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Best Sbi Credit Card Quora

3. SBI SimplyCLICK Credit Card




Annual Fee: Rs. 499
Best Suited For 
Online Shopping
Minimum Monthly Income: 
Rs. 20,000

One of the most popular credit cards by SBI Card, SBI SimplyCLICK Credit Card offers extra rewards on online shopping and even more accelerated earnings on shopping with partner brands. Some of its key highlights are

  • 500 Amazon Gift Voucher on joining
  • Earn 1 Reward Point per Rs. 100 spent
  • 5X Rewards on online shopping
  • 10X Rewards on online shopping with partner brands- Amazon / BookMyShow / Cleartrip / Lenskart / Netmeds / UrbanClap
  • Spend Rs. 1 Lakh in a year and get Rs. 2,000 voucher
  • Spend Rs. 2 Lakh and get additional Rs. 2,000 voucher
  • Get the annual fee of Rs. 499 reversed on spending Rs. 1 Lakh
  • 1% fuel surcharge waiver on transactions worth Rs. 500 and Rs. 3,000 (up to Rs. 100)

This is a basic credit card, is suited to everyone’s needs and offers accelerated rewards on online shopping. You should consider getting this credit card if:

  • Your monthly income is Rs. 20,000 or above
  • You wish to get a credit card for getting an additional liquidity in the form of credit limit
  • You will be able to spend enough on the card to avail rewards benefit
  • You prefer online shopping to store purchases
  • You have limited fuel expenses in a month and would like to save more on it

Best Sbi Credit Card For Salaried Employees


 [1] ICICI Amazon Pay Credit Card {For Beginners} :

  • Benefits

  1. Earn 5% back on Amazon India for Amazon Prime customers.
  2. Earn 3% back on Amazon India for non-prime customers.
  3. Earn 2% back on 100+ Amazon Pay partner merchants using this card on Amazon Pay as payment method even on Life insurance Premiums (E.x: LIC and other private company)
  4. Earn 1% back on all other payments.

Fees :

No Joining Fees, No Annual Fees.

Catch: you will receive all cashback as amazon pay balance only.

Conclusion: it is the best credit card for first-time credit card users, you have nothing to lose if you have this credit card.

Sbi Credit Card Which Is Best

[2] Flipkart Axis Bank Credit Card :

Benefits 

  • Flat 5% Cashback
    1. Flipkart
    2. Myntra
    3. 2GUD
    4. It will be auto-credited to the card account every month, so will get adjusted against the bills.
  • Flat 4% Cashback on Preferred Merchants namely
    • Uber
    • Uber Eats
    • Cure.fit
    • gaana
    • PVR
    • Urbanclap
    • MakeMyTrip &
    • It will be auto-credited to the card account 3 days prior to next statement date. (Purchase on 10th Jan || Cashback earned in the Jan cycle with statement date of 15th Jan || Cashback credited 3 days prior to next statement date i.e. on 12th Feb )

  • Flat 1.50% Cashback: on all other categories - except Gold, wallet loading and fuel spends.
  • Airport Lounge Access: 4 Domestic Airport complimentary lounge visits to select domestic airport lounges every calendar year with the card.

Fees:

Joining ₹ 500 + tax = ₹590, but against which you will get welcome benefits of

  • ₹500 worth Flipkart vouchers on your first transaction anywhere with your Flipkart axis bank credit card in Digital Form within 30 days of First Transaction.
  • Six months complimentary Gaana subscription
  • ₹500 off on domestic hotel booking with Goibibo on a minimum booking of ₹ 2,000.
  • Rs. 500 off on domestic hotel booking with Makemytrip on a minimum booking of ₹2,000.
  • 15 % cashback up to ₹500 on the first transaction on Myntra
  • 20 % instant discount up to ₹400 for new Urban Clap customers.

