base-level credit card for beginners who want the first-time experience of having one. It is a great option for shopping enthusiasts who love shopping online and also yearn for rewards.

The AMEX SmartEarn credit card offers amazing benefits and gift vouchers including reward points for every online purchase made via the top partner brands such as Amazon, Flipkart, Uber, Myntra, and many more.

You also get to enjoy fee waivers, fuel benefits, cashback and so much more. It is a good option for anyone looking for a credit card with a low annual fee, earning rewards more than cashback, welcome benefits, and an annual card renewal fee waiver.

IndusInd Legend Credit Card – Benefits and How to Apply

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The IndusInd Legend Credit Card is a premium card specifically made for affluent people and it offers unlimited free lifetime usage with no joining or annual fees. New IndusInd Legend Credit Card holders get a welcome bonus in gift vouchers from major brands, complimentary hotel stays, and so much more. With this credit card, cardholders earn 1 reward point for every Rs. 100 transaction which can be redeemed against numerous options such as Airmiles, gift vouchers, statement cash, and so much more.

There are milestone reward points apart from the regular reward points which can go up to 4,000 bonus points when the milestone on spending is achieved. IndusInd Legend Credit Card offers amazing travel experiences with complimentary domestic airport lounge access every quarter of the year, priority pass program membership and access to more than 1,000 premium lounges across the globe. Other benefits include complimentary golf sessions at some of the best golf courses in India.

IndusInd Legend Credit Card – Main Highlights

Purpose Travel & Shopping
Joining/ Renewal Fee Nil
Eligibility Resident or Non-Resident Indian

Employed

Age: 21-60 Years

Minimum Income: Rs. 20,000 per month

Credit Score: 700 or more (No Defaults)

Self-Employed

Age: 21-60 Years

Minimum Income: Rs. 20,000 per month

Credit Score: 700 or more (No Defaults)
Credit Card Type Reward Points
Benefits
  • Special welcome benefits include gift vouchers from Luxe, Montblanc, Postcard Hotels, Oberoi Hotels, and many other brands.
  • 2 Complimentary visits to over 600 domestic airport lounges in India every quarter of the year
  • High-reward points on all weekend transactions
  • Priority Pass Membership for premium lounge access across the globe
  • 8 Complimentary international airport lounge access with Travel Plus Programme
  • 24-hour Concierge and Auto Assistance services
  • Enjoy Buy 1 Get One Free offer on BookMyShow movie ticket purchases
  • 4,000 Reward Points bonus on milestone spends worth Rs. 6 Lakhs or more
  • 1% fuel surcharge waiver across all India filling stations
  • 1.8% low foreign currency charge
  • Rs. 25 Lakhs Complimentary Air Accidental Cover for cardholders
  • Zero Cash Advance fees at ATM withdrawals

IndusInd Legend Credit Card – Features and Benefits

IndusInd Legend is a great credit card for those who have the means, the affluent and the well-to-do. The card comes with so many benefits and features that make it one of the best for individuals who love to travel and shop.

IndusInd Bank Legend offers benefits under multiple categories, including travel, dining, shopping and more. The features and benefits of this credit card are as follows:

Some of these benefits and features include the following:

  • After successfully paying the joining fee on your IndusInd Legend Credit Card, you will receive a Luxe gift card for you to enjoy.
  • There are gift vouchers from many premium brands such as Yatra, Urban Ladder, Hush Puppies, Charles Keith, Louis Philippe, and many more.
  • You also get Vouchagram discount vouchers to use on e-merchant stores and top brands such as Amazon, Ola, Zee5, Flipkart, Uber, Apollo Pharmacy, and many more.
  • There are also complimentary gift vouchers from Mont Blanc valid for 6 months and can be used at Mont Blanc retail stores.

NOTE: The above benefits are only available on select fee plans for the IndusInd Legend card.

Joining and Renewal Charge

IndusInd Legend Credit Card is a lifetime free card specially made for high-net-worth individuals by the IndusInd Bank. If you apply for this credit card you do not have to pay any joining fee and no annual renewal fees.

