SBI Card
SBI SimplySAVE UPI RuPay Credit Card
Annual Fee
₹589₹499 + GSTBase Reward
0.17% points
Foreign Markup
3.5%
Welcome Benefits
2,000 Reward Points on Spending ₹2,000 in the First 60 Days
Product Highlights
- 10X Reward Points on movie, grocery, dining, and departmental store spends
- 1% fuel surcharge waiver
Category Rewards
dining
10X on dining, movies, groceries, departmental stores
10X
entertainment
10X on dining, movies, groceries, departmental stores
10X
grocery
10X on dining, movies, groceries, departmental stores
10X
Specialty
10X on dining, movies, groceries, departmental stores
10X
Specialty
1% UPI cashback (RuPay UPI spends)
1X
Fee Waiver
Waived on ₹1L annual spend
Reward Calculator
Earns ₹701/year (net)
Modest gain. Solid hold if you like the perks.
₹16K
across all your buckets
5.2K
SBI Reward Points
₹1.3K
via standard · ₹0.25/pt
Effective rate
0.67%
Annual fee
₹589
Year 1 net
+₹701
Year 2+ net
+₹701
ongoing
Adjust your spend by reward bucket
3 bucketsReal Reward Ceiling
Headline %s are gated by caps. Here's how far each accelerator stretches before it falls back to the base rate.
1% UPI cashback (RuPay UPI spends)
Headline: 1.00% effective
Surcharges & Exclusions
Watch-outs that quietly erode your effective rewards. Categories listed as “excluded” earn 0% even if the merchant looks normal.
Foreign exchange markup
3.5%Charged on every international (non-INR) transaction
Excluded from rewards
fuel, balance transfer, cash advance, emi, utility, insurance, jewelry, education, railways, wallet
Fuel surcharge waiver (good news)
1%on ₹500–₹3,000 fuel txns · capped at ₹100/cycle
Surcharges are typically charged 1 cycle after the transaction and may include GST. Always confirm with the bank's most recent T&C.
Rewards Details
Earn 10X Reward Points on movie, grocery, dining, and departmental store spends. 1 Reward Point for every ₹150 spent on other purchases.
- 1 Reward Point = ₹0.25
Benefits & Features
1% fuel surcharge waiver on transactions between ₹500 and ₹3,000 (capped at ₹100 per month)
Pros & Cons
Pros
- Low joining fee of ₹499
- Great reward points on spends
Cons
- No international or domestic lounge access
- No insurance benefits
- Reward redemptions will be chargeable at ₹99
Additional Info
Earn up to 5,000 accelerated points in a month; after reaching this cap, the normal reward rate shall be applicable.
Excluded Categories
Ready to apply?
Apply directly on the bank's official website. Quick approval, no hidden steps.
Apply NowOfficial bank website · Secure
Fees & Charges
Eligibility
Min Age
18 yrs
Salaried
₹0.2L+
Self-Emp
₹0.2L+
Networks
Fee Waiver
Waived on ₹1L annual spend