Looking for the best entry-level card? Read our SBI SimplySAVE Credit Card review 2025. Learn about joining fees, renewal charges, rewards, fuel benefits & more.
SBI SimplySAVE Credit Card Review 2025 – Is It Worth Applying?
If you are searching for an affordable and highly rewarding credit card for your everyday spending, the SBI SimplySAVE Credit Card is one of the most popular choices in India. This card offers great value on categories where you spend the most—groceries, dining, departmental stores, and movies. In this detailed review, we’ll cover its fees, charges, benefits, rewards, and eligibility criteria so that you can decide whether this card is the right fit for you.
Fees and Charges
- Joining Fee: ₹499 + taxes
- Annual Renewal Fee: ₹499 + taxes (waived off on yearly spend of ₹1 lakh)
- Cash Withdrawal Charges: 2.5% of the withdrawn amount
- Finance Charges: 3.75% per month (if bill not paid on time)
💡 Pro Tip: Always pay your credit card bill on time to avoid high-interest charges.
Key Benefits of SBI SimplySAVE Credit Card
1. Welcome Benefit
- Get 2,000 bonus reward points when you spend ₹2,000 within the first 60 days of card issuance.
- These points are worth ₹500, which almost covers your joining fee.
2. Reward Points Program
- Earn 10 reward points per ₹150 spent on:
- Dining
- Groceries
- Departmental Stores
- Movies
- Earn 1 reward point per ₹150 spent on all other categories.
- Reward Point Value: 1 RP = ₹0.25
3. Annual Fee Waiver
- Spend ₹1,00,000 or more in a year and get the next year’s renewal fee waived off.
4. Fuel Surcharge Waiver
- Get 1% fuel surcharge waiver at all petrol pumps across India.
- Maximum savings: ₹100 per month (₹1,200 annually).
- Valid for fuel transactions between ₹500 and ₹3,000.
5. Add-On Card Facility
- Share credit benefits with family members (18 years & above).
- Track spending and earn reward points on their transactions.
6. Easy EMI Conversion
- Convert purchases above ₹2,500 into EMIs for easy repayments.
7. Tap & Pay Feature
- Contactless payments up to ₹5,000 without entering a PIN.
- Ensures convenience and security for small transactions.
Eligibility Criteria
To apply for the SBI SimplySAVE Credit Card, you need to:
- Be at least 21 years old
- Have a valid PAN Card
- Provide identity proof and address proof
Final Verdict
The SBI SimplySAVE Credit Card is an excellent choice for beginners and those who spend regularly on groceries, dining, and movies. With attractive welcome rewards, fuel savings, annual fee waiver on ₹1 lakh spends, and everyday utility benefits, this card easily justifies its fee.
If you’re looking for a budget-friendly yet rewarding credit card, SimplySAVE is definitely worth applying for.
👉 Apply Now: [SBI SimplySAVE Credit Card – Official Application Link]
Best For: First-time credit card users, families, and individuals who spend on groceries, dining, and entertainment.