SBI SimplyClick Credit Card

Joining fee: N/A

Renewal fee: Rs. 499+Taxes

Rewards: Earn 10X Reward Points on Online Spends*

Welcome Benefits: N/A

Get the Best Credit Card offers to choose from

SBI SimplyClick Credit Card is offered for the modern users seeking convenience and simplicity. This card offers straightforward rewards catering to everyday needs, such as fuel surcharge waivers, attractive discounts on dining and entertainment, and a user-friendly mobile app for effortless expense management.

Features of SBI SimplyClick Credit Card

Attractive Interest Rates: The SimplyCLICK SBI Credit Card offers competitive interest rates on purchases, cash advances, and balance transfers, making it an affordable option for your credit needs.

Reward Points: Earn reward points on every purchase you make using the card, which can be redeemed for a variety of exciting rewards, including merchandise, gift vouchers, and more.

Fuel Surcharge Waiver: Enjoy a waiver on fuel surcharge when you use your SimplyCLICK SBI Credit Card to pay for fuel at participating petrol pumps.

Airport Lounge Access: As a SimplyCLICK SBI Credit Card holder, you can enjoy complimentary access to airport lounges across India, providing a comfortable and luxurious travel experience.

Online Shopping Discounts: Get exclusive discounts and offers when you shop online using your SimplyCLICK SBI Credit Card, making it a great choice for all your online purchases.

Insurance Coverage: The card comes with built-in insurance coverage, including personal accident insurance and lost card liability protection, providing added peace of mind.

Benefits of SBI SimplyClick Credit Card

Convenience: With the SimplyCLICK SBI Credit Card, you can enjoy the convenience of making purchases without carrying cash, both in-store and online.

Cashback and Rewards: Earn attractive cashback and reward points on your purchases, which can be redeemed for a variety of exciting rewards or used to offset your outstanding balance.

Improved Credit Score: Responsible usage of the SimplyCLICK SBI Credit Card can help improve your credit score, making it easier to secure loans or other credit facilities in the future.

Emergency Cash: The card provides access to emergency cash through cash advances, giving you peace of mind in case of unexpected expenses or emergencies.

Lifestyle Privileges: Enjoy exclusive lifestyle privileges, such as discounts on dining, travel, and entertainment, enhancing your overall experience as a SimplyCLICK SBI Credit Card holder.

Global Acceptance: With the widespread acceptance of the card across the globe, you can use it for your purchases and transactions wherever you go, making it a convenient travel companion.

Fees and Charges of SimplyCLICK SBI Credit Card

Fees:

Joining Fee/Annual Fee: There is no joining or annual fee charged for the SimplyCLICK SBI Credit Card.

Renewal Fee: No renewal fee is applicable for this credit card.

Add-on Card Fee: You can avail of up to three add-on cards (supplementary cards) for your family members or loved ones at no additional cost.

Cash Withdrawal Fee: A fee of 2.5% (subject to a minimum of Rs. 300) is levied on cash withdrawals from ATMs or over the counter.

Late Payment Fee: If you fail to make the minimum payment due by the payment due date, a late payment fee of Rs. 100 will be charged.

Over Limit Fee: If you exceed your credit limit, an over-limit fee of 2.5% (subject to a minimum of Rs. 500) will be levied on the outstanding amount.

Charges:

Interest Rate: The SimplyCLICK SBI Credit Card carries an interest rate of 3.35% per month (40.2% annualized) on any outstanding balances carried forward from the previous billing cycle.

Fuel Surcharge: A surcharge of 1% is applicable on fuel transactions (petrol/diesel) made at merchant outlets.

Forex Mark-up: For international transactions (purchases or cash withdrawals), a markup of 3.5% is levied on the transaction amount.

GST: All fees and charges mentioned above are subject to applicable Goods and Services Tax (GST) as per the prevailing rates.

Eligibility for applying SimplyCLICK SBI Credit Card

Age Criteria: You must be between 21-60 years of age to apply for this credit card.
Income Requirements: You need to have a minimum annual income of ₹2.4 lakhs if you are a salaried individual residing in a metro city. For non-metro cities, the minimum annual income required is ₹1.8 lakhs for salaried applicants.
For self-employed individuals, the minimum annual income requirement is ₹3 lakhs if you reside in a metro city and ₹2.4 lakhs for non-metro areas.
Residential Status: You must be a resident Indian to be eligible for the SimplyCLICK credit card.
Credit History: A good credit score and a clean credit history with no defaults or delays in payments are essential criteria.
Employment Stability: If you are a salaried applicant, you should have been working with your current employer for at least 1 year. Self-employed individuals must have been in business for at least 2 years.
Documentation Required: You will need to submit KYC documents like PAN card, Aadhaar card, latest salary slips, bank statements, and residence proof when applying.
Existing Relationships: Existing SBI customers with savings/salary accounts may have an advantage during the application process.

Documents Required for SimplyCLICK SBI Credit Card

Identity Proof: A government-issued photo ID like your Aadhaar card, PAN card, or passport is mandatory. This serves as proof of your identity and helps the bank verify your details.

Address Proof: You’ll need to furnish a document that confirms your current residential address. This could be a recent utility bill (electricity, gas, or telephone), bank statement, or rental agreement.

