SBI SimplySAVE Credit Card: Benefits, Fees & Apply Online

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Key Highlights of the SimplySAVE SBI Card

Here’s why this shopping credit card is a good pick:

Joining Fee	Only ₹499 + GST
Annual Fee	Annual fee is refunded on spending ₹1 Lakh or more in the previous year
Suitable for	Rewards on shopping
Key Feature	Savings on everyday spends
Joining Bonus	Spend ₹2,000 and get 2,000 bonus reward points*

Features and Benefits of SimplySAVE SBI Credit Card

Here are some of the perks you can enjoy when you get this SBI Card:

Welcome Benefit

*Earn 2,000 bonus reward points on spending ₹2,000 or more within first 60 days

Assured Rewards

Earn 10X points on each ₹150 spent on movies, dining out, groceries and at department stores, and a point per ₹150 spent for all other transactions

Cash Withdrawal Perks

Get ₹100 as cashback when you withdraw from an ATM for the first time within 30 days of receiving your card

Fuel Surcharge Waiver

Get 1% waiver on the additional charges on fuel spends between ₹500 to ₹3000, up to ₹100 per statement cycle

Global Acceptance

You can use this card across 3,25,000 outlets in India and withdraw cash from over 1 million ATMs around the globe

Secure Contactless Payments

Simply tap your card to pay at secure readers and reduce the chances of fraud or theft with Visa payWave

Balance Transfer on EMI

Transfer the outstanding balance of other bank’s credit cards and pay just 1.7% interest per month for up to 180 days

Flexipay

Convert any purchase above ₹2,500 into easy monthly instalments within 30 days of purchase

Easy Bill Pay Facility

Automate your electricity, telephone, mobile, and other utility bills payments

Explore SimplySAVE SBI Card

SimplySAVE SBI Card’s Rewards Program

The value of reward points and how you can earn them varies across SBI Cards. This is how the process works for the SimplySAVE SBI Card:

1. Reward Points

The SimplySAVE SBI Card offers more reward points on shopping expenses.

For each ₹150 you spend on dining, movies, departmental stores and groceries, you earn 10 reward points.

Purchase (Monthly)	Amount	Reward Points	Savings
Groceries	₹3,000	200	₹50
Dining Out	₹1,500	100	₹25

Disclaimer: The above example is for illustration purposes only.

On all your other spends, you earn 1 reward point per ₹150 spent. In this case 4 Reward Points = ₹1.

Here’s an example of your savings:

Purchase (Monthly)	Amount	Reward Points	Savings
3 Movie Tickets	₹600	4	₹1
Fuel Expenses	₹6,000	40	₹10

Disclaimer: The above example is for illustration purposes only.

2. Redemption Process

Redeem your reward points by logging in to your SBI credit card account online. You can pay for different merchandise using points and even book travel packages or choose shopping vouchers. A rewards redemption fee of ₹99 is applicable as per specified terms and conditions.

3. Expiration

All the reward points you earn will expire after 24 months.

4. Example of Savings

Drawing from the above examples, here’s a look at what your annual expenses and savings will look like:

Category	Details	Conversion	Cash Value (₹)
Movie Tickets	Accelerated Category Spends (10X) Assuming spends ₹3,600 p.a./₹300 p.m.	Reward Points = 240 10X(3,600/150)	60
Groceries	Accelerated Category Spends (10X) Assuming spends ₹36,000 p.a./₹3,000 p.m.	Reward Points = 2,400 10X(36,000/150)	600
Fuel Expenses	1% Surcharge Waiver + Normal Category Spends Assuming spends ₹72,000 p.a./₹6,000 p.m.	6,000 x 1% x 12 + Reward Points = 480 (72,000/150)	720 + 120
Dining Out	Accelerated Category Spends (10X) Assuming spends ₹18,000 p.a./₹1,500 p.m.	Reward Points = 1,200 10X(18,000/150)	300
Total Annual Savings		4,320	1,800

Disclaimer: The above example is for illustration purposes only. The actual rewards and savings may vary based on the policies of the issuer and on the timely payment of credit card dues. Please check with the card issuer before applying.

Now, you have two options:

1. Redeem 4,320 points via the Shop and Smile rewards portal, where you can choose from various products, such as accessories, apparel, electronics, homeware, memberships and more.

2. Convert your reward points into cash by contacting SBI Card. Since 4 reward points = ₹1, the cash value of 4,320 rewards = ₹1,080.

SimplySAVE SBI Card : Fees and Charges

Here are all the charges you can expect to incur for or while using the card:

Fee Type	Details
Joining Fee	₹499
Annual Fee	₹499 Waived off on annual spends of ₹1 Lakh or more in the preceding year
Reward Redemption Fee	₹99
Cash Advance Fee	2.50% of the withdrawn amount or ₹500, whichever is higher
Interest Charges	3.50% per month (42% per annum)
Minimum Amount Due	5% as per this calculation: Total GST + EMI amount + 100% of Fees/Charges + 5% of [Finance charge (if any) + Retail Spends and Cash Advance (if any)] + Overlimit Amount (if any)
Late Payment Fee	Can go up to ₹1,300 based on the overdue balance
Foreign Transaction Fee	3.50% of the transaction amount

Note: A GST of 18% is applicable on the above-mentioned charges.

