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SBI Card

SimplySAVE SBI Card

Everyday spends card: 10X points on dining, movies, grocery and departmental stores (about 1.67% back), 1 point per ₹150 elsewhere.

  • ₹499 joining, ₹499 a year
  • Visa / Mastercard
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Pros and cons

Good

  • Annual fee waived at ₹1,00,000 of spend a year

Watch out for

  • At ₹499 a year, it doesn't beat a free card's rate on any spend
  • Earns nothing on fuel, wallet loads, rent and government payments
  • Low base rate: 0.17% on everyday spends
  • High forex markup (3.5%)
Who it's for
People whose spending matches its best category: groceries.
Skip it if
You want rewards to cover the fee: a free card pays as much.

Worked out from the bank's published terms with the same rules for every card, never from what we earn. How we judge cards.

Rewards (value back as % of spend)

Everyday spends
0.17% (base rate)
Online shopping
0.17%
Fuel
0%
Groceries
1.67%
Travel
0.17%
Bills and utilities
0.17%
Dining and food delivery
1.67%

Fees and charges

Joining fee
₹499
Annual fee
₹499
Fee waiver
Renewal fee reversed if annual spends in the previous year are ₹1,00,000 or more
Forex markup
3.5%
Fuel surcharge waiver
1% waiver on fuel transactions of ₹500 to ₹3,000; max ₹100 per statement cycle

Benefits and eligibility

Airport lounge
Not published by the bank
Card network
Visa, Mastercard
UPI payments
No
Minimum income (salaried)
Not published by the bank
Eligibility
Not published by the bank

Fees exclude GST. Reward rates are the value back you get at the bank's published redemption value; where a bank doesn't publish what a point is worth, we leave the rate blank rather than guess. See how we compare cards.

Compare it with other cards

Ready to apply for the SimplySAVE SBI Card?

Apply nowVia our referral partner. We may earn a commission.

CreditParakh is not a bank or lender. Approval, limits and final terms are decided by SBI Card.

Related guides

What changed recently

  1. FeesWorse for you

    Late payment fee now starts at ₹100 on dues above ₹100 (was nil up to ₹500) and rose from ₹400 to ₹500 on dues of ₹500–1,000.

    Before: Nil up to ₹500; ₹400 for ₹500–1,000 · After: Nil up to ₹100; ₹100 for ₹100–500; ₹500 for ₹500–1,000

    Bank's notice or terms
  2. RewardsWorse for you

    Points can be redeemed for statement credit only in multiples of 4,000 points, up to 60,000 points a month.

    After: Multiples of 4,000 points; max 60,000 points a month

    Bank's notice or terms
  3. FeesWorse for you

    New 1% fee on education payments made through third-party apps; paying the school or college directly stays free.

    After: 1% of the transaction

    Bank's notice or terms
  4. FeesWorse for you

    New 1% fee on every wallet load above ₹1,000.

    After: 1% of the transaction

    Bank's notice or terms

All card changes, month by month

Questions people ask

Is the SimplySAVE SBI Card worth it in 2026?

Only if most of your spending is on groceries. The catch: earns nothing on fuel, wallet loads, rent and government payments.

Is the SimplySAVE SBI Card lifetime free?

No. It costs ₹499 to join and ₹499 a year, plus GST. Renewal fee reversed if annual spends in the previous year are ₹1,00,000 or more.

Does the SimplySAVE SBI Card work on UPI?

No. Only RuPay credit cards can be linked to UPI, and this isn't one.

Does the SimplySAVE SBI Card give airport lounge access?

No complimentary airport lounge access.

What earns no rewards on the SimplySAVE SBI Card?

Cash advances, balance transfers, Encash, Flexipay and fuel (MCC 5172, 5541, 5542, 5983) are outside the points programme; wallet loads (6540, 6541) earn nothing; points stopped on rent (MCC 6513), government transactions (9399, 9311) and digital gaming (5816, 7993, 7994). Points on EMI conversions are forfeited. No 10X at Metro Cash & Carry, Flipkart Wholesale and Walmart.

Is there a limit on rewards with the SimplySAVE SBI Card?

10X points on dining, movies, grocery and departmental stores are capped at 5,000 points per month (₹1,250 at 4 points = Re 1); then 1 point per ₹150.

Who can get the SimplySAVE SBI Card?

Approval is at the bank's discretion.

How we checked this card: the CreditParakh team read SBI Card's own product page on 18 Oct 2026. Every fee, rate and rule above comes from those pages; where they disagree, we say so. We re-check every card monthly and log changes on card changes. See our editorial standards.

Last verified 18 Oct 2026 on SBI Card's official page. Fees and rewards change; check the issuer's terms before you apply.