Income Proof: Since credit cards are based on your repayment capacity, the bank will ask for proof of your income. This could be your latest salary slips (for salaried individuals), Form 16, or Income Tax Returns (for self-employed individuals).

Signature Proof: You may need to provide a document with your signature, such as a cancelled cheque or bank statement, to verify it matches your Credit Card Application Form.

Photographs: Most banks require you to submit a recent passport-size photograph along with your application.

Employment Details: If you’re a salaried individual, you may need to provide your company’s details, like the name, address, and contact information of your employer.

Additional Documents (if applicable): In some cases, the bank may request additional documents, such as your Visa/Work Permit if you’re a foreign national, or proof of your business if you’re self-employed.

How to apply for SimplyCLICK SBI Credit Card?

Eligibility Check: Before applying for the SimplyCLICK SBI Credit Card, ensure that you meet the eligibility criteria set by the bank. This typically includes factors such as your age, income, credit score, and employment status.

Gather Required Documents: Collect the necessary documents that will be required during the application process. This may include your identity proof (such as Aadhaar card or PAN card), address proof, income proof (such as salary slips or bank statements), and any other relevant documents specified by the bank.

Choose the Application Method: SBI offers multiple channels for applying for the SimplyCLICK Credit Card. You can apply online through the bank’s website, visit your nearest SBI branch, or apply through the bank’s mobile app.

Fill Out the Application Form: Whether you’re applying online or at the branch, you’ll need to fill out the credit card application form accurately with your personal details, employment information, income details, and any other required information.

Submit the Application: Once you’ve completed the application form, review the details carefully to ensure there are no errors. If applying online, you’ll need to submit the form electronically. If applying at the branch, submit the form along with the required documents to the bank representative.

Provide Additional Information (if required): In some cases, the bank may request additional information or documentation to verify your details or assess your creditworthiness. Promptly provide the requested information to facilitate the processing of your application.

Wait for Approval: After submitting your application, the bank will review your details and conduct necessary checks. This process may take some time, so be patient and wait for the bank’s decision.

Receive the Credit Card: If your application is approved, the bank will issue the SimplyCLICK SBI Credit Card and deliver it to your registered address within a specified timeframe.

Activate and Start Using: Once you receive the credit card, follow the instructions provided by the bank to activate it. This may involve setting up a PIN or completing any other necessary steps. After activation, you can start using your SimplyCLICK SBI Credit Card for your purchases and enjoy the benefits it offers.

SimplyCLICK SBI Credit Card Limit

The SimplyCLICK SBI Credit Card comes with a credit limit starting from Rs. 25,000 and going up to Rs. 5 lakh, depending on your eligibility and creditworthiness.
For salaried individuals, the credit limit is typically determined based on their monthly income, existing obligations, credit history, and other factors evaluated during the application process.
Self-employed individuals or professionals may need to provide additional documents, such as income tax returns, bank statements, and business registration proofs, to justify a higher credit limit.
It’s worth noting that the credit limit offered initially is often on the lower side, but you can request a credit limit increase after maintaining a good repayment history for a few months.
SBI periodically reviews your account and may proactively increase your credit limit if your credit behavior and income levels justify a higher spending power.

Rewards and Cashback on SimplyCLICK SBI Credit Card

Rewards on SimplyCLICK SBI Credit Card:

- - Earn 10X Reward Points on online spends, with no maximum cap on earning points.
  - Get 4 Reward Points for every Rs. 100 spent on dining, movies, and utility bill payments.
  - Earn 2 Reward Points for every Rs. 100 spent on other categories.
  - Redeem your Reward Points for exciting rewards like air tickets, hotel stays, shopping vouchers, and more.
  - Get a Welcome Bonus of 1,000 Bonus Reward Points on spending Rs. 10,000 within 60 days of card issuance.
  - Enjoy accelerated tier upgrades with the Reward Points earned on your credit card spends.

Cashback on SimplyCLICK SBI Credit Card:

- - Get 5% cashback on online spends, with no maximum cap on earning cashback.
  - Enjoy 2.5% cashback on dining, movies, and utility bill payments.
  - Earn 1% cashback on all other spends.
  - The cashback is credited directly into your credit card account, making it easy to redeem and use.
  - No minimum spending requirement to earn cashback, start earning from your first transaction.
  - The cashback earned is unlimited, so the more you spend, the more you save.

How to Redeem Earned Rewards and Cashback Points?

Rewards

- - SimplyCLICK SBI Credit Card rewards program allows you to earn reward points on every eligible purchase you make using your credit card.
  - The reward points earned can be redeemed for a wide range of options, including merchandise, gift vouchers, air miles, and more.
  - To redeem your reward points, log in to your SBI credit card account online or through the mobile app.
  - Under the “Rewards” section, you can browse through the available redemption options and select the one that suits your preferences.
  - The redemption process is straightforward and user-friendly, allowing you to easily redeem your points for the desired reward.

Cashback

- - In addition to the reward points, SimplyCLICK SBI Credit Card offers attractive cashback on various categories of purchases.
  - The cashback earned is credited directly to your credit card account, reducing your outstanding balance.
  - To redeem your cashback, simply continue using your credit card for eligible transactions, and the cashback amount will automatically reflect in your account statement.
  - The cashback redemption process is seamless and does not require any additional steps from your end.