Credit Cards

Credit cards image

What is Credit Cards?

It is a rectangular card having black strip and chip issued by finanacial institution. You can use it to pay for your shopping or in some case you can also borrow cash money from it. In other word you can say that it is pre approved loan by the financial institution with some terms and condition. And through your credit cards you can use that pre approved loan amount for shopping or do online payment. In return you have to pay the amount used within the time, given by your bank with some interest.

How to use it?

Its use is similar to the debit card. If you have used debit card there is nothing any difference. While shopping you have to give credit card to the shopkeeper. He will swap it same like debit card. Like debit card it has also 4 digit pin. If needed you have to enter pin in swap machine and payment is done. Now while doing online payment you have to give card number, cvv and the pin and the payment is done. Wherever you go you have to carry it with you. Doesnot matter you have balance in your bank or not. You can use the money in the it upto certain limit depending on which type of credit card you are using.

How Credit cards work?

Before applying for credit card you must know how it work for you. When you are taking it you can see some balance over there i.e. 100000. It means you have one lakh rupees of pre- approved loan which you can use when needed. Difference between loan and credit card is in loan you will get full amount in your account for which you have to pay emi and interest from very first month. But in case of credit card you are not getting the loan in your account. It will remain in the credit card you can use it as per your need. The amount that you have used for shopping or payment will be your debt i.e. laon you have taken.

For example if you had done the shopping of 60000 out of your card limit of one lakh. It means you are in a debt of 60000. Whatever shopping you have done for a month. A bill is generated in you billing date. ie 60000 will be your bill now you have to pay this bill by your due date . If you pay after your due date then you have to pay interest with it which is bit higher than regular loan you borrow from bank.

SBI Credit Card

There are nunber of SBI credit card in the market. We will discuss here all the credit card provided by SBI. SBI provide a wide range of credit card in the market. Lifestyle card, reward card, shopping card, travel and fuel card, banking partnership card, bussiness card are available for the customer. It also give lot of discount in shopping, dinner, movie ticket etc according to its variety. You have to choose the card according to your need. We will discuss here all benefits of diiiferent SBI credit card. We will compare annual fee and credit card limit. Lets see what are the credit card available in the market.

SBI Shopping Cards

There are total 19 SBI shopping cards available for customers. It give you a wide range of option to choose your credit card. You can choose best shopping credit card among these list. You have a variety of option in a single bucket.

Lifestyle Home Centre SBI Card PRIME

  • SBI Credit Card gives you a welcome benefit of 12000 reward point worth Rs 3000.
  • You will get 15 reward point on every purchase of Rs 100 on online or any retail store.
  • You will get milestone benefit worth Rs 14500 annually.
  • You will get complimentary domestic & international lounge access.
  • Joining Fee-2999+ tax
  • Renual fee-2999+ tax

Lifestyle Home Centre SBI Card SELECT

  • SBI Credit Card gives you a welcome benefit of 6000 reward point worth Rs 1500.
  • You will get 10 reward point on every purchase of Rs 100 on online or any retail store.
  • You will get milestone benefit worth Rs 8600 annually.
  • You can convert your SBI card reward Point into Landmark
  • Joining Fee-1499+ tax
  • Renual fee-1499+ tax

Max SBI Card PRIME

  • SBI Credit Card gives you a welcome benefit of 12000 reward point worth Rs 3000.
  • You will get 15 reward point on every purchase of Rs 100 on online or any retail store.
  • You will get milestone benefit worth Rs 14500 annually.
  • You will get complimentary domestic & international lounge access.
  • Joining Fee-2999+ tax
  • Renual fee-2999+ tax

Lifestyle HC SBI Card

  • SBI Credit Card gives you a welcome benefit of 2000 reward point worth Rs 500.
  • You will get 5 reward point on every purchase of Rs 100 on online or any retail store.
  • You will get milestone benefit worth Rs 4000 annually.
  • You can convert SBI card reward point into landmark.
  • Joining Fee-499+ tax
  • Renual fee-499+ tax

Spar SBI Card PRIME

  • SBI Credit Card gives you a welcome benefit of 12000 reward point worth Rs 3000.
  • You will get 15 reward point on every purchase of Rs 100 on online or any retail store.
  • You will get milestone benefit worth Rs 14500 annually.
  • You will get complimentary domestic & international lounge access.
  • Joining Fee-2999+ tax
  • Renual fee-2999+ tax

SimplyCLICK SBI Card

  • It gives you Amazon.in Gift Card worth Rs. 500 on joining
  • You will get 5X Reward Points on online spends and if you are shopping with our exclusive partner it will double upto 10X
  • You ca get E-vouchers worth Rs.2000 on annual online spends of Rs.1 Lakh and Rs.2 Lakhs each.

