SBI SimplySAVE Credit Card Benefits - 10X Reward Points, Welcome Bonus & More

author FKM Content Writer


Today, we will review the SBI SimplySAVE Credit Card. It is one of the most popular credit cards. The joining fee and annual fee is nominal, also it offers decent rewards. So let us have a detailed look at all the features to know whether you are eligible for the card and whether you should apply for it.

Although SimplySAVE card of SBI is not a lifetime free credit card, it comes with an annual fee waiver. There are many more features and benefits of this credit card. So without wasting any time, let us take a look at the features of this credit card. 


SimplySAVE SBI Card 

It is one of the top credits cards of SBI in the online shopping category. The credit card has some unique features that make it an automatic choice for salaried people. A key feature of the SimplySAVE SBI Card is the 10X reward points on dining, entertainment, departmental stores and groceries. Also, there is no cap for maximum bonus reward points. 

SBI SimplySAVE is one of the highly recommended credit cards for beginners in India. The credit card comes enabled with contactless payments. There are many more interesting features as well. Keep reading to know more about SimplySAVE card. 

SimplySAVE SBI Card Fee

The annual fee of SimplySAVE SBI card is Rs. 499. After the first year, you will be charged a renewal fee of Rs. 499. 

The good thing here is the annual fee waiver. You get annual fee waiver on yearly spend of Rs. 1 lac. Here is a look other charges of SimplySAVE Credit card.

If you are looking for a lifetime free credit card then SimplySAVE of SBI  can be a choice provided your yearly spend is Rs. 1 lac. 

SimplySAVE Card


Joining fee


Annual fee


Interest rate

Up to 3.35% per month

Cash withdrawal fee

2.5% of the transaction amount or Rs.300 per transaction (SBI ATMs)

3% or Rs.300 (International ATMs)

Rewards redemption fee

Rs.99 per request

Payment dishonor fee

2% of the payment amount or Rs.450

Statement retrieval fee

Rs.100 per statement

Over-limit fee

2.5% of the over-limit amount or Rs.500

Foreign currency transaction fee

3.5% of the transaction amount

Card replacement charge




SBI SimplySAVE Card Joining Perks

You also get joining perks with the credit card. Get 2,000 bonus points on spending Rs. 2,000 in the first 60 days. The welcome bonus is one of the key attractions of any credit card. And Simply Save credit card gives you decent perks on joining. 

Now, let us have a look at the rewards program of this credit card.

SBI SimplySAVE Credit Card Rewards Program

4 Reward Points = Rs. 1 

Earn 1 reward point for every Rs. 100 spent on the card.

The special feature or key highlight of the card is that you get 10 reward points for every spent on dining, entertainment, departmental stores and groceries.

Another important question, how you can redeem the reward points?

The reward points can be redeemed for gifts from SBI rewards catalogue.


SBI SimplySAVE Credit Card Features

  • Easy Bill Pay facility: Use the Easy Bill Pay facility to pay electricity, telephone, mobile and other utility bills. 

  • Add-on Cards: Get free add-on cards for your family members. 

  • Worldwide Acceptance: Use SimplySAVE SBI Card in over 24 million outlets across the globe. 

  • Welcome Offer: Get 2,000 reward points as a welcome bonus on spend of Rs. 2,000 within the first 60 days. 

  • Balance Transfer on EMI: Pay other credit card dues and avail a lower rate of interest. 

  • Flexipay: Convert your transactions in easy monthly instalments. 

Now, the most important part. The eligibility of SimplySAVE SBI Card. 

SimplySAVE SBI Card Pros and Cons

  • 2,000 bonus Reward Points.
  • 1% fuel surcharge at any petrol pump.
  • Annual membership fee reversal.
  • 10 Reward Points per Rs 100 spent on Dining, Movies, Departmental Stores and Grocery Spends
  • No waiver on the first-year fee.
  • Fee waiver on minimum spend of Rs. 1,00,000

SimplySAVE Credit Card Reviews



The reviews that we found online are mostly positive. SimplySAVE Credit card of SBI is predominantly for online shopping with a decent rewards program. The fee waiver is a good option to have with this credit card. Not all credit cards come with fee waiver. 

SimplySAVE SBI Eligibility 

Are you impressed by the features of SimplySAVE SBI Credit card?

Check the eligibility and apply for the card online.

  • Age: Minimum 21 Years

  • Salaried: Net Monthly Income > Rs. 25,000 per month

  • Self Employed: ITR > Rs. 3 Lakhs per annum

To apply for credit cards is simple these days. You have to provide basic details and customer care will contact you to complete the process. 

Click Here to Check Eligibility


SBI SimplySAVE Credit Card Limit

The credit limit depends on the credit score of the cardholder. Also, the credit card issuers increase the limit depending on the usage of the holder. You can even apply to increase your credit limit by submitting the following documents:

  • Form 16

  • ITR VI

  • Last 2 months salary slip

SBI Card Helpline Number

1860 180 1290 or 39 02 02 02 (prefix STD code)


If you want a shopping credit card then SimplySAVE from SBI can be your choice. With nominal joining and annual fee, the credit card offers good rewards on select categories. The unique benefits make SimplySAVE one of the best credit cards in the market for beginners. 

Frequently Asked Questions

What is SimplySAVE SBI card?
SBI SimplySAVE credit card is one of the best popular credit cards. The credit card helps you earn big rewards. The benefits include categories such as grocery, departmental store purchases, dining and movies.

Is SBI simply save card good?
Get 1% fuel surcharge waiver at any petrol pump across India for a transaction between Rs. 500 to Rs. 3000. It is a good credit card with all-round benefits. 

What are the benefits of SBI simply save credit card?
The credit card provides benefits across various categories. The key benefits of SimplySave Credit card include 2,000 bonus reward points on joining. You also get 4 reward points on every spend and 10 reward points for select categories. You also get free waiver with SBI Simply save card. 


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