SBI SimplySAVE Credit Card

Features and Benefits:

5X reward points on dining, movies and groceries
1 reward point for every Rs. 100 spent on other categories
No annual fee for the first year
Minimum 15% savings on dining bills at over 2500 restaurants across India
Balance transfer facility available
Easy EMI options available

Eligibility Criteria:

Minimum age: 21 years
Maximum age: 65 years
Resident of India
Good credit score

Documents Required:

Proof of identity (Aadhar card, passport, driving license, etc.)
Proof of address (utility bill, Aadhar card, etc.)
Income proof (salary slips, bank statements, etc.)
PAN card
Passport-size photographs

How to Apply:

You can apply for the SBI SimplySAVE Credit Card online on the SBI website or by visiting a branch of SBI.

Fee and Charges:

Annual Fee: Rs. 499 (waived off on spending Rs. 90,000 or more in a year)
Interest Rate: 3.35% per month (40.2% per annum)
Cash Withdrawal Fee: 2.5% of the amount withdrawn or Rs. 300, whichever is higher
Late Payment Fee: Rs. 500 to Rs. 950, depending on the outstanding amount

Frequently Asked Questions about SBI SimplySAVE Credit Card

1. What are the benefits of SBI SimplySAVE Credit Card?

With SBI SimplySAVE Credit Card, you can earn reward points on every purchase, get fuel surcharge waiver, enjoy discounts on dining and more.

2. How can I apply for SBI SimplySAVE Credit Card?

You can apply for SBI SimplySAVE Credit Card online through the SBI Card website or by visiting a nearby SBI branch.

3. What is the annual fee for SBI SimplySAVE Credit Card?

The annual fee for SBI SimplySAVE Credit Card is Rs. 499.

4. How can I redeem the reward points earned with SBI SimplySAVE Credit Card?

You can redeem the reward points earned on SBI SimplySAVE Credit Card for a variety of options including gift vouchers, merchandise, and more through the SBI Card website.

5. Is there a limit on the number of reward points I can earn with SBI SimplySAVE Credit Card?

There is no limit on the number of reward points you can earn with SBI SimplySAVE Credit Card. The more you spend, the more points you earn.