Simplyclick SBI Card
Rewards & Benefits
Welcome Benefits
Welcome Benefit: users will get an Amazon voucher worth Rs 500 on paying annual fee.
Milestone Benefits
Milestone Benefits: Users will get an e-voucher worth Rs 2,000 on reaching annual spending of INR1 Lakhs and INR 2 Lakhs.
Cashback Rate
Value of 1 point = INR 0.25.
Users will get 10 points on spending every INR 100 on Apollo 24x7/BookMyShow/ Cleartrip/ Dominos/ Myntra/ Netmeds/ Swiggy/ Yatra.
Special Cashback Rate: 2.5%.
5 reward points on all other online spends per INR 100.
Online Cashback Rate: 1.25%.
1 reward point on INR 100 on all other spends.
Effective General Cashback Rate: 0.25%.
Movie Benefits
Users will get 10 points on spending every INR 150 on dining, movies, departmental stores and grocery spending. Value of 1 point = INR 0.25. Effective cashback rate: 1.6%
Dining Benefits
Users will get 10 points on spending every INR 150 on dining, movies, departmental stores and grocery spending. Value of 1 point = INR 0.25. Effective cashback rate: 1.6%
Other Benefits
Annual fee reversal on spending INR 1 lakh on the card.
Lounge Access
None.
Rewards & Benefits
Welcome Benefits
Welcome Benefit: users will get an Amazon voucher worth Rs 500 on paying annual fee.
Milestone Benefits
Milestone Benefits: Users will get an e-voucher worth Rs 2,000 on reaching annual spending of INR1 Lakhs and INR 2 Lakhs.
Cashback Rate
Value of 1 point = INR 0.25.
Users will get 10 points on spending every INR 100 on Apollo 24x7/BookMyShow/ Cleartrip/ Dominos/ Myntra/ Netmeds/ Swiggy/ Yatra.
Special Cashback Rate: 2.5%.
5 reward points on all other online spends per INR 100.
Online Cashback Rate: 1.25%.
1 reward point on INR 100 on all other spends.
Effective General Cashback Rate: 0.25%.
Movie Benefits
Users will get 10 points on spending every INR 150 on dining, movies, departmental stores and grocery spending. Value of 1 point = INR 0.25. Effective cashback rate: 1.6%
Dining Benefits
Users will get 10 points on spending every INR 150 on dining, movies, departmental stores and grocery spending. Value of 1 point = INR 0.25. Effective cashback rate: 1.6%
Other Benefits
Annual fee reversal on spending INR 1 lakh on the card.
Lounge Access
None.
Fees & Charges
Joining Fee
INR 499 + Taxes.
Annual Fee
INR 499 + Taxes.
Cash Advance Fee
Cash Advance fees: 2.5% or Rs. 500 whichever is higher at domestic ATMs and 2.5% or Rs. 500, whichever is higher at international ATMs.
Interest rate
Interest Rate: Up to 3.50% per month (42% per annum) from the transaction date.
Late Payment Fee
Late Payment charges will be applicable if Minimum Amount Due is not paid by the payment due date. NIL for Outstanding Amount on payment date from Rs.0-Rs.500, Rs. 400 for Outstanding Amount greater than Rs. 500 & up to Rs. 1000; Rs. 750 for Outstanding Amount greater than Rs. 1000 & up to Rs. 10,000; Rs. 950 for Outstanding Amount greater than Rs. 10,000 up to Rs. 25,000; Rs. 1100 for Outstanding Amount greater than Rs. 25,000 & up to Rs. 50,000; Rs. 1300 for Outstanding Amount greater than Rs. 50,000.
Foreign Currency Transactions Fee
3.50%
Other Fees
Renewal Fee (per annum): INR 499 + Taxes. | Reward Redemption Fees: INR 99/- per redemption.
Fees & Charges
Joining Fee
INR 499 + Taxes.
Annual Fee
INR 499 + Taxes.
Cash Advance Fee
2.5% or ?500 whichever is higher
Interest rate
Interest Rate: Up to 3.50% per month (42% per annum) from the transaction date.
Late Payment Fee
Late Payment charges will be applicable if Minimum Amount Due is not paid by the payment due date. NIL for Outstanding Amount on payment date from Rs.0-Rs.500, Rs. 400 for Outstanding Amount greater than Rs. 500 & up to Rs. 1000; Rs. 750 for Outstanding Amount greater than Rs. 1000 & up to Rs. 10,000; Rs. 950 for Outstanding Amount greater than Rs. 10,000 up to Rs. 25,000; Rs. 1100 for Outstanding Amount greater than Rs. 25,000 & up to Rs. 50,000; Rs. 1300 for Outstanding Amount greater than Rs. 50,000.
Foreign Currency Transactions Fee
3.50%
Other Fees
Renewal Fee (per annum): INR 499 + Taxes. | Reward Redemption Fees: INR 99/- per redemption.
Special Features
Reward System: Users will get 10 points on spending every INR 150 on dining, movies, departmental stores and grocery spending. Value of 1 point = INR 0.25. Effective cashback rate: 1.6%. 1 reward point on all other spends per INR 150. Effective general cashback rate: 1.25%. 1 reward point on INR 100 on all other spends. Effective general cashback rate: 0.16%.
Eligibility Criteria
Age: You must be minimum 21 and maximum 70 years old.
Income: You must have a stable source of income.
Credit score: A good credit score is generally required.
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
1. Online: This is the faster and more convenient method:
Visit the SBI Card website: Head to the official SBI Card website.
Navigate to the Simplyclick SBI Card page: Find the "Personal" category and choose "Shopping" as the sub-category.
Click "Apply Now": Look for the prominent "Apply Now" button on the card page.
Fill out the application form: Provide your personal details, income information, and KYC documents like PAN, etc.
Review and submit: Carefully review the application details.
Await decision: You'll receive an instant preliminary decision based on the information provided.
2. Offline: This method involves visiting a SBI branch and completing the application process:
Visit an SBI branch: Find a nearby SBI branch and express your interest in applying for the SimplyClick SBI Card.
Fill out the application form: A bank representative will assist you with the form and guide you through the process.
Submit the form and documents: Provide all requisite documents such as PAN, Aadhaar, and income proof along with the completed application.
Await decision: The bank will process your application and inform you about the final decision through your preferred communication channel.
Contact Details
l 1860 500 1290, 1860 180 1290, 39 02 02 02(Prefix local the STD code) or 1800 180 1290 (Toll Free)
Account Opening and Procedure
USP of the card is that it offers 2.5% cashback on Apollo 24x7/BookMyShow/ Cleartrip/ Dominos/ Myntra/ Netmeds/ Swiggy/ Yatra. Otherwise the card does not have much to offer. The card should be applied only in the case you are not eligible for better credit cards.
USP of the card is that it offers 2.5% cashback on Apollo 24x7/BookMyShow/ Cleartrip/ Dominos/ Myntra/ Netmeds/ Swiggy/ Yatra. Otherwise the card does not have much to offer. The card should be applied only in the case you are not eligible for better credit cards.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai