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.
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.