By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
WhatsApp
  • About Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
  • Contact Us
Support Us
NEWS
Loan Information in Details USA
EVENTS
  • Home
  • Loan
    • Home Loan
    • Business Loan
    • Education Loan
    • Property Loan
    • Bank Loan
    • Personal Loan
    • Car Loan
    • Gold Loan
    • Bike Loan
    • EMI Loan
  • Insurance
    • Life Insurance
    • Car Insurance
    • Health Insurance
    • Family Insurance
  • Account
    • Current Account
    • Saving Account
  • Payment Bank
    • Aadhar
    • BHIM App
    • Paytm
    • PhonePe
    • UPI
    • Bill Pay
    • Google Pay
    • MobiKwik
  • Credit Card
  • How to get
  • How to use
  • More
    • FAQs
    • News
    • Share Market NEWS
    • Loan Rates
    • Offers
    • GST
    • Review
    • Registration
    • NPS
Latest
Virat Kohli, Anushka Sharma Groove On Punjabi Song ‘Elevated By Shubh’ at the gym
Personal Loan FAQ’s
Personal loan upto ₹ 25,00,000 by ICICI Bank Ltd
बचत की बात: पर्सनल लोन पर भी मिल सकती है टैक्स छूट, जानें कब और कैसे मिलता है फायदा
एटीएम ट्रांक्जिशन को लेकर बैंकों ने किए बड़े बदलाव, अब अपना पैसा निकालने पर जीएसटी सहित देना होगा टैक्स
Quick Links
  • Entrepreneur Of The Year
  • Startups Of The Year
Loan Information in Details USALoan Information in Details USA
Aa
Search
Have an existing account? Sign In
Follow US
Loan Information in Details USA > Blog > Credit Card > SBI SimplySAVE Credit Card
Credit Card

SBI SimplySAVE Credit Card

Last updated: 2021/07/03 at 8:35 PM
Loan India 2 years ago
Share
SHARE

Key Highlights of SBI SimplySAVE Credit Card

What you’ll love
  • Maximum savings on everyday purchases with up to 10x reward points on spends at department stores, groceries, movies, dining and more
Documents
  • KYC – PAN, address proof and ID proof
  • Photograph, salary slip
You’ll also love
  • Annual fee waiver based on yearly spends
  • 1% fuel-surcharge waiver at petrol bunks on transactions between  500 &  3,000, up to  100 per statement cycle
Fee Details
  • 1st Year – 499
  • 2nd Year Onwards – 499.Waived on annual spends > 1 lakh

SBI SimplySAVE Credit Card offers savings on various purchases or transactions that we conduct on everyday basis.

Contents
Key Highlights of SBI SimplySAVE Credit CardLifestyle benefits offered by SBI SimplySAVE Credit CardFeatures and Benefits of SimplySAVE SBI Credit CardFees and Charges associated with SimplySAVE SBI CardEligibility to Apply for SimplySAVE SBI CardDocuments required to Apply for SimplySAVE SBI Credit CardHow to Apply for SimplySAVE SBI Card Online?FAQs related to SimplySAVE SBI Card

From accelerated reward points to spend-based rewards to renewal fee waiver, the credit card offers more practical benefits that enable the cardholders to save while they spend on the credit card. Let’s look at the features and benefits of SimplySAVE SBI Credit Card in detail.

  • A lifestyle credit card with a minimal renewal fee.
  • Renewal fee waiver on milestone spends.
  • Accelerated reward points on day-to-day spend categories.
  • Bonus reward points within 60 days of card set-up.
SimplySAVE SBI Credit Card

Lifestyle benefits offered by SBI SimplySAVE Credit Card

  • Earn 10x reward points on movies, departmental store, grocery, and dining spends.
  • Earn 1 reward point for every Rs.100 spent for all other categories.

Offers on Website

  • Check your eligibility for the SimplySAVE Credit Card for free.
  • Free credit score check.
  • 100% paperless approval and hassle-free processing guaranteed.

Features and Benefits of SimplySAVE SBI Credit Card

Welcome benefit:

  • Earn 2,000 bonus reward points by spending Rs.2,000 or more within the first 60 days of card issuance.

Renewal fee waiver:

  • Spend Rs.1 lakh or more in a membership year and get your annual fee of Rs.499 waived off. The waiver is applicable from 2nd year onwards.

Fees and Charges associated with SimplySAVE SBI Card

Charge Amount
Joining Fee Nil
Annual fee Rs.499
Renewal fee per annum Rs.499 (From 2nd year)
Add-On card fee Nil
Cash advance fee
  • 2.5% of the amount withdrawn or Rs.500 (Domestic ATMs)
  • 2.5% of the amount withdrawn or Rs.500 (International ATMs)
Finance Charges 3.50% per month or 42% per annum
Payment dishonor fee 2% of the payment amount; minimum of Rs.450
Statement request Rs.100 per statement (more than 2 months old)
Cash payment fee Rs.199 + applicable taxes
Late payment fee
  • From Rs.0 to Rs.500 – Nil
  • More than Rs.500 up to Rs.1,000 – Rs.400
  • More than Rs.1,000 up to Rs.10,000 – Rs.750
  • More than Rs.10,000 up to Rs.25,000 – Rs.950
  • More than Rs.25,000 up to Rs.50,000 – Rs.1,100
  • More than Rs.50,000 – Rs.1,300
Cheque payment fee Rs.100
Card replacement fee Rs.100 to Rs.250
Over limit fee 2.5% of the over limit amount; minimum of Rs.600
Rewards redemption fee Rs.99
Foreign currency transaction 3.50%

Eligibility to Apply for SimplySAVE SBI Card

Eligibility for SBI SimplySAVE credit card depends on SBIs internal policy. If you wish to know whether you’re eligible to apply for the card, follow the instructions mentioned below.

