SBI Bank has launched SBI SimplyCLICK Credit Card for those who want to shop online.
(Like from Amazon, BookMyShow, Cleartrip, Lenskart, Netmeds and UrbanClap etc.)
SBI
Bank has given various benefits and rewards points on uses of SBI SimplyCLICK
Credit Card. This credit card comes in contactless technology.
There
are also some fees and charges for uses of SBI SimplyCLICK Credit Card to avoid
overuses of Credit Cards and maintain the Credit Card Limit.
In the following, we have explained the details review, Features & Benefits, Fees and Charges and How to apply for an SBI SimplyCLICK Credit Card and document required for applying this credit card.
What are the Features and Benefits of SBI SimplyCLICK Credit Card?
SBI
SimplyCLICK Credit Card help to those who want to purchase online, SBI Bank
gives benefits on use of SBI SimplyCLICK Credit Card like:
- You will get a Welcome e-gift card worth Rs.500 from Amazon for applying this card.
- Annual Fees reversed of Rs.499 on spending Rs.1 Lacs or more in the previous year.
- E-Voucher worth Rs.2000/- from Cleartrip on reaching spends milestones of Rs.1 Lacs and Rs. 2 Lacs.
- 1% Fuel Surcharge waiver for each transaction between Rs.500 to Rs.3000, but maximum waiver is Rs.100 per month.
- SBI SimplyCLICK Credit Card comes in contact less technology, So you can make payment upto Rs.2000 per transaction without using credit card PIN.
- Reward Points are given upon spending like:
- 10 reward points per Rs.100 on online purchase from Amazon, BookMyShow, Cleartrip, Lenskart, Netmeds and UrbanClap
- 5 reward points per Rs.100 on other online transactions.
- 1 reward point per Rs.100 spent on other transactions.
Also Read: SBI Credit Card (How to activate/deactivate Auto Debit facility)
What are the Fees and Charges of SBI SimplyCLICK Credit Card?
|
Annual Fees |
Rs.499 |
|
Renewal Fees |
Rs.499
(Will be reversed if you spends equal or more than Rs.1 Lacs in previous
year) |
|
Interest Free credit Period |
20-50
days, depends upon the purchases but your last month outstanding balance
should be paid in full. |
|
Late Payment Fee |
Less
than Rs.500 – NIL Rs.500
to Rs.1000 – Rs.400 Rs.1000
to Rs.10000 – Rs. 750 Rs.10000
to Rs.25000 – Rs. 950 Rs.25000
to Rs.50000 – Rs. 1100 Above
Rs.50000 – Rs. 1300 |
|
Cash Advance Limit |
80%
of the Credit Limit, but maximum withdrawal Limit Rs.12000 per day |
|
Cash Advance Fees |
2.5%
of withdrawal or Rs.500 per transaction whichever higher |
|
Cash Advance Fees at
International ATMs |
2.5%
of withdrawal or Rs.500 per transaction whichever higher |
|
Overdue & Cash Advance
Interest Rate |
Upto
3.50% per month (i.e. 42% per annum from the date of transaction) |
|
Over limit Charges |
2.5%
of over limit but minimum Rs.600 |
|
Payment dishonor fee |
2%
of payment or Rs.500 |
|
Card replacement Charges |
Rs.100
to Rs.250 |
Also Read:
What are the Eligibility Criteria of SBI SimplyCLICK Credit Card?
For
applying SBI SimplyCLICK Credit Card there are some eligibility criteria which
are as:
- Your age must be between 18 to 60 years.
- Both Salaried and Self-employed people can be applied.
- Minimum income for salaried people should be Rs.20000 per month.
- Minimum income for a Self-employed person should be Rs.30000 per month.
What are the
documents required for applying for an SBI SimplyCLICK Credit Card?
You
need to arrange the following document for applying SBI SimplyCLICK Credit
Card:
- Identity Proof
- Address Proof
- PAN Card
- Passport Size Photograph
- Income Proof
- Bank Statement etc.
Also Read:
How to apply for SBI SimplyCLICK Credit Card?
To
apply for an SBI SimplyCLICK Credit Card you need to visit the nearest branch
of SBI and meet the Credit Card issuing Officer or Branch Manager.
For more update detail and apply online, you can visit SBI Card official webpage
Conclusion
SBI
SimplyCLICK Credit Card helps the user for shopping online like from Amazon,
BookMyShow, Cleartrip, etc. There are various benefits and rewards points on
uses of SBI SimplyCLICK Credit Cards. So you must use this credit card for
shopping online.
Our advice not to use any Credit card if you are not able to pay its bill in future.