SimplyCLICK SBI Credit Card: Your Ultimate Online Shopping Companion
Welcome to CreditCardPath.in, your trusted source for credit card information in India. The SimplyCLICK SBI Credit Card is a fantastic choice for online shoppers, offering accelerated rewards on e-commerce platforms, travel, and entertainment. With a low annual fee of ₹499 and exclusive benefits like 10X reward points on partner brands, this entry-level card is perfect for millennials and first-time cardholders. In this comprehensive guide, we explore its features, rewards, fees, eligibility, and more to help you decide if this card suits your lifestyle. Read on to maximize your online shopping experience!
Why Choose SimplyCLICK SBI Credit Card?
The SimplyCLICK SBI Credit Card is designed for digital shoppers who love convenience and rewards. Whether you're booking movie tickets on BookMyShow, shopping on Myntra, or ordering food via Domino’s, this card offers unmatched value. Its contactless payment feature, global acceptance, and milestone benefits make it a versatile option. With an Amazon gift voucher worth ₹500 on joining and a 1% fuel surcharge waiver, it’s a budget-friendly card that delivers significant savings. Dive into the details below to understand how this card can enhance your shopping journey.
General Information
The SimplyCLICK SBI Credit Card is an entry-level credit card tailored for online shoppers, offering 10X reward points on partner brands like BookMyShow, Myntra, and Cleartrip. With a low annual fee of ₹499 (waived on ₹1 lakh annual spends), it provides a ₹500 Amazon gift voucher on joining, 5X rewards on other online spends, and a 1% fuel surcharge waiver. Ideal for millennials and first-time cardholders, this card ensures convenience with contactless payments and global acceptance. Explore its features, eligibility, and application process to make informed financial decisions.
Basic Details
Feature
Details
Card Issuer
State Bank of India (SBI Card)
Joining Fee
₹499 + GST
Renewal Fee
₹499 + GST (waived if annual spends ≥ ₹1,00,000)
Card Category
Shopping, Rewards
Rewards
10X on partner brands, 5X on other online spends, 1 point per ₹100 offline
Airport Lounge Access
Not Available
Railway Lounge Access
Not Available
Network
Visa
Contactless Payments
Yes
Extra Details
Welcome Benefit: Amazon gift voucher worth ₹500 on payment of joining fee.
Milestone Benefits: Cleartrip e-voucher worth ₹2,000 each on annual spends of ₹1 lakh and ₹2 lakh.
Flexipay: Convert transactions above ₹2,500 into EMIs within 30 days.
Balance Transfer: Transfer other credit card balances at a lower interest rate.
Global Acceptance: Usable at over 24 million outlets worldwide, including 3,25,000 in India.
Add-on Cards: Free add-on cards for family members above 18 years.
Utility Bill Payments: Pay electricity, telephone, and mobile bills via Easy Bill Pay.
Features and Benefits
Earn 10X reward points on online spends with partners like Apollo 24x7, BookMyShow, Cleartrip, Domino’s, Myntra, Netmeds, and Yatra.
Get 5X reward points on all other online purchases.
Enjoy a 1% fuel surcharge waiver on transactions between ₹500 and ₹3,000 (up to ₹100 per statement cycle).
Contactless payments for quick and secure transactions.
Annual fee reversal on spending ₹1 lakh annually.
Amazon gift voucher worth ₹500 as a welcome benefit.
Milestone rewards: ₹2,000 e-vouchers on ₹1 lakh and ₹2 lakh annual spends.
Rewards and Cashback
10X Reward Points: On online spends with partners (Apollo 24x7, BookMyShow, Cleartrip, Domino’s, Myntra, Netmeds, Yatra).
5X Reward Points: On all other online spends (except utility payments).
1 Reward Point: Per ₹100 spent on offline purchases.
Reward Value: 4 points = ₹1 (0.25% value on offline spends, higher on online).
Redemption: Redeem points for gift vouchers, merchandise, or flight tickets via SBI Card website or mobile app. A ₹99 redemption fee applies.
Point Expiry: Points expire 24 months from accrual.
Fees and Charges
Fee Type
Amount
Joining Fee
₹499 + GST
Annual Fee
₹499 + GST (waived if spends ≥ ₹1,00,000)
Finance Charges
3.5% per month (42% annually)
Foreign Currency Markup
3.5% of transaction amount
Cash Advance Fee
2.5% of amount (minimum ₹500)
Reward Redemption Fee
₹99 per redemption
Late Payment Fee
Varies based on outstanding amount
Eligibility
Age: 21 to 70 years.
Income: Salaried (net monthly income > ₹25,000) or self-employed (ITR > ₹3 lakh per annum).
