This credit card is good for those who want low annual fees and rewards on everyday spending. The SBI Simply Save Credit Card is issued by SBI Cards.
CardType: Cashback
Rewards:
- To get 1 reward point from this credit, you have to spend Rs 150
Benefits:
- Welcome, offer: When you activate this credit card, if you spend Rs 2000 within 60 days, you get 2000 reward points worth Rs 500.
- Fuel surcharge waiver: If you fill fuel in your car worth Rs 500 to Rs 3,000, you get a discount of 1%.
- Annual fee waiver: To waive the annual fee of this credit, you will have to spend more than Rs 1 lakh on this credit card.
- Tap to Pay: For small purchases, you are given a contactless facility with this card which makes your payment fast and secure.
Fees And Charges
- Annual Fee: Rs. 499 + taxes
- Renewal Fee: Rs. 499 + taxes,
- Add-on card fee: Free
Pros & Cons
Pros
- Low annual fee: The fee of this credit card is much less as compared to other cards, the fee of this credit card is Rs. 499 + GST.
- Rewards on everyday purchases: You can earn 1 reward point on every spend of Rs 150 and redeem all the earned reward points across multiple categories.
- Fuel surcharge waiver: If you frequently fill fuel in your car with the help of this credit card, you will get Rs 500. You can get a 1% discount on fuel purchases worth Rs 500 to Rs 3000. (Up to Rs 100 per month).
- Welcome, offer: If you spend Rs 2000 with this credit within 60 days, you get 2000 reward points worth Rs 500.
- Add-On Card: This credit card gives you contactless payments for faster transactions and also gives you the facility of free add-on cards for your family members.
Cons
- Low reward rate: This credit card gives you 1 reward point for every Rs 150 spent. Which is lower than other credit cards.
- No reward category bonus: SBI Simply Save Credit Card does not offer any bonus for spending in particular categories. You’ll earn rewards at the same rate on all your purchases.
- Limited reward redemption options: The redemption options for reward points may be limited.
- Fees for exceeding credit limit: If you spend over the credit card limit you are charged a 2.5% fee.
Please Read Our other credit card reviews
- IOCL Kotak Mahindra Rupay Credit Card
- IRCTC SBI Platinum Rupay Credit Card
- BPCL SBI Credit Card All Details
- IDFC FIRST Classic Credit Card
- SBI SimplyCLICK Credit Card
Disclaimer
SBI Simply Save Credit Card Information We have obtained the information from the internet. If there is any change in the reward fees or anything else on this credit card, CredBanking will not take any responsibility for it. For more information about SBI Simply Save Credit Card, visit the official website of SBI Bank.
