SBI(State bank of India) offers different kind of credit cards based on customer spending pattern. SBI credit card would be best for online shoppers, Groceries, Amazon online shopping and utility bill payment. Let us discuss on major SBI credit card for you and it advantage.
1). SBI SIMPLY CLICK CREDIT CARD :
SBI Simply Click Credit Card for online shoppers . A lot of offers from Amazon, Flipkart, Makemytrip, Cleartrip and many more vendors can be availed using this card. Annual fee of this card is 499. It will be waived off if you spend 1 lakh amount per year from the date of approval.
Fees and Offers:
- Interest Rate – 40.20%
- Cash advance fee – 2.5% , min of Rs 300
- 10X rewards on online spends – Amazon / BookMyShow / Cleartrip / Foodpanda / FabFurnish / Lenskart / OLA / Zoomcar
- 5X rewards on all other online shopping
- A welcome e-gift voucher worth Rs 500 from Amazon for the new user
- 2.5% fuel surcharge waiver (on 500+ transaction amount)
- Cleartrip e-voucher worth Rs.2,000 on annual online spends of Rs. 1 Lakh (one more 2000 e-voucher on another 1Lakh milestone).
2). SBI Elite Credit Card :
SBI Elite credit cards offers free movie tickets, more points on grocery and departmental stores. If you think you would spend more than one lakh in credit card, it would be perfect fit. It would give benefit of 50,000 rupees as reward points, movie tickets and welcome gift. But all these offers are comes with heavy an annual fee of 4,999 including welcome gifts worth 4,999. Benefits of SBI Signature card users includes:
Fees and offers:
- Annual Fees : Rs. 4999
- You can earn benefits worth Rs30,000 every year.
- Welcome gift worth Rs 5,000 .
- You will get 2 Free movie tickets every month from Bookmyshow .
- 10 points per Rs 100 spent on dining, departmental stores, grocery & international spends .
- 2 points per Rs 100 spent on others.
- You will earn 10,000 bonus reward points on achieving annual spends of Rs 2 lakhs, 3 lakhs, and 4 lakhs
- The user will get 20,000 bonus reward points on crossing annual spends of Rs 5 lakhs.
1 Reward Point = Rs 0.25.
3). SBI Prime credit card:
SBI prime card would be good for Utility bills and reliance shoppers such as reliance fresh, reliance trends and reliance footprint. It provides 5 rupees worth reward points on each 100 rupees spend for utility bills.
Fees and Offers:
- Annual Fees : Rs. 2999.
- Renewal Fees : Rs 2999.
- Finance charges: Upto 3.35% per month (40.2% per annum), from the date of withdrawal.
- Get 20 Reward Points per Rs. 100 spent on standing instructions of Utility Bills payments.
- Get 15 Reward Points per Rs. 100 spent on BigBasket, Reliance Fresh, Reliance Smart, Reliance Footprint, Reliance Trends and Sahakari Bhandar stores.
- Get 10 Reward Points per Rs.100 spent on Dining, Groceries, Departmental stores and Movies.
4). SBI SimplySAVE credit card:
SBI simply save credit card is best for fuel and departmental stores spending. It gives freedom from paying 1% fuel surcharges in petrol pumps. Rs 2.5 worth of reward points for each 100 rupees spending on departmental stores.
Fees and Offers:
- Annual fees: Rs. 499.
- Enjoy 10 Reward Points per Rs 100 spent on Dining, Movies, Departmental Stores and Grocery Spends
- On all your other spends, earn 1 Reward Point per Rs 100 spent
(4 Reward Points = Rs. 1) - Get freedom from paying the 1% fuel surcharge at any petrol pump.
Explore the SBI credit card option based on your spending pattern and contact SBI credit card customer care to know more offers on SBI credit cards. Know the credit cards traps and select the best card for you. Happy and Responsible spending on Credit cards.