The SimplySAVE SBI Card is a basic rewards-based credit card from SBI Card that focuses on maximizing value for offline, everyday spending. Unlike its sibling SimplyCLICK (which targets online shoppers), SimplySAVE is tailored for physical store purchases at grocery shops, restaurants, movie theaters, and departmental stores.

• Card Network: Available on Visa, Mastercard, and RuPay platforms
• Card Type: Entry-level rewards credit card
• Annual Fee: Rs. 499 + GST (waivable on Rs. 1 lakh annual spend)
• Reward System: SBI Rewardz points (4 points = Rs. 1)
• Best For: Everyday shoppers, grocery buyers, and dining enthusiasts

The standout feature of SimplySAVE SBI Card is its 10X reward points on four everyday spending categories. You earn 10 Reward Points for every Rs. 150 spent on:

• Dining: Restaurants, cafes, and food outlets
• Movies: Cinema halls and entertainment venues
• Departmental Stores: Large retail stores and chains
• Grocery: Supermarkets and grocery stores

This translates to an effective reward rate of 1.67% on these categories, which is competitive for an entry-level card.

Base Reward Points

For all other purchases not in the accelerated categories, you earn 1 Reward Point per Rs. 150 spent, giving a base reward rate of 0.17%.

Fuel Surcharge Waiver

The card offers a 1% fuel surcharge waiver on transactions between Rs. 500 and Rs. 3,000 at any petrol pump in India. The maximum waiver is capped at Rs. 100 per statement cycle.

Contactless Payments

The SimplySAVE SBI Card supports Visa payWave contactless technology, allowing quick tap-and-pay transactions without handing over your card.

Flexipay EMI Conversion

Convert any purchase of Rs. 2,500 or more into easy monthly installments through the Flexipay feature. Simply log in to sbicard.com within 30 days of purchase to convert.

Balance Transfer

Transfer outstanding balances from other banks credit cards to your SimplySAVE SBI Card at a lower interest rate and repay in convenient EMIs.

Add-on Cards

Get up to 2 complimentary add-on cards for family members (parents, spouse, children, or siblings above 18 years) at no additional cost.

• 2,000 Bonus Reward Points (worth Rs. 500): Spend Rs. 2,000 or more within the first 60 days of card activation to earn this welcome bonus
• Rs. 100 Cashback: Get Rs. 100 cashback on your first ATM cash withdrawal within 30 days of card issuance

Annual Fee Reversal

• The annual renewal fee of Rs. 499 is reversed from the second year onwards if you spend Rs. 1 lakh or more in the previous year
• This averages to approximately Rs. 8,333 per month in spending, which is achievable for regular card users

The SimplySAVE SBI Card does not offer complimentary airport lounge access. This is an entry-level card focused on everyday rewards rather than travel perks.

If you require airport lounge access, consider upgrading to:

• SBI Card PRIME: Domestic and international lounge access
• SBI Card ELITE: Enhanced lounge access with Priority Pass

The SimplySAVE SBI Card uses the SBI Rewardz program. Here is how you earn points:

• 10X Reward Points (10 RP per Rs. 150): Dining, Movies, Departmental Stores, and Grocery purchases
• Base Rate (1 RP per Rs. 150): All other eligible purchases
• Monthly Cap: Up to 5,000 accelerated points per month; base rate continues after cap

Point Valuation

Each Reward Point is worth Rs. 0.25 (4 Reward Points = Rs. 1). This means:

• Accelerated categories: Effective reward rate of 1.67%
• Other categories: Effective reward rate of 0.17%

Excluded Transactions (No Reward Points)

• Fuel transactions at petrol pumps
• Rent payments
• Government payments
• E-wallet loading (MCC 6540/6541)
• Cash advances and balance transfers
• EMI installments and fees/charges

Redemption Options

• Statement Credit: Redeem points against your card outstanding (minimum 2,000 RPs)
• Gift Vouchers: Redeem via the SBI Card website or mobile app
• Merchandise: Browse and choose from the SBI Card rewards catalogue

Note: A redemption fee of Rs. 99 + GST applies for most redemptions. Reward points expire after 24 months if not redeemed.

Note: All fees are subject to 18% GST. Interest-free credit period ranges from 20 to 50 days, subject to full payment of previous statement balance.

• Age: 21 to 65 years (salaried individuals can apply from 18 years)
• Employment: Salaried or self-employed individuals with stable income
• Minimum Income: Rs. 20,000 per month (Rs. 2.4 lakh per annum)
• Credit Score: CIBIL score of 700 or above recommended
• Residency: Indian resident

Income Proof

• Salaried: Latest 1-2 salary slips (not older than 3 months), Form 16, last 3 months bank statements
• Self-employed: Income Tax Return (ITR) for the last 2 years, last 6 months bank statements

• PAN Card (mandatory)
• Aadhaar Card (with first 8 digits masked)
• Passport
• Voter ID Card
• Driving License
• NREGA Card

Address Proof (Any One)

• Aadhaar Card or Virtual ID
• Passport
• Voter ID Card
• Driving License
• Utility Bill (not more than 3 months old)
• Property Registration Document
• Letter from National Population Register

Income Proof

• Salaried: Latest 1-2 salary slips (not older than 3 months), Form 16, last 3 months bank statements
• Self-employed: Income Tax Return (ITR) for last 2 years, last 6 months bank statements, business proof

1. Visit the official SBI Card website at sbicard.com
2. Navigate to Credit Cards and select SimplySAVE SBI Card under the Shopping category
3. Click on Apply Now
4. Enter your personal details, professional information, and KYC details
5. Upload the required documents (ID proof, address proof, income proof)
6. Submit the application and note the Application ID for tracking

Offline Application

1. Visit your nearest SBI branch
2. Request the SimplySAVE SBI Card application form
3. Fill in all required details carefully
4. Attach self-attested copies of required documents
5. Submit the form to the branch executive

Card Activation

Once you receive the card, activate it via the SBI Card mobile app, internet banking, or by visiting the nearest SBI ATM and generating a PIN using OTP.

The SimplySAVE SBI Card is a solid entry-level credit card that delivers meaningful rewards on everyday spending categories. Its 10X reward points on dining, movies, departmental stores, and groceries make it an attractive choice for regular offline shoppers, while the affordable annual fee of Rs. 499 (easily waived on Rs. 1 lakh spend) keeps the cost of ownership low.

While it lacks premium features like airport lounge access, insurance coverage, and concierge services, the card excels at what it is designed to do: reward everyday purchases. For beginners entering the credit card space or moderate spenders looking for a straightforward rewards card, the SimplySAVE SBI Card is a reliable and practical choice.