7 Reasons To Get An SBI Credit Card
Wondering whether taking an SBI credit card would be the right choice or not? Then you need not worry because SBI Cards is among the best leading credit card issuers that offer a wide range of credit cards. To meet the needs of the customers SBI Cards offers you credit cards covering from lifestyle categories to travel categories.
Getting a credit card is definitely a big decision to take and taking the right credit card tops the priority list. Under this article, we have listed down some of the reasons why you should get an SBI Credit Card. Some of the highlights of the SBI Credit Cards are reward points, cashback, Airmiles, etc. that are enjoyed by the credit cardholders depending on the type of credit card you hold. To kick start your research keep reading.
Here are the top 7 reasons to get an SBI Credit Card:
-
-
Low-Interest Rates:
This is one of the biggest reasons why you should consider taking an SBI Credit Card. Among all the credit card issuers SBI Cards is the one that offers comparatively low-interest rates to its credit cardholders. You can apply for the best SBI Credit Cards that offer you low-interest rates. We all know how burdening it can get while paying interest charges on your card outstanding. Having lower interest charges take a load off your shoulder as it will cut down some of your expenses. Moreover, you also get the facility of balance transfer with an SBI Credit Card that allows you to transfer one credit card’s outstanding balance on the other credit card. This gives your financial room to breathe and allows you to clear your outstanding amount with ease.
-
Insurance:
With SBI Credit Cards you get to enjoy insurance benefits and who doesn’t like getting such benefits by only paying the membership fees. During times of emergency, you can avail of this benefit. Under the insurance benefits, you get personal accidental death cover, travel insurance, health insurance, card protection cover, and many more other insurance benefits.
-
Easy EMIs:
You get to convert your big spending into easy EMIs with SBI Credit Cards. SBI Cards provides you EMI facility for 6/9/12/24/36 months depending on the credit card you hold. There are times when you are unable to pay the credit card bills in full and at that time you wish that you could have an EMI facility so that it can ease you out and see to this need SBI Cards had managed to meet it.
-
Availability of Funds:
You can easily find an SBI ATM anywhere which makes the funds available 24×7. You can use your SBI credit card to withdraw cash from ATMs whenever you are in the need. But you need to keep this in mind that while doing so you attract a processing fee which is also known as a cash advance fee.
-
Utility Bill Payments:
You do not have to worry about missing the payment of utility bills because SBI Cards provides you with a wide range of payment channels that you can use to pay your utility bills using your credit cards anytime and from anywhere. Also, there are some credit cards that let you earn reward points on the utility bill spend category. SBI Cards strives to make its customer’s experience more rewarding by building a long-lasting relationship by providing a variety of services.
-
Varied Services:
With SBI Credit Cards you get to enjoy a variety of services like netbanking services, mobile banking, missed call service, YONO by SBI, and many more other facilities. If your credit card is lost or stolen then you can use these facilities to hotlist your credit card, moreover, you can pay your credit card bills or utility bills using these facilities. To know more about these services you can check the SBI Cards official website here.
-
Other Benefits:
Apart from other reasons why you should consider having an SBI Credit Card there are other additional benefits that you must know about. You can enjoy other benefits like credit card upgrades, add-on credit cards, etc. with the SBI Credit Cards. Add-on credit cards are free of cost that can be availed by first-time credit card users in order to have a better understanding of credit card working. Once you build a valuable relationship with the SBI Cards you can request the card upgrade, on upgrading the credit card you can enjoy more features and benefits on your SBI Credit Card.
-
Is SBI Credit Card worth it?
Definitely, taking an SBI Credit Card is worth it because of its rewarding system and customer support system. SBI Cards strive to build a long-lasting relationship with its customers by providing various services. With SBI Credit Cards you will have the most rewarding experience. You will be highly rewarded with complimentary benefits, reward programs, entertainment benefits, travel benefits, and many more other benefits.
You can definitely go for an SBI Credit Card. Another reason to get an SBI Credit Card is that you get various services to pay your credit card bills and other utility bill payments such as net banking services, phone banking, mobile banking, BillDesk services, etc. Most importantly you get low-interest charges, EMIs facility, balance transfer facility, etc. You can easily find an SBI ATM anywhere that allows you to access funds easily. We really think that SBI credit cards are a complete bundle of all the features and benefits that one could ever ask for. What are you waiting for? Go and grab an SBI Credit Card for yourself.
Bottom Line:
To conclude, we can say it is completely worth it to go for an SBI Credit Card. The above mentioned are some of the reasons that must be considered but there are other benefits as well that you get with an SBI Card such as welcome benefits, spend-based benefits, reward points, complimentary benefits, movie and dining benefits, travel benefits, and many more other benefits. Currently, the most famous credit card offered by SBI Cards is the SBI SimplySAVE credit card and SBI Elite Credit Card as they provide you with more features and benefits as compared to other benefits.
Hold on, before jumping onto applying for a credit card you need to clear a few things such as your needs and spendings habits. After this, you can choose 5-6 credit cards that compliment them the best. After choosing the credit cards you can start comparing them to narrow down your choices to one credit card that is of the highest value to you.
Key Takeaways:
In the end, the two key takeaways are to keep your credit card dues clear and maintain a low credit utilization ratio. These two help you in building a good credit score as well as a good standing account. In case you always forget the due date of your credit card bill then you can register for the auto-debit services so that you never default on credit card bill payments. Another thing that can help you in maximizing the benefits of your credit card is setting the threshold limit so that you maintain the credit utilization ratio between 30% – 40%.
Do share your experience with SBI Credit Cards in the comment section and any other query that you would like to ask, we would love to help you out.
Additional Reading – Why Did My Credit Score Go Up?
