A Quick Comparison Of 4 Best SBI Credit Cards

Credit Cards from State Bank of India (SBI) are often touted as the best, while some prefer Citibank credit cards.Honestly speaking, what works best for one individual, does not for another. If one credit card nbsp;holder is inclined to use the a credit card for petrol and gains points there, another might want to use it purely for restaurants. nbsp;So, a fuel credit card, may not gain you good reward points at a departmental store. Here are the best SBI Credit Cards we have compared.In any case, here are the best SBI Credit Cards that we have compared:BenefitSBI Platinum CardSBI Signature CardsSimply Save SBI CardReward Points5 times rewards at departmental stores, grocery and eating out.5 times rewards at departmental stores, grocery and eating out.10 times rewards at departmental stores, grocery and eating out.Reward PointsFor every Rs 100, get 2 reward pointsFor every Rs 100, get 2 reward pointsFor every Rs 100, get 1 reward pointsFuel SurchargeWaiver of up to Rs 250.Waiver of upto Rs 250.Waiver of up to Rs 100.Annual FeeRs 2999Rs 4999Rs 499Annual Fee reversed nbsp; nbsp;On Spends of Rs 2 lakh per year If you are going to spend a lot of money, we suggest you buy the SBI Platinum Card. This is a card for people with a higher income. The annual fees are a whopping Rs 2999. Of course, through a lot of shopping, dining out and frequent travelling, you can add points and therefore, recover the annual charges.This is also because your reward points are higher than say for example other ordinary credit cards. There is also a welcome gift that SBI gives on this credit card.Of course, when applying you should check with the executive the various clauses that are applicable. Go for this card, only if your spends are higher in a month; say around Rs 30,000 to Rs 50,000 on a credit card. The SBI Signature Card is not very different from the SBI Platinum Card, as the table above shows. The benefits on spends is slightly better. The annual fees are an exorbitant Rs 4999 per year. What this means is that if you do not spend heavily and are not able to accumulate points and redeem and benefit from redemption, you should stand to lose.Also read: credit cards with no annual feesWe wish to emphasize that we are not able to incorporate all the benefits of the SBI cards mentioned above and hence readers may want to visit the SBI website or call the executive for clarifications. This is a nice card for those who do not wish to complicate their lives. You get a card with an annual fee of Rs 499, in addition to this the charges are reversed, if you spend Rs 2 lakhs per year.You can earn 2000 more cash points if you use your card to spend a minimum of Rs 2000 in the first couple months.One can also avail of Rs 100 waiver on the very initial money withdrawal after getting the card. The one advantage of the SBI Cards is that they have tied-up with a host of merchant outlets to offer you several benefits including discounts on purchases. SBI has a decent set of credit cards to choose from. However, it is important to remember that each credit card in always unique and you can choose the one that suits you.You can earn 2000 more cash points if you use your card to spend a minimum of Rs 2000 in the first couple months.One can also avail of Rs 100 waiver on the very initial money withdrawal after getting the card. The one advantage of the SBI Cards is that they have tied-up with a host of merchant outlets to offer you several benefits including discounts on purchases. SBI has a decent set of credit cards to choose from. However, it is important to remember that each credit card in always unique and you can choose the one that suits you. This card offers many benefits with use. Among these include retail spends to booking tickets online and is also wide acceptance almost everywhere globally.Users can receive an e-gift voucher from Amazon worth Rs. 500 as part of their welcome hamper. Card holders can earn up to 10X bonuses on online buying with partners like Amazon, Clear-trip, Food panda, Lens kart, Fab Furnish, Ola Money and BookMyShow. One can also avail 5X rewards that can be received if shopping is done on other sites.Each time shoppers pay Rs. 100, they reach to earn one reward point.Users whose spends come up to Rs. 1,00,000 get a fee reversal of Rs. 499 per year on their card in the following year.

Benefit	SBI Platinum Card	SBI Signature Cards	Simply Save SBI Card
Reward Points	5 times rewards at departmental stores, grocery and eating out.	5 times rewards at departmental stores, grocery and eating out.	10 times rewards at departmental stores, grocery and eating out.
Reward Points	For every Rs 100, get 2 reward points	For every Rs 100, get 2 reward points	For every Rs 100, get 1 reward points
Fuel Surcharge	Waiver of up to Rs 250.	Waiver of upto Rs 250.	Waiver of up to Rs 100.
Annual Fee	Rs 2999	Rs 4999	Rs 499
Annual Fee reversed			On Spends of Rs 2 lakh per year