About SBI SimplySAVE Credit Card
The SBI SimplySAVE Credit Card is a good option for people who want to save on daily spending. You get extra reward points on groceries, dining, and entertainment. It has a low joining fee and easy EMI options. You can redeem points for vouchers and enjoy fuel surcharge waivers and global card acceptance. It's great for anyone who wants to save more and spend smartly.
Note: SBI SimplySAVE Credit Card is ideal for daily spenders—earn 10X rewards on groceries, dining & movies. Spend smart, save more, and enjoy added perks like fuel surcharge waiver & easy EMI conversion.
SBI SimplySAVE Credit Card Rewards Program
- 10 reward points for every ₹150 spent on dining, movies, groceries & departmental stores
- 1 reward point for every ₹150 spent on all other categories
- 4 reward points = ₹1
Example:
- Spend ₹3,000 on groceries = 200 reward points = ₹50
- Spend ₹3,000 on travel = 20 reward points = ₹5
Other Features and Benefits
- Welcome Bonus: Get 2,000 reward points on spending ₹2,000 within 60 days of card issuance.
- Annual Fee Reversal: Waive the renewal fee by spending ₹1 lakh in the previous year.
- Fuel Surcharge Waiver: 1% off on fuel spends between ₹500 – ₹3,000 (max ₹100/month).
- Global Acceptance: Accepted at 24M+ outlets worldwide (3.25 lakh in India).
- Balance Transfer: Transfer dues from other credit cards at low interest & repay in EMIs.
- Easy Money: Get cheques/drafts against your card's cash limit.
- Flexipay: Convert purchases over ₹2,500 into EMIs.
- Add-on Cards: Available for family members (18+ years).
- Contactless Payments: Tap & pay instantly without PIN for small transactions.
Fees and Charges
| Type of Charge | Fee |
|---|
| Annual fee | Rs.499 |
| Renewal fee | Rs.499 |
| Finance charge | Up to 3.50% per month (42% per annum) |
| Cash advance fee at domestic ATMs, international ATMs, and SBI ATMs | 2.5% of the transaction amount or Rs. 500 (whichever is higher) |
| Cash payment fee | Rs.250 |
| Overlimit | 2.5% of overlimit amount or Rs.600 (whichever is higher) |
| Late payment | - Rs.0 to Rs.500: NIL
- Rs.500 to Rs.1,000: Rs.400
- Rs.1,000 to Rs.10,000: Rs.750
- Rs.10,000 to Rs.25,000: Rs.950
- Rs.25,000 to Rs.50,000: Rs.1,100
- Rs.50,000 and above: Rs.1,300
|
| Payment dishonor fee | 2% of the amount (minimum of Rs.500) |
| Cheque payment fee | Rs.100 |
| Statement retrieval | Rs.100 per statement which is over 2 months old |
| Card replacement | Rs.100 to Rs.250 |
| Fee for increasing credit limit | Rs.200 per request for increase |
| Foreign currency transaction fee | - 3.50% (except for SBI Elite and SBI Aurum credit cards)
- 1.99% (SBI Elite and Aurum credit cards)
|
| Rewards redemption fee | - Rs.99 (only on cash redemption, gifts, and specific vouchers)
|
| Overdue finance charge | - 3.65% per month (43.8% per annum)
|
Apply for a Credit Card & Get Instant Approval
Document Required For SBI SimplySAVE Credit Card
- Proof of Identity: PAN Card, Aadhaar Card, Driver’s License, Passport, Voter ID
- Proof of Address: Aadhaar Card, Driver’s License, Passport
- Proof of Income: Latest 3 salary slips, Last 3 months’ bank statement
Eligibility Criteria
- Age: 21 to 70 years
- Occupation: Salaried or Self-employed
- Credit Score: Should have a good credit history
SBI SimplySAVE Credit Card Highlights
What do we like about this card?
- Earn 10X reward points on dining, movies, groceries & department store spends
- Get 1 reward point for every ₹100 spent on other purchases
- Receive 2,000 bonus points on spending ₹2,000 in the first 60 days
- Spend ₹1 lakh in a year to waive the renewal fee
- Use the card at over 24 million outlets worldwide
Things to Know Before you apply
Get this card if:
- You frequently spend on groceries and departmental stores
- You prefer earning reward points that can be redeemed for vouchers
- You can spend ₹1 lakh annually to get the annual fee waived
- You want a credit card with a low annual fee
Pros
- 10X reward points on dining, movies, grocery, and departmental store spends
- Entry-level credit card with low annual fee and easy eligibility
- Annual fee waived on spending ₹1 lakh in a year
Cons
- Reward redemption limited to select brand vouchers
- Lacks additional lifestyle or travel benefits
- Lower reward rate compared to some cashback credit cards
SBI Bank Credit Card Contact Details
SBI Bank Credit Card offers multiple ways to get assistance for your credit card queries and services.
- Contact Address: SBI Cards and Payment Services Limited, Wazirpur, New Delhi
- Helpline: Dial 39 02 02 02 or 1860 180 1290 (prefix local STD code)
- Simply SMS: Send an SMS to 5676791 from your registered mobile number.
Apply for a Credit Card & Get Instant Approval
Frequently Asked Questions
Reward Points earned on the SimplySAVE Card can be redeemed via sbicard.com or the SBI Mobile App
Yes, you can pay electricity, mobile, telephone, and other bills through the EasyPay facility offered by SBI Card.
No, this card does not offer airport lounge visits.
The annual fee for SBI SimplySAVE Credit Card is Rs. 499 plus applicable taxes.
The applicable interest rate is 3.5% per month.
Yes, you can get add on cards for your immediate family members above 18 years of age. There is no fee charged on add-on card.
Yes, you can transfer the outstanding balance from another credit card to your SBI SimplySAVE Credit Card.
Yes, this card is accepted internationally except Nepal and Bhutan.
Yes, reward points expire after 2 years from the date of accrual.
Visit the nearest SBI branch and fill out the physical form for account closure to get your SBI SimplySAVE Credit Card canceled.
