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Choosing your first credit card from various options can be a challenging task to accomplish. You need to find one that is suitable in terms of affordability while also helping you build a solid credit score. The best credit card for you will depend upon factors such as your employment status, desire to pay the annual and renewal fee, and your current stage in your credit journey.
So your goal is to find a credit card that matches your exact needs and preferences. We decided to review and compare the two best entry-level credit cards in the Indian market right now —Axis ACE vs SBI SimplyCLICK. Let’s have a look at what the results were.
Axis ACE vs SBI SimplyCLICK Credit card
If you raise your eyebrows every time you see the number of bills to pay, then the Axis ACE will help you in that matter. It is an entry-level credit card from Axis Bank, has partnered with Google Pay. So every time you pay the bills, you will receive a certain amount of cashback. This cashback can go as high as 5% on utility bill payments.
Online shopping is bliss and a need for every person right now. However, you can cut down your costs on online shopping with the SBI SimplyCLICK. You can avail of exclusive discounts and earn accelerated reward points from Amazon.in, Apollo, Book My Show, Cleartrip, Dineout, Lenskart, and Netmeds. Here, You can Also Check Axis Flipkart vs HDFC Millennia.
Pros And Cons Of Axis ACE Credit Card
Axis ACE credit card is hosted on the Visa signature platform and has enticing cashback offers. SBI has partnered with Google pay for this card so everytime you pay your utility bills via Google pay it will earn you 5% of cashback. So if your utility bills are more than any other expense and you need some relaxation in that part, Axis ACE will be the perfect choice for you.
Pros And Cons Of SBI SimplyCLICK Credit Card
While everyone was getting used to the online shopping world, SBI decided to launch a credit card suitable for everyone who loves to spend online. Along with great partners such as Amazon.in, Cleartrip, and a lot more you can expect great rewards for shopping.
Fees And Charges
Axis Bank ACE Credit Card Charges
| Label | Details |
|---|---|
| Joining Fees | Rs.499 (reversed upon spends of Rs.10,000 within 45 days of card issuance) |
| Annual Fees | Rs.499 (Can be waived off on annual spends more than Rs.2,00,000) |
SBI SimplyCLICK Credit Card Charges
| Label | Details |
|---|---|
| Joining Fee: | Rs. 499 |
| Annual Fee: | Rs. 499 |
| Interest Rate: | 3.50% per month |
Axis ACE vs SBI SimplyCLICK Rewards
Axis ACE Rewards
Axis ACE comes with cashback and other rewards as well. Let’s delve into the details.
- 5% Cashback On Utility Bills
With Axis ACE, you can earn money with every bill you pay. It offers 5% cashback on every bill payment via Google Pay. Not just on utility bills, you can avail of 4% cashback from Zomato, Swiggy, and Ola which are commonly used apps.
If you shop from any other store, you will earn 2% cashback on all spending. Axis ACE comes with no upper limit on cashback.
- Complimentary Access To Domestics Airport Lounge
Travelling can be relaxing or tiring, it all comes down to the level of convenience. So, if you are a frequent traveler, the Axis ACE will help you make your traveling easier. It provides you with 4 complimentary access to domestic airport lounges across Indian airports in a year.
- Fuel Surcharge Waiver
Axis ACE credit saves you money on every fuel transaction. You will get a 1% fuel surcharge waiver from any petrol station across India. To avail of this offer, your transaction should be between Rs.400-4000. The maximum benefit you can avail of is up to Rs.500 each month.
Sbi SimplyCLICK Rewards
- Reward Benefits
For every Rs. 100 you spend, you will earn 1 reward point. While shopping from SBI exclusive partners, however, you can earn up to 10x reward points. You can also redeem the extra collected rewards to get your hands on high-value vouchers from Amazon, Dineout, Lenskart, and several other SBI SimplyCLICK partners.
- Fuel Surcharge Waiver
With SBI SimplyCLICK, you will get a fuel surcharge waiver on transactions within Rs. 500 to Rs.3000 across India. The maximum benefit you can avail of is up to Rs. 100 per month. If your fuel needs are high each month, it might not be a suitable card for you.
- Welcome Voucher From Amazon
The SBI SimplyCLICK comes with a Rs 499 joining fee, but they return it to you as an Amazon welcome voucher worth Rs. 499. Once the card is dispatched, the code for the coupon is emailed to you. The voucher is valid for 12 months.
Who Should get an Axis ACE Credit Card?
If you just need a credit card with decent rewards and minimal cashback rates, then Axis ACE will help you in the journey. But if you are a regular traveler, it might not be as fruitful as you think. It would be better for you to go for a travel-specific credit card.
Who Should get an SBI SimplyCLICK Credit Card?
If you consider purchasing online and that too from Amazon.in often, then SBI SimplyCLICK is the perfect choice for you. Also, if you were not eligible for SBI Prime or Elite credit cards, this will serve you well. It has feasible eligibility criteria, which is one of its distinctive qualities. Along with your high shopping needs, you must have low fuel needs every month.
Eligibility Criteria & Documentation
Axis Bank ACEAge Credit Card Eligibility Criteria & Documentation
1. Age
- 18-70 years
- The individual should be a resident of India.
2. Documents
- Photocopy of PAN card.
- Color photograph
- Latest payslip/Bank statement/Form 16/IT return copy as proof of income
3. Residence proof (Any one of the following)
- Passport
- Driving License
- Voter ID Card
- Aadhaar Card
4. Identity Proof
- Passport
- Driving License
- Voter ID Card
- Aadhaar Card
- PAN Card
SBI SimplyCLICK Credit Card Eligibility Criteria & Documentation
1. Age
- 18-70 years
- The individual should be a resident of India.
2. Documents
- Photocopy of PAN card.
- Color photograph
- Latest payslip/Bank statement/Form 16/IT return copy as proof of income
3. Residence proof (Any one of the following)
- Passport
- Driving License
- Voter ID Card
- Aadhaar Card
4. Identity Proof
- Passport
- Driving License
- Voter ID Card
- Aadhaar Card
- PAN Card
Conclusion
An entry-level credit card should cater to your needs and choices. Axis ACE and SBI SimplyCLICK are both useful and distinct in their own unique ways. Axis ACE will allow you to earn a great amount of cashback and complimentary access to domestic airport lounges but you won’t be getting any welcome benefits. SBI SimplyCLICK comes with great reward benefits and welcome vouchers from Amazon but if you shop offline you cannot expect great reward points. It all comes down to your needs and preference, so choose one that suits you the best.
