SBI Simply Save Credit Card
Maximum savings on everyday spending
Annual Fee
ā¹499 + GST
Cashback Rate
Up to 10%
Grocery Savings
5% Cashback
Key Features & Benefits
5% Grocery Cashback
Earn 5% cashback on grocery shopping up to ā¹1,000 per month
1% Fuel Cashback
Get 1% cashback on fuel purchases nationwide
10% Online Cashback
Earn up to 10% cashback with partner merchants online
0.25% Base Cashback
Get 0.25% cashback on all other purchases
Welcome Gift
Get ā¹500 cashback on spending ā¹1,000 in first 60 days
Fraud Protection
24/7 fraud monitoring and zero liability on lost card
Cashback Structure
| Category | Cashback Rate | Monthly Cap |
|---|---|---|
| Grocery Stores | 5% | ā¹1,000 cashback per month |
| Fuel Stations | 1% | ā¹500 cashback per month |
| Partner Merchants | Up to 10% | As per offer terms |
| All Other Spends | 0.25% | No cap |
Cashback Credit: Automatically credited to card statement
Minimum Cashback: ā¹99 for redemption
Cashback Validity: 3 years from credit date
Special Benefits
Personal Accident Cover
Complimentary personal accident insurance coverage
Purchase Protection
Protection against theft and accidental damage
Contactless Payments
Secure tap & pay technology for quick transactions
24/7 Customer Support
Round-the-clock customer service assistance
Fees & Charges
Annual Fee
ā¹499 + GST
Joining Fee
ā¹499 + GST
Fee Waiver
On ā¹1,00,000 annual spends
Interest Rate
3.35% per month
Cash Advance Fee
2.5% (Min ā¹500)
Foreign Currency Markup
3.5%
Eligibility Criteria
Requirements
- Age: 21-65 years
- Minimum Income: ā¹20,000 per month (Salaried)
- Minimum Income: ā¹2,00,000 per annum (Self-employed)
- Credit Score: 700+ (preferred)
- Existing SBI account preferred
- Stable employment history
Required Documents
- Identity Proof (Aadhaar/PAN/Passport)
- Address Proof (Aadhaar/Utility Bill)
- Income Proof (Salary slips/ITR)
- Bank Statements (3 months)
- Employment proof/Business registration
- Photographs (passport size)
Pros & Cons
ā Pros
- High grocery cashback (5%)
- Low annual fee (ā¹499)
- Instant cashback credit
- Good for SBI customers
- Simple cashback structure
- Fuel cashback included
- Trusted bank brand
ā Cons
- Low base cashback rate (0.25%)
- Monthly caps on high cashback categories
- No airport lounge access
- Limited premium benefits
- Minimum cashback redemption threshold
- Higher eligibility criteria than some cards
User Reviews
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Perfect For
- ā Frequent grocery shoppers
- ā SBI account holders
- ā Cashback seekers
- ā Middle-income professionals
- ā Those who prefer simple rewards