The SBI SimplyCLICK Credit Card and SBI Prime Credit Card are both excellent offerings from the State Bank of India (SBI), but they cater to slightly different segments and needs. Below is a detailed comparison, covering all aspects to help you choose the one that best suits your lifestyle.
Overview
- SBI SimplyCLICK Credit Card:
- Targeted towards online shoppers, the SimplyCLICK credit card offers numerous benefits specifically for e-commerce platforms. It is ideal for individuals who shop regularly on sites like Amazon, Myntra, and other partnered platforms.
- Annual Fee: INR 499 (waived off on spending INR 1,00,000 per year).
- Welcome Benefit: The card offers a welcome voucher from Amazon worth INR 500, making it appealing for those who frequently use Amazon.
- SBI Prime Credit Card:
- The Prime card is more premium and versatile, designed for users who are looking for a comprehensive card offering a wide range of benefits, from dining and shopping to travel and entertainment.
- Annual Fee: INR 2,999 (waived off on spending INR 1,00,000 per year).
- Welcome Benefit: The Prime card provides a welcome voucher for Amazon or Big Bazaar worth INR 3,000, which is higher than the SimplyCLICK card’s welcome offer.
Key Features Comparison
| Feature | SBI SimplyCLICK Credit Card | SBI Prime Credit Card |
|---|---|---|
| Target Audience | Primarily for online shoppers. | Suitable for a broader audience, including frequent travelers. |
| Annual Fee | INR 499 (waived on annual spend of INR 1,00,000). | INR 2,999 (waived on annual spend of INR 1,00,000). |
| Welcome Gift | Amazon voucher worth INR 500. | Amazon/Big Bazaar voucher worth INR 3,000. |
| Reward Points on Online Shopping | 10X points on online purchases with Amazon, Myntra, etc. | 2X points on online and offline purchases. |
| Reward Points on Other Purchases | 1X points on all other purchases. | 2X points on groceries, dining, and other regular purchases. |
| Travel Benefits | No major travel benefits. | Complimentary access to airport lounges (2 per quarter). |
| Dining Benefits | No special dining offers. | 15% off at participating restaurants. |
| Insurance Coverage | No travel or purchase protection benefits. | Comprehensive insurance covers for travel, purchase protection, and more. |
| Fuel Surcharge | 1% fuel surcharge waiver on fuel transactions. | 1% fuel surcharge waiver on fuel transactions. |
Detailed Analysis of Key Features
1. Reward Program
- SBI SimplyCLICK Credit Card:
- The SimplyCLICK card focuses heavily on online shopping, offering 10X reward points on purchases made with popular platforms like Amazon, Myntra, Cleartrip, BookMyShow, and more. These platforms are widely used for purchasing everything from fashion to movie tickets, making it a great choice for regular online shoppers.
- For all other purchases, you earn 1X reward point per INR 100 spent.
- SBI Prime Credit Card:
- The Prime card offers a more balanced reward structure. You earn 2X reward points for every INR 100 spent on online shopping, dining, and groceries, making it ideal for a wider variety of users who shop both online and offline. Additionally, you earn 1X point for all other purchases.
- The reward points can be redeemed through SBI’s rewards portal for various items, including gadgets, travel vouchers, and more.
2. Travel Perks
- SBI SimplyCLICK Credit Card:
- The SimplyCLICK card does not offer any specific travel benefits. It is more focused on e-commerce and online shopping, so it does not come with airport lounge access or travel-related discounts.
- SBI Prime Credit Card:
- For frequent travelers, the SBI Prime Credit Card is a superior option. It provides complimentary access to domestic airport lounges (2 visits per quarter) as well as travel-related perks like insurance coverage for trip cancellations, lost baggage, and flight delays. These benefits make it highly attractive for those who travel often for business or leisure.
3. Insurance Benefits
- SBI SimplyCLICK Credit Card:
- The SimplyCLICK card offers no significant insurance coverage for travel or shopping. It is primarily a low-cost, rewards-based card focusing on e-commerce purchases.
- SBI Prime Credit Card:
- The Prime card comes with comprehensive insurance benefits such as travel insurance, purchase protection, and emergency medical coverage. These insurance coverages offer peace of mind, especially for those who travel frequently or make big-ticket purchases.
4. Dining Benefits
- SBI SimplyCLICK Credit Card:
- The SimplyCLICK card offers no dining benefits, so if you’re looking for rewards or discounts on dining out, this may not be the card for you.
- SBI Prime Credit Card:
- The Prime card offers 15% off on dining at participating restaurants across India, which is a nice benefit for those who frequently dine out. This makes it more appealing for individuals who enjoy exploring new restaurants or often go out with family and friends.
5. Fuel Surcharge Waiver
Both cards offer a 1% fuel surcharge waiver on fuel transactions at all petrol stations across India. This is a modest but useful feature, especially for people who regularly use their credit cards to fill up their vehicles.
6. Annual Fees and Waivers
- SBI SimplyCLICK Credit Card has an annual fee of INR 499, which can be waived off if you spend INR 1,00,000 annually. This makes the card affordable, especially for users who predominantly shop online and can meet the spend requirement.
- SBI Prime Credit Card comes with a higher annual fee of INR 2,999, but this is also waived if you spend INR 1,00,000 annually. The higher fee is justified by the more premium benefits the card offers, such as dining, travel benefits, and more comprehensive insurance coverage.
Which Card is Best for You?
- SBI SimplyCLICK Credit Card: If you are an avid online shopper, especially on platforms like Amazon, Myntra, Cleartrip, and BookMyShow, and are looking for a low-cost credit card to earn rewards on your online purchases, the SimplyCLICK card is an excellent choice. It’s easy to use, has a low annual fee, and offers 10X rewards on online shopping, making it an ideal choice for digital-savvy shoppers.
- SBI Prime Credit Card: If you are looking for a more premium credit card with a comprehensive suite of benefits, including travel perks, dining discounts, insurance coverage, and more, the SBI Prime Credit Card is the better option. It is perfect for users who travel often, enjoy dining out, and seek enhanced benefits beyond just online shopping.
Conclusion
Both the SBI SimplyCLICK Credit Card and SBI Prime Credit Card are valuable, but they serve different purposes. The SimplyCLICK card is great for online shoppers, while the Prime card offers a more well-rounded package with travel, dining, and premium benefits.
To explore more about these credit cards and apply for one, visit the official SBI Cards website.
