Introduction
The SBI Simply Click Credit Card is a versatile and user-friendly financial tool that offers a world of benefits to its cardholders. With a focus on simplifying online shopping and rewarding digital spending, this credit card is designed to cater to the modern consumer’s needs. Whether you’re a frequent online shopper or a tech-savvy individual, the SBI Simply Click Credit Card is your gateway to a seamless and rewarding shopping experience. Explore its features and discover how it can enhance your digital lifestyle.
Features and benefits of SBI Simply Click Credit Card
Some of the features and benefits of SBI Simply Click Credit Card are:
- Online shopping rewards: You can earn 10X reward points on online spends with exclusive partners and 5X reward points on all other online spends. You can also get e-vouchers worth Rs. 2,000 each on annual online spends of Rs. 1 Lakh and Rs. 2 Lakh .
- Welcome gift: You can get a welcome gift of Amazon.in gift card worth Rs. 500 on payment of annual fee of Rs. 499 + taxes.
- Annual fee reversal: You can get your annual fee reversed if you spend Rs. 1 Lakh in a year .
- Fuel surcharge waiver: You can save money on fuel by getting 1% fuel surcharge waiver for transactions between Rs. 500 and Rs. 3,000 .
- Contactless technology: You can enjoy secure and convenient transactions with contactless technology that allows you to tap and pay without entering your PIN for transactions up to Rs. 5,000.
SBI Simply Click Credit Card is a great option for online shoppers who want to enjoy rewards and savings on their purchases. It also offers a range of other features like balance transfer, flexipay, easy money, and more.
What are the Pros and Cons of SBI Simply Click Credit Card?
SBI Simply Click Credit Card is a credit card that offers rewards and benefits for online shoppers. However, like any other product, it has its pros and cons. Here are some of them:
Pros:
- You can earn 10X reward points on online spends with exclusive partners and 5X reward points on all other online spends . You can redeem these points for various products and services on the SBI Card website or app.
- You can get e-vouchers worth Rs. 2,000 each on annual online spends of Rs. 1 Lakh and Rs. 2 Lakh . You can use these vouchers to shop online at Amazon.in, Cleartrip, BookMyShow, or Myntra.
- You can get a welcome gift of Amazon.in gift card worth Rs. 500 on payment of annual fee of Rs. 499 + taxes . You can use this gift card to buy anything on Amazon.in.
- You can get your annual fee reversed if you spend Rs. 1 Lakh in a year. This way, you can enjoy the benefits of this card without paying any extra charges.
- You can save money on fuel by getting 1% fuel surcharge waiver for transactions between Rs. 500 and Rs. 3,000 . You can use this card at any petrol pump across India and get the waiver credited to your account within a few days.
- You can enjoy secure and convenient transactions with contactless technology that allows you to tap and pay without entering your PIN for transactions up to Rs. 5,000.
Cons:
- The interest rate on this card is 3.5% per month, which is 42% annually . This is higher than the interest rate on SBI Simply Click Advantage Credit Card, which is 2.5% per month or 30% annually. If you do not pay your full bill amount every month, you will end up paying a lot of interest charges.
- The cash withdrawal charges on this card are 2.5% or Rs. 500, whichever is higher . This is also higher than the cash withdrawal charges on SBI Simply Click Advantage Credit Card, which are 2% or Rs. 300, whichever is higher. If you withdraw cash from your credit card, you will not only pay high fees but also incur interest charges from the day of withdrawal.
- The card replacement charges on this card are Rs. 100-250 . This is more than the card replacement charges on SBI Simply Click Advantage Credit Card, which are Rs. 100. If you lose or damage your card, you will have to pay extra money to get a new one.
- The credit limit on this card may not be very high, depending on your income, credit score, and other factors . Some web sources suggest that the minimum credit limit on this card is Rs. 20,000 and the maximum credit limit is Rs. 5 lakh . If you have a low credit limit, you may not be able to make big purchases or avail of some offers.
