SimplySAVE SBI Credit Card

✓ Fast Processing ✓ Great Discounts & Offers ✓ Easy EMI Facility | Apply for Credit Card from SBI Bank now!

SBI SimplySAVE Card

SBI SimplySAVE card is a basic credit card designed for everyday purchases and expenditure. As the name suggests, the card helps you save a lot of money and earn big rewards on your daily expenses like grocery, dining, travel, shopping, and movies.

Some of the key highlights of the SimplySAVE SBI credit card are as follows:

Type of Card

Entry Level

Best for

Daily expenses

Joining fees

₹499

Annual fees

₹499

Welcome gift

₹2000 bonus points on spending the same amount within 60 days

Best feature

10x reward points on grocery, dining, travel, shopping, and movies

How to Apply for SimplySAVE Credit Card

  • Step 1: Visit the Bajaj Markets official website to start your SBI SimplySAVE card application process

  • Step 2: Fill in the details on the application

  • Step 3: Browse through the list of credit cards

  • Step 4: Select the SBI SimplySAVE card for yourself.

  • Step 5: Proceed with the application process by submitting the credit card application form, and you are done!

Eligibility & Documents Required for SBI SimplySAVE Credit Card

The SBI SimplySAVE credit card eligibility criteria are as follows:

  • Salaried individuals should be between the age of 21-55 years

  • Self-employed individuals should be between the age of 21-70 years

  • The individual should be a Resident of India

The documents required for an SBI SimplySAVE card are:

  • Identity Proof - Aadhaar Card/ PAN Card/ Driving License/ Voter ID/ Passport

  • Income Proof - Latest salary slips for salaried, Income Tax Return (ITR)

  • Pan Card

  • Photograph

Fees and Charges of SimplySAVE SBI Card 

As a prospective cardholder, it is crucial for you to be aware of the various fees and charges applicable on the SimplySAVE SBI card. This will allow you to make a far more informed financial decision. Check out the table below for more information regarding the various charges.

Type of Fees

Amount

Joining Fees

₹499

Annual Fees

₹499

Add-on card fee

Nil

 

 

 

 

Late Payment

Up to ₹500: 0

Rs 400- ₹500 - ₹1,000

₹750- ₹1,000 - ₹10,000

₹950- ₹10,000 - ₹25,000

₹1100- ₹25,000 - ₹50,000

₹1300- Above ₹50,000

Statement retrieval

₹100 per statement

Card Replacement

₹100

Foreign currency transaction fee

3.5% of the total transaction value

Finance Charges

3.5% per month (42% per annum)

Free Credit Period

Nil

Cash advance fee

2.5% of the withdrawn amount or ₹500, whichever is higher

Overlimit fee

2.5% of the overlimit amount or ₹600, whichever is higher

Cash payment fee

₹250 plus taxes

Payment dishonour fee

2% of the amount or ₹500, whichever is higher

Reward redemption fee

₹99

SimplySAVE SBI Card Reward Points

Rewards

Value

Extravaganza Rewards

2000 points

Shopping

1 point per ₹150 spent

Fee reversal

₹499

Fuel freedom

₹300- ₹500

SimplySAVE SBI Credit card Reward Points Redemption 

Once you accumulate enough reward points on your SimplySAVE SBI credit card, you can proceed to redeem them for exciting discounts, offers, and vouchers. The process that you would have to follow for the same is very simple. Take a look at the step-by-step guide below for more information. 

 

  • Step 1: Visit the SBI Card website. 

  • Step 2: Log in using your username and password. 

  • Step 3: Click on ‘Rewards’ and then on the ‘Redeem Rewards’ option. 

  • Step 4: Click on the reward that you would like to receive and place a redemption request. 

  • Step 5: That’s it! You will receive your reward via an SMS or an email.

Features & Benefits of SimplySAVE SBI Card

  • Rewards

Using the SimplySAVE SBI Card, earn 1 reward point on every ₹150 spent. You can then use the accumulated reward points to make credit card bill payment. Users can also enjoy 10x reward points per 100 spent on Dining, Movies, Departmental Stores and Grocery

  • Welcome Gift

With the SBI SimplySAVE credit card welcome offer, get ₹2000 bonus points on spending ₹2000 within 60 days of getting the card. Additionally, enjoy ₹100 cashback on the first ATM withdrawal that is done within 30 days of getting the card

  • Worldwide acceptance

The card is acceptable in 24 million outlets and stores across the globe and 3,25,000 outlets only in India

  • Add on cards

With the SimplySAVE SBI Card, users can benefit with an add-on credit card for their family members above 18 years of age

  • EMI

Using FlexiPay, users can convert their expenses into easy EMIs to spread their big-ticket purchases across a few months

  • Utility Bills

Another SimplySAVE credit card benefit is that users can pay off their utility bills like electricity, telephone and more using the Easy Bill Pay facility on your card.

