SBI Card SimplySave
SBI Cards · Visa
Why this card?
- 1.67% back in reward points on dining and food delivery, groceries and entertainment, up to ₹1,250 a month; 0.17% on other spends
- ₹499 joining and annual fee; renewal fee waived on ₹1 lakh yearly spend
- 1% fuel surcharge waiver
Card details
- Issuer
- SBI Cards
- Network
- Visa
- Annual Fee
- ₹499
- Joining Fee
- ₹499
- Reward Type
- points
- Best Reward Rate
- 1.67% on dining (capped at ₹1250/month)
- Forex Markup
- 3.5%
- Domestic Lounge
- None
- Min. Monthly Income
- ₹20,000
- Rates verified
- 2026-10-06
Our verdict
SBI SimplySAVE is a low-cost entry card built around four everyday categories: dining, movies, grocery and departmental stores earn 10 reward points per ₹150, against 1 point per ₹150 everywhere else. At 10 points per ₹150 the headline "10X" works out to roughly 1.7% value if you redeem points at the usual ₹0.25 each — useful, but not the 10% the name might suggest. A ₹499 fee that disappears at ₹1 lakh of annual spend makes it a sensible first SBI card for someone who spends mostly on food, groceries and movies.
Pros
- 10 reward points per ₹150 on dining, movies, grocery and departmental stores
- Renewal fee waived on ₹1 lakh annual spend
- Welcome bonus of up to 2,000 points for qualifying early spend
- Fuel surcharge waiver on fuel transactions of ₹500–₹3,000 (capped at ₹100 a month)
Cons
- Only 1 point per ₹150 (about 0.17%) outside the bonus categories
- 10X earn stops at 5,000 points a month
- No lounge access and a 3.5% forex markup
Frequently Asked Questions
What is the annual fee of the SBI SimplySAVE card?
The joining fee is ₹499 plus taxes and the renewal fee is also ₹499 plus taxes. The renewal fee is reversed when annual spends cross the waiver threshold — SBI Card publishes ₹1 lakh on the card page and ₹90,000 in its terms document, so plan for ₹1 lakh (about ₹8,300 a month) and confirm the current figure on sbicard.com.
How many reward points does SimplySAVE give on dining and groceries?
10 reward points for every ₹150 spent on dining, movies, grocery and departmental stores, and 1 reward point per ₹150 elsewhere. The 10X rate stops at 5,000 bonus points a month; after that, those spends earn the standard 1 point per ₹150.
Is SBI SimplySAVE worth it compared with a cashback card?
At the commonly cited ₹0.25 per point, the 10X categories return roughly 1.7% and everything else roughly 0.17%. A flat 1.5%–5% cashback card usually beats it unless most of your spend sits in dining, movies and groceries.
Does SimplySAVE have a welcome benefit?
Yes — 2,000 bonus reward points when you spend ₹2,000 or more within 60 days of receiving the card, per SBI Card's welcome-offer terms.
Does the SBI SimplySAVE card give airport lounge access?
No. It has no complimentary lounge access and charges a 3.5% foreign-currency markup, so it is not a travel card.