SBI SimplySAVE Credit Card Review: Detailed 2026 Update
- Quick Verdict
- Card at a Glance
- Fees & Welcome Benefits
- Reward Point System Explained
- Travel & Lounge Benefits
- Milestone Benefits & Fee Waivers
- Pros & Cons
- Who Should Get This Card?
- Final Conclusion
Quick Verdict
- Is it good? Yes, it offers decent rewards for everyday spending.
- Reward rate? Earn 1 Reward Point (RP) for every ₹100 spent, with 10X RPs on select categories.
- Best for? Those who frequently dine out or shop at grocery stores.
Card at a Glance
| Feature | Details |
|---|---|
| Annual Fee | ₹500 + GST |
| Joining Fee | ₹500 + GST |
| Reward Rate | 1 RP for ₹100 spent |
| Welcome Benefit | 2000 RPs on spending ₹20,000 within 60 days |
| Annual Fee Waiver | On spending ₹90,000 |
| Fuel Surcharge Waiver | 1% across all petrol pumps |
Fees & Welcome Benefits
The SBI SimplySAVE Credit Card comes with a joining fee of ₹500 + GST and an annual fee of ₹500 + GST. However, if you spend more than ₹90,000 in a year, you can get this fee waived off. Additionally, there’s a welcome benefit of 2000 Reward Points if you spend more than ₹20,000 within the first 60 days of getting the card.
Reward Point System Explained
The reward point system is where this card shines. You earn:
- 10 Reward Points for every ₹150 spent on Dining, Movies, Groceries, and Departmental Stores.
- 1 Reward Point for every ₹150 spent on all other categories.
Here’s a detailed breakdown of the reward point system:
| Category | Points Earned |
|---|---|
| Dining | 10 RPs per ₹150 |
| Movies | 10 RPs per ₹150 |
| Groceries | 10 RPs per ₹150 |
| Departmental Stores | 10 RPs per ₹150 |
| Other Categories | 1 RP per ₹150 |
Travel & Lounge Benefits
While the SBI SimplySAVE Credit Card does not offer direct lounge access, it provides a 1% fuel surcharge waiver across all petrol pumps, making it a good option for frequent travelers. However, if you’re looking for extensive travel benefits, you might want to consider cards like the SBI Prime Credit Card Review or the IRCTC SBI Platinum Credit Card Review.
Milestone Benefits & Fee Waivers
As mentioned earlier, the annual fee can be waived off if you spend more than ₹90,000 in a year. This is a great incentive for those who regularly use their credit card for daily expenses. However, there are no additional milestone benefits listed for this card.
Pros & Cons
| Pros | Cons |
|---|---|
| 10X RPs for spends on Dining, Movies, Grocery, and Departmental Stores | Base reward rate is low (0.25% CB) |
| 1% fuel surcharge waiver across ALL petrol pumps | Redemption fee of ₹99 + GST |
| Annual fee waiver on spends of ₹90,000 | Not beneficial for online shopping |
| Free add-on cards | SBI does not offer LTF cards, potential scam by agent |
| Redeem points as statement credit | |
| SBI runs 10-15% off campaigns on major e-commerce sites |
Who Should Get This Card?
The SBI SimplySAVE Credit Card is ideal for individuals who frequently dine out, shop for groceries, or enjoy watching movies. If you often spend on these categories, the 10X reward points can add up quickly. However, if you’re looking for a card that offers extensive online shopping benefits, you might want to explore options like the SBI SimplyCLICK Credit Card Review.
Final Conclusion
In our experience, the SBI SimplySAVE Credit Card is a solid choice for those who want to earn rewards on everyday spending. With its decent reward structure and the potential for fee waivers, it can be a valuable addition to your wallet. However, if your spending habits don’t align with its benefits, you might want to consider other options. Bottom line: If you dine out or shop frequently, this card is worth considering!
For more information, you can visit the official SBI Card page or check out CardExpert for expert reviews.