SBI is one of the most trusted banks for personal facilities. It is an Indian multinational public sector banking and financial services. SBI established on 1 July 1995 and their headquarters in Mumbai. State Bank of India with a 200 year history is the largest commercial bank in India. In terms of assets, deposits, profits, branches, customers and employees SBI is the largest bank. The government of India is the single largest shareholder of this fortune 500 entity with 6158 percent ownership. SBI was ranked 60th in the list of top 1000 banks in the world by “the banker” in July 2012.
The SBI SimplySAVE Advantage Credit card provides great offers on financial services and products. This card is made to fulfil all your shopping needs and also allows you to save a great deal on all your spends. SBI SimplySAVE credit card is best suited for a frequent shopper. The card, as the name suggests, helps you earn big rewards and save on your shopping expenses. It helps you earn big rewards on potentially high expenditure categories such as grocery, departmental store purchases, dining and movies.
1. Get 10 reward points on every Rs.100 spent on Dining, Movies, Departmental Stores and Grocery Spends.
2. Earn 1 reward point on every Rs.100 spent on all your other spends.
3. Get a waiver of 1% fuel surcharge for every transaction between Rs.500-Rs.3000.
4. Annual fee waiver based on yearly spends
5. Renewal fee waiver on milestone spends.
6. Accelerated reward points on day-to-day spend categories.
7. Bonus reward points within 60 days of card set-up.
8. Not just in India, the SimplySAVE credit card can be used at over 24 million outlets worldwide, including 3.25 lakh outlets in India
9. The balance transfer on EMI offered by SBI comes at a lesser interest rate and processing fee.
10. With the SimplySAVE credit card, you can take up to 3 ad-on-credit cards without any additional charge.
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Reward type |
Shopping |
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Welcome Benefits |
Earn 2,000 bonus reward points by spending Rs.2,000 within the first 60 days of card issuance. Also, get Rs.100 cashback by withdrawing cash using your SBI SimplySAVE Credit Card within first 30 days of card issuance |
|
Lifestyle Benefits |
10x more reward points on everyday spends |
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Renewal Fee Waiver |
Spend Rs.1 lakh or more in a membership year and get your annual fee of Rs.499 waived off. The waiver is applicable from 2nd year onwards. |
|
Rewards points |
|
|
Fuel Surcharge Waiver |
Get a waiver of 1% fuel surcharge for every transaction between Rs.500-Rs.3000 |
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Convert Purchases into EMI |
Any purchase worth Rs.2,500 or above can be converted into EMI and can be paid back in tenures ranging from 3-12 months. However, the conversion must be done within 30 days of purchase. |
To apply for a SimplySAVE SBI Credit Card, you have to pay fees and charges applied by the SBI Bank. It covers all charges and fees made by a bank to their customers.The following charges are taken from SBI Bank i.e joining fee, annual fee, interest rate, late payments charges etc.
|
TYPE |
CHARGES |
|
Joining fee |
Rs.499 |
|
Annual fee |
Rs.499 |
|
Interest rate |
Up to 3.35% per month |
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Cash withdrawal fee |
|
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Rewards redemption fee |
Rs.99 per request |
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Late payment fee |
Total amount due Rs.0 to Rs.200 – NIL Rs.201 to Rs.500 – Rs.100 Rs.501 to Rs.1,000 – Rs.400 Rs.1,001 to Rs.10,000 – Rs.600 Rs.10,001 to Rs.25,000 – Rs.800 Rs.25,001 and above – Rs.950 |
|
Payment dishonor fee |
2% of the payment amount or Rs.450 |
|
Statement retrieval fee |
Rs.100 per statement |
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Over-limit fee |
2.5% of the over-limit amount or Rs.500 |
|
Foreign currency transaction fee |
3.5% of the transaction amount |
|
Card replacement charge |
Rs.100 |
Before applying for a SimplySAVE Credit Card from SBI Bank, you should fulfil all basic eligibility criteria as prescribed by the bank. You will get your credit card very soon if you meet all the required eligibility criteria once the documentation is done.
