5 Key Benefits of SBI SimplySAVE Credit Card

SBI SimplySAVE Credit Card is a shopping credit card best suited for beginners. If you shop frequently at supermarkets and departmental stores, SBI SimplySAVE is quite a rewarding credit card to consider. You will get 10X reward points on Dining, Movies, Departmental Stores, and Grocery Spends and there is no maximum cap on bonus reward points. Moreover, you can get this card through a completely digital application process in just 7 days. Know more about the benefits of SBI SimplySAVE Card and apply now.

5 Key Benefits of SBI SimplySAVE Credit Card

1. LOW ANNUAL FEE

The annual fee for SBI SimplySAVE Credit Card is Rs.499 only. The renewal fee is also Rs.499 applicable from 2nd year onwards. You can get a renewal fee waiver if your annual spending exceeds Rs.1 lakh during the year.

2. BONUS REWARDS AS WELCOME GIFT

• Get 2,000 bonus reward points on spending Rs. 2,000 in the first 60 days of card issuance
• Get Rs. 100 cashback on the first ATM cash withdrawal. The transaction must be done within 30 days of receiving the card

3. 10X REWARDS ON DINING, GROCERY & MORE

The best feature of this card is that it offers 10 reward points on every Rs.100 spent on Dining, Movies, Departmental Stores, and Grocery expenditure. However, 1 reward point per Rs.100 can be earned on all other spends.

You can redeem these points with an exclusive range of gifts from the Rewards catalogue or pay off the outstanding credit card balance. (4 reward points = Re 1).

4. EASY ONLINE APPLICATION

You can apply for SBI SimplySAVE online without any need for physical documentation. Click here to start your application. Enter the details, submit scanned copies of your documents and you can get the card in just 7 days*.

5. INCOME REQUIREMENT OF ONLY Rs. 20,000 p.m.

SBI SimplySAVE is among the easiest credit cards to get because of its low minimum income requirement. The minimum Income for salaried applicants is Rs.20,000 per month and for self-employed applicants, it is Rs. 30,000 per month.

SBI SimplySAVE Credit Card is the right choice for you if you want to get rewarded for your regular shopping but do not want to pay a high annual fee.

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Bottom Line

SBI SimplySAVE Credit Card is best suited for the frequent shoppers who would not want to pay a high annual fee and get rewarded for all the expenses. With SBI SimplySAVE, you will get extra rewards on dining, movies, and departmental store purchases. The approval rate is quite good and the card comes with a complete waiver on the renewal fee. Hence this can be an attractive choice to consider.