SimplySAVE SBI Card
SBI Card · Open to apply
An entry rewards card for everyday spending: 10 points per ₹150 on dining, movies, groceries and departmental stores, up to 5,000 points a month, and 1 point per ₹150 elsewhere. Points are worth ₹0.25, so that is about 1.7% and 0.17%.
- 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, movies, groceries and departmental stores: 10 SBI Card Reward Points per ₹150 (about 1.67% at cash value)
Earns nothing on
- No points on fuel (MCCs 5172, 5541, 5542, 5983)
- No points on wallet loads (MCCs 6540, 6541)
- No points on cash advances, balance transfers and Encash
- No points on Flexipay and other EMI conversions
- 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
- Fuel surcharge waiver cap period: The T&C says a maximum of ₹100 "per month"; the product page says ₹100 per statement cycle, per card account.
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.
- Points earned on transactions that get an instant-discount or cashback offer are forfeited; if the balance is short, the deficit is debited to the card.
Sources
- SimplySAVE SBI Card product-page data file (fees, rates, welcome points, fuel waiver) (Product page, the bank's own, read 6 Nov 2026)
- SimplySAVE SBI Card Terms and Conditions booklet (PDF of 8 Oct 2026) (Reward terms, the bank's own, read 6 Nov 2026)
- SBI Card Key Fact Statement (file dated 26 Aug 2026) (Schedule of charges, the bank's own, read 6 Nov 2026)
- SBI Card Shop & Smile rewards programme T&C (accrual caps by card, exclusions, redemption) (Reward terms, the bank's own, read 6 Nov 2026)
- SBI Card customer notices page (29 Mar 2026 statement-credit redemption notices) (Bank notice, 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 from 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)
- SBI Card apply page, eligibility (Product page, the bank's own, read 6 Nov 2026)
- SBI Card Most Important Terms and Conditions, common MITC (Most important terms (MITC), the bank's own, read 6 Nov 2026)