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SBI SimplySAVE Credit Card

SBI SimplySAVE Credit Card 2021: Read this article to know all about cashback, reward points, eligibility criteria etc. Now you can apply with Roopya.

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While we often use credit cards for purchases that involve huge expenditures, we keep wondering if we could have something to be used for daily purchases. Well, if that’s your concern, SBI SimplySAVE Credit Card is for you. It is something that can help you make daily purchases irrespective of the amount that you might need. With this SBI credit card, the cardholders get a chance to enjoy a whole lot of features and benefits. hence, from grocery shopping to buy something as big as a refrigerator, you can use this SimplySAVE SBI credit card for any kind of big or small purchase.

About the SBI SimplySAVE Credit Card

As soon as you are convinced to own this credit card, the next thing that you need to be prepared for is to pay the joining fee. Well, the good news is that there is no joining applicable for this card. The annual fee for renewing this card every year, however, is Rs. 499. If you are a shopaholic who cannot resist buying something they want, you can use these credit cards. This card from SBI, however, is for the frequent shoppers who must not regret not having cash if they like to buy something.

Use the SBI card as much as possible to make your purchase amount reach over Rs. 1 lakh in a year. This will get your annual fee waived for the next year. Isn’t that great? Of course, it is. After all, you will not have to pay anything to enjoy the best features and benefits of the card for the entire upcoming year. The best part is that these cards give you multiple shopping benefits, help you earn lots of reward points as a loyal customer.

Features of SBI SimplySAVE Credit Card

As soon as you become the SimplySAVE SBI credit cardholder, you will be exposed to enjoying multiple features, especially related to your shopping habits. So, what else could you ask for? Let’s have a quick look at the features that this SBI credit card has to offer you no matter you shop for groceries, movie tickets, dining, or others.

Contactless

Today, when the pandemic demands social distancing and people are restricting coming in contact with anyone whosoever he/she is, the contactless feature appears to be an advantage for them. You can make the payment conveniently simply by waving the card in front of the card reader. As soon as you wave the card, the payment gets made.

Being contactless, this SimplySAVE SBI Credit Card is less likely to be lost. How? In the case of the traditional credit cards, you needed to provide your card to shopkeepers who used to swipe the same in the POS to make transactions happen. In the process, many cardholders either left their cards at the cash counter or lost them due to misplacement. On the contrary, the contactless card remains in your hands while you wave it for transactions to take place. As a result, there is no chance of getting it misplaced.

Fast & Convenient

Wave and make payment is the feature that makes transaction-making easier for both shopkeepers and customers. Even if users wave the card multiple times at the reader, the security key that is unique for every transaction will ensure that only one transaction is made for the purchase made at that time.

Being the best for use for any kind of minor or major purchase, these cards are highly recommended for and sought-after by customers. You will never have to have cash in your pocket all the time when you have these SBI cards with so many features and benefits altogether.

Globally Accepted

This card, suitable for any kind of purchase at departmental stores and grocery outlets, is accepted worldwide. This SBI credit card is supported at more than 24 million outlets, which also includes 3,25,000 outlets in India. If you are worried if your card will be accepted outside India, you can take a sigh of relief as this SimplySAVE option is there to help you. Any outlet accepting Visa or MasterCard will accept this one as well.

Add-On Cards

The SimplySAVE card gives users an opportunity to apply for add-on cards for family members as well. You can have it for your parents, siblings, spouse, or children. The only criterion is that the card user should be 18 or above in age.

Get Cash on the Go

You can conveniently withdraw cash for purchases that necessarily need cash or the outlets do not have a card payment facility. You can withdraw the money from more than 1 million ATMs supporting the use of Visa and MasterCard worldwide.

Utility Bill Payments

The Easy Bill Pay feature of the card allows you to pay the electricity, telephone, mobile, and other utility bills conveniently. Hence, you no more need to go to the physical establishments to pay your bills. You can do it conveniently with your SimplySAVE card.

EMI Balance Transfer

When you have loans scattered all over, the best thing is to bring all of them together in one place for repayment. When you are the SimplySAVE card user, you can do so. You can transfer all outstanding balances of different banks to this card and make repayments in EMIs. The best part is that you can enjoy a lower interest rate.

