SimplySAVE SBI Card review: fees, rewards and eligibility
The SimplySAVE SBI Card has a recorded annual fee of ₹499 plus GST and a base earn of 1 Reward Point per ₹150 spent on all other categories. CardMasters checked its issuer terms on 2026-08-19. Affiliate commission never changes ranking; confirm final terms and approval with SBI Card.
SimplySAVE SBI Card: short answer
The SimplySAVE SBI Card is in the entry tier of SBI Card credit cards, with a joining fee of ₹499, an annual fee of ₹499 plus GST (waived on ₹1,00,000 of eligible annual spend), a base earn of 1 Reward Point per ₹150 spent on all other categories and a 3.5% forex markup. Rewards are not earned on fuel. It suits dining, grocery, first credit card spending; whether it beats a card you already hold depends on your own spend mix and redemption choices.
Source: CardMasters issuer-evidence catalogue, release 2026-08-19. Confirm final terms with the issuer.
Reward structure
1 Reward Point per ₹150 spent on all other categories
- 10 Reward Points per ₹150 on dining, movies, departmental stores and grocery on Dining, movies, departmental stores and grocery (5,000 points per calendar month) — Cumulative 10X accrual is capped at 5,000 Reward Points per calendar month; after the cap, these categories revert to 1 Reward Point per ₹150. Movies (MCC 7832) is a promoted category but is not a spend category the CardMasters profile collects, so it is not modelled.
Eligibility and important limits
The issuer does not publish a card-specific approval cutoff in the current source. SBI Card publishes no card-specific monthly income or bureau-score cutoff for SimplySAVE. Approval is assessed on age, income, employment, credit history and the issuer's own policy. Approval remains solely at the issuer’s discretion.
Does not earn: fuel.
Important limit: Fuel is excluded from Reward Points (MCC 5172, 5541, 5542, 5983). A separate 1% fuel surcharge waiver applies on transactions between ₹500 and ₹3,000, capped at ₹100 per statement cycle.
Frequently asked questions
What is the annual fee for the SimplySAVE SBI Card?
The published annual fee in our current record is ₹499 plus applicable GST. It can be waived after ₹1,00,000 of eligible annual spend, subject to issuer terms.
How do rewards work on the SimplySAVE SBI Card?
1 Reward Point per ₹150 spent on all other categories. Accelerated routes include 10 Reward Points per ₹150 on dining, movies, departmental stores and grocery on Dining, movies, departmental stores and grocery (5,000 points per calendar month). Reward value depends on the eligible transaction route and redemption method.
Which transactions do not earn rewards on the SimplySAVE SBI Card?
The current issuer-sourced exclusions recorded by CardMasters include fuel. Merchant category coding and issuer terms determine final eligibility.
Who should consider the SimplySAVE SBI Card?
It is most relevant for people focused on dining, grocery, first credit card. Whether it improves your wallet still depends on your actual spending, existing cards, fees and redemption choices.
Is the SimplySAVE SBI Card worth it?
It is worth holding only when the rewards and benefits you will genuinely use exceed ₹499 plus GST each year. The fee is waived at ₹1,00,000 of eligible annual spend, so check whether you reach that without forcing spend. Value the rewards at a realistic redemption rate, not the issuer's best-case example.
What is the eligibility for the SimplySAVE SBI Card?
SBI Card publishes no card-specific monthly income or bureau-score cutoff for SimplySAVE. Approval is assessed on age, income, employment, credit history and the issuer's own policy. Approval, credit limit and final pricing are decided solely by the issuer.
What is the forex markup on the SimplySAVE SBI Card?
The recorded foreign-currency markup is 3.5% before GST. On ₹1,00,000 of international spend that is about ₹3,500 in markup, so compare it against any rewards earned on overseas transactions.
Does the SimplySAVE SBI Card offer airport lounge access?
Domestic lounge access: none. International lounge access: none. Spend conditions and guest charges are set by the issuer and can change.