SBI

SimplySAVE Credit Card

Good for online shopping across multiple brands.

SBI VISA

SimplySAVE

Should you get this?

Conditional fit

Verified

Why this card

Up to 10 pts / ₹150 on Departmental Stores
You spend on departmental Stores.
Departmental stores spends are your main use case and the reward cap still leaves enough value.

Issuer evidence · 9 sources →

Trade-off

The annual fee (₹499) is waived only after ₹1,00,000 of eligible annual spend.

Annual fee ₹499 per year

Rewards 1 pt / ₹150

Lounge access 0 no lounge

Forex markup 3.5% high

Compare with Axis Bank ACE →

Similar tier comparison

Rewards

Earning rules

Detail · from the summary above

General spend1 pt / ₹150——

Departmental Stores10 pts / ₹150—5,000 points per month — shared across Departmental Stores, Dining, Grocery & Movies

Dining10 pts / ₹150—Shared across Departmental Stores, Dining, Grocery & Movies

Grocery10 pts / ₹150—Shared across Departmental Stores, Dining, Grocery & Movies

Show all 5 earning rules (1 more)

Movies10 pts / ₹150—Shared across Departmental Stores, Dining, Grocery & Movies

One shared ceiling applies across 4 of these categories — they draw from the same cap pool.

Redemption value

What a Reward Point is worth

Cashback₹0.25 / pt

Annual fee break-even math

When does this card pay for itself

₹3L

Conservative yearly spend needed at the ₹0.25-per-point ranking floor.

Reward reality — the earning-rate detail behind the numbers above

Reward reality

Conclusion · what you actually get

Verified value

₹0.25 per point

Cashback

Base earn

1 points per ₹150 (~0.167% base (conservative redemption))

Best verified lane

Departmental Stores

10 pts / ₹150

View bonus categories →

Caps

Departmental Stores5,000 points per month — shared across Departmental Stores, Dining, Grocery & Movies

View full earning rules →

Costs & fees

Spending requirements

Spend gates · caps · milestone thresholds

Annual fee waiver₹1,00,000yearAnnual fee waiverreasonablestrong

Watch outs

Before choosing this card

Forex markup is 3.5%, so frequent international spends may be costly.

Estimated usage

Example usage at this monthly spend

₹

At this monthly spend, you'd earn: Based on the standard earn rate (1 pt / ₹150). ~330 pts/month. Category and partner bonuses aren't included in this estimate.
Fee waiver achievable at this spend
Forex cost ~₹1,750 per ₹50k international spend

Illustrative only, using current base rates and snapshot data.

Benefits & charges

Side-by-side facts

Benefits

Lounge Access

Domestic (cardholder): No complimentary lounge access

2 sources agree · verify issuer terms before applying

Where to verify

Issuer site (verified manually) , opens external site
Operator-verified anchor
International (cardholder): Not included

2 sources agree · verify issuer terms before applying

Where to verify

Issuer site (verified manually) , opens external site
Operator-verified anchor

Rewards

Base earn: 1 points per ₹150 value depends on redemption
Effective return (honest floor): ~0.167% base (conservative redemption) Conservative redemption floor; best documented path is not ranked on.
Headline point value: ₹0.25 per Reward Point (Cashback) Issuer headline channel — full channel grid in Redemption value.
Point validity: Points expire 2 years after earning

Fees & charges

Fees

Monthly interest rate: 3.75% / month
Annual fee: ₹499
Joining fee: ₹499 · verified 1 Jul 2026
Fee waiver spend: ₹1,00,000 · verified 20 Jun 2026 Below catalog median waiver (₹2,00,000 vs ₹1,00,000).
Interest-free period: Up to 50 days · verified 7 Jul 2026

International Use

Forex markup: 3.5%

4 sources agree · verify issuer terms before applying

Where to verify

CardInsider
BankBazaar
Shared Sbicard Com
Operator-verified anchor
Issuer site (verify current terms) , opens external site
Product tier: Entry-level

Travel & perks

Fuel Benefits

At the pump

No verified fuel benefit available.

Fine print & compare

Compare with similar cards

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The fine print

Caps · exclusions · earning · redemption · last refresh

Caps & limits

Monthly cap:5,000 reward points per month — shared across Departmental Stores, Dining, Grocery & Movies

Redemption & expiry

Expiry:24 months

Latest update

Annual fee: ₹499.
Forex markup currently listed at 3.5%.
No complimentary lounge access.

Common questions

From verified card facts

Is this good for lounge access?

No lounge access.

Is this good for international spends?

Forex markup is 3.5%, so frequent international spends may be costly.

Is the annual fee easy to recover?

Fee waiver applies at ₹1,00,000 annual spend. Verify eligible spend exclusions before counting on it.

When do welcome benefits arrive?

A welcome benefit is listed. Included items: Reward points equivalent to joining fee (2,000 pts) — welcome. Timing may depend on joining fee payment, card activation, first eligible transaction, or issuer processing.

Learn

Learn more

Guides matched to this card — not a random syllabus.

All guides →