← All credit cards

Everyday rewards

SBI SimplySAVE Credit Card

A low-fee card for daily spends: 10X points on dining, movies, groceries and department stores.

Network: Visa and RuPay · Last checked 22 Oct 2026 · We may earn a commission

Joining fee₹499 + GST
Annual fee₹499 + GST
Fee waiverOn ₹1 lakh spend a year
Top reward10X on dining, movies, groceries
LoungeNone
Forex markup3.5%
Best for: Families whose main spends are groceries, eating out and movies.

Rewards and cashback

Where you spendYou earnLimit
Dining, movies, groceries, department stores10 points per ₹150 (about 1.67%)5,000 points a month
Other spends1 point per ₹150–
Fuel, rent, government, EMI, cashNothing–
  • 1 point = ₹0.25, redeemed through SBI Card.

Benefits

Welcome benefit

  • 2,000 points (₹500) on spending ₹2,000 within 60 days.

Milestones

  • Annual fee waived on ₹1 lakh spend.

Travel and lounges

  • No lounge access.

Fuel and forex

  • 1% fuel surcharge waiver on ₹500 to ₹3,000.
  • Forex markup 3.5%.

Other perks

  • RuPay version can be linked to UPI

Fees and charges

Joining fee₹499 + GST (₹589)
Annual fee₹499 + GST, waived on ₹1 lakh yearly spend
Interest3.75% a month
Forex markup3.5%

GST at 18% applies on fees. Banks change charges from time to time; the bank’s own terms are final.

Who can apply

  • Salaried or self-employed; SBI Card decides income case by case

You will usually need PAN, Aadhaar or address proof, and income proof (salary slips or ITR). A credit score of 750 or more improves your chances.

Pros and cons

What we like

  • Rewards on offline groceries and dining
  • Easy fee waiver
  • Welcome points cover the fee

Watch out for

  • Low point value
  • Other spends earn very little
  • No travel benefits

Frequently asked questions

Is SBI SimplySAVE free?

No, ₹499 + GST a year, waived on ₹1 lakh spend.

Ready to apply for the SBI SimplySAVE Credit Card?Applying takes about 10 minutes online. Approval depends on the bank.
Apply now

Similar cards

Compare two cards side by side →

Sources: CardAdvisor review. Details checked on 22 Oct 2026. For information only, not financial advice; always read the bank’s most important terms (MITC) before applying.