SBI SimplySAVE Credit Card
lock Secure redirect to the bank's official site. CredSutra does not store your application data.
Community Consensus
Consensus Note: SBI SimplySAVE Credit Card issued by SBI Card remains a flagship choice for Everyday offline spending — grocery, dining, movies, departmental stores. Verified user discussions highlight strong yields on spending thresholds.
At-A-Glance Quick Facts
AI Verdict CredSutra Engine
Synthesized objective algorithmic score
The SBI SimplySAVE Credit Card issued by SBI Card offers competitive value for Everyday offline spending — grocery, dining, movies, departmental stores. Audit your monthly spending against its ₹499 + GST (Waived on ₹1 Lakh annual spend) fee structure.
Key Trade-offs & Considerations
- ⚡ Annual fee of ₹499 + GST (Waived on ₹1 Lakh annual spend)
- ⚡ Lounge access policy: None
- ⚡ Reward rate: 10X Reward Points (2.5%) on Dining, Movies, Grocery, Departmental Stores; 1X (0.25%) on all other spends
Key Benefits & Characteristics
Category Rewards Multiplier Matrix
| Spend Category | Earning Multiplier / Return Rate |
|---|---|
| flight Travel & Flights | 2% to 5% points |
| shopping_cart Online Shopping & SaaS | 1% to 5% cashback |
| storefront Offline Retail Stores | 1% reward points |
| account_balance Government & Tax Pay | 0.5% (Caps apply) |
| house Rent & Wallet Loads | Excluded / 1% surcharge |
receipt_long Fee & Surcharge Breakdown
Detailed Analysis & Review
Deep-Dive Review: SBI SimplySAVE Credit Card
Community Verdict
[!NOTE] Our Take: The SBI SimplySAVE is a focused offline spending card. Rather than chasing online deals, it rewards the kind of spending most people do every week — groceries, dining out, movies, and department stores — with a solid 2.5% return. At ₹499 p.a., the ₹1 Lakh annual fee waiver is reachable for many, and the 2,000-point welcome bonus (worth ₹500) effectively covers the first year’s fee. The flip side: base categories earn just 0.25%, fuel and rent earn nothing, and there’s zero lounge access. It’s a solid no-frills rewards card for brick-and-mortar spenders.
Pros
- 10X on Everyday Categories: Earn 2.5% return (10 RP per ₹150) on dining, movies, grocery, and departmental stores — among the best flat returns for offline spending in this fee tier.
- Fuel Surcharge Waiver: 1% fuel surcharge waiver on transactions between ₹500–₹3,000 at petrol pumps across India (max ₹100/month). Fuel earns 0 RP but the surcharge waiver is real savings.
- Low Fee Waiver Threshold: Annual fee of ₹499 + GST reversed on just ₹1 Lakh annual spend — one of the easier waiver targets among SBI cards.
- Welcome Bonus Covers Fee: Spend ₹2,000 within 60 days → 2,000 RP worth ₹500, recouping the first year’s fee.
- Secured Variant Available: An ‘Advantage’ secured card variant exists for those building credit.
Cons
- No Airport Lounge Access: Completely lacks any domestic or international lounge benefit.
- Base Rate is Paltry: All non-accelerated spends earn just 1 RP per ₹150 (0.25% return) — worse than a savings account.
- Major Exclusions: Rent, fuel, wallet loads, insurance, and government transactions earn zero rewards.
- Reward Redemption Fee: ₹99 charged per redemption transaction — erodes small redemptions.
- No Online Boost: Online spends earn only the base 0.25% rate, making this poor for digital shoppers.
- 3-Year Point Expiry: Reward points expire 36 months from accumulation — track balances regularly.
Reward Spends & Categories
| Category Spend | Earning Rate / Reward Points |
|---|---|
| 🍽️ Dining (Restaurants) | 10 RP per ₹150 (2.5% return) |
| 🎬 Movies & Entertainment | 10 RP per ₹150 (2.5% return) |
| 🛒 Grocery / Supermarket | 10 RP per ₹150 (2.5% return) |
| 🏬 Departmental Stores | 10 RP per ₹150 (2.5% return) |
| ✈️ Flights & Hotels | 1 RP per ₹150 (0.25% return) |
| 🛍️ Online Shopping | 1 RP per ₹150 (0.25% return) |
| 🏛️ Government Spends | 0% (Excluded) |
| ⛽ Fuel Transactions | 0% (Surcharge waiver applies, no rewards earned) |
| 🏠 Rent Transactions | 0% (Excluded) |
| 💳 Wallet Loads | 0% (Excluded) |
Reward Point Redemption Value
- Statement Credit: 1 RP = ₹0.25 (4 RP = Re. 1, minimum 2,000 RP, ₹99 fee per redemption)
- e-Gift Vouchers: 1 RP = ₹0.25 (Yatra, Shoppers Stop, Pantaloons and other select brands)
- Airmiles: Not available
Airport Lounge & Travel Perks
None. This card does not offer complimentary airport or railway lounge visits of any kind.
[!TIP] If airport lounge access is important to you, look at the SBI Card PRIME (8 domestic + 4 Priority Pass visits/year) or SBI Card ELITE (more comprehensive lounge program).
Annual Milestone Benefits
| Spend Threshold | Benefit | Frequency |
|---|---|---|
| Joining (on fee payment) | 2,000 Bonus RP (₹500 value) on ₹2,000 spend within 60 days | One-time |
| ₹1,00,000/year | Renewal fee waiver (₹499 + GST) | Annual |
[!TIP] Maximize It: If you spend ₹8,500/month on dining, groceries, movies, and departmental stores, you’ll hit ₹1 Lakh in under a year — recovering the full annual fee and earning 6,667 RP (₹1,667 value) on top.
Data Verification
- Verification Tier: LIVE_VERIFIED
- Editorial Feeds: Official SBI Card Portal, SBI Card product catalog page (July 4, 2026)
- Last Status Update: July 4, 2026
For official terms, interest rates, and applications, refer to the SBI Card Official Website.