SBI Simply Save Card is an entry-level card, charging an annual fee of INR 499 and a welcome bonus of INR 2000 reward points. It allows the cardholder to earn reward points on grocery, departmental purchases, etc. Also, get an annual waiver on INR 1 lakh spent. Also, this card can be linked to the UPI account. There are limited benefits associated with the card with respect to travel, entertainment, and dining. Let us read further to know its features and benefits:
Features and Benefits
Mentioned below are the features and benefits of SBI Simply Save Credit Card:
- Get 10 reward points on every INR 150 spent on movies, dining, departmental store purchases, and groceries, and 1 reward point on other categories.
- Get 2000 reward points within 60 days of issuance of the card when INR 2000 are spent.
- Get a waiver of 1% on fuel surcharges and a maximum of up to INR 100 on fuel transactions made between INR 500 and INR 3000 at any fuel station in India.
- Get a reversal of annual fees from the second year on INR 1 lakh spent in the previous year.
- There is no additional cost on add-on cards for parents, siblings, spouses, etc.
- Covert your big purchases of INR 2500 or above into easy EMIs within 30 days of purchases.
Pros and Cons
Mentioned are the pros and cons of SBI Simply Click Credit Card:
Pros:
- It offers low annual fees of INR 499.
- Earn great reward points on your spending.
Cons:
- No international or domestic lounge access.
- No insurance benefits.
- Rewards can be redeemed at INR 99.
How to Redeem Reward Points?
Mentioned are the steps to redeem the reward points:
- Log in to www.sbicard.com
- Redeem the points against multiple categories like shopping, gift vouchers, etc.
- Also, the SBI mobile app can be used for the same.
- 1 Reward point = INR 0.25, i.e. 4 reward points= INR 1
Should you get an SBI Simply Click Credit Card?
This card comes with low annual fees of INR 499, which can be waived if INR 1 lakh is spent in a year. There are reward points on each transaction. You can apply for this card, if:
- You make a frequent grocery or departmental purchase.
- You want to earn reward points on the transactions made.
- If you spend INR 1 lakh in a year.
- If you do not want to spend so much on annual fees.
Eligibility Criteria
Mentioned below are the eligibility parameters for applying for an SBI Simply Save Credit Card:
| Criteria | Age | Income |
| Self-employed | 21 years – 65 years | INR 20,000 per month (as per ITR) |
| Salaried | 18 years – 65 years | INR 20,000 per month |
Fees and Charges
Mentioned below are the fees and charges to apply for SBI Simply Save Credit Card:
| Type of Fee/ Charge | Amount |
| Joining Fee | INR 499 |
| Annual/ Renewal Fee | INR 499 (Reversed on spending INR 1 lakh in a year) |
| Finance Charges | 3.50% p.m. (42% p.a.) |
| Late Payment Fee* | For Statement Balance:
|
Documentation Required
Mentioned below is the list of documents required to be provided in order to apply for an SBI Simply Save Credit Card:
- Identity Proof:
- PAN Card
- Aadhar Card
- Driving License
- Passport
- Voter’s ID
- Overseas Citizen of India Card
- Person of Indian Origin Card
- Job Card issued by NREGA
- Letter issued by UIDAI or any other government-approved ID proof
- Address Proof:
- Aadhar Card
- Driving License
- Passport
- Utility Bill
- Ration Card
- Property Registration Document
- Person of Indian Origin Card
- Job Card issued by NREGA
- Bank Account Statement or any other government-approved ID proof
- Income Proof:
- The latest one or 2 Salary Slip
- Latest Form 16
- Last 3 months’ bank statement
Steps to Apply SBI Simply Save Credit Card
Mentioned below are the different ways to apply for an SBI Simply Save Credit card:
- Offline Process –
If you prefer to submit an SBI Save Credit Card offline, then you have to go to the nearest SBI branch and request an SBI Credit card form from the branch executive. After that, read it properly and fill out the form correctly.
- Online Process –
Step 1: Launch the official website for the SBI card at https://www.sbicard.com/.
Step 2: Under the tab “Apply”, click the Apply Now option.
Step 3: Then, the list of all the SBI cards will be displayed on the screen.
Step 4: Choose the Simply Save Credit Card option and press the Apply Now option.
Step 5: At the end, fill in all the information and submit the application.
Steps to Activate SBI Simply Save Credit Card
Mentioned below are the different options to activate and generate the PIN of the SBI Simply Save Credit Card:
- Visit your nearest ATM. On the main menu, press the option “Generate PIN using OTP”.
- Another way is to get your Internet banking activated by logging in. Click “Credit Card Activation or Pin generation”.
- Also, you can contact customer care and ask them to assist you in getting the card activated.
How to Check SBI Simply Save Credit Card Application Status?
Following are the steps to check the SBI Simply Save Credit card application –
- On visiting SBI Card’s official website, you will see the credit card option. At the bottom of the page, you will see the option of “Track Application.” click on that option by entering your application number, and you will get the status of your application.
- Also, one can contact the SBI customer care executive, who will assist you with your card status.
- If you don’t prefer calling or other online methods, you can simply visit your closest branch and request the bank officials to assist you in knowing the status of your application.
SBI Simply Save Credit Card Customer Care
- To contact SBI Simple Save Card customer care, you can call these numbers: 1860 180 1290, 39 02 02 02, 1860 500 1290 or 1800 180 1290 (toll-free).
- You can also reach SBI Credit Card Customer Care on Twitter at @SBICard Connect.
