Sbi card is easy to apply, I applied and got the card activated in like 10-15 mins and I used it right away. Never thought the process would be that simple. I am simply amazed how well SBI CARD is functioning. It shows the amount spent right away and the dashboard is very good. Compared to ICICI Bank and HDFC bank I liked SBI Card. Axis bank is also good as it shows realtime data just like SBI Card. It shows the power of SBI if it wants to really focus on customer experience.
@@Ironmannew its SBICARD not SBI, I faced issues with SBI but SBICARD is very very good. Compared to all credit cards SBICARD is straight forward and it will show instant utilized amount(very quick) and cashback gets reflected within days.
HDFC millenia is indeed a good card but in Delhi for airport lounge access, it's eligible on one out of three terminals only, for lounge access IDFC cards are way ahead
As far I know, HDFC convert the earned points in CASH but SBI offer market place of its own for purchasing utility goods against the earned points i.e. forced purchase.
It happens only on selected SBI Cards, This Cashback card from SBI directly gives you Cashback which you will be getting as cash on Statement generation. Total Bill - Cashback earned = Amount You have to Pay now.
HDFC Back will give cash back as reward points and we need to redeem it with minimum 500 and also charge 99 + GST to redeem but with this new SBI Card Cash Back is directly credited in next bill cycle which is way better then HDFC
in sbi you need to call and ask them to convert them to cash, it will surely get reflect in your next billing cycle and 99 + GST charges is same as that of HDFC
I am using hdfc millennia card from last one year. And in the last one year i got 1500 cash back and 3k+ reward points which was equivalent to 3k+ rupees. I just love hdfc millennia card. they also charged me 1k renewal fee.
Just one more correction HDFC melinea card has removed from Amazon so no 5% on Amazon now and for flipkart it is reduced to 3% go and check the new terms conditions now
HDFC downgraded me to millenia diners club after they closed down diners club miles. Reward conversion is lower than its predecessor, which is a loss for me. I have instead shifted to Axis Flipkart which offers me better deal 1.5% on offline payments.
Hats off to Bekifayati... Personal finance sector is usually dominated by men.. you are doing excellent work.. Explaining personal finance and hacks in simple and useful ways!!. And may i say.. u look super cute 😊
Moreover SBI have advantage because we can also ask big offline brands or stores to send payment link online, which will give 5% cashback. Like on stores like trends or car service centre or Insurance or stores like croma and Vijay sales etc.
HDFC Back will give cash back as reward points and we need to redeem it with minimum 500 and also charge 99 + GST to redeem but in SBI Cash Back is directly credited in next bill cycle which is way better then HDFC
I have HDFC Milennia, SBI cashback and Flipkart Axis Bank cards. One important thing which happened with me recently is that the quarterly benefit on the Millennia card on spends above 1L plus needs to be redeemed within 60 days of sms being triggered else the voucher expires. This is very annoying. The good part with HDFC card is you earn 1% cash points on EMI transaction and wallet loads as well which SBI card doesn't offer. The good part with SBI card is you can see the accumulated cashback within 2 days from the transaction date while for HDFC it is posted after a month. HDFC card offers you maximum 2000 cash points per month under 5% category and 1% category
@@jagmohankumar6519 My insurance premium is due on November this year. Can't comment at the moment but nothing specific to insurance payment mentioned in their terms and conditions. I usually use CRED APP for utility payments so for broadband and electricity bills SBI card is giving 1% cashback at the moment.
@@sunilkumarmajhi5455 thanks for your reply. I went through their terms and conditions and wanted clarity on the same. I have requested them to update me for the same. Regarding bill payments, I would suggest you to please pay directly at the Merchant website. I have simply Click SBI card, and sometimes when I paid Via Cred fory utility bills, i did not get the reward points because of Merchant category code.
@@jagmohankumar6519 Yes SimplyCKICK has lotta restrictions. When I got the card in the initial days I used to get points on Amazon Pay wallet load. Then it was removed after a couple of months.
@@saktibiswal6445 yes, wallet transaction does not yield reward points. But I primarily use it for insurance premium payments and getting milestone vouchers
They dont tell you card limit untill you received the card. But your annual charge starts from date of approval . I received card with limit 47K with annual fee 1400+GST i.e 1700 Guy dont take sbi credit card Pathetic experience ....no customer care support once you received the card !
I have filled a ITR of way more than 3.6 lakh as a self Employed Cibil is 750+ Already a SBI Customer since last 6 years Tab bhi application reject hogya? Ham freelancers ki koi izzat nai😣
Another advantage of SBI card is Any only purchase.. I do around 4-5k big basket/zepto shopping every month.. So that will be covered too.. Also lot of shopping online from less popular sites for car/ bike accessories ..
Ease of redeeming cashback bhi add kar diya karo while comparing cards... For e.g: axis Flipkart... Cashback directly aa jaata hai card mai, there is no expiry also. Also, for hdfc... We have to go through smartbuy portal vs Flipkart axis mai there is no such limitation.
Agree. I just checked official pdf. This is what they've written `99 Per redemption request - Applicable for all cards other than Infinia/ Infinia (Metal Edition)/Diners Black / Flipkart Wholesale HDFC Bank Credit Card Rewards Redemption Fee will not be charged on redemption of reward points towards cashback.
Thank you very much Madam! You are doing an excellent job. While all the other credit card channels are going ga-ga over SBI CASHBACK CARD you have pointed out prudently that the truth is quite complicated. Please keep it up.
Thora samjhao sir, whats the hidden truth you have uncovered. Every once a while, one might have bulky purchases, where sbi's cb limit will be far better.
