Credit cards have become an integral part of our financial lives, offering convenience and rewards. Among the many options available, the SBI SimplyClick Credit Card and BoB Easy Credit Card are two popular choices. In this blog, we will compare these cards based on their features, benefits, and suitability for different customer profiles.
Features and Benefits:
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SBI SimplyClick Credit Card:
- Rewards Program: The SBI SimplyClick Credit Card is tailored for online shoppers, offering accelerated rewards on e-commerce transactions, including partner websites like Amazon and Flipkart.
- Milestone Benefits: Cardholders can earn e-vouchers worth Rs. 2,000 on annual online spends of Rs. 1 lakh and Rs. 2 lakh, respectively.
- Fuel Surcharge Waiver: Enjoy a fuel surcharge waiver of 1% at all petrol stations across India, subject to a minimum transaction amount.
- Joining and Renewal Fee: The joining fee is nominal, with renewal fees waived off for annual spends exceeding Rs. 1 lakh.
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BoB Easy Credit Card:
- Interest-Free Period: BoB Easy Credit Card offers an interest-free period of up to 50 days on retail purchases, providing flexibility in managing payments.
- Reward Points: Cardholders can earn reward points on every purchase, which can be redeemed for a wide range of options, including merchandise, vouchers, and airline miles.
- Dining Discounts: Enjoy attractive discounts at partner restaurants and dining outlets.
- Contactless Payment: The card supports contactless payments, allowing for quick and secure transactions.
Suitability:
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SBI SimplyClick Credit Card:
- Online Shoppers: This card is ideal for individuals who frequently make online purchases, as it offers enhanced rewards on e-commerce transactions.
- Milestone Spenders: Customers who can achieve high annual spends are rewarded with milestone benefits, making this card more appealing for big spenders.
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BoB Easy Credit Card:
- Flexible Payment Management: For individuals seeking a credit card with a longer interest-free period, the BoB Easy Credit Card provides an advantage in managing their expenses effectively.
- General Usage: With its reward points and dining discounts, this card caters to a wider audience and offers value for everyday purchases and dining experiences.