When it comes to online shopping, having the right credit card can make all the difference. Both the HDFC MoneyBack and SBI SimplyCLICK credit cards are designed to cater to individuals who frequently shop online, offering attractive rewards, cashback, and other benefits. However, choosing between the two can be tricky.

This article provides an in-depth comparison to help you decide which card is better suited for your needs.

Overview

HDFC MoneyBack Credit Card

The HDFC MoneyBack credit card is a popular choice for individuals looking for a rewards-based card that offers cashback on transactions. It is especially appealing to those who frequently shop online, as it provides bonus reward points for online purchases.

SBI SimplyCLICK Credit Card

The SBI SimplyCLICK credit card is targeted at online shoppers, offering exclusive rewards for transactions made on partner e-commerce platforms. This card is ideal for individuals who make regular purchases across a variety of online stores.

Key Features and Benefits

HDFC MoneyBack Credit Card Features

• Reward Points: Earn 2 reward points per ₹150 spent and 4 reward points per ₹150 spent on online transactions.
• Redemption Options: Reward points can be redeemed for cashback (1 reward point = ₹0.20) or gifts from the rewards catalog.
• Fuel Surcharge Waiver: 1% fuel surcharge waiver on transactions between ₹400 and ₹5,000.
• Annual Fee: ₹500 (waived if annual spends exceed ₹50,000).
• EMI Conversion: Easy EMI options for large purchases.

SBI SimplyCLICK Credit Card Features

• Reward Points: Earn 1 reward point per ₹100 spent and 10x reward points on partner websites like Amazon, Cleartrip, BookMyShow, and others.
• Welcome Benefits: ₹500 Amazon e-gift voucher upon joining.
• Milestone Benefits: Get e-gift vouchers worth ₹2,000 on annual online spending of ₹1 lakh.
• Fuel Surcharge Waiver: 1% fuel surcharge waiver on transactions between ₹500 and ₹3,000.
• Annual Fee: ₹499 (waived on annual spends of ₹1 lakh).
• Contactless Payment: Enabled for fast and secure transactions.

Comparison Table: HDFC MoneyBack vs. SBI SimplyCLICK

Feature	HDFC MoneyBack Credit Card	SBI SimplyCLICK Credit Card
Reward Points	2 points/₹150 (offline), 4 points/₹150 (online)	1 point/₹100 (offline), 10x points on partners
Reward Redemption	Cashback or gifts	Partner vouchers or catalog gifts
Fuel Surcharge Waiver	1% (₹400–₹5,000 transactions)	1% (₹500–₹3,000 transactions)
Annual Fee	₹500 (waived on ₹50,000 spend)	₹499 (waived on ₹1 lakh spend)
Welcome Benefits	None	₹500 Amazon voucher
Milestone Benefits	None	₹2,000 gift vouchers on ₹1 lakh spend
Partner Benefits	None	10x points on Amazon, Cleartrip, etc.
Eligibility	Min. Income: ₹20,000/month	Min. Income: ₹20,000/month
Contactless Payment	No	Yes

In-Depth Comparison

1. Reward Structure

• HDFC MoneyBack: This card offers 2 reward points per ₹150 spent on offline transactions and doubles the reward rate for online purchases. While this is a solid offering, it does not include partner-specific bonus rewards.
• SBI SimplyCLICK: This card takes the lead with 10x reward points on purchases made through partner websites like Amazon and BookMyShow. For online shoppers who regularly use these platforms, the reward accumulation is significantly higher.

Winner: SBI SimplyCLICK

2. Redemption Options

• HDFC MoneyBack: The reward points can be redeemed as cashback, which directly reduces your credit card bill. Alternatively, they can be used to purchase items from the rewards catalog.
• SBI SimplyCLICK: The accumulated reward points are redeemable for e-gift vouchers and items from the rewards catalog. While cashback is not an option, the partner-specific vouchers can be lucrative for frequent online shoppers.

Winner: HDFC MoneyBack (for cashback lovers)

3. Annual Fee and Waiver

• HDFC MoneyBack: The card has an annual fee of ₹500, which is waived if you spend ₹50,000 or more annually. This is a relatively low threshold for active card users.
• SBI SimplyCLICK: With an annual fee of ₹499, this card’s waiver threshold is set at ₹1 lakh annual spend. While slightly higher than HDFC MoneyBack, it comes with additional milestone benefits.

Winner: HDFC MoneyBack (easier fee waiver)

4. Welcome and Milestone Benefits

• HDFC MoneyBack: There are no welcome or milestone benefits associated with this card.
• SBI SimplyCLICK: This card offers a ₹500 Amazon voucher as a welcome gift and ₹2,000 worth of gift vouchers on spending ₹1 lakh annually.

Winner: SBI SimplyCLICK

5. Fuel Surcharge Waiver

Both cards offer a 1% fuel surcharge waiver, but the transaction range differs:

• HDFC MoneyBack: Waiver applies to transactions between ₹400 and ₹5,000.
• SBI SimplyCLICK: Waiver applies to transactions between ₹500 and ₹3,000.

Winner: HDFC MoneyBack (wider range)

6. Partner Benefits

• HDFC MoneyBack: There are no specific partner-related benefits.
• SBI SimplyCLICK: The card provides significant rewards for transactions on partner platforms, making it highly rewarding for regular users of these services.

Winner: SBI SimplyCLICK

Who Should Choose Which Card?

HDFC MoneyBack Credit Card

• Best suited for individuals who prefer straightforward cashback on all transactions.
• Ideal for moderate spenders who can easily meet the ₹50,000 annual fee waiver threshold.
• Great for those looking for a no-frills rewards card.

SBI SimplyCLICK Credit Card

• Perfect for frequent online shoppers who use platforms like Amazon, Cleartrip, and BookMyShow.
• Ideal for high spenders who can take advantage of milestone rewards.
• Great for individuals who want to maximize partner-specific benefits and gift vouchers.

Which Card is Better for Online Shopping?

Both the HDFC MoneyBack and SBI SimplyCLICK credit cards have their unique strengths. If you are an avid online shopper who frequently uses partner platforms, the SBI SimplyCLICK Credit Card offers unmatched rewards and milestone benefits. However, if you prefer simplicity and cashback rewards, the HDFC MoneyBack Credit Card is a better choice.

Ultimately, the ideal card depends on your spending habits and priorities. Evaluate your needs, compare the features, and choose the card that aligns with your lifestyle.