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 |
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!
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
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2.5% of the withdrawn amount or ₹500, whichever is higher |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 |
Rewards |
Value |
Extravaganza Rewards |
2000 points |
Shopping |
1 point per ₹150 spent |
Fee reversal |
₹499 |
Fuel freedom |
₹300- ₹500 |
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.
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
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
The card is acceptable in 24 million outlets and stores across the globe and 3,25,000 outlets only in India
With the SimplySAVE SBI Card, users can benefit with an add-on credit card for their family members above 18 years of age
Using FlexiPay, users can convert their expenses into easy EMIs to spread their big-ticket purchases across a few months
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.
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.
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.
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.
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.
Credit Card |
Ideal For |
Fuel, Traveling, Shopping |
|
Fuel, Traveling, Shopping |
|
Shopping, Dining, Entertainment |
|
Traveling, Entertainment, Dining |
|
Shopping, Entertainment, Fuel, Dining |
|
Shopping, Rewards, Cashback |
|
Traveling, Entertainment, Fuel |
|
Shopping, Rewards, Cashback |
|
Shopping, Rewards, Cashback |
|
Traveling, Shopping, Fuel |
|
Shopping, Entertainment, Fuel |
Credit Card |
Reward point |
Standard Chartered Super Value Titanium Credit Card |
1 point for every ₹150 spent |
4 points for every ₹150 spent |
|
HSBC Smart Value Credit Card |
3 points for every ₹100 spent |
5 points for every ₹150 spent |
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.
Except for Nepal and Bhutan, the SBI SimplySAVE credit card is accepted in all the countries outside India.
You can very well use the card to transfer any outstanding balance from any other credit card.
All potential cardholders need to submit proof of residence, income, and identity to the bank or on the website.
The credit limit is usually set at the time of issuing the card and depends on factors like the creditworthiness of the user.
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.
The interest rate is ₹25 per month or 3.35% per month whichever is higher among the two.
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.
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.
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.