  • Fuel surcharge waiver: 

1% of your transactions between ₹500 and ₹3,000 at any Indian petrol station are exempt from the fuel surcharge. A maximum waiver of ₹100 is available to you per statement cycle with the SBI SimplySAVE credit card.

  • Annual Fee Reversal:

You can avail annual membership fee reversal for the SBI SimplySAVE credit card if you have spent ₹1 Lakh or more in the previous year.

SBI SimplySAVE Credit Card Customer Care

One can reach out to the SBI customer care team for any questions or concerns regarding their account or credit card via phone or email. The SBI credit card helpline number is 1860 180 1290 and the email address is customercare@sbicard.com.

SBI SimplySAVE Credit Card Bill Payment

  • Download the SBI card mobile app and log in to your account with your credentials

  • Go to the ‘pay now’ tab on the account summary page

  • Here, users must enter their mobile number and email address

  • Next, enter the amount due to be paid

  • Finally select the payment option and name of the bank and authorize the payment. Upon payment, the SBI Credit Card account will be updated immediately.

Other Credit Cards Offered by State Bank of India

Credit Card

Ideal For

SBI BPCL Credit Card

Fuel, Traveling, Shopping

SBI BPCL Octane Credit Card

Fuel, Traveling, Shopping

Central SBI Credit Card

Shopping, Dining, Entertainment

Club Vistara SBI Card

Traveling, Entertainment, Dining

SBI ELITE Card

Shopping, Entertainment, Fuel, Dining

FBB SBI STYLEUP Card

Shopping, Rewards, Cashback

SBI IRCTC RUPAY Card

Traveling, Entertainment, Fuel

SBI Lifestyle Credit Card

Shopping, Rewards, Cashback

Max SBI Card SELECT

Shopping, Rewards, Cashback

SBI PRIME Card

Traveling, Shopping, Fuel

SimplyCLICK SBI Card

Shopping, Entertainment, Fuel

Cards Similar to SBI SimplySAVE Credit Card

Credit Card

Reward point

Standard Chartered Super Value Titanium Credit Card

1 point for every ₹150 spent

HDFC MoneyBack Credit Card

4 points for every ₹150 spent

HSBC Smart Value Credit Card

3 points for every ₹100 spent

Standard Chartered Platinum Rewards Credit Card

5 points for every ₹150 spent

FAQs about SimplySAVE SBI Card

  • ✔️How do I redeem the reward points on my SBI SimplySAVE Credit Card?

    To redeem the reward points, log in to the official website, go to the ‘rewards’ tab and click on ‘redeem rewards’. Next, the user can go through the list of products available and choose the item of their choice.

  • ✔️Can I use my SBI SimplySAVE Credit Card outside India?

    Except for Nepal and Bhutan, the SBI SimplySAVE credit card is accepted in all the countries outside India.

  • ✔️Can I use balance transfer on my SimplySAVE SBI Card?

    You can very well use the card to transfer any outstanding balance from any other credit card.

  • ✔️What are the documents acceptable for SBI Card Simply Save?

    All potential cardholders need to submit proof of residence, income, and identity to the bank or on the website.

  • ✔️What is the SimplySAVE SBI Card credit limit?

    The credit limit is usually set at the time of issuing the card and depends on factors like the creditworthiness of the user.

  • ✔️What are the benefits of the SBI SimplySAVE credit card?

    Using the SimplySAVE SBI Card, you can earn one reward point on every Rs 150 spent and a welcome offer of ₹2000 bonus points on spending Rs 2000 within 60 days of getting the card.

  • ✔️What is the interest rate of the SBI SimplySAVE credit card?

    The interest rate is ₹25 per month or 3.35% per month whichever is higher among the two.

  • ✔️Can I withdraw cash on SimplySAVE SBI Credit Card?

    Yes. You can withdraw cash using the SBI SimplySAVE credit card at any ATM across the world. However, keep in mind that there’s a maximum cash withdrawal limit, which can vary from one person to another.

  • ✔️What is the annual fee for SBI SimplySAVE Card?

    The annual fee for the credit card is ₹499 plus taxes. You can get your annual fee for the next year waived by spending ₹1 Lakh or more during the current year.

  • ✔️How can I pay my SBI SimplySAVE Credit Card bill?

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