Karnataka Bank SimplySAVE SBI Card
SBIBank (in association with Karnataka Bank)
Last updated: Oct 30, 2025
₹499
₹499
3.5%
No lounge access
Contents
The Karnataka Bank SimplySAVE SBI Card is an everyday rewards card designed for routine spends — groceries, dining and movies. It offers easy-to-earn reward points, fuel surcharge waiver and basic cashbacks for new cardholders. Ideal for customers seeking low-yearly-fee rewards with simple redemption options.
Features of Karnataka Bank SimplySAVE SBI Card which makes it unique
Easy Redemption
Redeem reward points against bookings, vouchers or statement credit.
Simple, flexible redemptions
Straightforward versus complex premium cards
Rewards Structure of Karnataka Bank SimplySAVE SBI Card
Dining
acceleratedSelect restaurants and dining spends
Higher earn on dining and partner restaurants.
Movie's
acceleratedBookMyShow and partner merchants
Monthly movie offers available via partners.
Base
baseAll other retail purchases (non-fuel)
Milestones of Karnataka Bank SimplySAVE SBI Card
Annual Fee Waiver Milestone
₹100,000 : Annual fee waiver
Fees & Charges of Karnataka Bank SimplySAVE SBI Card
| Fee & Amount | Fee Value |
|---|---|
| Joining Fee | ₹499 |
| Annual Fee | ₹499 |
| Forex Markup Fee | 3.5% |
| Cash Advance Fee | 0 |
| Late Payment Fee | ₹750 |
| Over Limit Fee | ₹600 |
| Returned Payment Fee | ₹500 |
| Cash Withdrawal Fee | 0% |
Renewal Conditions:Annual fee waived on ₹1,00,000 annual spend in preceding year.
Fee Explanation Standard SBI Card fees and charges apply; please refer to SBI Card T&Cs.
Lounge Access Benefits with Karnataka Bank SimplySAVE SBI Card
domestic Lounges
silverVisits per year: 0
Guest access: No
No complimentary domestic lounge visits for this variant.
Insurance Coverage with Karnataka Bank SimplySAVE SBI Card
Travel Emergency Assistance
Up to terms in SBI Card policySubject to SBI Card travel insurance T&Cs.
Additional Features of Karnataka Bank SimplySAVE SBI Card
Flexipay
Convert purchases to EMIs via SBI Card Flexipay
Minimum transaction value applies.
Contactless Payments
Tap-and-pay enabled
Welcome Bonus with Karnataka Bank SimplySAVE SBI Card
Welcome Bonus: 2,000 reward points
Bonus Conditions: Valid for new primary cardholders; points credited subject to T&Cs.
Application Process for Karnataka Bank SimplySAVE SBI Card
Processing Time
5-10 business days
Online Application
Available
Instant Approval
Not Available
Step-by-Step Process
Apply online via Karnataka Bank / SBI Card portal
Upload KYC documents
Receive verification call
Card dispatched within 7-10 business days
Required Documents for Karnataka Bank SimplySAVE SBI Card
ID Proof
allAccepted documents:
Address Proof
allAccepted documents:
Income Proof
salariedAccepted documents:
Karnataka Bank SimplySAVE SBI Card Merchant Acceptance Network
Domestic Acceptance
Wide coverage across India
International Acceptance
Accepted globally where Visa is accepted
Online Acceptance
Yes
Payment Technologies
Mobile Wallet Support:
Excluded Merchants
Eligibility Criteria for Karnataka Bank SimplySAVE SBI Card
Quick Eligibility Check
Minimum Age
21+
Credit Score
700+
Citizenship
Indian only
Income Requirements
Salaried Applicants
₹50,000
Minimum annual income
Self-Employed Applicants
₹70,000
Minimum annual income
Who Can Apply
Important Conditions
- Applicant must provide valid PAN and Aadhaar; eligibility subject to bank verification.
How Approval Is Decided
- Minimum age 21 years
- Indian resident
- Credit score above 700
Pros of Karnataka Bank SimplySAVE SBI Card
- Low yearly fee
- Easy-to-earn reward points on everyday spends
- Fuel surcharge waiver
Cons of Karnataka Bank SimplySAVE SBI Card
- No complimentary airport lounge access
- Lower travel benefits compared with premium co-branded cards
Frequently Asked Questions about Karnataka Bank SimplySAVE SBI Card
What is the annual fee and can it be waived?
The annual fee is ₹499 and is waived if you spend ₹1,00,000 in the preceding year.
What is the welcome bonus?
Earn 2,000 bonus reward points on eligible spends of ₹2,000 within 60 days.
Are there foreign transaction charges?
Yes, a foreign currency markup of approximately 3.5% applies to overseas transactions.
How do I redeem reward points?
Points can be redeemed via the SBI Card rewards portal for vouchers, flight/hotel bookings or statement credit.
Can I convert a transaction into EMIs?
Yes — use SBI Card Flexipay to convert eligible transactions into EMIs subject to minimum transaction value.
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