Eligibility

To be eligible for the IndusInd Legend Credit Card, you must be 21-65 years of age, have a good credit score of 700 and above, and monthly income of Rs. 20,000.

Movie and Dining

With your IndusInd Legend Credit Card, you will be able to enjoy a Buy-One-Get-One-Free (BOGO) offer when you buy movie tickets from BookMyShow.  This offer is for 1 free ticket monthly which is capped at Rs. 200. You will also get an additional discount of Rs. 50 if you choose the food and beverage options.

Travel Benefits

There are travel benefits that come with the IndusInd Legend credit card such as 2 complimentary access every quarter of the year at domestic airport lounges in India. You also get free Priority Pass Membership to over 600 international and domestic airport lounges.

With a registration fee of Rs. 5,000, you get the Travel Plus program which offers waivers on charges at 8 international lounges yearly. Once you exceed the free limits for the 8 international lounges, you will be charged $27 for access.

Milestone Benefit

With your IndusInd Legend Credit Card, you get up to 4,000 reward points when you hit the milestone spend limit of Rs. 6Lakhs and more in the first year of card issuance. This offer applies to your primary and add-on spending and all your bonus points will be made available within 45 days after you complete a year.

Insurance Benefits

You also get insurance coverage for Air Accidents worth about Rs. 25 Lakhs using your IndusInd Legend Credit Card to book air tickets. It also covers lost baggage, delayed baggage, lost passports, lost tickets, and missed connections from Rs. 25,000 to Rs. 1,00,000.

Concierge Benefits

There is a concierge service that comes with owning the IndusInd Legend Credit Card. You get 24-hour assistance which includes hotel reservations, flowers and gifts, flight booking, sports and entertainment booking, exclusive booking and many more.

Fuel Surcharge Waiver

You also enjoy a 1% fuel surcharge waiver up to Rs. 2,400 on all fuel transactions at all Indian filling stations in partnership with IndusInd Bank.

Required Documents

The following documents are required sto get your IndusInd Legend Credit Card application approved by the IndusInd Bank. These documents include the following:

  • Proof of Address: Passport, Voter ID Card, Driver’s License, Utility bills, Aadhar Card, or any approved ID.
  • Proof of Identification: Voter ID Card, PAN Card, Aadhar Card, Driver’s License, or any government-approved ID.
  • Proof of Income: Salary slips (3 months), Bank Statement (3 months) or ITR (for self-employed applicants).

Additional Features of IDFC FIRST Millennia Credit Card

  • Foreign Exchange Rates: The foreign exchange rate for foreign currency transactions online and offline is pegged at 1.80% of the total amount for all international payments.
  • Interest Rates: The interest rate on the credit card is 3.83% per month and 46% per year.
  • Cash Withdrawal Fees: There is a 2.5% fee charged on the withdrawal amount at ATMs at a minimum of Rs. 500 depending on which is higher.
  • Zero Liability: For cases of theft or in the event you lose your card, there is a lost card liability which applies 2 days before you report to the bank up until 7 days after.

Conclusion

In all honesty, the IndusInd Bank Legend Credit Card is a premium credit card for top earners and it offers lifetime free access without any joining or annual renewal charges. It also allows cardholders the benefits of world-class treatments for those who love to travel within and outside India.

It is a great option as it offers free access to airport lounges, concierge services, low foreign currency markup on international transactions, and amazing bonus reward programs. You get welcome benefits as soon as you get your IndusInd Legend Credit Card with milestone benefits when you hit a mark within the year of issuance and so much more.

Furthermore, there are bonus gift vouchers that can be used at top brands such as Uber, Flipkart, Mont Blanc, Vouchagram, BookMyShow, and so much more. So, if you want a card with premium benefits, then the IndusInd Bank Legend Credit Card is your best bet.

