Eligible spend
1 points per ₹150 on eligible spend
SBI VISA
SimplySAVE
Should you get this?
Conditional fit
Why this card
- 10 pts / ₹150 on eligible departmental Stores, dining, grocery, and movies
- You spend on departmental Stores.
Trade-off
The annual fee (₹499) is waived only when eligible annual spend exceeds ₹1,00,000.
Annual fee ₹499 per year
Rewards 1 pt / ₹150 base
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 aboveScopeRateEligibilityLimit
General spend1 pt / ₹150Credited as reward pointsDoes not earn on —
- fuel
Departmental Stores10 pts / ₹150Credited as reward points5,000 points per month — shared across Departmental Stores, Dining, Grocery & Movies
Dining10 pts / ₹150Credited as reward pointsShared across Departmental Stores, Dining, Grocery & Movies
Grocery10 pts / ₹150Credited as reward pointsShared across Departmental Stores, Dining, Grocery & Movies
Show all 5 earning rules (1 more)
Movies10 pts / ₹150Credited as reward pointsShared 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
- Cash redemption value₹0.25 per Reward Point
How to avoid the annual fee
Spend threshold for waiver Above ₹1L annual eligible spend required for the waiver
Above ₹1L eligible annual spend waives the fee
Reward reality — the earning-rate detail behind the numbers above
Reward reality
Conclusion · what you actually getVerified value
₹0.25 per point
Cashback
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
No reward on
- Fuel
Realisation
Credited as reward points
Costs & fees
Spending requirements
Spend gates · caps · milestone thresholdsRequirementAmountPeriodUnlocks
Annual fee waiver₹1,00,000yearAnnual fee waiver
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). Up to ~330 pts/month if the entire spend qualifies. Excluded transactions and category rules earn less. Partner bonuses aren't included.
- Worth ~₹80 at the conservative redemption floor
- 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 factsBenefits
Lounge Access
- Domestic (cardholder)
- No complimentary lounge access
- International (cardholder)
- No international lounge entitlement documented by the issuer Absence of an international claim on the product page is not proof of exclusion. Visa or programme terms may still apply.
Issuer documented · corroborating sources · 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.
- Cash redemption value
- ₹0.25 per Reward Point Issuer headline channel — full channel grid in Redemption value.
Fees & charges
Fees
- Monthly interest rate
- 3.75% / month
- Annual fee
- ₹499
- Joining fee
- ₹499 · verified 1 Jul 2026
- Fee waiver spend
- Above ₹1,00,000 · verified 20 Jun 2026 Annual fee waived on eligible anniversary-year spend above ₹1,00,000.
- Interest-free period
- Up to 50 days · verified 7 Jul 2026
- Late-payment charge
- ₹400–₹1,100 depending on outstanding balance Exact charge depends on your outstanding balance per issuer tiers.
International Use
- Forex markup
- 3.5%
Issuer documented · corroborating sources · 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- Fuel surcharge waived on transactions ₹500–₹3,000.
- Maximum waiver ₹100 per month.
- Fuel transactions do not earn reward points.
Fine print & compare
Compare with similar cards
Similar tier · similar benefitsThe fine print
Caps · exclusions · earning · redemption · last refreshCaps & limits
- Monthly cap: 5,000 points per month — shared across Departmental Stores, Dining, Grocery & Movies.
Exclusions
These spends do not earn reward points.
Financial
- Fuel
Latest update
- Annual fee: ₹499.
- Forex markup currently listed at 3.5%.
- No complimentary lounge access.
Common questions
From verified card factsIs 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 above ₹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 more
Guides matched to this card — not a random syllabus.
- How reward rate works
Pts / ₹100 without the marketing fog - Billing cycle
Statement date vs due date, clearly - How interest works
The real cost of paying the minimum