SimplySAVE vs SBI Cashback Credit Card

Choosing the right credit card can feel confusing, especially when two popular options offer very different benefits. The SBI SimplySAVE Credit Card and Cashback SBI Credit Card are both beginner-friendly cards, but they work in very different ways.

One gives reward points for everyday spending, while the other gives direct cashback. In this detailed guide, we will compare both cards in simple words so you can decide which one is better for you.

SimplySAVE vs SBI Cashback Credit Card Overview

Both cards are offered by SBI Cards and Payment Services Limited and are good for new users. But the value you get depends on how you spend your money.

  • SimplySAVE is best for daily expenses
  • Cashback card is best for online shopping

Annual Fees and Welcome Benefits

The first thing most people check is the annual fee and joining benefits.

Fees Comparison Table

Particulars SBI SimplySAVE Credit Card Cashback SBI Credit Card

Annual Fee

₹499 + GST

₹999 + GST

Welcome Benefit

2,000 Reward Points on ₹2,000 spend in 60 days

No welcome benefit

Fee Waiver

Spend ₹1 lakh/year

Spend ₹2 lakh/year

Key Points

  • SimplySAVE is cheaper and comes with welcome reward points
  • Cashback card has no joining benefit
  • Fee waiver is easier in SimplySAVE (₹1 lakh vs ₹2 lakh)

Rewards vs Cashback System

This is the biggest difference between these two cards.

Reward Structure Comparison

Feature SBI SimplySAVE Credit Card Cashback SBI Credit Card

Basic Reward

1 point per ₹150

1% cashback offline

Bonus Categories

10X points on groceries, dining, movies, departmental stores

5% cashback on online spends

Max Benefit

No strict monthly cap

₹2,000 online + ₹2,000 offline per cycle

Reward Value

1 point = ₹0.25

Direct cashback

SimplySAVE Reward Details

  • 10X points = 10 points per ₹150
  • Effective return:
    • Around 1.5%–1.7% in bonus categories
    • Around 0.17% on regular spending
  • Minimum redemption: 2,000 points

This means you need to collect points before using them.

Cashback SBI Card Details

  • 5% cashback on online spending
  • 1% cashback on offline spending
  • Cashback is automatically credited

No need to redeem anything. Very simple.

Which One Gives Better Value

Let’s understand with a simple example.

Example Spending (Monthly ₹20,000)

Spending Type SimplySAVE Cashback SBI

Online Shopping ₹10,000

Low rewards (~₹50–₹100)

₹500 cashback

Grocery/Dining ₹10,000

₹150–₹170 value

₹100 cashback

Result

  • Online users → Cashback card wins clearly
  • Offline/daily users → SimplySAVE is decent

Lifestyle and Extra Benefits

Both cards offer basic features only.

Features Comparison

Feature Both Cards

Fuel Surcharge Waiver

1% (₹500–₹3,000 transactions)

Add-on Cards

Free

Contactless Payment

Yes

International Usage

Yes

Lounge Access

Not available

These are basic cards, so don’t expect premium benefits.

Pros and Cons

SBI SimplySAVE Credit Card

Pros

  • Low annual fee
  • Good for grocery, dining, movies
  • Welcome bonus available

Cons

  • Low reward value
  • Complicated redemption
  • Not good for online shopping

Cashback SBI Credit Card

Pros

  • High 5% cashback on online spending
  • Simple and automatic cashback
  • Better overall savings

Cons

  • Higher annual fee
  • No welcome benefit
  • Cashback cap applies

Also Read: Best Cashbacak Credit Card 2026

Final Verdict

Both cards are good for beginners, but your choice should depend on your spending habits.

  • If you shop online frequently, go for the Cashback SBI Credit Card. It gives clear and high savings without any effort.
  • If you spend more on groceries, dining, and daily needs, the SBI SimplySAVE Credit Card is a decent low-cost option.

For most users today, especially those who use apps and online shopping platforms regularly, the Cashback SBI Credit Card gives better value and is the smarter choice.

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