← Part of SBI Credit Cards in India
The SBI SimplySAVE Credit Card, launched in March 2018, is a popular entry-level card in India, offering 10X reward points on everyday spends like groceries and dining. As of February 2026, SBI Cards is the second-largest card issuer in India, with over 2.19 crore credit cards in circulation. This card is accepted at over 24 million locations globally and 3.25 lakh outlets in India.
| Parameter | Details |
|---|---|
| Card Name | SBI SimplySAVE Credit Card |
| Issuer | SBI Cards and Payment Services Limited |
| Card Type | Entry-level rewards credit card |
| Joining Fee | ₹499 + GST |
| Annual Fee | ₹499 + GST (from second year) |
| Annual Fee Waiver | On spending ₹1 lakh or more in the previous year |
| Welcome Benefit | 2,000 bonus Reward Points (worth ₹500) on spending ₹2,000 within the first 60 days |
| Reward Points Earning | 10X Reward Points on Movies, Dining, Departmental Stores & Grocery Spends; 1 Reward Point per ₹150 on all other spends |
| Reward Point Value | 1 Reward Point = ₹0.25 |
| Fuel Surcharge Waiver | 1% (up to ₹100 per statement cycle) on transactions between ₹500 and ₹3,000 at any petrol pump in India |
| Eligibility (Age) | 21 to 70 years |
| Eligibility (Nationality) | Indian Citizen |
| Eligibility (Income) | Stable income, typically ₹20,000 per month for unsecured variants |
| Eligibility (Credit Score) | Good CIBIL/Experian score required |
| Global Acceptance | Over 24 million locations worldwide |
| Domestic Acceptance | Over 3,25,000 locations in India |
| Cash Withdrawal | More than 1 million ATMs worldwide |
| EMI Conversion | Convert purchases above ₹2,500 into easy monthly instalments within 30 days |
| Balance Transfer | Transfer outstanding credit card dues from other banks at a lower interest rate (e.g., 1.7% p.m. For up to 180 days) |
| Add-on Card | Complimentary add-on cards for family members above 18 years |
| UPI Integration | Not supported (consider SBI RuPay credit card for UPI integration as of 2026) |
| Airport Lounge Access | Not offered (domestic or international) |
| Reward Point Exclusions | No reward points on fuel, rent payment, wallet reload, government transactions, and cash advances |
| Late Payment Charges (w.e.f. 1 May 2026) | ₹100 for outstanding amount ₹100-500; ₹500 for outstanding amount ₹500-1,000 |
The SBI SimplySAVE Credit Card is designed for individuals seeking an affordable card with strong rewards on daily spending, making IT a practical choice for managing household expenses.
SimplySAVE Card: Features & Benefits
The SBI SimplySAVE Credit Card offers 10X reward points on everyday spending categories like dining, groceries, and movies, making IT suitable for daily use. Cardholders also receive 2,000 bonus reward points on spending ₹2,000 within the first 60 days, equivalent to ₹500.
| Type/Category | Details | Key Feature |
|---|---|---|
| Welcome Benefit | 2,000 bonus Reward Points on spending ₹2,000 or more within the first 60 days of card issuance. | Bonus Reward Points |
| Welcome Benefit | ₹100 cashback on your first ATM cash withdrawal within 30 days of receiving the SimplySAVE SBI Card. | Cashback on ATM Withdrawal |
| Reward Points (Accelerated) | 10 Reward Points per ₹150 spent on Movies, Dining, Departmental Stores & Grocery Spends. | Accelerated Rewards on Daily Spends |
| Reward Points (Standard) | 1 Reward Point per ₹150 spent on all other retail spends. | Standard Rewards on All Other Spends |
| Fuel Surcharge Waiver | 1% fuel surcharge waiver (up to ₹100 per statement cycle) at any petrol pump in India on transactions between ₹500 and ₹3,000. | Fuel Savings |
| Annual Fee Waiver | Annual fee waiver on spending ₹1 lakh or more in the previous year. | Fee Reversal |
| Global Acceptance | Accepted at over 24 million outlets worldwide, including 3,25,000+ outlets in India. | Wide Acceptance |
| EMI Conversion | Option to convert major transactions above ₹2,500 into easy EMI options (Flexipay) within 30 days. | Flexible Payment Options |
| Add-on Card | Option to opt for a complimentary add-on card for family members above 18 years of age. | Family Benefits |
| Contactless Payments | Supports contactless payment facilities for fast and secure transactions. | Convenient Payments |
| Balance Transfer | Transfer outstanding credit card dues from other banks at a lower interest rate (e.g., 1.7% per month for up to 180 days) and repay through EMIs. | Debt Consolidation |
| Cash Withdrawal | Withdraw cash from more than 1 million ATMs worldwide. | Emergency Cash Access |
| Card Type | Entry-level credit card designed for everyday spending. | Accessible Credit |
| UPI Integration (SimplySAVE Rupay) | The SimplySAVE UPI SBI card variant can be linked to any UPI app for UPI payments (as of 2026). | Digital Payment Convenience |
| No Airport Lounge Access | The card does not offer complimentary airport lounge access (domestic or international). | Specific Exclusion |
The card’s broad acceptance and reward structure make IT a practical choice for individuals seeking benefits on routine expenditures.
