Introduction
Not everyone is looking for luxury perks or travel privileges in a credit card. For many, the real value comes from saving money on everyday purchases like groceries, dining, movies, and fuel. That’s where the SBI Simply SAVE Credit Card shines.
It’s a budget-friendly card with a low annual fee, designed to give you extra rewards on daily spending categories. In this post, we’ll go through the features, benefits, charges, and eligibility to help you decide if Simply SAVE is the right card for you.
Key Features of SBI Simply SAVE Credit Card
Annual Fee: ₹499 + GST (waived on annual spends of ₹1,00,000)
Welcome Benefit: 2,000 bonus reward points on first spend of ₹2,000 within 60 days
Reward Points:
10X rewards on dining, movies, groceries, and departmental stores
1 reward point per ₹100 spent on other categories
Fuel Surcharge Waiver: 1% waiver across all petrol pumps in India (valid for transactions between ₹500 – ₹3,000)
Annual Spend Bonus: Get the annual fee reversed on spends above ₹1,00,000
Why Choose SBI Simply SAVE Credit Card?
Great for Everyday Use – Extra rewards on food, groceries, and entertainment make it practical for daily life.
Affordable Annual Fee – At just ₹499, it’s one of the most cost-effective cards in SBI’s lineup.
Quick Welcome Bonus – Easy to earn 2,000 bonus points with just one purchase of ₹2,000.
Fuel Savings – Waives surcharge on petrol transactions, useful for car or bike owners.
Fees & Charges
| Particulars | Charges |
|---|---|
| Joining/Annual Fee | ₹499 (waived on ₹1,00,000 annual spend) |
| Finance Charges | Up to 3.50% per month |
| Cash Advance Fees | 2.5% (min ₹500) |
| Late Payment Fees | ₹400 – ₹1,300 (based on outstanding balance) |
Eligibility Criteria
Applicant must be at least 21 years old
Indian resident with valid KYC documents
Stable income (salaried or self-employed)
Good credit history (preferably 700+ CIBIL score)
How to Apply for SBI Simply SAVE Credit Card Online
Visit the official SBI Card website.
Search for SBI Simply SAVE Credit Card.
Click on Apply Now and fill in your details.
Upload your documents (ID proof, address proof, income proof).
Complete verification and wait for approval.
Once approved, the card is delivered within a few working days.
Pros & Cons
✅ Pros
Affordable annual fee
Great rewards on daily essentials
Easy-to-earn welcome bonus
Fuel surcharge waiver
❌ Cons
No travel or premium lifestyle perks
Lower reward rate on non-partner categories
Best suited only for basic spenders
Final Verdict
The SBI Simple SAVE Credit Card is an excellent choice for beginners and families who want to maximize rewards on daily essentials like groceries, dining, and movies. With its low annual fee, easy bonus rewards, and fuel surcharge waiver, it delivers real savings without burning a hole in your pocket.
👉 If you want a starter credit card that saves you money on everyday purchases, SBI Simply SAVE is one of the best options in 2025.