SimplySAVE SBI Credit Card
SBI Bank
Last updated: Feb 03, 2026
₹499
₹499
3.5%
No lounge access
Contents
The SBI Bank SimplySAVE SBI Card is an entry-to-mid-level rewards card designed to maximise savings on everyday spends. It offers accelerated reward points on groceries, dining, movies and departmental store purchases along with a fuel surcharge waiver. A low joining and annual fee make it attractive for regular city spenders seeking consistent reward earnings.
Features of SimplySAVE SBI Credit Card which makes it unique
Everyday Accelerated Rewards
10X points on groceries, dining, movies and departmental stores
Maximises value on frequent local spends
Better than typical 1X base-rate cards for these categories
Rewards Structure of SimplySAVE SBI Credit Card
Dining
acceleratedEligible restaurants and dining transactions
High earn rate on dining and food-related spends.
Groceries
acceleratedGrocery stores and supermarkets
10X on grocery spends to boost everyday savings.
Movies
acceleratedBookMyShow and theatre ticket purchases
Includes movie ticket bookings at partner merchants.
Departmental Stores
acceleratedDepartmental store purchases
10X points for departmental store spends.
Base
baseAll other eligible merchants (excludes fuel, EMI, utilities, wallet top-ups)
Standard earn rate on everyday non-category spends.
Milestones of SimplySAVE SBI Credit Card
Annual Milestone
₹100,000 : Annual fee reversal and milestone reward points (as per bank offers)
Fees & Charges of SimplySAVE SBI Credit Card
| Fee & Amount | Fee Value |
|---|---|
| Joining Fee | ₹499 |
| Annual Fee | ₹499 |
| Forex Markup Fee | 3.5% |
| Cash Advance Fee | 2.5% |
| Late Payment Fee | ₹750 |
| Over Limit Fee | ₹500 |
| Returned Payment Fee | ₹350 |
| Cash Withdrawal Fee | 2% |
Renewal Conditions:Annual fee reversed/waived if you spend ₹1,00,000 or more in the previous membership year.
Fee Explanation Standard interest and penalty rates apply as per SBI Card terms and conditions.
Detailed Explanation of SimplySAVE SBI Credit Card Fees
Joining Fee: 499 (one-time)
Inclusive of taxes as applicable
Annual Fee: 499 (yearly)
Waived on ₹1,00,000 annual spend in previous year
Cash Advance Fee: 2.5% (transaction)
Minimum charges as per bank T&C
Insurance Coverage with SimplySAVE SBI Credit Card
Fraud protection
As per SBI Card policySubject to standard terms and local laws
Additional Features of SimplySAVE SBI Credit Card
Contactless Payments
Tap and pay enabled (contactless)
Add-on Cards
Supplementary cards available for family members
Subject to eligibility
Welcome Bonus with SimplySAVE SBI Credit Card
Welcome Bonus: Get 2,000 reward points
Bonus Conditions: 2,000 reward points credited after minimum ₹2,000 spend within 60 days of card issuance; points subject to SBI Card T&C.
Application Process for SimplySAVE SBI Credit Card
Processing Time
5-7 business days
Online Application
Available
Instant Approval
Not Available
Step-by-Step Process
Apply online via SBI Card or authorised partner portals
Upload KYC and income documents
Receive verification call or digital verification
Card dispatched within 5–7 business days after approval
Required Documents for SimplySAVE SBI Credit Card
ID Proof
allAccepted documents:
Address Proof
allAccepted documents:
Income Proof
salariedAccepted documents:
SimplySAVE SBI Credit Card Merchant Acceptance Network
Domestic Acceptance
Wide coverage across India
International Acceptance
Accepted globally (subject to network and variant)
Online Acceptance
Yes
Payment Technologies
Mobile Wallet Support:
Excluded Merchants
Eligibility Criteria for SimplySAVE SBI Credit Card
Quick Eligibility Check
Minimum Age
21+
Credit Score
650+
Citizenship
Indian only
Income Requirements
Salaried Applicants
₹25,000
Minimum annual income
Self-Employed Applicants
₹35,000
Minimum annual income
Who Can Apply
Important Conditions
- Applicant must be an Indian resident with valid PAN and KYC documents.
How Approval Is Decided
- Minimum income (varies by applicant profile)
- Indian resident
- Acceptable credit profile as per SBI Card
Pros of SimplySAVE SBI Credit Card
- Strong category rewards for everyday spends
- Low fees for an entry-level rewards card
- Simple and easy-to-redeem reward structure
Cons of SimplySAVE SBI Credit Card
- No complimentary airport lounge access
- Reward points ceiling and transfer partners limited compared with premium cards
Frequently Asked Questions about SimplySAVE SBI Credit Card
What is the welcome bonus and how do I get it?
You get 2,000 reward points after spending a minimum of ₹2,000 within the first 60 days of card issuance. Points are credited as per SBI Card terms.
What is the annual fee and can it be waived?
The annual fee is ₹499 and it can be reversed/waived if you spend ₹1,00,000 or more in the previous membership year.
How many reward points do I earn on groceries and dining?
You earn 10 reward points for every ₹150 spent on groceries, dining, movies and departmental stores; 1 point/₹150 on other eligible spends.
Is there a fuel surcharge waiver on this card?
Yes — a 1% fuel surcharge waiver applies on fuel transactions between ₹500 and ₹3,000, up to ₹100 per statement cycle.
Can I convert reward points to airline miles or hotel points?
Point transfers or conversions depend on partner availability and SBI Card's rewards portal; transfer rates and minimums vary.
What documents are required to apply?
PAN, Aadhaar, proof of income (payslip/Form 16 for salaried) and address proof are typically required for approval.
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