SBI SimplySAVE Card – Benefits, Rewards, Fees, Eligibility, and How to Apply Online

The SBI SimplySAVE Card is a shopping-focused credit card that rewards your everyday spends on groceries, dining, movies, and department stores with 10X reward points. It also offers a 1% fuel surcharge waiver, making it a practical choice for managing regular household expenses while earning meaningful savings.

Here are the key benefits that help you earn more rewards and manage everyday spending with confidence:

Accelerated Reward Points

Earn 10X reward points for every ₹150 spent on groceries, dining, movies, and department stores, and 1 reward point per ₹150 on other eligible spends.

Welcome Bonus

Receive 2,000 bonus reward points when you spend ₹2,000 or more within the first 60 days of card activation.

Fuel Surcharge Waiver

Save 1% on fuel surcharge for transactions between ₹500 and ₹3,000, up to ₹100 per statement cycle.

Flexipay Facility

Convert purchases above ₹2,500 into easy monthly instalments within 30 days, helping you manage larger expenses smoothly.

Balance Transfer on EMI

Transfer outstanding balances from other bank credit cards and repay at 1.7% interest per month for up to 180 days.

Global Acceptance

Use the SBI SimplySAVE Card at over 3,25,000 outlets across India and withdraw cash from more than 1 million ATMs worldwide.

Secure Contactless Payments

Make fast and secure payments by simply tapping your card at contactless-enabled terminals, reducing physical contact and enhancing safety.

Easy Bill Payment Facility

Automate utility bill payments such as electricity, telephone, and mobile bills to avoid late fees and maintain a good payment record.

ATM Withdrawal Benefit

Get ₹100 cashback when you make your first ATM cash withdrawal within 30 days of receiving the card.

Here are the basic eligibility requirements you should meet before applying for the SBI SimplySAVE Card:

• You must be between 21 and 70 years of age

• You must be an Indian resident with valid ID and address proof

• You must have a stable income, whether salaried or self-employed

• You should have a good credit score and repayment history

Here is how you can apply for the SBI SimplySAVE Card online through Bajaj Markets in a quick and convenient way:

1. Click on ‘Check Card Offer’ to begin your SBI SimplySAVE Card application

2. Enter your mobile number and occupation type in the required fields

3. Accept the terms and conditions to proceed

4. Verify your details by entering the One-Time Password (OTP) sent to your registered mobile number

5. Review and confirm your pre-filled information, including PAN, email address, residential PIN code, and income details

6. Select the SBI SimplySAVE Card from the available options based on your eligibility

7. Click on ‘Submit’ to complete your application

The SBI SimplySAVE Card rewards programme helps you earn points on everyday spending such as groceries, dining, movies, and other regular purchases.

A. How You Earn Reward Points

• You earn 10 reward points for every ₹150 spent on dining, movies, grocery stores, and department stores
• On all other eligible spends, you earn 1 reward point for every ₹150 spent
• For redemption, 4 reward points = ₹1 in value

This means higher spending in accelerated categories helps you earn rewards much faster.

Example of Monthly Earnings

B. How to Redeem Reward Points

You can redeem your reward points by logging into your SBI Card account online and selecting options such as shopping vouchers, merchandise, or travel bookings.

A reward redemption fee of ₹99 + applicable taxes may apply as per the card’s terms and conditions.

C. Reward Point Expiry

Reward points earned on the SBI SimplySAVE Card remain valid for 24 months, after which unused points will expire.

D. Annual Savings Example

Drawing from the above examples, here is a clearer look at your estimated annual expenses and savings:

Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.