Max SBI Card SELECT

  • SBI Credit Card gives you a welcome benefit of 6000 reward point worth Rs 1500.
  • You will get 10 reward point on every purchase of Rs 100 on online or any retail store.
  • You will get milestone benefit worth Rs 8600 annually.
  • You can convert your SBI card reward Point into Landmark
  • Joining Fee-1499+ tax
  • Renual fee-1499+ tax

Spar SBI Card SELECT

  • SBI Credit Card gives you a welcome benefit of 6000 reward point worth Rs 1500.
  • You will get 10 reward point on every purchase of Rs 100 on online or any retail store.
  • You will get milestone benefit worth Rs 8600 annually.
  • You can convert your SBI card reward Point into Landmark
  • Joining Fee-1499+ tax
  • Renual fee-1499+ tax

Max SBI Card

  • SBI Credit Card gives you a welcome benefit of 2000 reward point worth Rs 500.
  • You will get 5 reward point on every purchase of Rs 100 on online or any retail store.
  • You will get milestone benefit worth Rs 4000 annually.
  • You can convert SBI card reward point into landmark.
  • Joining Fee-499+ tax
  • Renual fee-499+ tax

Spar SBI Card

  • SBI Credit Card gives you a welcome benefit of 2000 reward point worth Rs 500.
  • You will get 5 reward point on every purchase of Rs 100 on online or any retail store.
  • You will get milestone benefit worth Rs 4000 annually.
  • You can convert SBI card reward point into landmark.
  • Joining Fee-499+ tax
  • Renual fee-499+ tax

SimplySAVE SBI Card

  • If you spend Rs 2000 in 60 days you can get 2000 bonus reward point.
  • You will get 10 Reward Points per Rs.100 spent on Dining, Movies, Departmental Stores and Grocery Spends.
  • If you spends of Rs. 1,00,000 and above your annual fee will be reverse.
  • You will get 1% fuel surcharge waiver across all petrol pump.
  • Joining Fee-499+ tax
  • Renual fee-499+ tax

fbb SBI STYLEUP Card

  • You will get Flat 10% Discount on all Fashion Apparel, Accessories, Backpacks, Footwear & School Bags at fbbonline.in, fbb and Big Bazaar Stores
  • 10X Reward Points on Big Bazaar, fbb & Dining spend
  • Welcome gift of Rs. 500 worth fbb gift voucher
  • 2000 Reward points on Card Anniversary
  • Joining Fee-499+ tax
  • Renual fee-499+ tax

Central SBI Select+ Card

  • It gives you worth Rs5000 as a welcome benefit.
  • If you spend Rs.100 at any Central store you will get 20 select point.
  • If you spend Rs.100 on Dining & Movies you will get 10 select point.
  • You will get 2 Select Points per Rs.100 on other retail spends(Non-Fuel)
  • Joining Fee-2999+ tax
  • Renual fee-2999+ tax

Central SBI Select Card

  • It gives you worth Rs1500 as a welcome benefit.
  • If you spend Rs.100 at any Central store you will get 10 select point.
  • If you spend Rs.100 on Dining & Movies you will get 5 select point.
  • You will get 1 Select Points per Rs.100 on other retail spends(Non-Fuel)
  • Joining Fee-750+ tax
  • Renual fee-750+ tax

SBI Card Unnati

  • SBI Card Unnati is free for first 4 years. It means you will get this card free.
  • You will get 1 Reward Point per Rs.100 spent
  • You can get Rs.500 cashback on annual spends of Rs.50,000
  • Extra 1% fuel surcharge waiver in all petrol pumps
  • You have to apply it in the nearest branch.

SimplyCLICK Advantage SBI Card

  • It gives you Amazon.in Gift Card worth Rs. 500 on joining
  • you will get 5X reward points on online spend.
  • You will get 10X Reward Points on online spends and if you are shopping with our exclusive partner it will double upto 10X
  • You ca get E-vouchers worth Rs.2000 on annual online spends of Rs.1 Lakh and Rs.2 Lakhs each.
  • Joining Fee-499+ tax
  • Renual fee-499+ tax

SimplySAVE Advantage SBI Card

  • You will get 10 Reward Points per Rs.100 spent on Dining, Movies, Departmental Stores and Grocery Spends.
  • If you spends of Rs. 1,00,000 and above your annual fee will be reverse.
  • You will get 1% fuel surcharge waiver in all petrol pump.
  • Joining Fee-499+ tax
  • Renual fee-499+ tax

Shaurya SBI Card

  • You will get 5X Reward Points on CSD, Dining, Movies, Departmental Stores and Grocery spends.
  • If you spends of Rs. 50,000 and above your annual fee will be reverse.
  • You will get 1% fuel surcharge waiver across all petrol pump.
  • Joining Fee-free
  • Renewal fee-250+ tax

Shaurya Select SBI Card

  • You will earn 10 Reward Points per Rs. 100 spent on Dining, Movies, Departmental Stores & Grocery (including CSD canteen) spends.
  • You can get e-Gift Voucher worth Rs. 7,000 from Yatra or Pantaloons on achieving Rs. 5 Lakhs annual spends.
  • Joining Fee- Free for the first year.
  • Renewal Fee- 1499+tax