SimplySAVE Card: Fees & Charges 2026
The SBI SimplySAVE Credit Card carries an annual fee of ₹499 plus applicable taxes, which can be waived if annual spending exceeds ₹1 lakh. As of May 2026, late payment charges range from ₹100 for outstanding amounts up to ₹500, increasing for higher balances.
| Metric | Value (₹) | Source |
|---|---|---|
| Joining Fee | 499 + GST | SBI Card official website (as of 2026) |
| Annual Fee | 499 + taxes | SBI Card official website (as of 2026) |
| Renewal Fee | 499 + taxes | SBI Card official website (as of 2026) |
| Annual/Renewal Fee Waiver Condition | Spend ₹1,00,000 or more in the previous year | SBI Card official website (as of 2026) |
| Fuel Surcharge Waiver | 1% | SBI Card official website (as of 2026) |
| Fuel Surcharge Waiver Transaction Range | ₹500 to ₹3,000 | SBI Card official website (as of 2026) |
| Maximum Fuel Surcharge Waiver per Statement Cycle | 100 | SBI Card official website (as of 2026) |
| Finance Charges (Monthly) | Up to 3.50% p.m. | SBI Card official website (as of 2026) |
| Finance Charges (Annually) | 42% | SBI Card official website (as of 2026) |
| Late Payment Charges (Outstanding > ₹100 up to ₹500) | 100 | SBI Card official website (w.e.f. 1 May 2026) |
| Late Payment Charges (Outstanding > ₹500 up to ₹1,000) | 500 | SBI Card official website (w.e.f. 1 May 2026) |
| Balance Transfer on EMI Processing Fee | 0.75% to 1.00% of booking amount | SBI Card official website (w.e.f. 25 June 2026) |
The card’s fee structure is designed to reward consistent usage, offering a waiver on the annual renewal charge for cardholders who meet the specified spending threshold.
SimplySAVE Card: Eligibility & Application
The SBI SimplySAVE Credit Card is available to Indian residents aged 21 to 70 years, requiring a stable income source and a good credit score. For the SBI SimplySAVE Rupay Unsecured Credit Card, a minimum monthly income of ₹20,000 is typically expected.
Applying for the SimplySAVE Card involves a straightforward process, requiring standard KYC documents and income proof.
- Age Criteria: Applicants must be between 21 and 70 years old to be eligible for the card.
- Nationality: Only Indian citizens are eligible to apply for the SBI SimplySAVE Credit Card.
- Income Stability: A regular and stable source of income is a key requirement for approval.
- Minimum Income (Unsecured Card): For the SBI SimplySAVE Rupay Unsecured Credit Card, a minimum monthly income of ₹20,000 is generally required.
- Credit Score: A good credit score, typically above 700, significantly improves the chances of approval.
- Required Documents: Applicants need to provide identity proof (e.g., Aadhaar, PAN), address proof, and income proof (salary slips, bank statements, ITR).
- Application Channels: Applications can be submitted online via the SBI Card website or offline at SBI Card branches.
- Application Tracking: After submission, applicants can track their application status on the SBI Card official website using their reference number.
Meeting these eligibility criteria and providing accurate documentation helps ensure a smooth application process for the SBI SimplySAVE Credit Card.
SimplySAVE Card: Reward Points & Redemption
The SBI SimplySAVE Credit Card offers 10X reward points on everyday spending categories like groceries, dining, and movies. Cardholders receive 1 reward point for every ₹150 spent on all other retail purchases. These points can be redeemed for various gifts or to pay off the credit card balance.