Disclaimer: These fees and charges are also subject to change at the discretion of the issuer. Before applying, check the issuer’s Most Important Terms and Conditions (MITC) document to verify.

Eligibility Criteria and Documents Required to Apply for the Card

Check your SimplySAVE SBI Credit Card’s eligibility and keep all required documents ready. To apply, you need to be:

At least 21 years old and up to 70 years old
Employed (salaried or self-employed) with a regular income source
Creditworthy with a good credit score

Here is the general list of documents you will need to submit:

Identity Proof:
1. PAN card
2. Colour photographs
3. Passport
4. Aadhaar card
Address Proof:
1. Utility bill (electricity, water, phone)
2. Ration card
Income Proof:
1. Salaried: Latest salary slips (past 2-3 months), Form 16
2. Self-employed: Income Tax Returns (ITR), bank statements showing income

How to Apply for SimplySAVE SBI Card Online

To know how to apply for this card on Bajaj Markets, read the steps below, and submit your application.

Click on ‘Check Eligibility’ and fill in the required details, including your phone number, date of birth, and occupation
Enter the One-Time Password (OTP) sent to your phone
Check the pre-filled details like your PAN card number, email address, residential PIN code, and income information
Apply for the card that suits your needs from the available options
Click "Submit" to complete your application

Customer Care

If you have any questions, you can reach out to SBI Card’s customer care team via phone or email:

Call 1860 500 1290, 1860 180 1290, 39 02 02 02 (Prefix local STD code), or 1800 180 1290 (toll-free)
Email customercare@sbicard.com

SimplySAVE SBI Card vs Others

Compare the benefits of this card with other cards from SBI Card:

Card Name	Cashback	Complimentary Airport Lounge Access	Fuel Surcharge Waiver	10X Reward Points
SimplySAVE SBI Card	✅	✅	✅	✅
IRCTC RuPay SBI Card	✅	❌	✅	❌
SBI ELITE Card	❌	✅	✅	❌
SimplyCLICK SBI Card	❌	❌	✅	✅
SBI Card PRIME	❌	✅	✅	✅
Lifestyle Home Centre SBI Card	✅	❌	✅	✅
BPCL SBI Card OCTANE	✅	✅	✅	✅
BPCL SBI Card	✅	❌	✅	❌
SBI Card PULSE	❌	✅	✅	✅
Max SBI Card SELECT	✅	❌	✅	✅

Disclaimer: The benefits mentioned may change as per the policies of SBI Card. Check them before you apply for a specific card.

Disclaimer

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.

Should I opt for a VISA or Mastercard on my SimplySAVE SBI Credit Card?

Both payment systems offer a range of benefits. At a user level, you may not experience too much difference between the two. Instead, opt for a card variant based on its benefits and rewards.

Does the SimplySAVE SBI Credit Card have UPI integration?

No, the SimplySAVE SBI Card cannot be linked to your UPI ID. If you want a UPI-enabled card, a RuPay card such as the IRCTC SBI RuPay Card will be a better option.

How does the fuel surcharge waiver work for the SimplySAVE SBI Credit Card?

With this card, you get a 1% waiver on the fuel surcharge for eligible transactions, effectively reducing the surcharge to 0%. Eligible transactions are those between ₹500 and ₹3,000. You can avail this at any petrol pump in India. However, the maximum waiver you can claim is ₹100 per month.

How can I maximise my rewards for the SimplySAVE SBI Credit Card?

To maximise your rewards, pay for all your grocery shopping, dining and movie tickets using the card. This way, you can benefit from 10X reward points on these transactions.

What is the add-on card fee for this card?

There are no add-on fees for the SimplySAVE SBI Card.

Will SBI replace my lost SimplySAVE SBI Credit Card for free?

No, you will have to pay a fee ranging between ₹100-₹250 to get a new card if you lose your SimplySAVE SBI Card.

What are the different tenors available for availing the Flexipay option?

You can choose the Flexipay option for a period of 6, 9, 12, or 24 months. You can also pick a tenor of 36 months, provided the amount is ₹30,000 or more.

Is card face customisation available for the SimplySAVE SBI Card?

Currently, the option to customise is not available on this credit card.

How can I pay my SBI SimplySAVE Credit Card bill?

You can pay your credit card bill payment through multiple online and offline methods. Some of the different ways include paying via the SBI Card app, the SBI Card website, the SBI YONO app, via NEFT, the SBI BillDesk platform, via an SBI branch, or by dropping a cheque into an ATM dropbox.