If you enjoy shopping online at partner brands, such as Cleartip, Foodpanda, Amazon.in, and BookMyShow, then we have just the right offer for you. Created by SBI, this SimplyCLICK Credit Card is similar to the American Express Membership Rewards Credit Card or the SimplySave SBI.
Why is it such a good option for those who enjoy shopping online? The reward points that you can earn are related to the aforementioned online vendors.
In order to help you determine whether the SImplyCLICK Credit Card is something that you will need as an Indian citizen/permanent resident, we will review fees/charges, features, and the application process. Let’s get right to it!
Fees and Charges
Before we get into the rates that you will be subjected to, it is important to discuss the rewards program as the main highlight of this credit card. As soon as you join, you will get a ₹500 e-gift card from Amazon, as well as a ₹2,000 from Cleartip, the moment that you have spent Rs 1.
Lakh with your SimplyCLICK Account. Most importantly, you should be educated on the reward points that you will be eligible for through online purchases.
When it comes to buying at Amazon, BookMyShow, Foodpanda, Cleartip, and NetMeds, you will be getting 10 reward points for every Rs. 100 spent. As for other online purchases, you will be getting half of those reward points for each Rs. 100 spent.
When it comes to purchases in other categories, you will be eligible for a single reward point for every Rs. 100 spent.
The main issue that we have with this card is that you will have to pay both the joining fee and the annual fee, both of which are set at ₹499.
The introductory interest-free period can last for up to 50 days, after which you will be paying 3% on all cash advance transfers (international), as well as 2.5% on domestic cash advance transfers.
Last but not least, when it comes to late payment fees, your obligation can go up to Rs. 950 if more than ₹10,000 is due.
In order to reduce the amount of money spent on cash advance transfers and interest rates, it is vital that you have a spending limit. This article does a great job of explaining how to cover your expenses without going over the limit.
How to Apply
Quite frankly, the application process is not anything complicated as long as you meet the eligibility criteria. The basic requirement is that you are salaried or self-employed.
In the first scenario, you should have a minimum income of ₹20,000 per month, while in the second, it should be a minimum of ₹30,000.
Along with that, you should live in one of the serviceable cities. You can find information on this by checking out the SBI location generator. In order to apply, you will need to submit the following documentation – Proof of Identity, Proof of Address, and Proof of Income.
When you are sure that you meet the aforementioned criteria, you should log on to the SBI official website and fill out the online form. Once you have done that, the decision should be communicated to you in a matter of a couple of business days.
The credit card should then arrive in the mail within 10 days of your approval.
Bank Contact Details
If you have any further questions regarding the application process or the rewards program, you will want to contact the bank directly. Luckily, SBI provides more than a couple of customer support forms.
Head Office: SBI Card, Correspondence Department, DLF Infinity Towers, Tower C, 10-12 Floor, Block 2, Bldg 3, DLF Cyber City, Gurgaon – 122002, Haryana, India
Correspondence: SBI Card, P.O. Bag 28, GPO, New Delhi – 110001
Phone: 1860 180 1290, 1860 500 1290, 39 02 02 02 (local STD code as a prefix)
SMS: send “HELP” to 5676791
Online Customer Support: click here
Features and Benefits
When it comes to the SimplyCLICK credit card, there are more than a few points featured in the rewards program that make this a great choice for online shoppers.
Our personal favorite is the Amazon e-card gift that is valued at 500 rupees that you will get the moment you join (basically reimbursing the initial joining fee).
In the end, it all comes down to whether you are a regular customer at online markets or not.
For those of you who enjoy buying at Amazon, Foodpanda, BookMyShow, and other common vendors doing business in India, we think that SBI SimplyCLICK is a good credit card solution!
Note: There are risks involved when applying for and using credit. Consult the bank’s terms and conditions page for more information.