- The international transactions feature on this card is not enabled by default. You have to activate it by sending an SMS or using the SBI Card app. Moreover, international transactions may incur additional charges and fees, such as currency conversion charges, foreign transaction charges, and GST. If you use this card abroad, you may have to pay more than what you expect.
SBI Simply Click Credit Card is a good option for online shoppers who want to enjoy rewards and savings on their purchases. However, it also has some drawbacks that you should be aware of before applying for it.
What are the Eligibility Criteria for SBI Simply Click Credit Card?
The eligibility criteria for SBI Simply Click Credit Card are as follows:
- You must be between 18 to 60 years of age.
- You must be an Indian resident.
- You must have a good credit score and not have any recent delinquencies.
- You must have a minimum income of Rs. 20,000 per month if you are salaried, or Rs. 30,000 per month if you are self-employed.
- You must submit self-attested photocopies of income proof, identity proof, residence proof, PAN card along with a photograph.
What are the documents required for SBI Simply Click Credit Card?
The documents required for SBI Simply Click Credit Card are:
- Identity proof: You need to submit a self-attested photocopy of any government-issued identification document, such as Aadhar Card, PAN Card, voter’s Id, Passport, Driving License, etc.
- Address proof: You need to submit a self-attested photocopy of any document that verifies your current address, such as Aadhar Card, Passport, Driving License, utility bills, bank statements, etc.
- Income proof: You need to submit a self-attested photocopy of any document that shows your income level, such as salary slips, income tax returns, bank statements, etc.
- Passport size photograph: You need to submit a recent passport size photograph along with your application form
What is the annual fee and charges for this card?
The annual fee and charges for SBI Simply Click Credit Card are as follows:
- The annual fee for this card is Rs. 499 plus applicable taxes. You can get the annual fee waived off from the second year by spending Rs. 1 lakh or more in the previous anniversary year.
- The interest rate on this card is 3.5% per month, which is 42% annually. This is higher than the interest rate on SBI Simply Click Advantage Credit Card, which is 2.5% per month or 30% annually.
- The cash withdrawal charges on this card are 2.5% or Rs. 500, whichever is higher. You should avoid withdrawing cash from your credit card as it attracts high interest charges and fees.
- The card replacement charges on this card are Rs. 100-250. You should keep your card safe and secure to avoid losing or damaging it.
- The fuel surcharge waiver on this card is 1% for transactions between Rs. 500 and Rs. 3,000. You can save money on fuel by using this card at any petrol pump across India.
What is the credit limit on SBI Simply Click Credit Card?
The credit limit on SBI Simply Click Credit Card is the maximum amount of money that you can spend using the card. The credit limit is determined by SBI Card based on various factors, such as your income, credit score, repayment history, and other credit cards you have.
The credit limit on SBI Simply Click Credit Card can vary from person to person, depending on their eligibility and creditworthiness. However, according to some web sources, the minimum credit limit on this card is Rs. 20,000 and the maximum credit limit is Rs. 5 lakh.
You can check your available credit limit on SBI Simply Click Credit Card by sending an SMS in a predefined format to 5676791 from your registered mobile number. The format is AVAIL XXXX, where XXXX stands for the last 4 digits of your SBI Credit Card number. You can also check your credit limit on the SBI Card app or website, or by calling the customer care number.
The credit limit on SBI Simply Click Credit Card can be increased or decreased by SBI Card at its discretion, based on your usage and payment patterns. You can also request for a credit limit enhancement by submitting your latest income documents to SBI Card. However, the approval of the request is subject to SBI Card’s criteria and policies.
How can I increase my credit card limit?
Here are two ways to increase your credit card limit on SBI Simply Click Credit Card. One is to accept a pre-approved limit increase offer from SBI Card, and the other is to request a limit increase with income documentation.
To accept a pre-approved limit increase offer, you can follow these steps:
- Log in to sbicard.com and select ‘Offers or Benefits’ from the left-hand menu.
- If you are eligible for credit increase, there will be an option visible to increase the limit.
