First let us see how SBI Simply Click Card looks
So, first lets see the feature of this card from SBI. This card is kind of a messiah in today’s’ online world. We all shop online and the trend would only pick up in the years to come.
No doubt we have amazon coupons, foodpanda coupons, ola coupons but there is always need of more and this is the arena where the cards come to rescue.
Lets look at the features.
You get Rs. 500 joining gift voucher from amazon for free.
The cashback is not limited to these stores. If you do your shopping on any other website apart from these you earn 5 reward points which is equal to 1.25%. So, lets assume you make electric bill payments of around Rs. 20,000 per year. Now due to this card and freecharge coupons, freecharge offers or mobikwik coupons, mobikwik offers or paytm coupons, paytm offers and paytm deals from klippd would help you save 5% plus extra 1.25% per year. This leads to an indirect saving of Rs. 250 per year. This was just one of the basic things which we all have to pay for. If we expand this horizon to mobile bills, telephone bills, groceries and much more the 1.25% can be very big and can run into 1000’s easily per year. Again, this 1.25% is just the cherry, the cake are the coupons and cash backs from klippd.
Also, to add is that all your offline shopping would give you 0.25% cashback, though this is very less when compared to some other cards which we would review in the very near future.
The SBI SimplyClick card also comes with a bonus. You get Rs. 2000 worth amazon voucher for free on spending Rs. 100,000 per year and another Rs. 2000 free amazon voucher if you spend Rs. 200,000 per year. 200,000 per year is an easy catch and you can easily get these Rs. 4000 vouchers for free.
This SBI card comes with an annual fee of Rs. 499 but we get Rs. 500 joining gift voucher worth Rs. 500 from amazon. Also, the fees get waived off, if we spend Rs. 100,000 per year.
Lets do our fledged and threshold analysis on this card of SBI.
Full fledged Analysis:
Lets assume we spend around Rs. 60,000 on amazon / BookMyShow / Cleartrip / Foodpanda / FabFurnish / Lenskart / OLA / Zoomcar cumulatively. This figure of Rs. 60,000 is a complete guess and nothing else. So apart from the amazon coupons from klippd, amazon offers, foodpanda coupons, foodpanda offers, fabfurnish coupons, fabfurnish offers, lenskart coupons, lenskart offers, bookmyshow offers, bookmyshow coupons, ola coupons, ola offers, zoomcar coupons, zoomcar offers from klippd, you get 2.5% cash back which is as good as Rs. 1500 per year.
Lets assume we also spent Rs. 100,000 on other websites which includes flipkart, snapdeal, koovs, yatra, abof, makemytrip etc and again apart from the flipkart coupons and offer, snapdeal offers and coupons, koovs deals, koovs coupons, koovs offers, yatra coupons, yatra deals and offers, abof codes, abof offers, abof coupons, makemytrip deals and offers, we get 1.25% in cashback due to this SBI SImplyClick Card.
This would mean a saving of Rs. 1,250 per year.
So we have already achieved Rs. 2,750 in savings as of now.
Plus we also got the free amazon gift voucher worth Rs. 2000 on reaching an annual spend of Rs. 100,000.
Now, we can easily spend Rs. 50,000 like dmarts, bigbazaars though other card like SBI FBB card would suit more.
So, we saved Rs. 250 on our offline shopping apart from the dmart coupons and offers and big bazaar coupons and deals.
So, in all, we saved like Rs. 3,000 on an annual basis. Plus we got Rs. 4000 worth amazon gift vouchers for free and Rs. 500 worth amazon gift voucher that we got on joining.
So, the total sum of savings is Rs. 7500.
Lets do a threshold analysis.
Now, since with SBI Card, you get Rs. 500 worth amazon gift voucher anyways as joining gift, your first year fees is already paid.
To make the second year, free either we have to spend more than Rs. 100,000 or we will have to spend Rs. 20,000 per year on the preferred partners like amazon, bookmyshow, ola, foodpanda, lenskart etc.
Rs. 40,000 spends on the likes of flipkart, snapdeal, abof, koovs etc.
Rs. 200,000 offline now this would directly help you get Rs. 4000 worth amazon gift voucher for free.
So, overall, it is a complete win win situation.
Pro Tip: You can ask your friends and relatives to make the spends on amazon and other preferred partners through your SBI SimplyClick Card. You can give them 1% benefit and you reach your Rs. 200,000 per year score fast and easily.
So, overall we recommend our users to keep this card for all your online spends. In fact, you can form a group of two to four and can take one card jointly.
Stay klippd, Stay frugal, Stay happy, Save Money