SBI SimplyClick Credit Card – Review and Benefits

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The SBI SimplyClick Credit Card is designed specifically for fresh employees and entrepreneurs seeking a convenient and flexible shopping experience, both online and offline. As one of the top choices in the entry-level category of SBI Credit Cards, the SimplyClick card is highly sought after by first-time credit card users due to its rewarding features.

This card offers numerous benefits, particularly for online shopping transactions. Users can earn reward points at an accelerated rate of up to 10x when making purchases on popular websites like Apollo24x7, BookMyShow, Lenskart, Cleartrip, and Dineout.

SBI SimplyCLICK Credit Card Reviewed

The Amazon shopping reward points on the card used to be 10x, but they have now been reduced to 5x. Similarly, all online transactions from other platforms also receive 5x reward points. However, offline spends only earn a single reward point for every Rs. 100 spent. These reward points can be redeemed for exciting offers and discounts, which adds value to the card.

It’s important to note that this credit card is considered entry-level, so the annual card renewal charge is minimal at Rs. 499 compared to other credit cards in the same category. While the SBI SimplyClick card is a great option, it does not provide travel, dining, or movie benefits like other premium and lifestyle credit cards. However, it does offer Rs. 4,000 worth of gift vouchers annually as long as cardholders meet the required spending thresholds.

SBI SimplyClick  Credit Card

Purpose Shopping & Rewards
Joining/ Renewal Fee Rs. 499 + GST
Eligibility ·         Resident or Non-Resident Indian (Employed)

Age: 18 – 65 Years

Monthly Net Income: Rs. 20,000

·         Resident or Non-Resident Indian (Self-Employed)

Age: 18 – 65 Years

Monthly Net Income: Rs. 20,000 (based on ITR)
Credit Card Type Reward Points
Benefits ·         Rs. 500 worth of welcome benefits in Amazon gift vouchers

·         10X reward points for all online purchases via partner merchants such as BookMyShow, Apollo24x7, Lenskart, Cleartrip, Dominos, Eazydiner, Myntra, Netmeds, and Yatra.

·         5X reward points for all online transactions on other platforms using the SBI SimplyClick Credit Card

·         Rs. 4,000 worth of ClearTrip e-vouchers for annual transactions of Rs. 2,00,000 and above

·         1 reward point on every Rs. 100 on all offline transactions (except fuel)

·         Waiver on Rs. 499 annual charges if annual transactions reach Rs. 1,00,000 or more

·         1% waiver on fuel surcharge for all transactions across India from Rs. 500 to Rs. 3,000

SBI SimplyClick Credit Card – Features and Benefits

All credit cards have their various features and the SBI SimplyClick card is not an exception. It is equipped with some exciting advantages which is evident as the most sought-after entry credit card in the country with features such as reward programs, welcome bonuses, milestone benefits, and so much more. Below are the main benefits and features of the credit card:

  • Using the SBI SimplyClick Credit Card offers you a welcome benefit worth Rs. 500 in Amazon gift vouchers once you pay for your new card. The voucher is usually valid for 12 months and is sent to your mobile number within one month from the day you pay the joining fee.

Joining & Annual Charge

The SBI SimplyClick Credit Card requires a joining fee of Rs. 499 for the first year which is renewed after 12 months for Rs. 499 the next year.

 Eligibility

Eligibility is subject to change based on the State Bank of India (SBI) terms and policy. To apply for the SBI SimplyClick credit card you have to be a citizen or resident in India from the ages of 18 to 65 years either employed or self-employed with a monthly net income of Rs. 20,000 respectively.

Annual Charge Waiver

If your total transactions for the previous year on your SimplyClick credit card are Rs. 1 lakh or above, you will be eligible for a waiver on the renewal fee of Rs. 499 for the next year. This means you won’t have to pay the renewal fee if you meet the spending criteria.

Dining Benefits

There are no discounts at diners while using this SimplyClick credit card but effective from 1st August 2023 cardholders started enjoying the 10X reward points from online transactions at Dominos, although Easydiner was effective on December 10, 2021.