FlexiPay

If you have made heavy purchases, this card gives you an opportunity to pay back in the form of monthly installments. The purchase amount, however, should be Rs. 2,500 or more. To convert the amount into EMIs, you need to log in with the username and password to the official website. You should do it within 30 days of the purchase made. This will make payment flexible for you irrespective of the amount you have shopped for.

Easy Money

This is the feature that helps the SBI card users to get a draft or cheque against the cash limit. The draft or cheque is delivered to the user’s doorstep.

Other SBI Cards: SBI SimplyCLICK Credit Card

Benefits of SBI SimplySAVE Credit Card

Besides the unique features that these credit cards offer, there are multiple benefits that make them the most sought-after card alternatives for users:

Welcome Offer

Very few credit cards have the joining offer for you. Among them is this SimplySAVE credit card for you. As soon as you join the group of card users, you receive Rs. 100 cash back on the first cash you withdraw from the ATM. However, you should keep in mind that this offer will be valid for users only within 30 days of the receipt of the card.

In addition, you will receive 2,000 bonus reward points as soon as you reach the limit of Rs. 2000 while making purchases in the first 60 days of the card issuance.

Reward Point

The reward points the usage of this card offers are many. You can earn reward points per Rs. 100 purchase. The best part of using this card is that when you are making dining, movies, stores, and grocery spends, you will be eligible to receive 10x reward points. Hence, to enjoy the best reward points program, you can apply for this SimplySAVE credit card soon.

Fuel Surcharge Waiver

If you use your cars frequently for commuting, this SimplySAVE credit card will help you enjoy fuel surcharge benefits as well. If you spend between Rs. 500 and Rs. 3,000 at any fuel station across India, you will be eligible for the fuel expenditure benefits, which will be a maximum of Rs. 100 in one statement cycle

Annual Fee

The annual fee for these SBI credit cards is quite less compared to what is charged by other banks for the cards they offer. You only need to pay Rs. 499 to join as the cardholder and the same amount as an annual fee for renewing the card every year. In case you have made a purchase of Rs 1 lakh or more a year, you will receive an annual fee waiver for the upcoming year.

Easy Application

The SimplySAVE card makes you apply for it quite easy. You just need to visit the official website of SBI and make an online application along with the supporting documents attached with the application. Once you apply, your documents are verified and all your filled-in information is validated. If all goes well, you will receive the card in just 7 days.

Income Requirement is Lenient

While applying for different credit cards, individuals need to have a good earning. This is what restricts many from applying for credit cards no matter how urgently they require it, With SimplySAVE SBI card, you can apply for it if your monthly income is Rs. 20,000 as a salaried employee. If you are a self-employed individual, you will need an earning of Rs. 30,000 per month.

Eligibility Criteria for SBI SimplySAVE Credit Card

If you are already excited to know the features and benefits that you are eligible to enjoy, there is still something crucial you require knowing about. To ensure you get to enjoy the facilities that the SimplySAVE card has for you, you have to fulfill certain eligibility criteria. Only if you are eligible, you can apply for the same.

To find if you satisfy the eligibility criteria, you can follow the below-mentioned steps:

  • Visit SBI’s official website
  • On the SBI Credit Cards tab, go to the “Simplyfier” page
  • You will be asked questions one by one for the bank to know your personal and professional details, including your income and expense-related information.
  • You will be required to select your income range and other options
  • After you finish answering all the questions, click on “Show My Card”

Following the above-mentioned steps will let you have a list of cards you will be eligible to apply for. If you are found eligible for applying for an SBI SimplySAVE credit card, the list will have it as one of the options. If SimplySAVE is not on the list, you are not eligible to make an application for it.

Documents Required for SBI SimplySAVE Credit Card

If you have found the credit card option on the list, the next thing you need to know of is the documents required to be attached with the application. Before you apply for the SimplySAVE card, you should get your documents and credentials ready. The list of documents required include:

  • Proof of identity
  • Proof of residence
  • PAN Card
  • Proof of income
  • Passport size photograph
  • Bank statement

How to Apply for SBI SimplySAVE Credit Card?