- Welcome Bonus: New cardholders receive 2,000 bonus reward points, equivalent to ₹500, upon spending ₹2,000 or more within the first 60 days of card issuance.
- Accelerated Rewards: Earn 10X reward points on spends at dining establishments, grocery stores, departmental stores, and movie tickets. This benefit helps maximize savings on common expenses.
- Standard Rewards: For all other retail spends, the card accrues 1 reward point for every ₹150 spent. This applies to most transactions outside the accelerated categories.
- Fuel Surcharge Waiver: A 1% fuel surcharge waiver is available on transactions between ₹500 and ₹3,000 at any petrol pump across India. The maximum waiver is capped at ₹100 per statement cycle.
- Redemption Options: Accumulated reward points can be redeemed to offset the credit card outstanding balance or exchanged for a selection of gifts and vouchers available through the SBI Card portal.
- No UPI Integration: As of 2026, the SBI SimplySAVE Card does not directly support UPI integration for credit card transactions. For UPI-linked credit card payments, consider an SBI RuPay credit card.
- Reward Point Exclusions: Reward points are not accrued on fuel transactions, rent payments, wallet reloads, government transactions, and cash advances.
Tracking reward points and their expiry dates is possible via monthly credit card statements or the SBI Card mobile application.
SimplySAVE vs SimplyCLICK vs Cashback Card
SBI Card offers a range of credit cards tailored for different spending habits, with SimplySAVE, SimplyCLICK, and Cashback cards being popular choices. As of 2026, the SimplySAVE Card focuses on everyday offline spends, while SimplyCLICK targets online shopping, and the Cashback Card provides direct cashback benefits.
| Feature | SimplySAVE Card | SimplyCLICK Card | Cashback Card |
|---|---|---|---|
| Primary Focus | Offline spending (groceries, dining, movies) | Online spending (e-commerce, utility bills) | Cashback on almost every transaction |
| Reward Points / Cashback | 10X rewards on movies, dining, groceries, departmental stores; 1 reward point per ₹150 on other spends | Higher value-back on online transactions, 10X rewards with select online brands (e.g., BookMyShow, Myntra, Cleartrip) | Up to 5% cashback on online spends, 1% cashback on offline spends and utility bill payments |
| Annual Fee | ₹499 + GST | ₹499 + GST | ₹999 |
| Annual Fee Waiver | Spend ₹1 lakh or more in the previous year | Spend ₹1 lakh or more in the previous year (first four years) | Spend ₹2 lakh or more in the previous year |
| Fuel Surcharge Waiver | 1% (up to ₹100 per statement cycle) on transactions between ₹500-3,000 | 1% (generally applicable on SBI cards) | 1% |
| Welcome Benefit | 2,000 bonus Reward Points on spending ₹2,000 in first 60 days | e-Voucher worth ₹500 from Amazon on joining | Not explicitly mentioned in comparison |
| UPI Integration | Not supported (as of 2026, consider SBI RuPay credit card for UPI) | Not supported | Not supported |
| Airport Lounge Access | No complimentary access | No complimentary access | No complimentary access |
The choice among these SBI credit cards depends on individual spending patterns, with SimplySAVE suiting daily s, SimplyCLICK for digital purchases, and the Cashback Card for broad cashback across categories.
SimplySAVE Card: Common Misconceptions
The SBI SimplySAVE Credit Card is an entry-level card, often misunderstood regarding its benefits and limitations. Many users incorrectly assume IT offers premium features like airport lounge access or direct UPI integration.
Understanding these common misconceptions helps cardholders maximize its utility for everyday spending categories like groceries and dining.
- Misconception 1: Offers Airport Lounge Access. The SBI SimplySAVE Credit Card, including its RuPay Unsecured variant, does not provide complimentary airport lounge access. Cardholders must pay for lounge services if they wish to use them.
- Misconception 2: Supports Direct UPI Integration. As of 2026, the standard SBI SimplySAVE Credit Card does not support direct UPI integration. For UPI-linked credit card transactions, users should consider an SBI RuPay credit card.
- Misconception 3: High Annual Fee with No Waiver. The card has an annual fee of ₹499, but this charge is waived from the second year if annual spends exceed ₹1 lakh in the previous year. This makes IT a cost-effective option for regular users.
