SBI SimplySAVE credit card

SBI SimplySAVE

SBI Card · Visa

SBI SimplySAVE is designed for everyday shopping with 10X rewards on dining, movies, groceries, and departmental stores.

Annual Fee

₹499

Waived at ₹1.0L spend

Joining Fee

₹499

Base Reward Rate

1X

₹0.25/pt

Min CIBIL

650

₹2L+ income

Key Features

Entry-level card with 10X rewards on everyday spending
10X reward points on dining, movies, grocery and departmental stores
1X reward points on all other spends
Annual fee waived on ₹1 lakh spend
Zero fuel surcharge at HPCL petrol pumps
Reward points redeemable for vouchers, merchandise and more
Contactless payment enabled
Add-on cards available for family

Welcome Benefits

2,000 Bonus Reward Points on First Spend

Earn 2,000 bonus reward points on your first transaction within 60 days of card activation

Zero Annual Fee for First Year

No annual fee charged in the first year of membership

Reward Rates by Category

Dining

1X

Travel

1X

Online

1X

Shopping

10X

Grocery

10X

Fuel

1X

Utilities

1X

Other

1X

Partner Earn Rates

PartnerCategoryEarn Rate
DiningDining10X
GroceryGrocery10X
MoviesEntertainment10X
Departmental StoresRetail10X

Milestone Benefits

₹1.0 L

Annual Fee Waiver

Spend ₹1 lakh in a membership year to waive the ₹499 annual fee for the following year

Annual

Airport Lounge Access

Domestic

0 visits/year

International

0 visits/year

Insurance & Protection

Personal Accident Cover

Accidental death cover for primary cardholder

₹2 Lakhs

Zero Liability on Lost Card

Report card loss promptly for full protection

100% fraudulent charges

Pros

  • 10X rewards on dining, movies, groceries
  • Fuel surcharge waiver
  • Low annual fee
  • Good for grocery shoppers
  • Movie ticket offers

Cons

  • No lounge access
  • Low base reward rate
  • 10X limited to specific categories

Redemption Options

Shopping vouchers

Standard0.25/pt

Statement credit

Low0.2/pt

Frequently Asked Questions

What earn rate on everyday spends?+
10X reward points on dining, movies, grocery and departmental stores. 1X on all other spends.
How to redeem reward points?+
Via SBI Card online portal — for gift vouchers, merchandise, air miles or statement credit. 1 point = ₹0.25 approx.
Annual fee?+
₹499. Waived on ₹1 lakh annual spend — easy to achieve.
Good as a first card?+
Yes — low fee, easy waiver and 10X on the most common daily categories (food, movies, grocery) makes it ideal for first-time cardholders.
Fuel benefit?+
Zero surcharge at HPCL petrol stations.

Ready to apply?

Apply on the SBI Card website. Usually takes 10 minutes.

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SBI SimplySAVE

₹499/yr · 1X rewards