Central Bank of India SimplySAVE SBI Card
SBI Card · Discontinued
Closed Central Bank of India variant of SimplySAVE: ₹499 fee (reversed at ₹1 lakh a year), 10 points per ₹150 on dining, groceries, departmental stores and movies up to 5,000 points a month, 1 point per ₹150 elsewhere (4 points = ₹1) and a 2,000-point welcome bonus. Issuance stopped on 26 Jul 2025.
- Annual fee
- ₹499 + GST a year
- Joining fee
- ₹499 + GST
- Fee waiver
- Annual fee waived on ₹1,00,000 spend per card year
- Base rate
- 1 point per ₹150 on all other spends: 1 SBI Card Reward Points per ₹150 (about 0.17% at cash value)
- Lounges
- None on record
- Forex markup
- 3.5%
- Data
- From bank documents, checked 6 Nov 2026
Main earn rates
- 10 points per ₹150 on dining, groceries, departmental stores and movies: 10 SBI Card Reward Points per ₹150 (about 1.67% at cash value)
Earns nothing on
- No points at petrol pumps and service stations (MCCs 5172, 5541, 5542, 5983)
- No points on wallet loads (MCCs 6540, 6541)
- No points on cash advances and balance transfers
- No points on rent (MCC 6513)
- No points on government-related transactions (MCCs 9399, 9311)
- No points on digital gaming platforms (MCCs 5816, 7993, 7994)
Where the sources disagree
- Terms booklet: The page links a "CBI-Simplysave-TnC.pdf" as this card's T&C; the address returns an error, so no card-specific booklet was read. Earn rates, caps and exclusions come from the page, SBI Card's notices, its exclusion lists and the Shop & Smile T&C.
- Status of existing cards: The notice says issuance was discontinued on 26 Jul 2025; the FAQ says existing cards stay active until holders get a new SBI Credit Card. We record the programme's end as `discontinued` because the issuer says the card is replaced, with the replacement dates unstated.
Terms the calculator does not value
- The accelerated rate does not apply at Metro Cash & Carry and Walmart either (Flipkart Wholesale is the rule wholesale-no-accelerated); neither has a merchant file.
Sources
- SBI Card Key Fact Statement (file dated 26 Aug 2026) (Schedule of charges, the bank's own, read 6 Nov 2026)
- SBI Card Most Important Terms and Conditions, common MITC (index date 14 Sep 2026) (Most important terms (MITC), the bank's own, read 6 Nov 2026)
- SBI Card customer notices page (26 Jul 2025 issuance notice, 1 Mar 2022 SimplySAVE earn-rate notice) (Bank notice, the bank's own, read 6 Nov 2026)
- SBI Card FAQ, Central Bank of India SBI Card Program discontinuation (FAQ, the bank's own, read 6 Nov 2026)
- Central Bank of India SimplySave SBI Card product-page data file (fees, rates, welcome bonus, fuel waiver) (Product page, the bank's own, read 6 Nov 2026)
- SBI Card Shop & Smile rewards programme T&C (accrual and caps by card, exclusions, redemption) (Reward terms, the bank's own, read 6 Nov 2026)
- SBI Card list of credit cards where reward points do not apply on rent payments from 1 Apr 2024 (Bank notice, the bank's own, read 6 Nov 2026)
- SBI Card list of credit cards where reward points do not apply on government-related transactions (Apr 2024 list, effective 1 Jun 2024) (Bank notice, the bank's own, read 6 Nov 2026)
- SBI Card list of credit cards where reward points do not apply on digital gaming platforms from 1 Dec 2024 (Bank notice, the bank's own, read 6 Nov 2026)