Few important points missed- 1. For HDFC Card you will be required to have it's saving account and the whole process is offline and tiring. 2. SBI card doesn't have any saving account requirements and it hardly takes 5 mins to do 3 online steps to get instant virtual card with defined limits and 5-7 days for physical card dispatch
Sbi application stuck for 30 days . Just because my home and office address is far away and they are asking for official mail id which my employer doesnt give. Truley pathetic experience
m using HDFC millenia from last 3 years ...its worth bcoz that give us reward points n value is equal to 1 rupees and also getting so much 1000 vouchers based on ur usages.
SBI reduces the total limit of a particular card by 10-20k without informing the customer due to god knows what reasons at certain time which forced me to switch to hdfc millennium card which is way btr than SBI
Recently my card was upgraded to this HDFC Millennia card and after the launch of this SBI Card looking at the offers I too applied and is approved.. looking forwards for a good experience with it. Cheers!!
@@betum6407 limit is good.. around 2 lakhs but this SBI Card even after getting approved in first few days of applying, after two months also card not dispatched yet!!
SBI Cashback card will give 1% cashback on online spends, if we use it for a transaction of above Rs. 10,000/- This fact is not known when applying for the card.
@@roninr8199 I was also disappointed by this. As per SBI credit card team and Customer care, unfortunately it is true. You can try and check this if you got the card.
@@vijayknl why will I take the card if that's true 😂😂but many were saying it's cashback upto 10k which means we can shop 2 lakhs per month which looks impossible for card whose fees is 1180. Also one more info what I got is if the payment gateway is payu or bill desk or rayzorpay then also we get only 1% cashback.. The above 3 are highly used by most of the shops which has online website.
I use Flipkart Axis Bank card with lifetime free and its the best card i have used till now. For a first time credit card user, this card works wonders!
I am using hdfc and sbi both card, but i think that SBI card data can be leaked, so fraud transaction can be happen, while private bank cards are safe...that's my personal experience.. Thank you!
@@ajaysinhchavda4608 okay, so they are taking some 7-10 days at least. I have applied through YONO on 10th and haven't received any text/mail/call yet so I was a bit worried.
I was previously employed with SBI Card, and I can confirm one thing with the eligibility salary bracket and people actually earning 18-20k will see their application get rejected most of the time and for those get it approved will only get a credit limit in the range of 15-40k at most
@@ketan9522 application Kab apply Kiya tha, kyc Kab Hua aur calls Kitnay ayay thay fir approve ka message Kab Aya. Mujhay abhi takk koi call nhi Aya hay video kyc Kal he Hua hay. I'm feeling nervous pata nhi Kyu lag raha ki reject na ho jayay. Cibil bhi 789 experian 820 hay
I have hdfc millenia- life time free Axis ace credit card -499+Gst Online purchase- hdfc Ofline & bill payment -Axi I also have Axis my zone Hdfc Tata nue Insusind platinum Amazon icici Yes bank prosperity Bob select AU Lit credit card One card (federal) Looking for more card but not available our rural area....😢
Missing the cute slim girl. Abhi moti hone lag gayi. But content wise she is still Queen. Loving her content. My take is to get both cards. HDFC card can be easily made LTF by simply getting an add-on card. SBI Cashback card we can take and use for a year and then decide whether to continue or not. Simple.
Millenia card cashback points deposit is slow, they deposit reward points after 45 days after transaction day. You going to be worried that you are not getting 5% , but eventually you get what is promised.
Sbi cards are the worst. There customer service is useless. If you have any problem the Sbi will not support you and then you will regret. I have Sbi cash back card and I am planning to close it as there customer service don’t have brains. All I get is automated reply’s and they can’t resolve any issue
We regret to inform you that your SBI Card Application could not be processed since it does not meet our policy. We thank you for your time. ? Why it came like this. No loans taken, working employee, high salary bracket, existing customer . What reason ?
I am using Flipkart axis Bank card and I get 5 % cash back on Flipkart purchase only and other sites they give 1.5 % before that was only card to give cash back now this is new choice for people and also sbi card is purchase any thing from any sites is good.
Mojhe SBI cashback credit ki information chahiye. Mene SBI Bank main jake contact kiya, o lok bolrahahe ki utility bill main 1-1.5% cashback milega but mene kafi video pe dekha ki bill payment main 5% cashback milega. Mera question ye hai ki, Keya utility bill main 5% cashback milega or milega to konsa method se milega??????
Please share if these two offer Balance Transfer facility as well, if they do, how we go about it in each. Please make a separate video on Credit Card Balance Transfer processes in Credit Cards. There is a Shorts that i have seen but process is not shared. We will be waiting, thanks.
Hi, thanks to your videos. I got a lot of insights through ur videos. I am new to credit cards. So, could u please let me know what is meant by wallet transactions?
hey I am now a owner of both the cards. My hdfc millenia is LTF card whereas for SBI I'll have to pay 1180 fees every year. However, I still think SBIs card is much better. It primarily boils down to the usage
@@vaibhavthegarg There is different criteria for different card. Pls refer to this video by Sumanta. ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-rgbKfAY5Zq4.html
@rohit singh i had a doubt..suppose in great indian sale amazon is giving 10% cashback to sbi credit card ..i bought an product of 10,000 rs ..so amazon is giving me the product for 9000 rs and Will SBI Give additional 5% for that 9000 rs spent ??
Mam actually I have made payment from cred through UPI mode In cred it shows payment successful later the idfc credit card they dint receive money later 20 days cred send the refunded amount Actually bez of cred I have loss late fee and also cbil impact what should I do
