← Part of SBI Credit Cards in India
The SimplySAVE SBI Card, an entry-level credit card, offers 10X reward points on daily s like dining, movies, departmental stores, and groceries. As of 2026, IT carries an annual fee of ₹499, which can be waived if you spend ₹1 lakh in the preceding year.
| Parameter | Details |
|---|---|
| Card Type | Entry-level rewards credit card |
| Annual Fee | ₹499 + taxes |
| Annual Fee Waiver Condition | Spend ₹1 lakh in the previous year |
| Joining Fee | ₹499 |
| Welcome Bonus | 2,000 bonus reward points on spending ₹2,000 within 60 days |
| Accelerated Reward Points | 10X reward points (10 points per ₹150) on Dining, Movies, Departmental Stores & Grocery Spends |
| Standard Reward Points | 1 reward point per ₹150 spent on all other categories |
| Reward Point Value | ₹0.25 per point |
| Fuel Surcharge Waiver | 1% (up to ₹100 per statement cycle) on transactions between ₹500 to ₹3,000 at any petrol pump in India |
| Monthly Interest on Unpaid Balances | 3.5% (approx. 40.2% p.a. As of 2026) |
| Cash Advance Charges | 2.5% of the advanced amount, minimum ₹500 |
| Foreign Transaction Fee | 3.5% + applicable GST |
| Reward Redemption Fee | ₹99 |
| Minimum Age for Applicant | 21 years |
| Maximum Age for Applicant | 70 years |
| Residency Requirement | Indian residents |
| Minimum Monthly Income (Indicative) | ₹20,000 (for SBI SimplySAVE Rupay Unsecured Credit Card) |
| Credit Score Requirement | Good credit score |
| Worldwide Acceptance | 24 million+ outlets globally |
| Acceptance in India | 3,25,000+ outlets in India |
| Cash Withdrawal ATMs Worldwide | 1 million+ ATMs |
This card is positioned as a strong option for individuals seeking to maximize savings on everyday spending categories with a manageable annual fee.
SimplySAVE SBI Card: Features & Benefits
The SimplySAVE SBI Card offers 10X Reward Points on everyday spends like dining, movies, departmental stores, and groceries, making IT ideal for regular shoppers. Cardholders also receive a 1% fuel surcharge waiver, capped at ₹100 per statement cycle, for transactions between ₹500 and ₹3,000.
| Feature | Details | Key Benefit |
|---|---|---|
| Welcome Bonus | 2,000 bonus Reward Points on spending ₹2,000 or more within the first 60 days of card receipt. | Instant value back on initial spends. |
| Accelerated Reward Points (Dining, Groceries, Movies, Departmental Stores) | 10 Reward Points for every ₹150 spent on Dining, Movies, Departmental Stores & Grocery Spends. | High reward rate on everyday spending categories. |
| Standard Reward Points | 1 Reward Point for every ₹150 spent on all other categories. | Earn rewards on all purchases, not just specific categories. |
| Fuel Surcharge Waiver | 1% fuel surcharge waiver at any petrol pump in India for transactions between ₹500 to ₹3,000. Maximum waiver of ₹100 per statement cycle. | Savings on fuel expenses. |
| Annual Fee Waiver | Annual fee of ₹499 can be reversed on spending ₹1 lakh or more in the previous year. | Potential to waive off the annual fee with sufficient usage. |
| Global Acceptance | Accepted at over 24 million outlets globally, including 3,25,000 outlets in India (Visa/MasterCard network). | Wide usability for both domestic and international transactions. |
| Contactless Payments | Offers contactless payment facilities for fast and secure payments. | Convenient and quick transactions. |
| EMI Conversion | Option to convert major transactions into easy EMI options. | Flexibility in managing large expenses. |
| Add-on Cards | Option to apply for complimentary Add-On cards for family members (parents, spouse, children, siblings). | Extend card benefits to family members. |
| Mobile App & SMS Services | Track expiry dates of points on monthly statements or via SBI Card mobile app. Get account details via SMS. | Easy management and tracking of card activities and rewards. |
| Cashback on First ATM Withdrawal | ₹100 cashback on the first ATM withdrawal made within 30 days of card receipt. | Immediate cash benefit for new cardholders. |
| Worldwide ATM Access | Withdraw cash from over 1 million ATMs worldwide. | Access to funds globally. |
The SimplySAVE SBI Card provides a strong value proposition for users focused on maximizing rewards from their daily spending categories, coupled with practical benefits like fuel savings and fee waivers.