Once you have checked the eligibility criteria and arranged all the documents required, the next step is to apply for the card. There are two ways in which you can apply:

Using SBI official website

  1. Visit the official website of SBI
  2. Click on Credit Cards from the menu bar
  3. Scroll down and search for SimplySAVE SBI card
  4. Click on Apply Now for the same
  5. Fill in the application form E-Apply tab, asking for your personal, professional, and other details.
  6. Click Submit
  7. Upload the required documents to continue

 

Using Roopya

  1. Go to roopya.com
  2. Click on the Credit Cards option from the menu bar
  3. Select SBI Bank to be taken to the official website of the bank
  4. Select SimplySAVE SBI card
  5. Fill in the application form
  6. Click Submit
  7. Upload the required documents to continue

 

As soon as you submit the application with all the documents attached along with it, you will receive an acknowledgment message with an application ID, which you can use to track your application status.

Fee & Charges

  1. Joining Fee – Nil
  2. Annual Fee – Rs. 499 (one-time)
  3. Renewal Fee – Rs. 499 (per annum to be paid from the second year)
  4. Add-on fee – Nil (per annum)
  5. Cash advance fee – 2.5% of the amount withdrawn or Rs. 500 for domestic & overseas ATMs
  6. Finance charges – 3.50% per month or 42 % per annum
  7. Cash payment fee – Rs. 199 + taxes applicable
  8. Payment dishonor fee – 2% of the amount payable or a minimum of Rs. 450
  9. Late payment fee
  10. Upto Rs. 500 – Nil
  11. Rs. 501 to Rs. 1, 000 – Rs. 400
  12. Rs. 1,001 to Rs. 10,000 – Rs. 750
  13. Rs. 10,001 to Rs 25,000 – Rs. 950
  14. Rs. 25,001 to Rs. 50,000 – Rs. 1,100
  15. Above 50,000 – Rs. 1,300
  16. Statement Request Fee – Rs. 100 per statement, which is 2 months old or more
  17. Card Replacement Fee – Rs. 100 to Rs. 250
  18. Cheque payment charge – Rs. 100
  19. Over-limit charges – 2.5% of the over-limit amount or a minimum of Rs. 600
  20. Reward Redemption Fee – Rs. 99
  21. Foreign Currency Transaction Fee – 3.50%

FAQs

What is SimplySAVE SBI card?

SBI SimplySAVE credit card is something that can help you make daily purchases irrespective of the amount that you might need. With this card, the cardholders get a chance to enjoy a whole lot of features and benefits. hence, from grocery shopping to buy something as big as a refrigerator, you can use this SimplySAVE SBI credit card for any kind of big or small purchase.

What is the annual fee for SimplySAVE SBI card?

The annual fee for renewing this card every year, however, is Rs. 499. You can use the SBI card as much as possible to make your purchase amount reach over Rs. 1 lakh in a year. This will get your annual fee waived for the next year.

What are the benefits of SBI simply click credit card?

The benefits include:

  • Global acceptance
  • Easy utility bill payments
  • Huge reward points
  • Easy EMI conversions
  • Balance transfers are convenient
  • The application process is simple
  • Income requirement is considerate
  • You can withdraw cash on the go
  • You can have add-on cards for family members
  • Get a fuel surcharge waiver

How to Apply for SBI SimplySAVE Credit Card?

There are two ways in which you can apply:

Using SBI official website

  1. Visit the official website of SBI
  2. Click on Credit Cards from the menu bar
  3. Scroll down and search for SimplySAVE SBI card
  4. Click on Apply Now for the same
  5. Fill in the application form E-Apply tab, asking for your personal, professional, and other details.
  6. Click Submit
  7. Upload the required documents to continue

 

Using Roopya

  1. Go to roopya.com
  2. Click on the Credit Cards option from the menu bar
  3. Select SBI Bank to be taken to the official website of the bank
  4. Select SimplySAVE SBI card
  5. Fill in the application form
  6. Click Submit
  7. Upload the required documents to continue

What are the Reward Points on the SimplySAVE SBI Card?

The reward points the usage of this card offers are many. You can earn reward points per Rs. 100 purchase. The best part of using this card is that when you are making dining, movies, stores, and grocery spends, you will be eligible to receive 10x reward points. Hence, to enjoy the best reward points program, you can apply for this SimplySAVE credit card soon.

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