SBI SimplyCLICK Credit Card Vs Amazon Pay ICICI Bank Credit CardSBI SimplyCLICK Credit Card Vs Amazon Pay ICICI Bank Credit Card

SBI SimplyCLICK Vs Amazon Pay ICICI Bank Credit Card

SBI Bank and ICICI Bank are committed to meeting the varied requirements of their customers. Their credit cards, while distinct, offer similar benefits like authentic credit limits and exclusive deals.

Selecting between the SBI SimplyCLICK Credit Card and the Amazon Pay ICICI Bank Credit Card, both prominent choices for entry-level credit cards, presents a challenge as they offer a comparable range of benefits and features. This decision demands thoughtful evaluation to match the card’s offerings with one’s personal preferences. The importance of organizing one’s thoughts on this matter cannot be overstated, as the right credit card facilitates access to optimal market deals. Beyond that, the rewards and benefits associated with the right credit card not only enhance value for money but also yield a higher return compared to using cash for expenses.

Features and Benefits of SBI SimplyCLICK Credit Card and Amazon Pay ICICI Bank Credit Card

SBI SimplyCLICK Credit Card:

  • Welcome Benefit:
    • Amazon gift voucher worth Rs. 500 on joining.
    • Valid for 12 months from accrual date.
  • Reward Benefit:
    • 1 RP on every Rs. 100 spent offline.
    • 10X RP on online purchases with partnered merchants.
    • 5X RP on other online expenses.
    • Max monthly RP earning cap: 10,000.
    • RP redemption options available on the bank’s website.
  • Milestone Benefits:
    • Receive a ClearTrip e-voucher worth Rs. 2,000 when you make annual purchases exceeding Rs. 1 lakh.
    • Another Rs. 2,000 e-voucher for annual spending over Rs. 2 lakh.
    • Joining fee waiver on annual spending over Rs. 1 lakh.
  • Fuel:
    • 1% fuel surcharge waiver on transactions between Rs. 500 and Rs. 3,000.
    • Max benefit capped at Rs. 100 per month.

Amazon Pay ICICI Bank Credit Card:

  • Welcome Benefit:
    • Flat Rs. 150 off on bill payments or first shopping with Amazon.
    • Cashback on various bill payments and recharges.
  • Reward Benefits:
    • 5% cashback for Prime members on all Amazon purchases.
    • 3% cashback for non-Prime members on Amazon purchases.
    • 1% cashback for international transactions.
    • Earn extra cashback when you dine at partnered restaurants or make other transactions.
    • Rewards automatically added to Amazon Pay account.
  • Dining Benefits:
    • Minimum 15% off on dining payments with partnered restaurants.
  • Fuel:
    • 1% fuel surcharge waiver for transactions below Rs. 4,000.

Fee and Charges of SBI SimplyCLICK Credit Card and Amazon Pay ICICI Bank Credit Card

SBI SimplyCLICK Credit Card:

  • Joining/Annual Fee: Rs. 499 + applicable taxes.
  • Reward Redemption Rate: Rs. 99 + applicable taxes per redemption.
  • Interest Rate: 3.5% per month or 42% annually.
  • Foreign Exchange Fee is assessed at 3.5% of the complete transaction value, without any repetition.
  • Cash Advance Charge: 2.5% of withdrawal amount or Rs. 500, whichever is higher.

Amazon Pay ICICI Bank Credit Card:

  • Joining/Annual Fee: NIL.
  • The interest rate offered ranges from 3.5% to 3.8% monthly, which translates to an annual percentage rate (APR) of 42% to 45.6%.
  • Foreign exchange fee is charged at a rate of 3.5% of the entire transaction value.
  • Cash Advance Charge: 2.5% of withdrawal amount or Rs. 500, whichever is higher.
  • Card Replacement Fee: Rs. 100 for issuing a new card.

Comparison between SBI SimplyCLICK Credit Card and Amazon Pay ICICI Bank Credit Card

SBI SimplyCLICK Credit Card:

  • Joining Fee: Rs. 499 + applicable taxes
  • Welcome Benefits:
    • Amazon gift voucher worth Rs. 500
  • Flat Discounts:
    • Get a discount of Rs. 150 when you make bill payments or shop for the first time on Amazon.
  • Cashback on Bills:
    • 20% cashback on electricity bills (up to Rs. 250)
    • 50% cashback on prepaid mobile recharge (up to Rs. 100)
    • 25% cashback on postpaid mobile recharge (up to Rs. 300)
    • 10% cashback on gas cylinder payments (up to Rs. 125)
    • 25% cashback on broadband bill and DTH recharge (up to Rs. 350 and Rs. 100 respectively)
  • Reward Benefits:
    • 1 RP on every Rs. 100 spent offline
    • 10X RP on online purchases with partnered merchants
    • 5X RP on other online expenses
  • Cashback for Amazon Purchases:
    • 5% for Prime members
    • 3% for non-Prime members
  • Cashback on Partnered Restaurants:
    • 2% on transactions from 100+ partnered restaurants using Amazon Pay
  • Reward Redemption Fee: For each redemption request, there’s a charge of Rs. 99 along with any applicable taxes.
  • Milestone Benefits:
    • Upon spending over Rs. 1 Lakh annually, ClearTrip offers an e-voucher valued at Rs. 2,000, ensuring an added benefit for your purchases.
    • On yearly expenditures surpassing Rs. 2 Lakhs, ClearTrip offers an extra e-voucher valued at Rs. 2,000.
    • Joining fees waiver on annual spends over Rs. 1 Lakh
  • Fuel Surcharge Waiver: 1% at all fuel stations
  • Interest Rate: 3.5% per month or 42% annual fee
  • Foreign Exchange Rate: 3.5% of the total transaction amount
  • Cash Advance Fee: 2.5% of withdrawal amount or Rs. 500, whichever is higher