1. An applicant should be an Indian resident
2. He/she should be at least 21 years of age but not more than 70 years.
3. An applicant should have a good credit score and should not be a previous loan/credit card defaulter.
Any applicant who is applying for a SimplySAVE credit card from SBI Bank must have to submit the following documents. These documents are the requirements for the lenders who are providing you the credit card.
1. KYC Documents = PAN, address proof and ID proof
2. Coloured photograph
3. Income Proof = Last 3 month salary slip
4. Last 3 months bank statement
5. ITR or Form 16
SBI Bank Credit Card Login
Cardholders of SBI Bank Credit Card can log in to their credit card account through following steps :
1. Visit https://www.sbicard.com/creditcards/app/user/login
2. Provide the User ID and Password
3. Click ‘login’
2. SBI Loan Against Properties
SimplySAVE SBI Credit Card Customer Care
Contact number : 1800112211 / 18004253800
Email id : customercare@sbi.co.in
There are two reason to apply for SimplySAVE SBI Credit Card :
1. Offline Method : By visiting the nearest branch of SBI Bank
2. Online Method :
Click on the option of 'Check Eligibility' to check if you are eligible for the card.
Add the information which is asked and submit it.
The portal will need a list of documents to be uploaded.
Once done, you can use the tracking ID under the option of 'Track Application'.
Credit cards have become a very useful tool for people to complete their daily transactions like paying utility bills, paying mobile bills, buying groceries etc. Gone are the days when credit cards were only used for buying airline tickets or similar large transactions.
1. Visit https://www.onlinesbi.com/
2. Login providing the user ID and password
3. Select ‘View/Pay Bills’ option under the ‘Bill Payments’ Section
4. Next, click on ‘Without Bills’
5. Select ‘SBI Card’ as the biller and click ‘Pay’
6. Thereafter select the SBI account number from which the payment is to be made.
Bank offered Financial Products
The SimplySAVE SBI Advantage Credit card provides great offers on financial services and products. This card is made to fulfil all your shopping needs and also allows you to save a great deal on all your spends. SimplySAVE SBI credit card is best suited for a frequent shopper. The card, as the name suggests, helps you earn big rewards and save on your shopping expenses.
The minimum age is 21 years and maximum age is 70 years to get a SimplySAVE SBI Credit Card.
The joining fee of the SimplySAVE SBI Credit Card is upto Rs.1499.
The rewards points given in the SimplySAVE SBI Credit Card from SBI Bank is :
Earn 1 reward point on every Rs.100 spent on the card.
10 reward points on every Rs.100 spent on dining, entertainment, departmental stores and groceries.
4 reward points = Re.1.
The interest rate is 3.35% per month provided by SimplySAVE SBI Credit Cards.
Shopping rewards are included in the SimplySAVE SBI Credit card.
You can apply for a SimplySAVE SBI Credit Card through online and offline by visiting the nearest bank branch.
You can contact through customer care toll free number and also through e-mail id for a SimplySAVE SBI Credit Card.
The renewal fee of the SimplySAVE SBI Credit Card is upto Rs.499.
The minimum charges is 100 and maximum late payment charges is 950 of SimplySAVE SBI Credit Card.
Last Updated on : 07/Oct/2020Know More About CREDIT CARDS
You're eligible for a Simplysave Sbi Card if you:
Are legally adult enough to handle it
Have still got it
Get a regular pay check
Make more than a basic buck
Your eligibility depends on:
Earn more than minimum income required
Maximum allowed Credit Cards is Rs. 10K to Rs. 45 lakhs
EMIs of other loans loweryour eligibility
Boost your eligibility by:
Pay off your credit card bills
Choose longer tenure loan up to 5 years
Nothing gets done without that paperwork (which we'll happily carry over to the bank for you, no sweat). Here's what you'll need:
- 1. Photo ID and age proof
- 2. Signed application form with photograph
- 3. Residence proof
- 4. Last 6 months bank statement
- 5. Documentation for salaried applicants:
- Last 3 months salary - slips
- Form 16 or Income Tax Returns
- 6. Documentation for self-employed applicants:
- Last 3 years Income Tax Returns with computation of Income
- Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account