SimplySAVE SBI Card: Fees & Charges 2026
The SimplySAVE SBI Card carries an annual fee of ₹499, which can be waived if cardholders spend ₹1 lakh or more in the preceding year. Other charges include a 3.5% monthly interest on unpaid balances and a 2.5% cash advance fee (minimum ₹500).
| Metric | Value (Rs.) | Source |
|---|---|---|
| Joining Fee | 499 + applicable taxes | SBI Card official website (as of June 2026) |
| Annual Fee | 499 + applicable taxes | SBI Card official website (as of June 2026) |
| Annual Fee Waiver Condition | Spend ₹1 lakh in a year | SBI Card official website (as of June 2026) |
| Interest on Unpaid Balances (Monthly) | 3.5% | SBI Card official website (as of June 2026) |
| Cash Advance Charges | 2.5% of advanced amount (minimum ₹500) | SBI Card official website (as of June 2026) |
| Foreign Currency Markup Fee | 3.5% + applicable GST | SBI Card official website (as of June 2026) |
| Reward Redemption Fee | 99 | SBI Card official website (as of June 2026) |
| Add-on Card Fee | 0 | SBI Card official website (as of June 2026) |
| Fuel Surcharge Waiver | 1% (up to ₹100 per statement cycle) | SBI Card official website (as of June 2026) |
| Fuel Surcharge Waiver Condition | Transactions between ₹500 and ₹3,000 | SBI Card official website (as of June 2026) |
| Railway Ticket Booking Fee (IRCTC counters) | ₹30 + 2.5% of transaction amount | Karnataka Bank SimplySAVE SBI Card (as of June 2026) |
| Late Payment Charges (for outstanding amount) | Ranges from ₹0 to ₹1,300 (per SBI Card policy) | SBI Card official website (as of June 2026) |
| Card Replacement Fee | ₹100 | SBI Card official website (as of June 2026) |
| Cheque Bounce Fee | ₹500 | SBI Card official website (as of June 2026) |
| Overlimit Fee | 2.5% of overlimit amount (minimum ₹500) | SBI Card official website (as of June 2026) |
These charges are standard for entry-level credit cards in India, with the annual fee waiver being a significant benefit for regular users.
SimplySAVE SBI Card: Reward Points
The SimplySAVE SBI Card offers 10X reward points on specific everyday spending categories, making IT suitable for frequent shoppers. Each reward point holds a value of ₹0.25, which can be redeemed for various benefits.
As of 2026, the reward structure focuses on maximizing savings on common expenses:
- Welcome Bonus: Earn 2,000 bonus reward points, equivalent to ₹500, on spending ₹2,000 within the first 60 days of card issuance.
- Accelerated Rewards: Get 10 reward points for every ₹150 spent on dining, movies, departmental stores, and groceries.
- Standard Rewards: All other retail spends earn 1 reward point for every ₹150 spent.
- Reward Point Value: Each reward point is valued at ₹0.25, providing a clear redemption rate.
- Redemption Options: Reward points can be redeemed against various options, including select brand vouchers.
- Fuel Surcharge Waiver: Receive a 1% fuel surcharge waiver on transactions between ₹500 and ₹3,000 at any petrol pump in India, capped at ₹100 per statement cycle.
- Annual Fee Waiver: The annual fee of ₹499 is waived if your total spending in the previous year reaches ₹1 lakh.
The SimplySAVE SBI Card provides a straightforward reward program designed to offer value on routine purchases, with clear benefits for consistent usage.
SimplySAVE SBI Card: Eligibility
To apply for the SimplySAVE SBI Card in 2026, applicants must be Indian residents between 21 and 70 years old. A stable income source and a good credit score are for approval.
- Age Criteria: Applicants must be at least 21 years old and not exceed 70 years of age.
- Residency Status: The card is exclusively available to Indian residents.
- Income Requirement: A stable income is mandatory, with some sources indicating a minimum salary of ₹6 lakh per annum for certain card variants.
- Credit Score: A good credit score, typically a CIBIL score of 750 or higher, significantly improves approval chances.
- Employment Type: Both salaried employees and self-employed professionals are eligible to apply.
- Required Documents: Key documents include proof of address (e.g., Aadhaar card, Passport, Utility Bill not more than 3 months old) and proof of income (e.g., latest salary slips, Form 16, bank statements).
- Internal Approval: All applications are subject to SBI Card’s internal approval criteria, which may include additional checks.
Meeting these criteria helps ensure a smoother application process for the SimplySAVE SBI Card.
SimplySAVE vs SimplySAVE RuPay
The SimplySAVE SBI Card is available on both Visa/MasterCard and RuPay networks, offering similar core benefits. The key difference lies in UPI integration, which is exclusive to the RuPay variant as of 2026.
Both cards carry an annual fee of ₹499 + taxes, waived on spending ₹1 lakh in a year. The RuPay version allows UPI transactions, making the annual fee waiver easier to achieve through everyday digital spends.
