SBI SimplySAVE Credit Card by SBI Card — Credit Card Image
SBI Card Review Verified: 2026-09-27

SBI SimplySAVE Credit Card

4.0 / 5.0 Rating
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#rewards #dining

Fees

₹499 + Taxes

Joining & annual

Reward Rate

10 Reward Points per ₹150 on dining, movies, departmental stores and grocery (about 1.67%, capped at 5,000 points a month); 1 Reward Point per ₹150 on other spends; 4 Reward Points = ₹1

Welcome Bonus

2,000 bonus Reward Points (worth ₹500) on spending ₹2,000 within 60 days

Lounge

No Lounge Access

Overview Perks & Milestones Fees & Interest Eligibility FAQs Compare

Our Expert Take

SBI SimplySAVE is a ₹499 entry-level card that earns 10X Reward Points on dining, movies, groceries and departmental stores, worth about 1.67% back, capped at 5,000 points a month. The fee is reversed on ₹1 Lakh annual spends.

Reward limits

Checked 11 Oct 2026 · Bank terms

  • 10 points per ₹150 on dining, movies, departmental stores, grocery

    Max 5,000 points per month

    Reached after about ₹75,000 of spend

Pros & Cons

Key Advantages

  • 10X Reward Points on dining, movies, departmental stores and grocery
  • 2,000 bonus Reward Points (worth ₹500) for spending ₹2,000 in the first 60 days, which covers the joining fee
  • Renewal fee reversed if you spend ₹1 Lakh in a year
  • Points can be used to pay your card bill at 4 points = ₹1

Limitations

  • The 10X rate is capped at 5,000 Reward Points a month (about ₹75,000 of spends in those categories)
  • Very low base rate of about 0.17% on everything else
  • No lounge access, milestone benefits or travel perks
  • No Reward Points on fuel, and a 3.5% forex markup on international spends

Key Perks & Spending Milestones

10 Reward Points per ₹150 at restaurants, bars, fast food outlets, cinemas, departmental stores and grocery stores

1 Reward Point per ₹150 on all other eligible spends

2,000 bonus Reward Points on spending ₹2,000 within 60 days of getting the card

1% fuel surcharge waiver on transactions of ₹500 to ₹3,000, up to ₹100 per statement cycle

Renewal fee reversed on annual spends of ₹1 Lakh

Reward Points valid for 24 months

Secured variant (SimplySAVE Advantage) available against a fixed deposit

Fees & Charges

Joining fee

₹499 + Taxes

Annual fee

₹499 + Taxes

Renewal fee reversed on annual spends of ₹1 Lakh

Interest rate

Up to 3.75% per month (45% per annum)

Late payment fee

Nil up to ₹100; ₹100 for ₹101-₹500; ₹500 for ₹501-₹1,000; ₹750 for ₹1,001-₹10,000; ₹950 for ₹10,001-₹25,000; ₹1,100 for ₹25,001-₹50,000; ₹1,300 above ₹50,000

Eligibility Criteria

Salaried or self-employed resident Indians with a regular income. SBI Card doesn't publish a fixed income threshold for this card. A secured variant, SimplySAVE Advantage, is available against a fixed deposit for people without an income proof or credit history.

Credit score & income

Fair to Good (700+)

Frequently Asked Questions

What is the reward rate on SBI SimplySAVE?
10 Reward Points per ₹150 on dining, movies, departmental stores and grocery, and 1 Reward Point per ₹150 on other spends. At 4 points = ₹1, that is about 1.67% and 0.17% back.
Is there a cap on the 10X Reward Points?
Yes. 10X points on the bonus categories are capped at 5,000 Reward Points per calendar month. After that, those spends earn 1 point per ₹150.
How do I get the SimplySAVE annual fee waived?
The ₹499 renewal fee is reversed if you spend ₹1 Lakh or more in the previous year.
Does SimplySAVE give Reward Points on fuel?
No. Fuel spends don't earn Reward Points, but you get a 1% fuel surcharge waiver on transactions between ₹500 and ₹3,000, up to ₹100 per statement cycle.
What is the welcome benefit?
2,000 bonus Reward Points, worth ₹500, when you spend ₹2,000 or more within the first 60 days.

Compare SBI SimplySAVE Credit Card With Similar Cards

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SBI SimplySAVE Credit Card This Card ₹499 + Taxes 10 Reward Points per ₹150 on dining, movies, departmental stores... No Lounge Access 4.0/5
SBI SimplyCLICK Credit Card ₹499 + Taxes 10X points at Apollo 24|7, BookMyShow, Cleartrip, Dominos, IGP,... No Lounge Access 4.2/5
Cashback SBI Credit Card ₹999 + Taxes 5% cashback on online spends, capped ₹2,000/statement cycle; 1%... No Lounge Access 4.7/5
SBI Card Pulse ₹1,499 + Taxes 10 Reward Points per ₹100 on dining, movies, sports, chemist &... 4 Domestic/yr (1/Qtr) 4.4/5

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