एसबीआई सिम्पलीसेव क्रेडिट कार्ड
जारीकर्ता बैंक / संस्था: State Bank of India (SBI Card)
Entry-level grocery, supermarket, dining, and cinema credit card offering 10X reward points on daily living expenses and a ₹1 Lakh spend-based fee waiver.
💳कार्ड विवरण एवं मुख्य लाभ (Card Overview & Benefits)
कार्ड का संक्षिप्त विवरण
SBI SimplySAVE is an entry-level lifestyle credit card engineered for Indian households and budget-conscious individuals who spend predominantly on everyday essentials — groceries, supermarket visits, family dining, and cinema outings. It converts mundane daily household expenses into accelerated 10X reward points without demanding prohibitive income thresholds.
2,000 bonus Reward Points (worth ₹500) on spending ₹2,000 or more within the first 60 days of card issuance.
No complimentary airport lounge access is included with this entry-level rewards card.
1% fuel surcharge waiver on transactions between ₹500 and ₹3,000 across all petrol pumps in India (maximum waiver of ₹100 per billing cycle).
Annual renewal fee waiver of ₹499 on annual retail spends crossing ₹1,00,000 in the previous card anniversary year.
📋पात्रता मानदंड एवं नियम (Eligibility & Requirements)
पात्रता की शर्तें
Salaried individuals employed with established private/public entities or Self-Employed professionals/business owners with steady audited turnover. Minimum age is 21 years (maximum 70 years).
न्यूनतम वार्षिक आय आवश्यकता
₹3,00,000 per annum (Salaried) / ₹4,80,000 per annum (Self-Employed ITR)
📂आवश्यक दस्तावेज (Required Documents)
1. PAN Card (mandatory statutory requirement) 2. Proof of Identity & Address: Aadhaar Card, Passport, Voter ID, or Driving License 3. Proof of Income: Last 3 months' salary slips with bank statement showing salary credit (for salaried) OR Latest ITR with Computation of Income and 6 months' bank statements (for self-employed) 4. Passport-size photograph (captured digitally during V-KYC).
⚠️क्या कमी है / महत्वपूर्ण शुल्क चेतावनियां (Honest MITC Disclosures & Hidden Costs)
Forex markup is 3.50%, making it expensive for international usage. The 10X accelerated rewards carry a strict monthly cap of 5,000 points. Essential categories including rent, fuel, utilities, and wallet loads earn zero rewards. A redemption processing fee of ₹99 + GST applies whenever reward points are converted to catalog items or statement cash.
🚀आवेदन के चरण (How to Apply)
Step 1: Visit sbicard.com/apply or open the YONO SBI app and select SBI SimplySAVE Credit Card. Step 2: Select card and check instant eligibility (soft pull with zero impact on CIBIL credit score). Step 3: Fill online application form with personal, residence, and occupational details (takes 5–10 minutes). Step 4: Upload required KYC documents (Aadhaar, PAN, and latest salary slip/ITR proof). Step 5: Complete digital verification via online Video KYC (or schedule branch verification for first-time applicants). Step 6: Card dispatched within 5–7 working days via secure speed post; activate via SMS or SBI Card App.
❓अक्सर पूछे जाने वाले प्रश्न (FAQs)
What happens if I miss the minimum payment due on SBI SimplySAVE Credit Card?
If you do not pay at least the Minimum Amount Due (MAD) on or before the due date, late payment penalties will be charged according to the issuer's tariff: Nil for outstanding up to ₹500; ₹400 for ₹501–₹1,000; ₹750 for ₹1,001–₹10,000; ₹950 for ₹10,001–₹25,000; ₹1,100 for ₹25,001–₹50,000; ₹1,300 for outstanding above ₹50,000 (+ 18% GST).. In addition, revolving finance charges at Up to 3.50% per month (42.00% per annum) calculated from the transaction date on unpaid balances and subsequent fresh purchases. will be calculated from the original transaction dates on all outstanding balances and fresh purchases. You will lose the interest-free grace window, and the overdue record will be transmitted to credit bureaus (CIBIL, Experian, CRIF High Mark), adversely impacting your credit score.
Can I convert transactions on SBI SimplySAVE Credit Card into EMI?
Yes, State Bank of India (SBI Card) provides merchant EMI and post-purchase in-app EMI conversion options for eligible transactions (typically above ₹1,500 to ₹2,500). Cardholders can configure repayment schedules from 3 to 24 months via the bank's mobile application, net banking dashboard, or SMS prompt. Conversion is subject to a nominal one-time processing fee (usually 1% to 2% + 18% GST) and tenure-based interest charges.
How do I track and redeem reward points or cashback on SBI SimplySAVE Credit Card?
You can monitor accrued reward points or cashback by accessing your monthly e-statements or logging into State Bank of India (SBI Card)'s official mobile banking application or web portal. 4 Reward Points = ₹1.00 (1 Reward Point = ₹0.25). Points can be redeemed for statement credit, gift vouchers, or catalog merchandise via sbicard.com. Please note: Reward points expire 24 months (2 years) from the date of accrual.
What is the interest-free grace period on SBI SimplySAVE Credit Card and how does it work?
The interest-free period on SBI SimplySAVE Credit Card is 20 to 50 days (applicable only when the total outstanding balance from the previous billing cycle was settled in full by the due date).. This benefit is applicable strictly when the full Total Amount Due from the previous billing cycle was cleared by the payment due date. If any residual balance is carried forward, all purchases immediately incur daily finance charges (Up to 3.50% per month (42.00% per annum) calculated from the transaction date on unpaid balances and subsequent fresh purchases.) with zero grace period. ATM cash withdrawals never receive a grace period and incur interest and cash advance fees from the withdrawal timestamp.