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SBI SimplySAVE credit card: fees, features & benefits

SBI SimplySAVE credit card: fees, features & benefits

December 30, 2021
10 min read
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save the big bucks while you shop

the SBI SimplySAVE credit card, as the name goes is a card that offers incredible savings on purchases. the card comes with a welcome bonus, attractive reward points, along with a complete waiver on the renewal fee. this card helps you save on shopping whether it is travel related or just buying groceries.
does this look like the card you'd like to own? then look no further. we've got you covered on all the features, the step-by-step application process, the eligibility criteria as well as fees and charges related to the card.



attractive reward points

10 reward points on ₹100 spent on dining, movies, and groceries 
1 reward point on ₹100 spent on all other categories except dining, movies, and grocery

fuel surcharge waiver

1% fuel surcharge waiver on fuel transactions between ₹500-₹3,000 at any petrol pump across India
maximum waiver of up to ₹100 per statement cycle

welcome bonus

2000 reward points on an expenditure of ₹2000 or more in the first 2 months

annual fee waiver

annual membership reversal on spending ₹1 lakh or more in the annual year

free add-on card

free add-on cards for your spouse, parents, siblings, and kids above the age of 18

flexipay benefit

with flexipay, convert transactions above ₹2500 into easy EMIs

how do i apply for the card?

  • go to and click on credit cards > shopping cards > SimplySAVE SBI card.
  • the page of SimplySAVE SBI credit card will open listing its fees and charges, benefits and more. fill in the required details and then click on ‘i want to apply now’. a credit card application form will load.
  • fill all your details in that form including PAN card number and income. an OTP will be sent to your mobile number for verification.
  • based on your financial details, the bank will approve/reject your application.
  • after you have applied for the credit card, you can also track your SBI credit card application status online.

how do i check if i'm eligible?

  • visit the SBI Simplyfier page. 
  • click on ‘your income and expense information’.
  • select your income and monthly expenditure and then click on ‘show my card’.
  • based on the information provided, you will be shown a list of cards for which you are eligible. if SBI SimplySAVE card is present in that list, it means you have met the eligibility criteria required for the card. 

what are the documents i need to submit?

  • identity proof: PAN card/Aadhaar card/voter ID/driving license (any one of these documents is required)
  • address proof: passport/driving license/electricity bill/gas bill (any one of these documents is required)
  • duly filled credit card application form
  • income proof: ITR documents and salary slips of last 2 months 
  • passport-size coloured photographs

recently applied for a SBI credit card? a quick tip from us to check out CRED before you make your SBI credit card payment. CRED is an app that offers premium deals and rewards when you make your credit card payment on time. download CRED app now on your iOS or Android device!

types of charge


annual fee (one-time)


renewal fee (per annum)


add-on card fee


finance charges

2.5% per month

cash advance fee

2.5% of the amount withdrawn

returned payment fee

2% of the total amount

late payment fee


over limit charges

2.5% of the over limit amount

card replacement fee


rewards redemption fee


minimum amount due

5% of the total outstanding amount

frequently asked questions (FAQs)

how do i contact the customer care of SBI SimplySAVE credit card?

you can dial this toll-free number 1860-180-1290 to get in touch with the customer service representatives.

what are the different tenures available for booking flexipay?

flexipay can be booked for a period of 6, 9, 12, or 24 months. if your booking amount is equal to or greater than ₹30,000, then you can also book it for a tenure of 36 months.

can an add-on cardholder avail the facility of flexipay?

no, flexipay can only be booked on a primary card.

how can i check the available balance of my card?

you can check the balance in the following ways:

  • SMS: SMS BAL (space) last 4 digits of your SBI card to 5676791 from your registered mobile number.
  • netbanking: login to your netbanking account and check the available credit and cash limit in the account summary section.
  • missed call: from your registered mobile number, give a missed call to 8422845513 and an instant SMS will be sent to your mobile with the balance details.

how can i redeem my reward points?

you can redeem your reward points in the following ways:

  • login to with your user ID and password.
  • click on rewards > redeem rewards.
  • you can browse through the rewards catalogue and select the item of your choice.
  • after that, click on ‘redeem now’ and confirm.

do the reward points on my card expire?

yes, the reward points will expire after a period of 24 months.

in what form can i redeem my reward points?

you have the following options to redeem reward points against your credit card:

  • you can select the gift vouchers to redeem your reward points via netbanking.
  • in the rewards catalogue, you can also select gift items and those products will be delivered to you within 15-30 days.
  • you can also get in touch with our customer care or write to us at to redeem your reward points against cash.

where can i pay my SBI SimplySAVE credit card bill payment?

you can make your SBI credit card bill payments through CRED app.