SBI SimplySAVE Credit Card

SBI Simply SAVE Credit Card is a simple credit card designed for everyday purchases. As the name implies, the Card allows you to earn huge rewards on your daily expenses and other categories.

You can earn more benefits with this credit card in various areas, such as supermarkets, department store purchases, dining, and movies.

sbi simply save credit card.png

Image Source: SBI Official website

Key Highlights

Suitability

Beginner Card

Joining Charges

Rs. 499

Annual Charges

Rs. 499

SBI Simply Save Credit Card Reward Points

It offers 10X points on dining, movies, groceries, and department store purchases.

SBI Simply Save Credit Card Limit (Overlimit)

Rs.600 or 2.5% of the over limit amount (whichever is more)

SBI Simply Save Credit Card Features and Benefits

The SBI Simply Save credit card benefits and features are enlisted below-

  • 2,000 Extra RPs worth Rs. 500 for spending Rs. 2,000 within the first 60 days after card activation.
  • Every fuel transaction between Rs. 500 and Rs. 3,000 entitles the cardholder to a 1% fuel surcharge waiver. It should be noted that a highest or maximum of Rs. One hundred per month can be waived.
  • The Card's annual renewal cost is waived if you spent Rs. 1 lakh or more in the previous year.
  • For every Rs. 100 spent, you will receive one Reward Point.
  • For every Rs. 100 spent on eating, department stores, movies, and groceries, you will receive 10X Reward Points (reward rate = 2.5%).

SBI Simply Save Credit Card Annual Fee and Charges

The SBI Simply Save credit card charges and other fees are listed below-

Joining Charges

Rs. 499

Annual Charges

Rs. 499

Finance Charges

42% pa

Late Payment Charges

  • Rs. 400 between Rs. 500 and Rs. 1,000.
  • Rs. 750 between Rs. 1,000 and Rs. 10,000.
  • Rs. 950 between Rs. 10,000 and Rs. 25,000.
  • Rs. 1,100 between Rs. 25,000 and Rs. 50,000.
  • Rs. 1,300 for amounts greater than Rs. 50,000.

SBI Simply Save Credit Card Eligibility

The eligibility criteria that you need to meet in order to apply for the Card are mentioned in the table below-

Age

21 - 70

Occupation

Self-employed or Salaried

Documents Required to Apply for the SimplySave SBI Card

Certain documents must be uploaded or submitted to your card issuer in order to validate all of the information on your credit card application.

The following documents will be needed to apply for the SimplySave Card-

  • Voter ID, PAN Card, Driving License, Aadhar Card, or Passport are all acceptable forms of identification.
  • Aadhar Cards, Ration cards, Utility Bills, passports, or Driving licenses are acceptable forms of address proof.
  • Income documentation includes the most recent bank statement, salary slips, or audited financial reports.

How to Apply?

The Simply Save Card can be applied online or in person. 

  • Offline Process

If you prefer to apply offline, go to your nearest SBI branch and request a physical application form for the SimplySave Card from the branch executives. Fill out the form fully and submit it.

  • Online Process

You can apply for this Card online by following the steps outlined below-

Step 1: Visit the official SBI Card website at https://www.sbicard.com/

Step 2: Click 'Apply Now' under the 'Apply' column.

Step 3: On your screen, you will see all of the cards.

Step 4: Choose the SBI SimplySave Card and press the 'apply now' button.

Step 5: Fill out all of the required information and submit the application form.

Similar Credit Cards

Credit Card Name

Features

Standard Chartered Super Value Titanium Credit Card

One reward for Rs. 150 spent.

HSBC Smart Value Credit Card

3 Rewards for Rs. 100 spent.

HDFC MoneyBack Credit Card

4 Rewards for Rs. 150 spent. 

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