SimplySAVE SBI Card
SBI Card · Checked 2026-10-09
SimplySAVE SBI Card is a paid card focused on shopping rewards, dining rewards and reward points, charging ₹499 annually before GST.
CardIQ editorial view
Our take
SimplySAVE SBI Card is a paid card focused on shopping rewards, dining rewards and reward points, charging ₹499 annually before GST.
Who it suits
- People who prioritise shopping rewards.
- People who prioritise dining rewards.
- People whose normal usage can recover the annual fee through relevant benefits.
Key strengths
- 10 points per ₹150 on eligible dining, movies, groceries and departmental stores.
- 1% fuel surcharge waiver on ₹500–₹3,000 transactions, capped at ₹100 per statement cycle.
Trade-offs to understand
- 1 point per ₹150 on other eligible purchases; 4 points have ₹1 redemption value.
- 1% fuel surcharge waiver on ₹500–₹3,000 transactions, capped at ₹100 per statement cycle.
- Renewal fee reversed at ₹1 lakh eligible annual spend.
CardIQ verdict
It deserves a place on the shortlist when your normal spending makes 10 points per ₹150 on eligible dining, movies, groceries and departmental stores valuable enough to clear the fee. Factor in this condition: 1 point per ₹150 on other eligible purchases; 4 points have ₹1 redemption value.
Compare before deciding
- IDFC FIRST SWYP — A similarly priced alternative for comparing shopping rewards and reward points.
- Axis Bank MY ZONE — A higher-fee option to compare for broader benefits around shopping rewards and reward points.
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Benefits, limits and conditions
- 1 point per ₹150 on other eligible purchases; 4 points have ₹1 redemption value.
- 1% fuel surcharge waiver on ₹500–₹3,000 transactions, capped at ₹100 per statement cycle.
- Renewal fee reversed at ₹1 lakh eligible annual spend.