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SimplySAVE SBI Credit Card

Apply SimplySAVE SBI Credit Card

Annual Fee

499₹

Reward Type

Shopping

Joining Fee

499₹

View Details

Features

  • Enjoy 10X reward points on dining, grocery & movie spends
  • 2,000 bonus reward points on spends of Rs.2000 in first 60 days
  • 1% fuel surcharge waiver across all petrol pumps
  • Annual fee reversal on spends of Rs.90,000 in a year

Pricing

  • 1st year fee: Rs.499
  • Renewal fee: Rs.499 (reversed on annual spends of Rs.1 lakh)

Documents Required

  • 2 passport size color photos
  • ID Proof(any one) - passport, driver’s license, voter’s ID, PAN, aadhaar card
  • Address proof (any one)- passport, driver’s license, voter’s ID, aadhaar card, electricity bill, telephone bill, postpaid mobile phone bill, bank account/post office savings bank account statement
  • Salaried - latest 3 months' salary slip (or) last 3 months' bank statements
  • Self-employed - last year ITR along with bank statement for last 3 months and form 16
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About SBI:

SBI was founded in 1806 and is an Indian multinational, public sector banking and financial services company. It is a government-owned corporation which is headquartered in Mumbai.

Overview of SBI SimplySAVE Card

Earn reward points when you shop with your SBI SimplySAVE Card and redeem them easily for attractive options from a range of categories like travel, premium merchandise, and much more. It has a flexible rewards redemption program.

Read on to know more about SBI SimplySAVE Card offers.

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Read on to know more about SBI SimplySAVE Card offers.

  1. As a welcome offer, get Rs. 100 cash back on your first ATM cash withdrawal, if done within 30 days of receiving your card.
  2. You can use your SimplySAVE Advantage SBI Card globally
  3. Add-on Cards: You can get add-on cards for your parents, spouse, children or siblings above the age of 18
  4. Balance Transfer facility: Transfer the outstanding balance of other banks’ credit cards to your SimplySAVE Advantage SBI Card, and avail a lower rate of interest and pay back in easy EMIs
  5. Flexipay: Covert any purchase of Rs. 2,500 or more to easy EMIs

SBI SimplySAVE Card Benefits

  • Earn reward points on all your transactions, i.e., earn 1 Reward Point per Rs. 100 spent. 4 Reward Points = Rs. 1
  • Enjoy 10 X Reward Points per Rs. 100 spent on dining, movies, departmental stores and grocery spends.
  • Get annual membership fee reversal from second year of your subscription by spending Rs. 90,000 or more on your SimplySAVE Advantage SBI Card in the previous year.
  • Enjoy fuel surcharge waiver when you swipe your SimplySAVE Card at any petrol pump in India. Get freedom from paying the 1% fuel surcharge. Transact an amount between Rs. 500 to Rs. 3,000 at any petrol pump in India to avail this offer

Eligibility for SBI SimplySAVE Card

To be eligible for an Amex Platinum Travel Credit Card, you need to comply with certain eligibility criteria. Following is an overview:

  • You must be over 18 years of age
  • You must withdraw an annual income of INR 6 Lacs or above (for both Salaried, Self Employed)
  • You must have an Indian or multinational bank’s savings or current account in India
  • You must have a permanent residential address in India
  • You must be able to demonstrate a stable credit history.
  • For the self-employed: your company must be in trade for more than 12 months

SBI SimplySAVECard Documents Required

The documentation is very straightforward. You will require the following:

  • 2 passport size photos and signature-bearing national identity cards
  • Proof of address - Ration card, electricity bill etc. can be submitted
  • PAN card, Form 16 and the Income Tax Returns Statement
  • Proof of salary, employment / proof of business details
  • Last 3 months salary statement.

SBI SimplySAVECard Annual Fee

Annual Fee (one time): Rs. 499

Renewal Fee (per annum): Rs. 499 from second year onwards. Renewal Fee reversed if annual spends for last year >= Rs. 90,000.

Add-on Fee (per annum): Nil

Other charges

Extended CreditInterest free credit period: 20-50 days, applicable only on retail purchases and if previous months’ outstanding balance is paid
Finance chargesInterest free credit period: 20-50 days, applicable only on retail purchases and if previous months’ outstanding balance is paid
Minimum amount due5% of Total Outstanding (Min. Rs. 200 + all applicable taxes + EMI (In case of EMI based product) + OVL amount (if any)
Cash Advance LimitUp to 80% of credit limit, with a maximum of Rs. 12,000 per day
Cash Advance Fee (SBI ATMs or other ATMs)2.5% of transaction amount, subject to a minimum of Rs. 300
International ATMs3% of transaction amount, subject to a minimum of Rs. 300
Late payment
  • Nil for total amount due from Rs. 0 to Rs. 200
  • Rs. 100 for total amount due greater than Rs. 200 and up to Rs. 500
  • Rs. 400 for total amount due greater than Rs. 500 and up to Rs. 1,000
  • Rs. 500 for total amount due greater than Rs. 1,000 and up to Rs. 10,000
  • Rs. 750 for total amount due greater than Rs. 10,000
Over limit2.5% of over limit amount subject to a minimum of Rs. 500
Rewards Redemption FeeRs. 99
Foreign Currency TransactionConversion markup- 3.5%

SBI SimplySAVECard FAQs

Can I apply for an SBI SimplySAVE Card online?

Absolutely. You can apply for an Amex credit card at their website online.

I got my credit card bill. What are the bill paying options available?

You can choose from the following options to make your bill payment:

  • Pay your credit card bill via online banking – such as NEFT/RTGS/EPAY/VMT (from other bank accounts)
  • Payment through cheques
  • Cash deposit/cheque deposit at ATM/Bank during banking hours

Can I use my SBI SimplySAVE Card globally?

Absolutely. The SimplySAVE Advantage SBI Card is an international credit card and is accepted in over 24 million outlets across the globe, including 3,25,000 outlets in India.

Is there any Interest-free period?

Yes, the interest free credit period ranges from 20-50 days, applicable only on retail purchases and if previous months’ outstanding balance is paid.

SBI SimplySAVE Card Review

Swipe your SBI SimplySAVE Card and stand to earn rewards points that can be redeemed for gifts, vouchers and premium merchandise. In short, you get rewarded for spending. It offers attractive rebates on travel, dining and leisure as well as on normal everyday retail spends. The rewards this card offers makes it a desirable option, provided that all credit card dues are paid consistently every month.

Apply for SBI SimplySAVECard

You can check your eligibility and apply for a credit card by signing up with CreditMantri. It is quick, simple and above all, free.

CreditMantri pre-screens your application to make sure you are likely to qualify as per the lender’s credit criteria. Hence, the chance of approval on your credit card application is higher.

Click here to sign up and apply for loans and credit cards , the CreditMantri way!

Customer Reviews

4 / 5 (1099 Reviews)
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Good work

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Nice service

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Very good service

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