SBI SimplySAVE Credit Card

SBI Simply SAVE Credit Card Features & Benefits

SBI SimplySAVE Card is a basic yet a popular credit card offered by SBI Card. As the name suggests, the card comes with exclusive saving opportunities as you can save almost every time you spend using it. The following explained features and benefits of the card will make you understand how you can save more and more using this card:

Welcome Benefits:

2,000 Bonus RPs that are worth Rs. 500 on the expenditure of Rs. 2,000 in the first 60 days of card activation.

Milestone Benefit:

The annual renewal fee of the card for the card can be waived on spending Rs. 1 Lakh or more in the previous year.

Fuel Surcharge Waiver:

For every fuel transaction between Rs. 500 and Rs. 3,000 the cardholder can get a 1% waiver on fuel surcharge. Note that a maximum of Rs. 100 per month can be waived off.

Simply SAVE SBI Credit Card Rewards:

• 1 Reward Point for every Rs. 150 spent (Reward rate = 0.25%).
• 10X Reward Points for every Rs. 150 purchase made on dining, departmental stores, movies, and grocery spending (reward rate = 2.5%).

Reward Points Redemption:

Redeem the RPs earned with the Simply Save card for an array of categories including shopping, purchasing gift vouchers, etc, and you can even use it against your card’s statement balance. You can redeem the SimplySave card reward points as follows:

• Against gift vouchers by logging in to sbicard.com or via SBI mobile app.
• Against card’s outstanding amount through internet banking.
• 1 Reward Point = Rs. 0.25, i.e, 4 Reward Points = Re. 1.

SBI SimplySAVE Credit Card Fees & Charges

It’s really essential to be aware of the fees & charges associated with a credit card before you apply for it. The annual fee is not the only fee charged by credit cards, but there are a lot of other charges as well. These charges include interest rate, forex markup fee, cash advance fee, and many more. Refer to the following points to know the fees & charges on the SBI SimplySave Card:

• Joining & Annual fee: The annual as well as the joining fee for the SimlySAVE card is Rs. 500.
• Interest Rates: 3.5% per month (42% annually)
• Cash Advance Fee: 2.5% on the amount withdrawn subject to a minimum of Rs. 500.
• Foreign Currency Mark-up: 3.5% of the transaction amount.

SBI SimplySAVE Credit Card Eligibility Criteria

The process to get a credit card is not as easy as it seems to some individuals. Every bank/card issuer has some eligibility criteria for every credit card that needs to be fulfilled to get approved for a particular card. The factors which influence your eligibility are age, your income, and your credit history. So, make sure to check for the eligibility criteria of a credit card before you apply for it. The following is the criteria for the Simply SAVE SBI Card:

Documents Required

In order to verify all the details mentioned on your credit card application, some documents are required to be uploaded or submitted by you to your card issuer. Following are the documents needed to apply for the SimplySave Card:

• Identity Proof – Voters’ Id, PAN Card, Driving License, Aadhar Card, or Passport.
• Address Proof – Aadhar Card, Ration Card, Utility bills, passport, or Driving License.
• Income Proof – latest bank statement, latest salary slips, or latest audited financial reports.

How To Apply For SBI SimplySAVE Card?

One can apply for the Simply Save Card either online or offline. If you want to apply offline, then visit your closest SBI branch and ask the branch executives to provide you with the physical application form to apply for the SimplySave Card. Fill in the form carefully and submit. To apply for this card online, you can follow the steps as cited below:

• Visit Sbi Card’s official website, https://www.sbicard.com/.
• Under the section ‘Apply,’ click on ‘Apply Now.
• All the cards will be visible on your screen.
• Select SBI SimplySave Card and click on ‘apply now’.
• Enter all the mandatory particulars and submit the application form.

If you need any assistance to apply for the SBI SimplySave Card, you can contact the SBI Card customer care and request them to assist you for the same.

How To Check SBI SimplySave Credit Card Application Status?