| Feature | SimplySAVE SBI Card (Visa/MasterCard) | SimplySAVE RuPay Card |
|---|---|---|
| Card Network | Visa/MasterCard | RuPay |
| UPI Integration | No | Yes (for UPI-based credit transactions in India) |
| Annual Fee (2026) | ₹499 + taxes | ₹499 + taxes |
| Annual Fee Waiver Condition | Spend ₹1 lakh in a year | Spend ₹1 lakh in a year (achievable via UPI spends) |
| Reward Points on Dining, Groceries, Movies | 10 Reward Points per ₹150 spent | 10 Reward Points per ₹150 spent (can be earned via UPI) |
| Reward Points on Other Spends | 1 Reward Point per ₹150 spent | 1 Reward Point per ₹150 spent |
| Welcome Bonus | 2,000 bonus points on ₹2,000 spend in 60 days | 2,000 bonus points on ₹2,000 spend in 60 days |
| Fuel Surcharge Waiver | 1% (up to ₹100/cycle, on ₹500-₹3,000 transactions) | 1% (up to ₹100/cycle, on ₹500-₹3,000 transactions) |
| Global Acceptance | Over 24 million outlets globally, 3,25,000+ in India | Over 24 million outlets globally, 3,25,000+ in India |
| Minimum Monthly Income for Eligibility | ₹20,000 (as of 2026) | ₹20,000 (as of 2026) |
While both cards offer identical reward structures and fee waivers, the SimplySAVE RuPay Card provides the added convenience of UPI integration, a significant advantage for digital transactions in India.
SimplySAVE SBI Card: Application Process
Applying for the SimplySAVE SBI Card in 2026 involves a straightforward online process, subject to SBI Card’s internal approval criteria. Indian residents aged 21 to 70 with a stable income and a good credit score are generally eligible.
- Check Eligibility: Confirm you meet the age criteria (21-70 years), are an Indian resident, and have a stable income. A minimum monthly income of ₹20,000 is typically required for the SBI SimplySAVE Rupay Unsecured Credit Card.
- Prepare Documents: Gather necessary proofs of address and income. Acceptable address proofs include Aadhaar card, Passport, or a utility bill not older than 3 months. Income proofs include your latest one or two salary slips (not more than 3 months old), latest Form 16, or the last 3 months’ bank statement.
- Online Application: Visit the official SBI Card website and to the “E-Apply” page for credit cards. Select the SimplySAVE SBI Card and fill out the online application form accurately.
- Verification Process: After submitting your application, an SBI Card team member may contact you for verification. This step confirms the details provided in your application and may involve a physical document collection.
- Approval and Dispatch: Upon successful verification and approval, your SimplySAVE SBI Card will be dispatched to your registered address. The card is accepted at over 3,25,000 outlets in India and 24 million+ outlets globally.
Ensure all documents are ready and accurate to expedite your SimplySAVE SBI Card application process.
Key Takeaways
- The SimplySAVE SBI Card application requires applicants to be Indian residents aged 21-70 with a stable income.
- A minimum monthly income of ₹20,000 is generally expected for the SimplySAVE Rupay Unsecured variant.
- Required documents include Aadhaar/Passport for address proof and recent salary slips/bank statements for income verification.
Check your eligibility and apply for the SimplySAVE SBI Card directly on the official SBI Card website.
Frequently Asked Questions (FAQs)
Will the SBI SimplySAVE Credit Card be accepted outside India?
Yes, the SBI SimplySAVE Credit Card is accepted internationally at merchant outlets that support Visa or Mastercard networks. This allows you to use the card for transactions when traveling abroad. Always check for any applicable foreign transaction fees before using IT internationally.
What is the annual fee for the SBI SimplySAVE Credit Card in 2026?
The SBI SimplySAVE Credit Card has an annual fee of ₹499 as of 2026. This fee can be waived if your total spending on the card reaches ₹1 lakh or more in the preceding year. This waiver condition makes IT an attractive option for regular users.
What are the key reward benefits of the SBI SimplySAVE Credit Card?
The SBI SimplySAVE Credit Card offers 10X reward points on everyday spends like groceries, dining, and movies. For every ₹100 spent in these categories, you earn 10 reward points, while other spends earn 1 reward point per ₹100. Each reward point is valued at ₹0.25.
Does the SBI SimplySAVE Credit Card offer a fuel surcharge waiver?
Yes, the SBI SimplySAVE Credit Card provides a 1% fuel surcharge waiver on transactions between ₹500 and ₹3,000 at any petrol pump across India. You can avail a maximum waiver of ₹100 per statement cycle. This benefit helps save on fuel expenses.
What is the welcome bonus for the SBI SimplySAVE Credit Card?
The SBI SimplySAVE Credit Card offers a welcome bonus of 2,000 reward points upon spending ₹2,000 within the first 60 days of card issuance. These bonus points are equivalent to ₹500, providing an initial boost to your rewards. This makes IT an appealing entry-level card.
Can I link my SBI SimplySAVE Credit Card to UPI apps?
No, the standard SBI SimplySAVE Credit Card does not support direct UPI integration as of 2026. If you wish to link a credit card to UPI apps for transactions, consider an SBI RuPay credit card, as RuPay cards currently allow UPI-based credit transactions in India. This is a key distinction for digital payments.
How can I redeem reward points earned with the SBI SimplySAVE Credit Card?
You can redeem your SBI SimplySAVE Credit Card reward points for a variety of options, including e-vouchers from select brands, merchandise, or converting them into statement credit. The redemption process can typically be managed through the SBI Card website or mobile app. Check your monthly statement for point expiry dates.
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.