Annual Fees: ₹500 can be waived if you spend ₹2,00,000 per annum

Catch: here they settle cashback in the lower rounded rupee which not same as icici amazon pay credit card if you spend ₹145, then you will get only ₹2 cashback, not ₹2.17(as per 1.5% cashback or you spend ₹595 in Flipkart you will get the only ₹29 cashback, not ₹30 {as per 5% cashback})

Be aware If you making payment for flight ticket(Domestic & international) as well as bus ticket on makemytrip …for availing 4% cashback you have to apply some code…also, it will not be allowed for a multi-city flight ticket.C

Cashback shall not be eligible for following spends/transactions on the card,

  1. Fuel Spends
  2. Purchase of Gift cards on Flipkart, Myntra ,2gud
  3. EMI transactions
  4. Purchase converted to EMI
  5. Wallet Loading Transactions
  6. Purchase of gold items
  7. Cash advances
  8. Payment of outstanding balances
  9. Payment of card fees and other card charges.

Conclusion: it is good credit card, but I still prefer ICICI amazon credit card because of cashback settlement and poor customer support of Axis bank (i come to know such cashback calculation process after receiving first credit card statement of this credit card), as amazon has more partners which accept payment as amazon pay as well as settlement process is not complex as Axis bank.(i received the cashback for ICICI amazon cashback credit card , before the receiving the statement )

Best Sbi Credit Card For Shopping

[3] American Express Membership Reward Credit Card :

Fees:

Joining Fee = Free (only if you applied through Referal link)

Annual Fee

₹4500 +Tax = Around ₹5300, which can be waived if you spend ₹1,50,000 per year. else 50% waived off if total spend on the card in the immediately preceding membership year is ₹ 90,000.

Benefits 

[1] 1 Reward point for every ₹50.

[2] makes 4 transactions of ₹ 1000/- and more in a month, you will get a bonus of 1000 points for that month.[which easily achievable as adding money in wallet in paytm, Amazon etc. will also be considered or you can use on other online platforms also.] as well as the physical swap is also considered.

[3] joining by referral, one will get 2000 points(and if someone applied for a card through your invitation you will get 8000 Points + person who gets the card through your invitation will get 2000 Points). on spend of ₹5,000 within the first 90 days of Card Membership.

[4] get 2 add on card for free (Revised On 1st Feb 2020)

[5] The points that you earn never lapse.

[6] Excellent Customer Service.

[7] Reward Programme (Revised On 1st Feb 2020) :

18,000 Points / 18 Karat Gold Collection

  1. Taj Hotel Voucher ₹9,000
  2. Statement Credit worth ₹6,000
  3. Amazon Gift Card worth ₹7,000
  4. Amex Domestic Travel E-voucher ₹ 7,000

24,000 Points / 24 Karat Gold Collection

  1. Taj Hotel Voucher ₹14,000
  2. Tanishq voucher worth ₹10,000
  3. Statement Credit worth ₹9,000.

Now With Example : (i am not into the deep calculation, simple logic)

Check Below Image : Here, i suggest you to (Condition: 1a) spend average ₹12,500 per month out of which (Condition: 1b) you have to make 4 transactions which value is more than ₹ 1,000 so you can get 1,000 bonus point every month(condition {1b} is must). so at the end of the year you spend ₹1,50,000 , so did not have to pay annual fees.


Now for the next 3 months, you have to spend ₹4,000 per month (4 transactions of ₹1,000 for 3 months). so after getting 18,000 points, you can redeem against below of the any option, if you wish to go with Taj hotel then it is the best reward but as per my suggestion you can go with Amazon gift card (which is the most practical Option

  1. Taj Hotel Voucher ₹9,000
  2. Statement Credit worth ₹6,000
  3. Amazon Gift Card worth ₹7,000
  4. Amex Domestic Travel E-voucher ₹ 7,000

On 1st Year if you apply through Referral Link you will get 4,000 Bonus Point so in 1st year you can get by spending 1,40,000 in 11 months (but condition {1b} must be satisfied) Return Rate would be 5%

This is for 2nd Year onwards || So Against ₹1,62,000 You will get ₹7,000 Vouchers so Return Rate is Almost 4.32% however if you calculate For Taj Voucher then Return Rate would be 5.55%.


