SBI SimplySAVE Credit Card
SBI Card · Points/miles card · ₹499 annual fee
Fees & benefits
| Annual fee | ₹499 + GST — waived at ₹1,00,000/yr spend |
| Welcome benefit | ~₹500 value |
| Airport lounges | None |
| No rewards on | fuel, wallet, rent, government, emi |
Reward rates (with caps — the part that actually matters)
| Rule | Effective rate | Monthly cap | Applies to |
|---|---|---|---|
| 10X points on dining/movies/groceries/departmental stores | 1.67% | ₹1,250 | dining, entertainment, grocery |
| Base reward points (1 RP per ₹150) | 0.17% | Uncapped | all eligible spend |
What it's worth at your spend
Net annual value on a typical Indian urban spend mix (shopping-heavy, incl. groceries, dining, fuel, travel, bills), after caps and fees. Rank is out of all 50 cards we track.
Caveats & recent changes
10 reward points per ₹150 (RP = ₹0.25) on dining, movies, groceries and departmental stores, capped at 5,000 accelerated points (~₹1,250 value) per month; 1 RP per ₹150 on other spends.
Welcome: 2,000 reward points (₹500) on spending ₹2,000 within 60 days of issuance.
1% fuel surcharge waiver (₹500–₹3,000, up to ₹100/cycle). No complimentary lounge access.
Added 2026-07-13 as the popularity-policy replacement for the discontinued Myntra Kotak card.
Verified 2026-07-13 against official issuer sources (agent verification pass; manual human review unavailable).
Quick answers
Is the SBI SimplySAVE Credit Card lifetime free?
No, the annual fee is ₹499 (plus GST), waived on spending ₹1,00,000 a year.
What is the highest reward rate on the SBI SimplySAVE Credit Card?
1.67% — 10X points on dining/movies/groceries/departmental stores. Effective value depends on monthly caps; see the caveats on this page.
Does the SBI SimplySAVE Credit Card give airport lounge access?
No, the SBI SimplySAVE Credit Card does not include airport lounge access.