SBI SimplySAVE Credit Card
The best SBI entry-level card for dining, groceries & offline spending.
Overview
The SBI SimplySAVE Credit Card is designed for users who spend mostly offline, especially on dining, movies, groceries, and departmental stores. Unlike the SimplyCLICK card which focuses on online shopping, SimplySAVE offers accelerated rewards on everyday physical retail transactions. It is a low-fee rewards card ideal for households and frequent dine-out users.
Features & Benefits
Joining & Renewal Benefits
2,000 Bonus Reward Points (₹500 value) on spending ₹2,000 within first 60 days.
Annual fee waived if total annual spend exceeds ₹1,00,000 in the previous year.
Cashback & Rewards
- • 2,000 Bonus Reward Points on spending ₹2,000 within first 60 days
- • 10 Reward Points per ₹150 on dining, movies, grocery & departmental stores
- • 1 Reward Point per ₹150 on other categories
- • Spend-based annual fee waiver above ₹1,00,000
Reward Points can be redeemed via the SBI Rewardz portal where 4 Reward Points = ₹1. Redemption options include shopping vouchers, travel bookings, gift cards and statement credit (subject to SBI rules).
Lifestyle Benefits
- • Accelerated rewards on dining & groceries
- • Milestone-based welcome bonus
- • Fuel surcharge waiver
- • Retail-focused reward structure
1% fuel surcharge waiver on transactions between ₹500 and ₹3,000 with maximum ₹100 waiver per billing cycle.
3.5% forex markup fee on international transactions.
Fees & Charges
- • Strong rewards on offline spending
- • Easy welcome bonus
- • Annual fee waiver possible
- • Good for family grocery & dining expenses
- • No airport lounge access
- • Limited value for online spending
- • Monthly cap on 10X points
- • New 2026 redemption restrictions
Effective April 1, 2026: Maximum 60,000 Reward Points per calendar month can be redeemed as statement credit. Statement credit redemption allowed only in exact multiples of 4,000 Reward Points.