Credit Score: Preferably 720+ with no delayed payments in the last 12 months.
Nationality: Indian citizen.
Credit History: Clean credit history preferred; new-to-credit salaried applicants may be considered.
Documents Required
Identity Proof: Aadhaar Card, PAN Card, Voter ID, Passport, or Driving License.
Address Proof: Aadhaar Card, Passport, Driving License, Electricity Bill, or Gas Bill.
Income Proof: Last 3 months’ salary slips, last 3 months’ bank statements, or latest ITR.
Photograph
Railway Lounge Access
Not Available
Network
Visa
Contactless Payments
Yes
Extra Details
Welcome Benefit: Amazon gift voucher worth ₹500 on payment of joining fee.
Milestone Benefits: Cleartrip e-voucher worth ₹2,000 each on annual spends of ₹1 lakh and ₹2 lakh.
Flexipay: Convert transactions above ₹2,500 into EMIs within 30 days.
Balance Transfer: Transfer other credit card balances at a lower interest rate.
Global Acceptance: Usable at over 24 million outlets worldwide, including 3,25,000 in India.
Add-on Cards: Free add-on cards for family members above 18 years.
Utility Bill Payments: Pay electricity, telephone, and mobile bills via Easy Bill Pay.
Features and Benefits
Earn 10X reward points on online spends with partners like Apollo 24x7, BookMyShow, Cleartrip, Domino’s, Myntra, Netmeds, and Yatra.
Get 5X reward points on all other online purchases.
Enjoy a 1% fuel surcharge waiver on transactions between ₹500 and ₹3,000 (up to ₹100 per statement cycle).
Contactless payments for quick and secure transactions.
Annual fee reversal on spending ₹1 lakh annually.
Amazon gift voucher worth ₹500 as a welcome benefit.
Milestone rewards: ₹2,000 e-vouchers on ₹1 lakh and ₹2 lakh annual spends.
Rewards and Cashback
10X Reward Points: On online spends with partners (Apollo 24x7, BookMyShow, Cleartrip, Domino’s, Myntra, Netmeds, Yatra).
5X Reward Points: On all other online spends (except utility payments).
1 Reward Point: Per ₹100 spent on offline purchases.
Reward Value: 4 points = ₹1 (0.25% value on offline spends, higher on online).
Redemption: Redeem points for gift vouchers, merchandise, or flight tickets via SBI Card website or mobile app. A ₹99 redemption fee applies.
Point Expiry: Points expire 24 months from accrual.
Fees and Charges
Fee Type
Amount
Joining Fee
₹499 + GST
Annual Fee
₹499 + GST (waived if spends ≥ ₹1,00,000)
Finance Charges
3.5% per month (42% annually)
Foreign Currency Markup
3.5% of transaction amount
Cash Advance Fee
2.5% of amount (minimum ₹500)
Reward Redemption Fee
₹99 per redemption
Late Payment Fee
Varies based on outstanding amount
Eligibility
Age: 21 to 70 years.
Income: Salaried (net monthly income > ₹25,000) or self-employed (ITR > ₹3 lakh per annum).
Credit Score: Preferably 720+ with no delayed payments in the last 12 months.
Nationality: Indian citizen.
Credit History: Clean credit history preferred; new-to-credit salaried applicants may be considered.
Documents Required
Identity Proof: Aadhaar Card, PAN Card, Voter ID, Passport, or Driving License.
Address Proof: Aadhaar Card, Passport, Driving License, Electricity Bill, or Gas Bill.
Income Proof: Last 3 months’ salary slips, last 3 months’ bank statements, or latest ITR.
Photograph: Recent passport-size photograph.
Consent Form: Signed consent form (if required by SBI).
The SimplyCLICK SBI Credit Card is a stellar option for online shoppers, particularly millennials and first-time cardholders. Its 10X reward points on partner brands and 5X on other online spends make it highly rewarding for e-commerce enthusiasts. The ₹500 Amazon voucher offsets the joining fee, and the annual fee waiver on ₹1 lakh spends is easily achievable. However, the lack of lounge access and high foreign currency markup (3.5%) limit its appeal for travelers. Compared to cashback cards, its reward redemption (₹99 fee) is less straightforward, but the milestone benefits add value. Overall, it’s a cost-effective card for digital shoppers.
Disclaimer
The information provided about the SimplyCLICK SBI Credit Card is for informational purposes only and may not be accurate or up-to-date. This is not the official website of SBI Card. Please verify details with the official SBI Card website or contact their customer service before applying. CreditCardPath.in is not responsible for any discrepancies or losses incurred.