Following are different methods to check your SimplySave SBI Card application status:

• On visiting the official website of SBI, you will find an option of credit cards. You will be shifted to a new page where you will have to scroll down. At the very bottom of the page, you will find an option ‘Track Application.’ Click on that option and know the position of your application by entering your application number.
• You can also contact SBI card customer care and inquire about your card’s status.
• If you don’t prefer calling or other online methods, you can simply visit your closest branch and request the bank officials to assist you to know the status of your application.

SBI SimplySave Credit Card Activation & PIN Generation

• Generate your SimplySave SBI Card PIN via an SBI ATM nearest to you. Find the option to generate a PIN using OTP on the main menu and move accordingly.
• Another easy way to activate your card is Internet Banking. Log in /Sign up to your SBi Card internet banking account and look for an option for credit card activation/PIN generation.
• You may contact the customer care and ask them to assist you in the PIN generation.

SimplySAVE SBI Credit Card Limit

The SBI Card has not disclosed anything about the credit limit they provide with the Simply Save Credit Card. The limit can be different for different cardholders, depending on their past payment behaviour and credit history. You may get a credit card lower than you expected or way higher than that. If you feel that the credit limit on your SimplySave SBI Credit Card is not sufficient, the credit limit can be increased by contacting customer care or by visiting the branch. But before applying for a higher limit, it is advisable for you to use the card responsible for at least six months so that your card issuer can trust you and provide you with a higher credit limit. You can also send an SMS INCR XXXX to 5676791, where XXXX denotes the last four digits of your credit card number.

SBI SimplySAVE Credit Card Bill Payment

Making your credit card statement payment before the due date is one of the most essential steps that must be followed while using a credit card. Following are different ways in which you can make your SimplySave SBI Card bill payments:

• You can pay your Card bill through the SBI billdesk. Just enter your card details, mobile number, email address, and the amount to be paid and the transaction will be done easily in seconds.
• If you have an account in another bank, you can make bill payment via NEFT. Enter your SBI SimplySave Card number as your account number and find the IFSC code online.
• The YONO app of SBI gives you another simple way to pay your credit card bill. Just register on the app and link your credit card to make payments easily through the app.
• You can also pay the bill through your nearest SBI ATM. Go to the ATM and find the option to pay credit card bills from the main menu. Fill in the required details and pay the bill.
• If you don’t prefer online options, you can visit your nearest SBI branch and pay the bill offline via cash or cheque. You can also drop the cheque at your interest ATM dropbox. But, make sure to do it at least a week before the payment due date as it takes a few days to process the bill payment in this case.

SBI SimplySAVE Credit Card Netbanking/Login

To register your SimplySAVE SBI Card for internet banking, follow a few simple steps as mentioned below:

• Visit the official website of the bank at SBI Card.
• Click on ‘New User? Register Now.’
• Now, enter the required details, which include your card number, CVV, and Date of birth.
• Enter that OTP received on the mobile number which is registered with your card to complete the verification process.
• After successful verification, you will need to enter your username and password and then click on confirm.
• Now your card is registered for net banking.

SBI SimplySave Card Customer Care

• To contact SBI SimpleSave Card customer care you can call at these numbers: 1860 180 1290, 1860 500 1290, 39 02 02 02, or 1800 180 1290 (toll-free).
• You can also reach SBI Card customer care on Twitter at @SBICard_Connect.
• If you want to write and send your query via mail, you can send the mail to [email protected] Make sure to write your details like your name, date of birth, credit card number, etc.

Cards Similar To SBI SimplySAVE Credit Card

Conclusion:

Considering the shopping benefits that it offers at a nominal annual fee of just Rs. 499, SimplySAVE SBI Card can be regarded as the best-suited card for first-time cardholders. Apart from shopping (select categories), the card earns you accelerated Reward Points on movie and dining spends as well. However, if you prefer online shopping over offline purchases, SBI SimplyCLICK Credit Card would be a more suitable pick for you. So, make sure to analyze your spending habits before going further with any decision to get a credit card. Understand where you spend a lot and check whether this card is right for you or not. However, if you are new to credit cards and want a basic card with reward benefits, you can undoubtedly apply for this one.

This was our review on the SBI Simply Save Credit Card. Do let us know your thoughts on this entry-level shopping SBI credit card in the comment section. Also, if you have used the Simply Save card, let us know your experience with it.