2. SBI SimplyCLICK Credit Card
- Issuing Bank: State Bank of India (SBI)
- Annual Fees: ₹499 (Plus GST; Renewal fee waiver on spends of ₹1 Lakh+)
- Ideal For: Online shoppers (especially Amazon), Entertainment, Beginners.
Key Features:
- 10X Reward Points on online spends with exclusive partners (Amazon, BookMyShow, Cleartrip, Lenskart, Netmeds, etc. – list may vary).
- 5X Reward Points on other online spends.
- 1 Reward Point = ₹0.25 (Effectively 5% and 2.5% value on partner and other online spends).
- Annual voucher worth ₹500 on spends of ₹1 Lakh+.
- Complimentary Amazon Prime membership worth ₹999 on spends of ₹1 Lakh within first 2 months (T&Cs apply).
- Welcome benefit of ₹500 Amazon voucher on joining fee payment.
Pros:
- Excellent rewards on key online merchants, especially Amazon.
- Low annual fee.
- Attractive welcome benefits including potential Prime membership.
- Good option for freelancers/young adults (may not require income proof).
Cons:
- Maximum 10X rewards capped at ₹10,000 spends per month per partner.
- Offline spends earn only 1X points (1 RP/₹100).
- Partner list can change; need to track.
