The SBI SimplyCLICK Credit Card is designed for online shoppers. One of the key features of the SBI SimplyCLICK Credit Card is the accelerated rewards program. We can earn 10 times the reward points on online spends with exclusive partners such as BookMyShow, Cleartrip and Myntra. Besides the accelerated reward points, the SBI SimplyCLICK Credit Card also offers a milestone rewards program. The card offers e-vouchers worth Rs 2000 on annual online spends of Rs 1 Lakh and Rs 2 Lakh respectively. Read on for a detailed review of the rewards and benefits of the SBI SimplyCLICK Credit Card.
SBI Card does not state the eligibility criteria on the application page for this card. Below are the standard requirements for getting a better chance of approval. SBI Card has kept eligibility criteria low as SimplyCLICK is an entry-level card.
|Credit Score||750 and above|
|Occupation||Self-Employed or Salaried|
|Income for Salaried||Above 20K per month|
|Income for Self Employed||Above 30K per month|
Fees and Charges
|Joining Fee||Rs 499+GST|
|Welcome Benefit||Rs 500 Amazon Gift Card|
|Annual Fee||Rs 499+GST|
|Annual Fee Waiver||Spend Rs 1 Lakh in a membership year|
SBI SimplyCLICK Credit Card Rewards
SBI SimplyCLICK has three reward rates depending on the type of spend and merchant. Each reward point is worth 25 paise for all redemption options.
|Type of Spend||Rewards||Return Rate @25 per RP|
|Offline spends||1 RP per Rs 100||0.25%|
|Online spends (except 10X partners)||5 RP per Rs 100||1.25%|
|Online spends (10X partners) – Apollo 24X7, BookMyShow, Cleartrip, EazyDiner, Netmeds, Myntra, Dominos, Yatra||10 RP per Rs 100||2.5%|
|Rent Payments||1 RP per Rs 100||0.25%|
|Wallet Spends||No Rewards||0%|
|Fuel Spends||No Rewards||0%|
As the name ‘SimplyCLICK’ suggests, this card is for online shopping with a 1.25% to 2.5% reward rate. There is no benefit in using this card for any offline buy with the low 0.25% reward rate. So, go with this card only for online purchases.
Monthly Cap on Accelerated Rewards
- Cumulative 10X Reward Points on online spending with partners: Max 10000 RP every calendar month
- Cumulative 5X Reward Points on other online spends: Max 10000 RP every calendar month
Over and above the regular rewards, the card also offers milestone rewards of:
- Cleartrip Gift Voucher of Rs 2000 on spends of Rs 1 Lakh
- Cleartrip Gift Voucher of Rs 2000 on spends on Rs 2 Lakh
There is no option to choose from any other provider and the EGV is sent automatically on achieving the target. With the milestone rewards, the reward rate on 10X partners is 4.5% which is good and better than some premium credit cards.
SBI SimplyCLICK offers two options for reward redemption – Cleartrip or Yatra vouchers. There is no statement credit option.
The minimum reward points needed for redemption are 2000. Each reward point is equivalent to 25p. Redemptions can be in blocks of Rs 500 for Cleartrip and Yatra e-gift vouchers. SBI Card does not charge a redemption fee for SimplyCLICK.
Pros and Cons
Other Key Benefits and Charges
- Fuel Surcharge Waiver: 1% surcharge waiver for transactions between Rs 500 and Rs 3000
In conclusion, the SBI SimplyCLICK Credit Card is a feature-rich credit card that caters to the needs of online shoppers. Whether you are a frequent online shopper or someone looking to start their online shopping journey, the SBI SimplyCLICK Credit Card can be a great choice. With its accelerated rewards program, milestone rewards, fuel surcharge waiver, and welcome offer, it provides cardholders with a range of benefits and incentives.
When taking on a new credit card, we should ensure three things – it should be easy to get approved for, it should preferably be LTF and have a fee waiver, and finally, card rewards should be good. It ticks all these boxes, which is what makes the SBI SimplyCLICK credit card a great choice for almost everyone.
For similar rewards, you can consider Axis Ace, which offers 2% rewards for all purchases. The SBI Cashback card also offers a higher cashback than SimplyCLICK. During sales, however, SBI Cashback will not be able to take advantage of 10% instant discounts, while SimplyCLICK will.
SBI SimplyCLICK Credit Card