SBI Elite Credit Card vs SBI SimplyCLICK Credit Card

SBI Elite Credit Card by SBI is a premium credit card that offers some exclusive privileges that the premium cardholders want to enjoy which include complimentary domestic and international lounge visits, shopping vouchers from premium brands, discounts on dining bills, and much more. But on the other hand, SBI SimplyCLICK Credit Card is an entry-level credit card that provides you excellent reward points while you shop online using this credit card. You can earn reward points at a normal rate while also spending on offline transactions.

But since this card is an entry-level credit card, it will not provide you with any value-added services like dining, movies, etc which generally come with mid-level or premium credit cards. On one hand where SBI Elite Credit Card is placed at a joining fee of Rs. 4,999 whereas on the other hand SBI SimplyCLICK Credit Card is placed at 1/10th price i.e., Rs. 499 as that of the SBI Elite Credit Card.

Although the State Bank of India issues both cards, both cards possess features and benefits that are poles apart from each other. This article will discuss the features and benefits of both cards so that it will be effortless for you to choose according to your needs and requirements.

SBI Elite Credit Card

SBI launched the SBI Elite Credit Card to remain in competition with the credit cards of the other competitors in the market. Providing the best in class value-added privileges, this credit card has been designed to target the premium section of society. Along with this, you also get flight and hotel bookings at discounted rates, free movie tickets, and much more. With this card, you can earn 2 Rewards Points while transacting through this card and you can enjoy accelerated reward points for paying your dining bills using this card. The annual fee of the SBI Elite Card is placed at Rs. 4,999 plus applicable taxes which is on the higher side but worth the benefits that come along with this card. Keep reading to know more about this article in detail –

• As a welcome gift, you get a gift voucher worth Rs. 5,000 from any one brand which includes – Yatra, Hush Puppies/Bata, Pantaloons, Aditya Birla Fashion, and Shoppers Stop.
• You get 2 Reward Points on every Rs. 100 spent on all transactions excluding fuel.
• Accelerated 5x Rewards Points for every Rs. 100 spent on grocery, dining and departmental stores.
• The cardholder can enjoy up to 50,000 Bonus Reward Points on the basis of the amount that the cardholder spends using this credit card. The following table explains the same –

• The cardholder will get 50,000 reward points worth Rs, 12,500 per years. 10,000 Bonus Reward Points on spending Rs. 3 Lakhs and 4 Lakhs,  and  15,000 bonus reward points on spending over 5 Lakhs,  and 8 Lakhs respectively using your credit card in a year.
• Spend based waiver of annual fee on the expenditures above Rs. 10 Lakhs
• As a travel benefit, the SBI Elite Credit Cardholders will get complimentary Club Vistara Silver Membership and Trident red tier membership.
• With Trident Privilege Red Tier membership, you can get 1000 welcome points on registration.
• 2 complimentary domestic lounge access per quarter.
• 6 complimentary access to international airport lounges every year, limited to 2 visits per quarter with the Priority Pass Membership worth Rs. 99.
• With Trident Privilege membership, you can get up to 1,500 bonus points on your fist stay and additional Rs. 1,000 hotel credit on your extended night stays at the hotel.
• The cardholders with the MasterCard variant can get up to a 15% discount on the best available room rates on Lalit and F&B hotels.
• The cardholder with Visa Variant can enjoy up to 10% off on Hertz car rental and up to 35% off on Avis Car Rentals and exclusive benefits across 900 luxury hotels.
• Complimentary Tablet Plus Membership with access to VIP upgrades and privileges at hotels in India and abroad.
• The cardholders will get complimentary/ discounted movie tickets every month. The maximum benefit is capped at Rs. 6,000 per year and Rs. 250 per ticket. This offer is valid for at least 2 tickets per booking per month.
• The cardholders who own the American Express Variant can get up to a 25% discount on the dining bills at the partnered restaurants.
• With the SBI Elite Credit Card, the cardholders get 4 rounds of complimentary green fees access and up to 50% discount on golf games along with 1 complimentary lesson per month at select golf courses in India. Only the cardholders with MasterCard Variant can avail this benefit.
• This card offers a low foreign currency mark-up fee of 1.99% of the transaction amount on all foreign currency transactions.
• This card also offers a spend-based waiver on the renewal fee of the credit card. The renewal fee of Rs. 4,999 can be waived off upon spending Rs. 10 Lakhs or more in an anniversary year.
• The cardholder will also get a fuel surcharge waiver of 1% on all fuel transactions between Rs. 500 and Rs. 4,000 at all fuel stations in India. The maximum surcharge is capped at a maximum of Rs. 250 per month.
• The reward points earned with this credit card can be redeemed against gift vouchers and products available on the sbicard.com website or application.
• The points can also be redeemed against the card’s outstanding balance through internet banking.
• For redemption purposes, 1 Reward Point = Rs. 0.25.