Milestone Benefits

  • You will get 10X reward points on all online transactions via partner brand websites such as BookMyShow, Apollo24x7, Eazydiner, Lenskart, Cleartrip, Dominos, Myntra, Netmeds, and Yatra.
  • Get Rs. 2,000 ClearTrip e-voucher on 1 Lakh annual spend.
  • Get another Rs. 2,000 ClearTrip e-voucher on 2 Lakh annual spend

Required Documents

For every credit card or bank application, there are always requirements to be met by customers and the SimplyClick Credit Card is no different. To get the credit card, you need to have the required documents before your application is processed. Below are the documents required:

  • Proof of Identity (Aadhaar Card, PAN card, Driving license, Passport, or any approved ID by the government)
  • Proof of income (Bank Statement (not more than 3 months), Form 16, Salary Payslip (not more than 3 months) or a copy of Income Tax Return)
  • Residence proof (Passport, Ration Card, Aadhar Card, Electricity bill, or Landline telephone bill)

Additional Features of SBI SimplyClick Credit Card

  • Zero Liability: Using the SBI SimplyClick Credit Card offers cardholders zero liability protection against unauthorized transactions on the card after it has been reported missing or stolen to the card issuer appropriately.
  • Interest Rates: Like every other credit card out there, the SimplyClick credit card offers a 3.5% monthly interest on the credit statement, and a total of 42% annually.
  • Foreign Exchange Rates: A 3.5% exchange rate is applicable for all foreign currency payments using the SBI SimplyClick Credit Card online and offline.
  • Cash Withdrawal Fees: For every cash withdrawal at the ATM using the SBI SimplyClick credit card, you will incur a charge of 2.5% or Rs.500 of the amount withdrawn, whichever is higher both at domestic and international ATMs.
  • Fuel Surcharge Waiver: There is a waiver of 1% on fuel surcharge across every fuel station in India on transactions from Rs. 500 and Rs. 3,000. The benefit is capped at Rs. 100 every month.

NOTE: Please these are just basic procedures for applying to get the SimplyClick Credit Card but the card issuer reserves the right to deny or approve your application.

Conclusion

In summary, the SBI SimplyClick Credit Card is a brilliant option for first-time credit card users who want something convenient and flexible from the entry-level class with high rewards on both online and offline transactions. With its attractive reward point system, you will enjoy 10X reward points from transacting via partner brand sites such as Myntra, Yatra, Netmeds, Dominos, EasyDiner, BookMyShow, Apollo24x7, Lenskart, and Cleartrip.

So, as a first-time millennial credit cardholder, you get a low-cost signup & renewal fee of just Rs. 499 with rewarding and enjoyable shopping experiences. If you are an avid online shopper who wants to benefit from the rewards of shopping, then the SimplyClick Credit Card is your best option. Ensure to check out the criteria for eligible applicants before you apply.

Filed Under: SBI

OneCard Credit Card Reviewed – Benefits and How to Apply

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OneCard is a base-level credit card which st

arted as a result of partnerships by the issuer FPL Technologies Pvt. Ltd a fintech startup and other banks such as the Federal Bank, SBM Bank, IDFC First Bank, South Indian Bank, CSB Bank, and BOB Financial. The card is India’s most sought-after metal credit card and it’s available as both a secure and unsecured credit card depending on the terms met by applicants.

So, in situations where the bank confirms you are ineligible based on your income and credit score, SBM Bank offers you an alternative credit card known as a secure card where you pay a fixed deposit as collateral. The OneCard offers you the opportunity to earn Reward Points on all your transactions. Every purchase made from Rs. 50 gets you 1 Reward point.

OneCard Credit Card Reviewed

In addition, your top two spending categories in a month also get you 5x Reward Points. This means that the OneCard credit card will help you maximize your reward points with amazing benefits every time you use the card for transactions. It also comes with a unique feature called “MyFamily” that allows you to share your credit limit with your family and they all get separate cards and different offers while you control their spending and keep track of their cards.

