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SimplySAVE SBI Card 2020

SimplySAVE SBI Card Fee and Charges

Last Updated 17th Sep 2020
Joining fees₹ 499
First Year Annual Fees ₹ 499
Renewal Fees from 2nd Year ₹ 499
Interest Rate/ Finance Charges per month3.35%
Brand Partner N/A
Late Payment Charges ₹ 950

SimplySAVE SBI Card Features

  • Annual fees reversal on spend of Rs. 1,00,000 and above
  • Withdraw cash worldwide from over 1 million Visa or MasterCard ATMs
  • With easy bill pay facility on your card, pay your electricity, telephone, mobile and other utility bills
  • Free Add-On credit card facility

SimplySAVE SBI Card Benefits

  • Get 10 reward points per Rs. 100 spent on dining, Movies & grocery spends
  • 1% fuel surcharge waiver at any petrol pump
  • Spend Rs. 2,000 or more in first 60 days & get 2,000 bonus points

SimplySAVE SBI Card Eligibility

An applicant needs to meet the following criteria to get SimplySAVE SBI Card from SBI:

  • Income: SBI requires a minimum monthly income of ₹ 20,000 or above is to be eligible for SimplySAVE SBI Card.
  • Age: The applicant should be of of minimum 21 years to be eligible for SimplySAVE SBI Card.
  • CIBIL: SBI require a minimum CIBIL score of 700 for issuing its SimplySAVE SBI Card.
  • Occupation: SBI offers this credit card to both, salaried and self employed professionals and businessman with regular source of income.
Eligibility ParametersCriteria
Income ₹ 20,000
Age Min 21 years
CIBIL Score700 and above
OccupationSalaried and Self Employed

More about Lifestyle Card

  • Live a dream lifestyle
  • Lifestyle card offers host of upgrades, services and benefits for those who frequently prefer to go on holidays with family/friends and enjoy a luxurious and personalized travel and stay experience.
  • Enjoy fine-dining with host of features such as priority booking, discount offers, rewards and customized support at participating restaurants.
  • Book flight tickets, hotel stay, movie tickets & recharge your mobile/DTH.
  • Get access to world class golf courses.
  • Some card offer a friendly escort to guide you in a new country, remove language barrier and ensuring that all arrangements are in place.
  • Complementary travel & medical insurance cover with some cards of this category.

More about Shopping Card

  • Get smart with your spends
  • Shopping card offers attractive cash back or reward points, every time you spend a certain amount on pre-specified categories on the card.
  • Easy to pay on your online shopping deals.
  • Saves time and effort of paying in cash.
  • Allows conversion of your shopping bills into convenient monthly payments (EMIs).
  • Earn Discount/Cash back or rewards points offers on pre-specified categories of spend or shopping outlets including dining, departmental stores, grocery and international spends.

More about Rewards Card

  • Get rewards for spending
  • Rewards card offers you reward points, every time you spend on pre-specified categories. Get attractive gift vouchers and discount coupons available on accumulated reward points.
    Rewards cards are similar to cash back credit cards, but instead of receiving cash when you spend you gain reward points which can be converted into vouchers spendable at a large range of retailers.
  • Receive rewards at leading hotels, dining outlets, apparel stores, departmental stores.
  • Lounge access at selected airports.
  • Enjoy offers on holidays, golfing retreats, movie tickets, dining and more.
  • Redeem awards at a large number of shopping outlets include online retailers.
  • Convert your purchases into easy to pay EMIs.

FAQs

What charges I need to pay as joining fee for SimplySAVE SBI Card of SBI?

Joining fee charged on SBI SimplySAVE SBI Card is ₹ 499.

What is the annual fee for SimplySAVE SBI Card ?

Annual fee charged on SimplySAVE SBI Card is ₹ 499.

Can I waive off my annual fee on SimplySAVE SBI Card ?

info_waiver_txt no waiver on your SimplySAVE SBI Card annual fee.

Is there any late payment charge on SimplySAVE SBI Card ?

No, SBI does not charge any late payment fee on your SimplySAVE SBI Card.

What is the second year renewal fee on SimplySAVE SBI Card ?

SBI charges a second year renewal fee of ₹ 499 on your SimplySAVE SBI Card

What is the interest charge per month on SimplySAVE SBI Card ?

SBI charges an interest of 3.35% per month on SimplySAVE SBI Card.


Credit Card Reviews 2.5/5  by 1 customers
MyLoanCare Service
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Banks Service
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Govind Bhai Darji, Ahmedabad
Reviewed on 14th Oct 2019
2.5 / 5 stars
SBI Credit Card Availed in Jun 2019

Good job.

SBI Credit Card News - Sep 2020
  • 2020-09-17 : SBI Card working on offering customers facility to see credit scores in login accounts
    SBI Card is working on providing customers with the facility to see their credit bureau scores when they login to their credit card accounts. No extra cost will be charged for this facility.
  • 2020-09-16 : SBI YONO could be a $40 billion goldmine
    SBI could be sitting on a goldmine when it comes to its digital startup YONO (You only need one). The super-app could be valued at $40 billion with the lender considering long term plans to hive it off as a separate entity once it assumes a certain size.
  • 2020-09-15 : SBI Card to enrol delinquent customers in restructuring plans
    SBI Card is in the process of enrolling delinquent customers, who did not repay after the end of the moratorium, in the RBI restructuring scheme. The bank is planning to assist customers by providing them more time for repayments.
  • 2020-09-03 : SBI shares safety tips to eliminate online fraud
    SBI shared tips to stay safe and to recognise fraudsters. The bank, in a short video clip shared on SBI official Twitter handle, warned that the financial service sector is increasingly becoming a target for cybercrime. Further, the bank shared some ways to avoid getting scammed which includes guidelines such as never click on suspicious links, Change your account passwords constantly etc.
  • 2020-07-28 : SBI Card, IRCTC launch co-branded contactless credit card
    IRCTC and SBI Card together launched their new Co-branded Contactless Credit Card on RuPay Platform. The card is striving to pursue the mission of Aatma Nirbhar Bharat, Digital India and Make In India. The new co-branded credit card provides the rail passengers maximum savings on their travel along with exclusive benefits on retail, dining and entertainment.
*Terms and conditions apply. Credit at sole discretion of lender subject to credit appraisal, eligibility check, rates, charges and terms. Information displayed is indicative and from collected from public sources. Read More
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