- Misconception 4: Rewards on All Spends are Equal. While the card offers 1 Reward Point per ₹150 spent on most categories, IT provides 10X Reward Points on specific everyday spends like dining, movies, groceries, and departmental stores.
- Misconception 5: Fuel Surcharge Waiver is Unlimited. The SimplySAVE Card offers a 1% fuel surcharge waiver on transactions between ₹500 and ₹3,000 at any petrol pump in India. However, this waiver is capped at ₹100 per statement cycle.
Clarifying these points ensures cardholders have accurate expectations and can use the card’s strengths for their spending habits.
SimplySAVE Card: Important Updates 2026
Several important updates for SBI SimplySAVE Credit Card users are effective in 2026, impacting fees and reward programs. These changes ensure cardholders stay informed about their benefits and charges.
- Late Payment Charges for outstanding amounts greater than ₹100 up to ₹500 will be ₹100, effective May 1, 2026.
- The Reward Points Program for PhonePe SBI Credit Card PURPLE and SELECT BLACK variants will see revisions from July 1, 2026.
- Annual Fee reversal criteria for the BPCL SBI Credit Card will be revised, effective May 1, 2026.
- Interest rates for Balance Transfer on EMI (BT on EMI) will be revised from June 25, 2026.
- Flexipay interest rates will also be revised, effective June 15, 2026.
- A processing fee waiver offer for Flexipay with 24 and 36-month tenures is available between June 15, 2026, and July 14, 2026.
These updates help cardholders manage their finances effectively and understand the latest terms for their SBI SimplySAVE Credit Card.
Key Takeaways
- Specific late payment charges of ₹100 for outstanding amounts between ₹100 and ₹500 are effective May 1, 2026.
- Reward point programs for PhonePe SBI Credit Card variants will be revised from July 1, 2026.
- Interest rates for BT on EMI and Flexipay will change in June 2026, with a Flexipay processing fee waiver available for a limited period.
Review the official SBI Card website for detailed terms and conditions regarding these updates and to check your eligibility for new offers.
Frequently Asked Questions (FAQs)
What are the main benefits of the SBI SimplySAVE Credit Card in 2026?
The SBI SimplySAVE Credit Card offers 10X reward points on everyday spending categories like groceries, dining, and movies. Cardholders also receive a fuel surcharge waiver for transactions between ₹500 and ₹3,000, capped at ₹100 per statement cycle. An annual fee waiver is available if you spend ₹1 lakh or more in the preceding year.
Does the SBI SimplySAVE Credit Card offer a welcome bonus?
Yes, the SBI SimplySAVE Credit Card provides a welcome bonus of 2,000 reward points. This bonus is credited upon spending ₹2,000 within the first 60 days of card issuance. These points can be redeemed for various vouchers.
Can I use the SBI SimplySAVE Credit Card for UPI payments in 2026?
No, the SBI SimplySAVE Credit Card does not support direct UPI integration as of 2026. For UPI-based credit transactions, consider an SBI RuPay credit card, as RuPay cards currently allow this functionality in India. This card is primarily for swipe and online transactions.
What is the eligibility criteria for the SBI SimplySAVE Credit Card?
Indian residents aged 21 to 70 years are eligible to apply for the SBI SimplySAVE Credit Card. Applicants must have a stable income source and a good credit score, subject to SBI Card’s internal approval criteria. Specific income thresholds are determined by the bank.
How can I track my SBI SimplySAVE Credit Card application status?
You can track your SBI SimplySAVE Credit Card application status on the official SBI Card website. You will need to enter your application reference number to check the current status. The SBI Card mobile app also provides this functionality.
Are there any fuel surcharge waivers with the SBI SimplySAVE Credit Card?
Yes, the SBI SimplySAVE Credit Card offers a 1% fuel surcharge waiver on transactions ranging from ₹500 to ₹3,000 at any petrol pump in India. This waiver is capped at a maximum of ₹100 per statement cycle. This benefit helps save on daily fuel expenses.
Can the SBI SimplySAVE Credit Card be used outside India?
Yes, the SBI SimplySAVE Credit Card is accepted widely at merchant outlets internationally, in addition to over 3,25,000 outlets across India. You can also withdraw cash from more than 1 million ATMs worldwide using this card. Standard international transaction fees may apply.
Disclaimer: This article is general information, not financial advice. Interest rates, fees, and eligibility change frequently. Verify current details with the lender or regulator (RBI / SEBI / IRDAI) before deciding.