OneCard Credit Card – Main Highlights

Purpose Shopping & Rewards
Joining/ Renewal Fee FREE
Eligibility
  • Resident or Non-Resident Indian (Employed or Self-Employed)

–          Age: 18 Years and Above

–          Monthly Net Income: Stable Source of Income

–          Good Credit Score for Unsecured OneCard Credit Card (at least 700)

–          Fixed Deposit for Secure OneCard Credit Card (no credit score required)
Credit Card Type Reward Points
Benefits
  • Comes as a Visa metal credit card
  • Free for a lifetime
  • Zero joining/annual fee
  • 1 Reward Point for every Rs. 50 transactions and 5x Reward Points from the top two expense categories every month.
  • Redeemable Reward Points for cashback
  • 1 Reward Point amounts to Rs. 0.10.
  • 1% mark-up fee on foreign currency transaction amount
  • 2.5% monthly interest rate

OneCard Credit Card – Features and Benefits

The OneCard credit card is an amazing card that comes with many awesome features and offers many benefits for cardholders, especially first-timers. As an entry-level credit card, it gives first-time cardholders the flexibility to enjoy rewards while transacting online and offline using the OneCard credit card for payments and purchases. Some of the features and benefits are listed below:

  • The credit card is carved out of metal which gives it a premium look for a base-level card, particularly for young adults who are newly employed and new cardholders.
  • OneCard’s instant activation gives you room to use the digital card for transactions while the physical card is delivered within 3-5 business days upon approval of your application.
  • The credit card offers you 1 Reward Point for every Rs. 50 spent, and 5-times supercharged Reward Points on your top two expense categories for every month. This is a great way to spend and enjoy rewards.

Joining & Annual Charge

There are no joining or annual card renewal fees or hidden charges applied to the OneCard credit card, it is entirely free for a lifetime to eligible cardholders.

Eligibility

Everyone at least 18 years of age and above is eligible for the OneCard Metal credit card based on the terms and conditions of the issuer FPL Technologies Pvt. Ltd and its partner banks. There are two criteria for eligibility and you need a steady income for both.

If you want the secure OneCard credit card, you can get the card against a fixed deposit as determined by the card issuer no credit score is required while the unsecured OneCard requires you to have a minimum credit score of 700.

Milestone Benefits

Using the OneCard credit card gives you leverage to 5X reward points on your top two spending categories in a month which is a great way to save while spending on shopping both online and offline.

Credit Limit Sharing

The OneCard credit card has one amazing feature that allows cardholders to share credit limits with up to 5 family members using the “MyFamily” feature.

This allows them to all have their custom metal credit card to shop for their favourite things and you can track their spending and also control their limits. This is just awesome for an entry-level credit card.

Required Documents

Before you apply for the OneCard credit card you need to have the following documents ready for your application to be processed by the issuer.

  • Proof of Identity (Aadhaar Card, Passport, Driver’s license, PAN card, etc.)
  • Proof of income (Salary Payslip or Bank Statement (not more than 3 months), or a recent copy of ITR)
  • Residence proof (Ration Card, Electricity bill, Aadhar Card, Passport, Landline telephone bill, etc.)

Additional Features of OneCard Credit Card

  • Zero Liability: You are not liable for any illegal or unauthorized transaction on your OneCard credit card after reporting the card missing or stolen to the bank.
  • Interest rates: You get 2.5% to 3.5% monthly interest rates or a 30% to 42% annual interest rate depending on the terms.
  • Foreign Exchange Rates: There is a 1% charge on every foreign transaction amount you make using the OneCard.
  • Cash Withdrawal Fee: A charge of 2.5% is applied on every withdrawn amount or Rs. 300 whichever is higher.
  • Fuel Surcharge Waiver: A 1% waiver is applied on every fuel transaction at all fuel stations in India, although there is a promo for a 100% waiver on fuel which is valid till Dec 31 2023.
  • OneCard EMI: Enjoy part payments of your shopping using the OneCard into your EMI while also earning rewards points on EMI transactions. You can also manage EMI from the app dashboard.