Amazon Pay ICICI Bank Credit Card:

  • Joining Fee: NIL
  • Welcome Benefits:
    • Enjoy a straight discount of Rs. 150 on your initial purchase or bill payment on Amazon.
    • 20% cashback on electricity bills (up to Rs. 250)
    • 50% cashback on prepaid mobile recharge (up to Rs. 100)
    • 25% cashback on postpaid mobile recharge (up to Rs. 300)
    • 10% cashback on gas cylinder payments (up to Rs. 125)
    • 25% cashback on broadband bill and DTH recharge (up to Rs. 350 and Rs. 100 respectively)
  • Reward Benefits:
    • 1 RP on every Rs. 100 spent offline
    • 10X RP on online purchases with partnered merchants
    • 5X RP on other online expenses
  • Cashback for Amazon Purchases:
    • 5% for Prime members
    • 3% for non-Prime members
  • Cashback on Partnered Restaurants:
    • 2% on transactions from 100+ partnered restaurants using Amazon Pay
  • Reward Redemption Fee: N/A
  • Dining Benefits: 15% off on all dining payments with partnered restaurants of ICICI Banks Culinary Treats Program
  • Milestone Benefits: N/A
  • Fuel Surcharge Waiver: 1% at all fuel stations
  • Interest Rate: 3.5% to 3.8% per month or 42% to 45.6% annual fee
  • Foreign Exchange Rate: 3.5% of the total transaction amount
  • Cash Advance Fee: 2.5% of withdrawal amount or Rs. 500, whichever is higher

Which credit card suits you best?

  • SBI SimplyCLICK Credit Card and Amazon Pay ICICI Bank Credit Card excel in their respective domains.
  • SimplyCLICK is a program that grants users points for every purchase they make, which can later be exchanged for rewards listed in the bank’s catalog.
  • Amazon Pay ICICI is ideal for avid online shoppers, especially those who frequently use Amazon.
  • Both cards have unique designs tailored to online markets but serve different purposes.
  • The merchant payment acceptance range is broader for SimplyCLICK compared to Amazon Pay ICICI, which is limited to Amazon transactions.
  • Amazon Pay ICICI offers dining discounts, adding to its appeal for users.

Frequently Asked Questions (FAQs)

Q1: What makes the SBI SimplyCLICK Credit Card unique?

A: The SBI SimplyCLICK Credit Card stands out for its reward points system, applicable to all purchases, which can be redeemed from the bank’s catalog.

Q2: How does the Amazon Pay ICICI Bank Credit Card cater to online shoppers?

A: The Amazon Pay ICICI Bank Credit Card caters to enthusiastic online shoppers, particularly those who regularly shop on Amazon. It provides specialized perks specifically tailored for transactions made on the platform.

Q3: What are the key differences in design between the SimplyCLICK and Amazon Pay ICICI credit cards?

A: Both credit cards have creatively designed features, but they cater to different purposes within the online market, offering unique benefits and functionalities.

Q4: Is there a difference in the range of merchant payments accepted by SimplyCLICK and Amazon Pay ICICI?

A: Certainly! SimplyCLICK offers a wider acceptance scope for merchant transactions, contrasting with Amazon Pay ICICI, which mainly concentrates on facilitating transactions within the Amazon ecosystem.

Q5: Are there specific perks or benefits that can be obtained by redeeming the reward points accumulated through the usage of the SBI SimplyCLICK Credit Card?

A: Certainly! The SimplyCLICK Credit Card allows you to accumulate reward points, which you can later redeem for various options featured in the bank’s catalog.

Q6: What specific advantages does the Amazon Pay ICICI Bank Credit Card offer, aside from online shopping benefits?

A: In addition to online shopping benefits, the Amazon Pay ICICI Bank Credit Card provides dining discounts, enhancing its appeal to users.

Q7: How are the dining discounts utilized with the Amazon Pay ICICI Bank Credit Card?

A: Users of the Amazon Pay ICICI Bank Credit Card can enjoy discounts at partner restaurants, making dining experiences more cost-effective.

Q8: Are there any overlapping features between the SBI SimplyCLICK and Amazon Pay ICICI credit cards?

A: Certainly! Each credit card offers unique advantages and perks, designed to suit various online spending habits and individual preferences, ensuring there’s something for everyone.

Q9: Can I use the Amazon Pay ICICI Bank Credit Card for transactions outside of Amazon?

A: While the primary focus is on Amazon transactions, the card can be used for other payments, albeit with a more limited merchant acceptance range compared to SimplyCLICK.

Q10: How do I choose between the SBI SimplyCLICK Credit Card and Amazon Pay ICICI Bank Credit Card?

A: The choice depends on your specific preferences and spending habits. Consider factors such as the types of purchases you make, your preferred online platforms, and the benefits each card offers to determine the better fit for your needs.

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