What is Annual Fee and Renewal Fee of the card?

The Annual Fee of the card is Rs. 499 + taxes. The Renewal Fee is Rs. 499 + taxes from second year onwards. Renewal Fee is reversed if annual spends for last year >= Rs. 1,00,000.

Can I use my card internationally?

Yes, you can use your SimplySAVE SBI CARD at over 24 million outlets across the globe, including 3,25,000 outlets in India. You can use your card to make payments at any outlet that accepts Visa / Master Card. You can withdraw cash from over 1 million Visa or MasterCard ATMs across the globe.

How can I apply for the card?

You can apply for an SBI Credit Card through our Website sbicard.com or via our Chatbot ILA. Alternatively, you can call SBI Card Helpline 39 02 02 02 (prefix your city STD code) or visit the nearest SBI branch.

Credit Cards

State Bank of IndiaVISA

SBI SimplySAVE Credit Card

RewardsEntryVisaMastercard

SBI SimplySAVE Credit Card

Entry-level rewards card with fee-waiver potential

Annual fee₹499Waived on ₹1.0L spend

Rewards0.45%0.67 Reward Point per ₹150

Forex markup3.5%3.5% on all foreign currency transactions

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Welcome benefits

worth ₹500

2,000 Bonus Reward Points worth ₹500 on spend of ₹2,000 or more in first 60 days

Type: Reward Points
Trigger: Spend ₹2,000 within 60 days

Rewards

Base earn rate

1 Reward Point per ₹150 spent on all other spends

Category	Rate	Cap
Dining	—	—
Movies	—	—
Departmental Stores	—	—
Grocery	—	—

• Reward Points are valid for a period of 24 months (for all cards except AURUM). For AURUM, Reward Points never expire.
• Redemption fee: ₹99

Fees & charges

Joining fee: ₹499 + taxes
Annual / renewal fee: ₹499 + taxes
Annual fee waiver: Renewal Fee is reversed if annual spends for last year >= ₹1,00,000
Add-on card fee: Nil
Interest rate: Finance Charges: 3.75% p.m. (45% p.a.) for unsecured cards; 2.75% p.m. (33% p.a.) for Shaurya, Defence Cards and Secured cards. Minimum Finance Charges ₹25
Interest-free period: 50 days
Cash advance fee: 2.5% of transaction amount (subject to a minimum of ₹500)
Overlimit fee: 2.5% of the overlimit amount that exceeds the credit limit or ₹600, whichever is higher, will be levied. Overlimit Fee will be levied only once per billing cycle.
Payment dishonour: In case of a Payment Dishonor, cardholder will be charged payment dishonor fee of 2% of Payment Amount subject to minimum charges of ₹500
Forex markup: 3.5% on all foreign currency transactions
DCC markup: 3.50%
Reward redemption: ₹99 per redemption
Fuel surcharge: 1% waiver, on ₹500–₹3000 txns, max ₹100/cycle

Late payment

Outstanding amount	Late fee
₹0 – ₹100	Nil
₹100 – ₹500	₹100
₹500 – ₹1,000	₹500
₹1,000 – ₹10,000	₹750
₹10,000 – ₹25,000	₹950
₹25,000 – ₹50,000	₹1,100
Above ₹50,000	₹1,300

View official MITC →

Eligibility

Salaried: minimum ₹18,000/month income. Self-employed: 2+ years of filed ITR showing equivalent annual income. Age 21–65. CIBIL 700+ recommended.

Features

✓ Contactless✓ International usage

Additional features

Utility bill payment facility
Flexipay EMI conversion
Balance transfer on EMI
Global acceptance at over 24 million outlets
Cash withdrawal from over 1 million ATMs globally

Is this card worth it for you?

Your monthly spend

₹10,000₹5,00,000

Dining — 1.67% back

0% of spend100% of spend

Movies — 1.67% back

0% of spend100% of spend

Remaining 65% of spend earns the 0.17% base rate.

Rewards / year

₹4,170

≈ 0.69% effective

Annual fee

₹0 (waived)

waived at ₹1,00,000/yr spend

Net steady-state return

+₹4,170/year

Strong fit at this spend

At ₹50,000/month, rewards outrun the fee by ₹4,170 a year.

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One-time joining fee (year 1 only): ₹499

One-time welcome benefit: ~₹500 — 2000 Bonus Reward Points on total purchase of Rs.2,000 or more within 60 days of receiving card; new cards only (not upgraded/re-issued/replaced/renewed); valid only for SimplySAVE with year-1 fee Rs.499; excludes cash withdrawals, balance transfer, Easy Money Draft spends; max 2000 points per account.

Based on published rates as of 2026-08-07; assumes 1 RP = Rs.0.25, anchored to issuer's stated welcome-offer value: 2000 Bonus Reward Points valued at `500 (equal to 1st-year fee) in SBI-hosted SimplySAVE value chart; also consistent with SBI's 'upto 2.5% Value Back (10 Reward Points on every Rs.100)' brochure claim. Redeemable against outstanding balance or Rewards Catalogue gifts; min 2000 RP to redeem; separate Reward Redemption Fee applies.. Rewards estimates, not guarantees.