SBI SimplySAVE Credit Card

SBI SimplySAVE Credit Card


Joining Fee: Rs 499+GST
Annual Fee: Rs 499+GST




0.7% to 1.7%



Issued On

Visa, Rupay


Fuel Surcharge Waiver

Table of Contents

SBI SimplySAVE is an entry-level credit card offering from SBI Card. The SBI SimplySAVE credit card has a joining fee of Rs 499. We get 2000 reward points against the joining fee. The annual fee is also set at Rs 499 and is waived on Rs 1 Lakh spends in a membership year.

Eligibility Criteria

SBI Card does not state the eligibility criteria on the application page for the SimplySAVE card. Below is what we could gather from users who got an approval from SBI Card.

LTF IndusInd Bank Credit Cards
Credit Score750 and above
OccupationSelf Employed or Salaried
Income for SalariedAbove 20K per month
Income for Self EmployedAbove 30K per month
SBI SimplySAVE Credit Card Review: Eligibility Criteria

SBI Card has kept the eligibility criteria low as SimplySAVE is an entry-level card. Just like the SimplyCLICK, this card design is elegant with a printed pattern and feels good to hold.


Joining FeeRs 499+GST ~Rs 589
Welcome BenefitSpend Rs 2000 in first 60 days and get 2000 RP ~Rs 500 Value
Annual FeeRs 499+GST ~Rs 589
Renewal BenefitNone
Annual Fee WaiverOn annual spends of Rs 1 Lakh
SBI SimplySAVE Credit Card: Fees

The annual fee and required spends for waiver are in line with other entry-level credit cards. Also, the below application link will take you to the SBI Card application page SimplySAVE credit card’s RuPay variant. So, you can use this for UPI spends too. It makes reaching the annual fee waiver much more easier as we can use it for all kinds of small spends where credit cards may not have worked.

SBI SimplySAVE Credit Card Rewards

SBI SimplySAVE Rupay credit card has three reward rates depending on the type of spend and merchant. Each reward point is worth 25 paise for redemption. We can redeem reward points for statement credit by calling customer care.

LTF IDFC First Bank Credit Cards
Type of SpendReward PointsReturn Rate @25 per RP
Dining, Movies, Departmental Stores, Grocery Spends10 RP/Rs 1501.7%
Other Spends1 RP/Rs 1500.17%
SBI SimplySAVE Rupay Credit Card: Rewards

The reward rates above are also applicable for UPI spends as per the spend category.

The reward rate for other spends is not great when compared to other credit cards with a similar annual fee. We have many cashback credit cards like Flipkart Axis, Axis Ace, Airtel Axis and HDFC Swiggy that offer a better reward rate. But, the SimplySAVE credit card especially with UPI is still an OK option for dining, departmental stores and grocery spends.

Rewards Redemption

SBI SimplySAVE credit card has multiple options for redemption. We can get e-vouchers or products from the catalogue over here. The best option however is to get a statement credit by calling SBI Card team. For statement credit card, we get a value of 25 paise per reward point. We cannot redeem reward points for cash in the online redemption portal.

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No Complimentary Airport Lounge Access

We do not get any complimentary airport lounge access on the SBI SimplySAVE credit card.

  • Domestic Airport Lounge Access: Not Available
  • International Airport Lounge Access: Not Available

Other Key Benefits and Charges

  • Fuel Surcharge Waiver: 1% surcharge waiver for transactions between Rs 500 and Rs 3000

Final Thoughts

SBI SimplySAVE can be considered as the offline cousin of the SimplyCLICK card. But, the SimplySAVE card misses out on the good rewards offered by SimplyCLICK. The 0.7% reward rate on other spends category is redundant in today’s credit card offerings.

However, if you want a SBI RuPay credit card this can be one of the options. You can apply online using the below link to get the SBI SimplySAVE credit card in RuPay variant.

Frequently Asked Questions

SBI SimplySAVE Credit Card

Card Maven

Features and Benefits
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