What is the annual fee for SimplySAVE SBI Card?

The annual fee for SimplySAVE SBI Card is ₹499. The fee is waived on annual spend above ₹1,00,000.

What is the joining fee for SimplySAVE SBI Card?

The one-time joining fee for SimplySAVE SBI Card is ₹499.

What are the rewards and benefits of SimplySAVE SBI Card?

SimplySAVE SBI Card earns points rewards. Reward rate ranges from 0.25% to 2.5%. You earn 0.67 points per ₹100 spent.

What lounge access benefits does SimplySAVE SBI Card provide?

SimplySAVE SBI Card provides 0 domestic lounge visits per quarter and 0 international lounge visits per year.

What is the eligibility criteria for SimplySAVE SBI Card?

To be eligible for SimplySAVE SBI Card, you need a minimum monthly income of ₹20,000.

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SBI Card

SimplySAVE SBI Card

Name: SimplySAVE SBI Card
Brand: SBI Card
Price: 499 INR
Availability: InStock

The SimplySAVE SBI Card is an entry-level rewards card that accelerates earning on everyday spend categories.

Regular

CardCheck ScoreGood

Top Category Performance

Dining & Food (86/100)

Best for: Shopping rewards

Joining Fee

₹499

Annual Fee

₹499

Reward Rate (%)

0.25 – 2.5

Forex Markup

3.5%

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(0)

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CardCheck Rating & Score

Our proprietary algorithm evaluates cards across reward value, fee fairness, lounge access and terms to provide an unbiased score.

GoodScore / 100

Reward Power

24/35

Fee Value & ROI

24/25

Lounge & Perks

4/20

Forex & Access

12/20

Category Strengths Breakdown

Ranked by strongest spend category

Dining & Food

86/100

Zero Fee & Starter

85/100

Online Shopping

72/100

Fuel & Petrol

62/100

Scoring Methodology: Evaluated deterministically using verified bank MITC filings, fee waiver spend ratios, reward percentage caps, and lounge agreements. No card receives sponsored score inflation. Learn how we score →

SimplySAVE SBI Card Benefits

10 Reward Points per ₹150 on dining, movies, grocery & departmental store spends

1 Reward Point per ₹150 on other eligible spends

2,000 bonus Reward Points on ₹2,000 spends within first 60 days

1 Reward Point = ₹0.25 redemption value

Annual fee waiver on ₹1 lakh annual spends

1% fuel surcharge waiver on ₹500–₹3,000 fuel transactions (max ₹100 per statement cycle)

EMI conversion via SBI Flexipay on eligible transactions

Contactless tap-to-pay enabled

SimplySAVE SBI Card Rewards

How you earn back on every swipe

points

Reward type

0.25% – 2.5%

Earn rate

0.67

Points / ₹100

₹0.25

Per point

SimplySAVE SBI Card Fees & Charges

Programme fees we track below. Interest on cash withdrawals or revolving balances, late-payment slabs and other charges are set by the bank and spelled out in their Most Important Terms and Conditions (MITC). Use the official product page for those details.

Joining fee₹499

Annual fee₹499

Fee waiver on annual spend₹1,00,000

Interest-free period50 days

Interest rate (APR)29.97% – 60%

Late payment fee (max)₹1,300

Cash advance fee2.5% (min ₹500)

Forex markup3.5%

Fuel surcharge waiverYes (₹500–₹3000)

SimplySAVE SBI Card Lounge Access

Airport perks included with this card

0 per quarter

Domestic lounge visits

0 per year

International lounge visits

Card Features

Metal Card

Contactless

UPI Linked

Fee Waiver Spend Simulator

Simulate your spend to check waiver eligibility

Waiver Target: ₹1,00,000/yr

Your Estimated Monthly Spend:₹8,333/mo

Presets:

100% to Annual Fee Waiver₹99,996 / ₹1,00,000

Spend ₹0/mo more (or ₹4 more per year) to waive the renewal fee.

Gross Rewards+₹2,500

Effective Fee₹499

Net Profit/Yr+₹2,001

Tips & reviews

Community comments — not financial advice. Bank terms still apply.

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SimplySAVE SBI Card Eligibility

Age21+ yrs – 65

Min. income₹20,000/month

CIBIL score680+

Employment type

SalariedSelf employed

Pros & Cons

Pros

Good entry-level rewards credit card
Strong rewards on everyday spending categories
Low annual fee with achievable waiver milestone
Welcome bonus offsets first-year fee effectively
Beginner-friendly rewards structure
Useful for grocery, dining & movie spends
Widely accepted Visa/Mastercard network support

Cons

No airport lounge access
Reward redemption value is relatively low
Forex markup is high for international spending
Best rewards limited to selected offline categories
Cashback cards may offer better real-world returns today
Reward exclusions apply on fuel surcharge, EMI, rent & wallet loads
Limited travel and premium lifestyle benefits

Who is this card for?

New credit card users or those with moderate monthly spends of ₹10,000–₹30,000 looking to earn rewards on everyday categories like groceries, dining, and movies without a complex rewards programme.