Visa, RuPay 📡 Contactless NFC

SBI SimplySAVE Credit Card

Joining Fee₹499

Annual Fee₹499

Forex Markup 3.5%

Apply Now →

⚖️ Card Verdict & Target Persona

Who Should Apply

Everyday shoppers, diners, and moviegoers wanting 10X reward points on grocery and dining purchases, domestic lounge visits, RuPay UPI support, and an easy ₹1 Lakh spend waiver.

Who Should Avoid

High online shoppers or individuals seeking direct cashback.

🎁 Key Features & Highlights

🎉

Joining & Activation Welcome Gift

2,000 bonus Reward Points (worth ₹500) upon spending ₹2,000 within the first 60 days of card setup

10X Rewards on Dining, Groceries & Movies

Earn 10 Reward Points per ₹150 (2.5% valueback) on Dining, Movies, Departmental stores, and Grocery spends.

Domestic Airport Lounge Access

4 complimentary domestic airport lounge visits per calendar year (max 1 per quarter).

Low Spend-Based Fee Waiver

Annual renewal fee of ₹499 is waived off on spending ₹1,00,000 or more in the previous anniversary year.

💰 Reward Structure & Point Valuation

1 Reward Points = ₹0.25

Standard Base Earning

1 Reward Point per ₹150 spent on all other regular retail purchases (0.25% return; 1 RP = ₹0.25)

Accelerated / Partner Rate

10 Reward Points per ₹150 (2.50% return; 1 RP = ₹0.25) on Dining, Movies, Departmental Stores, and Groceries (capped at 10,000 points/month combined)

Points Validity:24 Months

Redemption Fee: ₹99 + GST / cycle

Redemption Modes: Direct Statement Credit (1 RP = ₹0.25), SBI Rewards Catalog Vouchers & Flight Bookings

🚫 No Reward Points / Cashback on:

Fuel Wallet Loads Government Transactions Rent Payments Utility Insurance Cash Advances EMI

🛋️ Airport Lounge Access & Spend Criteria

✓ Lounge Access Active

🛫

Domestic Lounge Visits4 complimentary domestic airport lounge visits per calendar year (max 1 per quarter)

🌐

International Lounge VisitsNone

⚠️

Spend Criteria: None (Unconditional complimentary access)

⚡ Spend Milestones & Special Perks

Annual Fee Waiver ₹100,000/yr

Annual renewal fee of ₹499 + GST is waived off on spending ₹1,00,000 or more in the previous anniversary year

UPI Payments Support✓ Supported (RuPay)

1 Reward Point per ₹150 on eligible merchant RuPay UPI QR transactions

Fuel Surcharge Waiver1% Surcharge Waived

1% fuel surcharge waiver for transactions between ₹500 and ₹4,000 (Capped at ₹250/mo)

📋 Eligibility Criteria

✓ Official Criteria

Age Limit21 - 70 Years

Min. Monthly Income₹20,000

Min. Credit Score720 CRIF

Employment TypeSalaried / Self-Employed

📊 Interest Rates & Charges

Finance Charges (Interest Rate / APR):3.50% per month (42.0% per annum)

Late Payment Penalties:Late payment charges slab-based up to ₹1,300

Official Bank Portal Application

Get the SBI SimplySAVE Credit Card

Annual Fee: ₹499/yr (Waivable)

Apply Online Now →

Personalized Card Matcher

Still Confused About Your Best Match?

Don’t guess your cashback. Tell CardGuru your monthly grocery, UPI, and online shopping spends to calculate your exact net rupee returns in 10 seconds.

⚡ Instant Net Yield Math•🛋️ Lounge Fee Gate Check•🆓 100% Free & Impartial

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Frequently Asked Questions

No, SBI SimplySAVE Credit Card has a joining fee of ₹499 and an annual renewal fee of ₹499 (plus applicable taxes).

SBI SimplySAVE Credit Card ₹499/yr