NOTE: The bank reserves the right to reject or approve your OneCard credit card applications, these are just guidelines to help you with the process smoothly.

Conclusion

OneCard credit card offers cardholders lifetime usage as long as they meet the criteria, this makes it a great card for youngsters who are fresh into employment and want a card to help with their shopping needs. As a free base-level credit card, it offers amazing features like sharing your credit limit with up to five family members and monitoring their spending.

The reward points are also great and decent enough and to top it all it is a metal card. You get to earn 1 reward point on every Rs. 50 spent and also in bits even if you don’t meet the Rs. 50 mark, you get reward points against the whole amount.

Before you decide on getting the this card, if you are eligible for the unsecured card then take a look at other credit cards and how OneCard compares to them such as Flipkart Axis Bank Credit, HDFC Millennia Credit Card, and Amazon Pay ICICI Bank Credit Card.

A Deep Dive into the Chase Sapphire Reserve® Card

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In the realm of premium travel rewards credit cards, few offerings rival the prestige and allure of the Chase Sapphire Reserve® Card. Renowned for its exceptional rewards program, lavish travel benefits, and exclusive perks, this card has earned a coveted status among discerning travelers and luxury aficionados.

In this comprehensive review, we’ll dissect the features of the Chase Sapphire Reserve® Card, exploring its unparalleled benefits and assessing its value proposition in the competitive landscape of travel credit cards.

Chase Sapphire Reserve® Card

Elevated Rewards Program: At the heart of the Chase Sapphire Reserve® Card lies its exceptional rewards program, designed to cater to the sophisticated needs of frequent travelers and globetrotters. Cardholders earn an impressive 3X points per dollar spent on travel and dining worldwide, providing a lucrative avenue for accumulating rewards on essential expenses. Furthermore, the card offers 1X point per dollar spent on all other purchases, ensuring that every transaction contributes to the accumulation of valuable points.

Enhanced Redemption Value: One of the most compelling aspects of the Chase Sapphire Reserve® Card is its enhanced redemption value when redeeming points for travel through the Chase Ultimate Rewards portal. Points redeemed through this platform receive a 50% bonus, effectively boosting their value to 1.5 cents per point. This feature unlocks unparalleled flexibility and value, allowing cardholders to stretch their rewards further and indulge in luxurious travel experiences without breaking the bank.

Exclusive Travel Benefits: In addition to its robust rewards program, the Chase Sapphire Reserve® Card offers a plethora of exclusive travel benefits aimed at elevating the cardholder experience to new heights. These include a $300 annual travel credit, which offsets eligible travel purchases, effectively reducing the net annual fee of the card. Furthermore, cardholders enjoy complimentary Priority Pass™ Select membership, granting access to over 1,300 airport lounges worldwide, along with expedited security screening through TSA PreCheck or Global Entry.

Comprehensive Travel Protections: Beyond its rewards and travel benefits, the Chase Sapphire Reserve® Card provides comprehensive travel protections designed to offer peace of mind to cardholders on their journeys. These include trip cancellation/interruption insurance, auto rental collision damage waiver, baggage delay insurance, trip delay reimbursement, and emergency evacuation and transportation coverage. With these robust protections in place, cardholders can travel with confidence, knowing that they are well-covered in case of unforeseen circumstances.

Conclusion

In conclusion, the Chase Sapphire Reserve® Card stands as a beacon of excellence in the realm of premium travel rewards credit cards, thanks to its exceptional rewards program, exclusive travel benefits, and comprehensive travel protections.

Whether you’re a frequent traveler seeking luxury perks or an avid explorer looking to maximize your rewards potential, this card offers unparalleled value and prestige. With its enticing rewards, lavish benefits, and unparalleled service, the Chase Sapphire Reserve® Card continues to redefine the standards of excellence in the world of travel credit cards, cementing its status as the ultimate companion for discerning travelers worldwide.