Read More: SBI Card Elite Vs SBI Prime Credit Card

SBI SimplyCLICK Credit Card

This is an entry-level credit card by SBI Bank that is quite famous amongst the new entrants in the field of credit cards. This credit card provides cardholders with some exclusive benefits in the form of reward points while you spend using your credit card. The cardholders can earn reward points on regular spends made using the credit card and accelerated reward points while they spend on some specific categories such as while shopping on Amazon, BookMyShow, etc. Apart from this, this card also provides you with a fuel surcharge waiver and waiver of annual fees on the basis of the amount spend using your credit card in the previous year. The SBI SimplyCLICK Credit Card comes with an annual fee of Rs. 499 which is quite in sync with the benefits and rewards that this card provides. Following are the detailed benefits of this credit card –

• Upon paying the joining fee of the credit card, the cardholder will get an Amazon voucher worth Rs. 500 as a welcome benefit.
• The cardholders will get 1 Reward Point for every Rs. 100 spent using this card on all offline transactions except fuel.
• Higher reward points, i.e., 5x for every Rs. 100 spent while you spend on all online transactions using this credit card.
• Accelerated reward points, i.e., 10x for every Rs. 100 spent at partner merchants including Amazon, Cleartrip, BookMyShow, Eazydiner, Apollo 24×7, and Netmeds.
• Maximum capping of 10,000 Reward Points per month is applicable on the bonus reward points (under the 5x and 10x categories) that can be earned on online spends using this credit card.
• The cardholders will get the following as the milestone benefits –

– An e-voucher worth Rs. 2,000 from ClearTrip on achieving annual spends of Rs. 1 Lakh.
– An e-voucher worth Rs. 2,000 from ClearTrip on achieving annual spends of Rs. 2 Lakhs

• The annual fee of the credit card worth Rs. 499 can be waived off if the cardholder is able to achieve spends of Rs. 1 Lakh using the credit card in an anniversary year.
• The cardholders are entitled to a fuel surcharge waiver of 1% on all fuel transactions between Rs. 500 and Rs. 3,000 at all fuel stations in India. The maximum waiver is capped at Rs. 100 per month.
• The reward points earned with this credit card can be redeemed against gift vouchers and products available on the sbicard.com website or application.
• The points can also be redeemed against the card’s outstanding balance through internet banking.
• For redemption purposes, 1 Reward Point = Rs. 0.25.

Quick Comparison

Now that we have discussed the features of both the cards individually, let us now have a quick comparison between SBI ELITE Credit Card and SBI SimplyCLICK Credit Card –

Bottom Line

Both the credit cards by SBI Card are quite decent in their individual categories. While the SBI ELITE Credit Card is a premium credit card providing exclusive features and benefits to high-net-worth individuals. Not only reward points, but this card also provides various other advantages such as complimentary access to domestic and international airport lounges, amazing welcome benefits, benefits on movies and dining, golf benefits, milestone benefits, etc. This card comes with a joining and renewal fee of Rs. 4,999 which can be waived off if the cardholder is able to spend Rs. 10 Lakhs using his credit card in an anniversary year. On the other hand, the SBI SimplyCLICK Credit Card is an entry-level credit card that has been specially designed for new entrants in the field of credit cards.

This card provides the cardholders with some basic entry-level features and reward points but provides huge reward points when the amount is spent on partnered merchants like Amazon, BookMyShow, etc using this credit card. The SBI SimplyCLICK Credit Card also provides some other advantages such as welcome benefits, milestone benefits, fuel surcharge waiver, etc. This card is placed at a joining and renewal fee of Rs. 499 which is quite nominal considering the benefits that this card provides. The joining and renewal fee can be waived off on the basis of the amount spent using the credit card. Now that we have explained about both the credit cards in detail, it ultimately depends upon the needs and wants of the customer that which card does he wants to opt for.