You Can Apply From Referral: The American Express Membership Rewards® Credit Card

Catch: You will not get rewards points at Fuel, Insurance, Utilities and Cash Transactions.

Conclusion: IF YOUR SALARY IS 50K THEN AMERICAN EXPRESS MEMBERSHIP REWARD IS THE BEST OPTION.

Best Sbi Credit Card Quora

[4] HDFC Diners Club Privilege Credit Card:

Eligibility 

Salary: ₹ 40,000 Per Month

Busines: ₹ 6L Or Higher

Fees 

Annual Fees: ₹ 2500 + GST

Renewal Fees: ₹ 2500 + GST

Spend ₹3 lakh in 12 months and get a renewal fees waiver

Benefits

HDFC Diners Club Privilege Credit Card comes with following complimentary annual memberships:

[1] Zomato Gold

[2] Amazon Prime

[3] MakemyTrip Double Black

[4] Times Prime

[5] Big Basket Star

Monthly Milestone

Monthly

Complimentary choice of any 1 voucher can be availed amongst Ola Select membership or BookMyShow or TataCLiQ worth ₹ 500 every month on spends of ₹ 40,000 in a calendar month

Yearly

Complimentary annual memberships can be availed from below partners upon achieving annual spend milestone of ₹5 Lakhs at the time of card anniversary.

Zomato Gold, Amazon Prime, MakeMyTrip Double Black, Times Prime, BigBasket Star.

Reward Points

  1. 4 reward points per ₹150 spent, 1.3% reward rate
  2. 1 reward point = ₹ 0.50 if used for booking hotels and air tickets at From their Portal
  3. 1 reward point ~ ₹0.20 if used for redeeming from reward catalog or cash
  4. 10X Rewards on Smartbuy (Hotels & Flights, Amazon, Flipkart, IRCTC, Oyo Rooms cleartrip, Yatra) + Partners { Myntra, ola, zoomcar , First cry } : 13% reward rate
  5. 2X rewards on weekend dining, 2.6% reward rate Minimum transaction: ₹150 Maximum Points can be earned on weekend dining reward points: 2,000
  6. Reward points can be converted to AirMiles across British Airways Executive Club (Avios), Singapore Airlines (KrisFlyer Miles) or Club Vistara in 2:1 ratio (2 Reward Points = 1 Air Mile)
  7. Rewards Points are valid only for 2 years from the date of accumulation

Airport Lounge Access 

  1. 12 Airport lounge access to 1000+ Lounges in India and worldwide
  2. Lounge access is complimentary for both primary and add-on card holders.

No need to carry extra Priority Pass/Dreamfolks DragonPass.

Foreign Exchange Markup fee

1.99% + GST (get an additional 1% cashback by enabling Global Value Program)

Insurance

Air accident insurance cover worth ₹1 crore

Medical emergency insurance cover of up to ₹25 lakh

Travel insurance cover of ₹ 55,000 for baggage delay or loss.

Golf Privileges

  1. 2 Complimentary Golf Games per Quarter

catch: Now they limit 5000 Points per credit card billing cycle. and Dinner’s club has acceptance Problem Outside India. Partners List changed Frequently (not on daily basis but on mostly quarterly )

Conclusion: Overall, it is still preferable Credit card as it offers international as well as Domestic lounges, And Reward is also good.

From the above

Best Sbi Credit Card

[1] Amex Membership Reward Credit Card is the Best credit card as of now in India.

[2] ICICI amazon Pay Credit Card

[3] HDFC Diners Club Privilege Credit Card

[4] AxisBank Flipkart Credit Card.

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