- Check for any Credit Limit Increase offer on your account and click on the ‘Submit’ button.
- Your acceptance will be automatically sent to the bank.
To request a limit increase with income documentation, you can follow these steps:
- Log in to sbicard.com and select ‘Services’ from the left-hand menu.
- Click on ‘Credit Limit Increase’ and fill in the required details.
- Upload your latest income proof, such as salary slips, income tax returns, bank statements, etc.
- Submit your request and wait for the bank’s approval.
- Alternatively, you can also call the SBI Card customer care number and request for a credit limit enhancement.
Please note that the approval of your request is subject to SBI Card’s criteria and policies. You should also maintain a good credit score and repayment history to increase your chances of getting a higher credit limit.
Can I use this card internationally?
Yes, you can use this card internationally, but you need to activate the international transactions feature first. You can do this by sending an SMS to 5676791 from your registered mobile number with the message INTL ON. Alternatively, you can also use the SBI Card app to enable international transactions by following these steps:
- Open the main menu
- Select the Services option
- Select the Manage Card Usage
- Change the transaction type from Domestic to International under Manage Usages
Please note that international transactions may incur additional charges and fees, such as currency conversion charges, foreign transaction charges, and GST.
Conclusion
The SBI Simply Click Credit Card is not just a card; it’s a companion that empowers you to make the most of your online purchases. With its seamless shopping experience, generous rewards, and security features, it’s the perfect choice for those who value convenience and value. Apply for the SBI Simply Click Credit Card today and start enjoying the perks of effortless digital transactions and exciting rewards. Your online shopping journey will never be the same again.
Frequently Asked Questions (FAQs)
1. What is the SBI Simply Click Credit Card?
- The SBI Simply Click Credit Card is a credit card offered by State Bank of India (SBI) designed to simplify and enhance your online shopping experience. It comes with various benefits, including rewards, discounts, and cashback offers.
2. How can I apply for the SBI Simply Click Credit Card?
- You can apply for the SBI Simply Click Credit Card by visiting the official SBI website or by visiting a nearby SBI branch. The application process typically involves submitting your personal and financial details along with the required documents.
3. What are the key features of the SBI Simply Click Credit Card?
- Some key features include accelerated rewards on online spending, fuel surcharge waivers, dining discounts, exclusive access to events, and enhanced security measures for online transactions.
4. What are accelerated reward points, and how do they work?
- Accelerated reward points are extra points you earn when you use your SBI Simply Click Credit Card for online purchases from partner e-commerce websites. These points accumulate faster and can be redeemed for various rewards.
5. Can I use the SBI Simply Click Credit Card for offline purchases?
- Yes, you can use your SBI Simply Click Credit Card for both online and offline purchases. It is a versatile card that can be used at any merchant that accepts SBI credit cards.
6. Are there any annual fees associated with this credit card?
- SBI may have an annual fee for the SBI Simply Click Credit Card, which can vary depending on the specific variant of the card and the cardholder’s credit profile. Be sure to check the latest fee structure when applying.
7. How can I redeem the reward points earned with this card?
- You can redeem your reward points through the SBI Card website or mobile app. Points can typically be redeemed for vouchers, discounts, merchandise, or even as a statement credit against your outstanding balance.
8. Is there any zero-liability feature for lost or stolen cards?
- Yes, the SBI Simply Click Credit Card often comes with a zero-liability feature, which means you won’t be held responsible for unauthorized transactions made on your lost or stolen card once it’s reported to the bank.
9. What kind of security measures are in place for online transactions with this card?
- The card typically comes with security features like OTP-based authentication and secure online transaction processing to protect you from online fraud and ensure secure online shopping.
10. Where can I find a list of e-commerce websites offering discounts and rewards with this card? –
- You can find the list of partner e-commerce websites and the current offers on the official SBI Card website or by contacting SBI customer support.
Please note that the specific terms and conditions of the SBI Simply Click Credit Card may vary over time, so it’s essential to refer to the latest information provided by SBI or visit their official website for the most up-to-date details.