This comprehensive guide helps you navigate India's credit card landscape with confidence. Learn how to choose the right card, understand fees and rewards, improve your credit score, and use credit cards wisely.
Accumulate points redeemable for free hotel stays, room upgrades, and other benefits.
Example: 10 points per ₹100, 5000 points = 1 free night
Maximizing Your Rewards
✓ Use the right card for each spending category (e.g., travel card for flights, cashback card for groceries)
✓ Take advantage of bonus categories that offer extra points/cashback
✓ Pay attention to reward caps and exclusions
✓ Combine cards to maximize different reward types
✓ Redeem points strategically for maximum value
✗ Avoid carrying balances as interest will negate rewards
Reward Calculator
Your estimated annual rewards: ₹0
Credit Card Fees & Charges
Understanding the various fees associated with credit cards helps avoid surprises and manage costs.
Common Credit Card Fees
Fee Type
Typical Charge
How to Avoid
Joining Fee
₹0-₹50,000
Look for lifetime free cards or first-year free offers
Annual Fee
₹0-₹50,000
Negotiate waiver, meet spend requirements, or downgrade
Interest Charges
24-49% p.a.
Pay full balance by due date every month
Late Payment Fee
₹100-₹1,000
Set up autopay or payment reminders
Cash Advance Fee
2.5-3.5% of amount
Avoid cash withdrawals on credit card
Foreign Transaction Fee
3-4% of transaction
Use cards with no forex markup for international spends
Fee Waiver Strategies
Annual fee waiver: Many banks waive fees if you spend a certain amount annually
Lifetime free cards: Several no-fee cards offer decent rewards
Negotiation: Call customer care to request fee waiver, especially if you're a good customer
Downgrade: Switch to a no-fee version of your card before annual fee is charged
Credit Card Eligibility Criteria
Each bank has specific requirements for approving credit cards based on income, credit score, and other factors.
General Eligibility Requirements
Income Requirements
Minimum annual income typically ranges from ₹1.5 lakh for basic cards to ₹18 lakh+ for premium cards.
Salaried vs self-employed may have different documentation requirements
Age Requirements
Most banks require applicants to be between 21-65 years old (18+ for student cards).
Some premium cards may have higher minimum age requirements
Credit Score
Generally need a score of 750+ for premium cards, 650+ for basic cards.
First-time applicants may get secured or low-limit cards
Employment Status
Salaried, self-employed, or students (with parental consent) can apply.
Some professions may get preferential treatment
Documents Required
Identity Proof: PAN card, Aadhaar, Passport, or Driver's License
Address Proof: Aadhaar, Utility bill, Rental agreement, or Passport
Income Proof: Salary slips (3-6 months), Bank statements, or IT returns
Photos: Usually 1-2 passport size photographs
Credit Card Application Process
Follow these steps to successfully apply for a credit card in India.
1
Check Your Eligibility
Review income, age, and credit score requirements
Compare cards that match your spending habits
Check if you're pre-approved for any cards (through net banking/apps)
2
Gather Required Documents
Identity proof (PAN card mandatory)
Address proof (not older than 3 months)
Income proof (salary slips/bank statements)
Passport size photographs
3
Choose Application Method
Online: Bank website, third-party aggregators
Offline: Bank branch, sales agents, or customer care
Pre-approved: Through existing banking relationship
4
Submit Application
Fill application form completely and accurately
Upload/attach required documents
Review terms and conditions carefully
Submit application and note reference number
5
Verification Process
Bank may call for verification
KYC may be done through video or in-person
Additional documents may be requested
6
Approval & Dispatch
Approval typically takes 3-7 working days
You'll receive SMS/email with approval details
Card is dispatched via courier (2-5 days)
7
Activation & First Use
Activate card via SMS, call, or net banking
Set PIN at ATM or through mobile banking
Make first transaction (some banks require this for activation)
Tips for Faster Approval
Apply with your primary bank where you have accounts/relationships
Ensure all information matches your official documents
Maintain a good credit score (750+)
Follow up politely if processing is delayed
Understanding Credit Scores
Your credit score is a crucial factor in credit card approvals and interest rates offered.
What is a Credit Score?
A 3-digit number (300-900) that represents your creditworthiness based on your credit history. In India, CIBIL is the most popular bureau, followed by Experian, Equifax, and CRIF High Mark.
750
300 (Poor)600 (Fair)750 (Good)900 (Excellent)
How Credit Scores Are Calculated
Payment History (35%): Timely payments boost score, late payments hurt
Credit Utilization (30%): Keep below 30% of total limit
Credit Age (15%): Longer credit history is better
Credit Mix (10%): Healthy mix of different credit types
New Credit (10%): Too many new applications can lower score
Improving Your Credit Score
Pay On Time
Set up autopay or reminders to never miss due dates.