  • Go to SBI Credit Cards ‘Simplyfier’ page (www.sbicard.com/en/personal/credit-cards/simplyfier.page)
  • Click on ‘Your income and expense information’
  • Select your income and monthly expenditure and click on ‘Show my card’

You will then find the list of cards you are eligible for. If you find SimplySAVE SBI card in the list, it indicates that you met the eligibility criteria to apply for the card. You can click on ‘Apply Now’ button under the card to apply for the same.

Alternatively, you can also call SBI credit card customer care to check your eligibility for SBI SimplySAVE Credit Card.

Documents required to Apply for SimplySAVE SBI Credit Card

The documents required to apply for SimplySAVE credit card vary for each customer. Below is an indicative list of documents required for any credit card application.

  • Identity proof
  • Address proof
  • PAN card
  • Passport size photograph
  • Income proof document
  • Bank statement

How to Apply for SimplySAVE SBI Card Online?

You can visit SBI Cards official website to apply for SimplySAVE credit card online.

Alternatively, you can also apply for the card through website, which delights you with attractive partner offers.

Steps to apply for SBI SimplySAVE Credit Card on website

  • Click on the ‘Check Eligibility’ button on the page.
  • Fill the required details to know your eligibility to apply for the card.
  • Eligible applicant would be redirected to the online application page.
  • Fill the online application form and click on ‘Submit’.
  • Upload and submit the required documents.

Upon successful submission of the application, you will receive an acknowledgement message on your registered mobile number with the Application ID. You can use the same to track your credit card application status.

FAQs related to SimplySAVE SBI Card

  1. What are the pros and cons of SimplySAVE SBI Card?
    SimplySAVE Credit Card provides the best benefits any other lifestyle credit card would offer. Some of the key benefits offered by the card include 2,000 bonus reward points within first 60 days of card issuance, 4 reward points on every spend and 10 reward points on most lifestyle categories and annual fee reversal. Regarding the cons of the card, the features and benefits offered on the card justify the annual fee it charges. Apparently, there are no prominent drawbacks for regular users of the card.
  2. What is the difference between SBI SimplySAVE Credit Card and SimplyCLICK Credit Card?
    While the SBI SimplySAVE Credit Card is designed for day-to-day in-store spends such as dining, movies, groceries and others, the SimplyCLICK is for online shopping. Most of the features and benefits offered on the latter are woven around online shopping.
  3. Can my family members use the card simultaneously?
    Your immediate family members, above 18 years of age, can apply for an add-on credit card which has similar features as that of your card.
  4. Am I allowed to transfer any outstanding balances on other credit cards to my SimplySAVE SBI Card?
    Yes, you can use the SBI SimplySAVE Credit Card for transferring your outstanding balance from any other credit card.
  5. Will the SBI SimplySAVE Credit Card be accepted outside India?
    Yes, the SBI SimplySAVE Credit Card will be accepted overseas. Please note that this card will not be accepted in Nepal and Bhutan.
  6. How do I redeem the reward points on my SBI SimplySAVE Credit Card?
    You can easily redeem your reward points through online and offline methods. Visit the SBI website to learn more about redeeming your reward points.
  7. How much cash am I allowed to withdraw using my SBI SimplySAVE Credit Card?
    You can withdraw up to Rs.12,000 in one day using the SBI SimplySAVE Credit Card.
  8. Will the SBI SimplySAVE Credit Card reward points expire?
    Yes, the reward points you earn on the SBI SimplySAVE Credit Card will expire after two years.

Loan India 07/03/2021 07/03/2021
Share this Article
Facebook Twitter Email Print
Previous Article Features & Benefits of a Credit Card
Next Article Axis Bank Buzz Credit Card

Stay Connected

235.3k Followers Like
69.1k Followers Follow
11.6k Followers Pin
56.4k Followers Follow
136k Subscribers Subscribe
4.4k Followers Follow

Latest News

Virat Kohli, Anushka Sharma Groove On Punjabi Song ‘Elevated By Shubh’ at the gym
Bollywood Cricket 1 month ago
Sachin Tendulkar, another half century for “India’s most loved and admired son”, as he turns 50 today.
Cricket IPL 1 month ago
How To Earn $100 0r $ 300 A Day With Google AdSense
Business 1 month ago
Credit card spends at all-time high Rs 1.37 trillion in March
Credit Card 2 months ago
Nominate your Company
Advertise With Us
Become a Sponsor
Submit An Interview
Donate
Check the types of loans they offer, interest rates, repayment terms, and any fees associated with the loan. Before taking out a loan, it is essential to do your research and compare multiple lenders to find the best option for your needs. Additionally, make sure you understand the terms of the loan and have a plan for repayment to avoid any potential financial difficulties in the future.

Contact US

  • About Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
  • Contact Us

Awards

©2001-2023 An LoanInd Company. All Rights Reserved.

Follow US on Socials

2001-2023 © Loan Information in Details USA. A Loan Information in Details USA Company. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?