Best SBI Credit Card for EMI & Low Interest – Whatever the case may be but I suggest to keep at least a variant of SBI Credit Card in your wallet. This bank is offering a great reward and cashback offers equally in offline as well online shopping. SBI is superb in offering the Credit Card loan at easiest rate of interest as low as 13% per year. They are also offering the credit card loan or Encash Loan without blocking the Credit Card limit.
SBI SimplyClick credit card is the Best SBI Credit Card for EMI, a good option with lower annual fees and higher reward rate especially in online shopping. The overall reward rate comes near to 1.25% annually.
Also Know – Top Best Credit Card for EMI Conversion in India
Pros :
- Lower EMI Interest Rate of 14% plus GST
- Credit Card loan is provided without blocking the credit card limit.
- Processing charge is 2% of purchase amount
- The repayment period are flexible in 3,6,9,12,18,24, 36 months
- Annual Fees waiver on Credit Card is possible with Rs 1,00,000 transactions in a year
- Easy EMI conversion through SBI Card app or Customer Care
- They are offering the offers through out a year.
Cons :
- A basic variant Credit Card with limited reward
- This card is good only for Credit Card loan or EMI conversion and nothing else.
- Pre closure charge of 3% of outstanding amount