Keep Utilization Low
Aim to use less than 30% of your total credit limit.
Limit New Applications
Space out credit applications by 6+ months.
Maintain Old Accounts
Don't close old credit cards as they help credit history length.
Be aware of these common credit card scams and protect yourself from fraud:
1. Phishing Calls/SMS
How it works: Scammers call/SMS pretending to be from your bank, asking for card details or OTP to "update records" or "unblock card".
Protection: Never share OTP, CVV, or PIN. Banks never ask for these details.
2. Fake Reward Points
How it works: You get messages saying you've earned reward points with a link to claim them, which is actually a phishing site.
Protection: Always check reward points through official bank apps/websites only.
3. Skimming Devices
How it works: Fraudsters install devices on ATMs/swipe machines to steal card data when you use them.
Protection: Use contactless payments or cover PIN pad when entering PIN. Check for tampering.
4. Fake Customer Care Numbers
How it works: Fraudsters list fake customer care numbers online that connect to them instead of the bank.
Protection: Always use customer care numbers from official bank cards/statements.
What to Do If Scammed
Immediately call bank's official customer care to block card
Change all online banking passwords
File complaint with bank and cyber crime police
Monitor statements for unauthorized transactions
Know the Credit Card Traps
These common traps can lead to debt if you're not careful:
1. Minimum Payment Trap
Paying only the minimum amount due (typically 5% of balance) leads to high interest charges that keep growing.
Solution: Always pay full balance by due date.
2. Reward Points Obsession
Spending more just to earn rewards often costs more than the rewards' value.
Solution: Use card for planned purchases only.
3. EMI Conversion Offers
Converting purchases to EMIs seems convenient but often has hidden charges and higher effective interest.
Solution: Read all terms before converting to EMI.
4. Free Credit Period Misunderstanding
Many think all purchases get 50-day interest-free period, but cash advances and some transactions don't qualify.
Solution: Understand your billing cycle and due dates.
5. Annual Fee Waiver Conditions
Some cards waive fees only if you spend a certain amount, which may tempt you to overspend.
Solution: Choose no-fee cards or negotiate waivers.
Think Before Spending
Responsible credit card use requires mindful spending habits:
Questions to Ask Before Every Purchase
Do I really need this or just want it?
Can I pay the full amount when the bill comes?
Is this purchase within my monthly budget?
Am I buying this just to earn reward points?
Would I buy this if I had to pay cash right now?
Smart Spending Strategies
Budget First
Set a monthly spending limit for your card based on your income and expenses.
Track Regularly
Check your spending weekly using bank apps to stay on track.
Use Alerts
Enable SMS/email alerts for all transactions to monitor spending.
Separate Needs/Wants
Use different cards for essential vs discretionary spending.
The 30-Day Rule
For non-essential purchases over ₹5,000, wait 30 days. If you still want/need it after 30 days, then buy it.
How You Can Make Money Through Credit Cards
Smart credit card use can actually help you earn money if done responsibly:
1. Sign-up Bonuses
Many cards offer cash bonuses or reward points when you spend a certain amount in the first few months.
Example: Spend ₹50,000 in first 3 months and get ₹5,000 cashback.
2. Reward Arbitrage
Use cards that give more points for specific categories and redeem for maximum value.
Example: Use travel card for flight bookings to earn miles worth more than cashback.
3. Referral Programs
Earn money by referring friends to apply for cards through your referral link.
Example: Some banks pay ₹1,000-5,000 per successful referral.
4. Reselling Gift Cards
Buy discounted gift cards using reward points and resell them for cash.
Note: Check bank policies as some prohibit this.
5. Flipping Products
Buy products during card-specific sales (with additional discounts) and resell.
Example: Buy electronics during 10% cashback offers and sell at 5% profit.
Important Warning
These methods require discipline. Never spend just to earn rewards or you'll lose more than you gain.
Always pay full balance on time to avoid interest charges that negate earnings.
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List of All Credit Cards Available in India
Discover a comprehensive list of credit cards available in India, featuring card names, issuers, types, and links for more information. Whether you're seeking cashback, travel rewards, or lifestyle benefits, find the ideal card to match your financial goals.
Please read this disclaimer carefully before using the information provided on this website.
Information Accuracy: The information provided regarding credit cards, including features, fees, rewards, and eligibility criteria, is for general informational purposes only. While we strive to keep the information up-to-date and accurate, credit card terms and conditions are subject to change by issuers without prior notice. We do not guarantee the absolute accuracy, completeness, or timeliness of the information presented.
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