Experience smarter savings and greater rewards on your everyday expenses
1% on ₹500-₹3,000 transactions (max ₹100/statement cycle)
10 RP per ₹150 on dining, movies, groceries & departmental stores; 1 RP per ₹150 on other spends
2,000 bonus reward points on spending ₹2,000 in 60 days
Enter your details to get started
| Benefit | Details |
|---|---|
| Welcome Bonus | Earn 2,000 bonus reward points on spending ₹2,000 or more within the first 60 days of card issuance. |
| Enhanced Rewards | Earn 10 reward points per ₹150 spent on dining, movies, departmental stores, and groceries. |
| Standard Rewards | Accumulate 1 reward point per ₹150 spent on all other retail purchases, except fuel. |
| Fuel Surcharge Waiver | 1% fuel surcharge waiver on transactions between ₹500 and ₹3,000, with maximum benefit of ₹100 per statement cycle. |
| Add-on Cards | Complimentary supplementary cards for family members at no additional cost. |
| Low Annual Fee | Annual fee of ₹499 + GST. |
| Attribute | Classification |
|---|---|
| Issuer / Provider | SBI Cards and Payment Services Ltd. (in partnership with Central Bank of India) |
| Bank / Non-bank | Bank-affiliated |
| Category | Shopping / Everyday Rewards |
| Type of Card | Visa / RuPay |
| Free or Paid | ₹499 Annually |
The Central Bank of India SimplySAVE SBI Card is designed for individuals seeking an entry-level rewards credit card with practical benefits on everyday spending. This card is particularly suitable for budget-conscious consumers who regularly spend on dining, groceries, movies, and departmental stores. The low annual fee of ₹499 makes it accessible to first-time credit card users and those who prefer straightforward rewards without complex tier structures. This card delivers practical value for middle-income individuals who prioritise savings on routine expenses.
Global Acceptance: Use the card at over 24 million outlets worldwide, including 325,000 outlets across India, ensuring convenience for both domestic and international transactions.
Add-on Cards: Empower family members including parents, spouse, children, or siblings above 18 years of age with supplementary cards at no additional cost.
Cash Withdrawals: Access cash from over 1 million Visa/RuPay ATMs globally, providing liquidity when needed, though standard cash withdrawal fees apply.
Contactless Payments: Make secure contactless transactions by simply waving the card at a secure reader, eliminating the need to hand over the card for small purchases.
Enhanced Security: The card features Visa payWave/RuPay contactless technology with a unique security key that ensures only one transaction goes through even if the card is waved multiple times, significantly reducing the risk of fraud.
Utility Bill Payments: Settle electricity, telephone, mobile, and other utility bills conveniently using the Easy Bill Pay facility available through the SBI Card portal.
Balance Transfer on EMI: Transfer outstanding balances from other banks' credit cards to this card and avail lower interest rates whilst paying back in easy monthly instalments.
Flexipay Facility: Convert purchases of ₹2,500 or more into easy monthly instalments by logging onto sbicard.com within 30 days of making the purchase, providing financial flexibility.
Enhanced Reward Categories: Earn 10 reward points per ₹150 spent on specific categories including dining, movies, departmental stores, and groceries, translating to an attractive reward rate on everyday spending.
Exclusions: Reward points are not earned on fuel transactions, cash withdrawals, EMI transactions, government payments (including fines, tax payments, and government services), and certain other categories as specified in the terms and conditions.
Accumulated reward points can be redeemed through various convenient options: Gift Vouchers, Statement Credit, Products and Merchandise.
1% Waiver: Get a 1% fuel surcharge waiver on all fuel transactions at petrol pumps across India.
Transaction Range: The waiver is valid on transactions between ₹500 and ₹3,000.
Maximum Benefit: The maximum fuel surcharge waiver is capped at ₹100 per statement cycle, offering consistent monthly savings.
Spend-Based Waiver: The annual renewal fee of ₹499 + GST is completely waived off from the second year onwards if cardholders achieve annual spends of ₹1,00,000 or more in the previous year.
Cost-Effective Ownership: This benefit effectively makes the card free for regular users who meet the spending threshold, maximising the overall value proposition.
Disclaimer: The card features, benefits, application process, and other details mentioned above are accurate at the time of writing but may change without prior notice.
| Fee Type | Amount | Details |
|---|---|---|
| Annual Fee | ₹499 + GST | One-time charge when the card is first issued. |
| Renewal Fee | ₹499 + GST | Charged from the second year onwards. Waived on annual spends of ₹1,00,000 or more. |
| Add-on Card Fee | ₹0 | No charge for supplementary cards for family members. |
| Criteria | Details |
|---|---|
Age (Add-on Cardholders) | Minimum 18 years |
Nationality | Indian resident or Non-Resident Indian (NRI) |
Occupation | Salaried or Self-Employed with stable source of income |
Income Requirement | Minimum monthly income criteria as per bank's internal assessment for entry-level cards |
Credit Score | 700 or above recommended for better approval chances |
Other Criteria | Regular source of income, good credit history, valid PAN card, valid identity and address proof |
| Document Type | Details |
|---|---|
| Identity Proof | PAN Card (mandatory), Aadhaar Card, Passport, Driving Licence, Voter ID, or any valid government-issued photo identification |
| Address Proof | Aadhaar Card (with first 8 digits masked), Passport, Driving Licence, Utility Bill (not more than 3 months old), Ration Card, or any valid government-issued address proof |
| Income Proof | Latest salary slips (not more than 3 months old), Form 16, last 3-6 months' bank statement, Income Tax Return (ITR) for self-employed, or other relevant documents as per bank policy |
| Completed Application Form | Duly filled and signed credit card application form |
Click on Apply Now: Hit the 'Apply Now' button to start your application.
Fill in Your Detail: Enter your personal, contact, and financial details in the application form.
Upload Required Documents: Upload your PAN Card, Aadhaar/Address Proof, and Income Proof.
Submit Your Application: Review all the details and click Submit.
Approval & Card Delivery: Once approved, your Central Bank of India SimplySAVE SBI Card will be delivered to your registered address.
| Usage Tips | Details |
|---|---|
Maximise Enhanced Rewards | Prioritise using the card for dining, movies, groceries, and departmental store purchases to earn 10 reward points per ₹150. |
Activate Welcome Bonus | Ensure to spend ₹2,000 or more within the first 60 days of receiving the card to unlock the 2,000 bonus reward points. |
Target Annual Threshold | Plan spending to reach ₹1,00,000 annually to qualify for complete annual fee reversal, making the card effectively free. |
Utilise Fuel Benefits | Fill petrol or diesel with transactions between ₹500 and ₹3,000 to avail the 1% fuel surcharge waiver benefit, saving up to ₹100 monthly. |
Set Up Bill Payments | Use the Easy Bill Pay facility to settle utility bills conveniently through the card, earning reward points on eligible transactions. |
The Central Bank of India SimplySAVE SBI Card is designed for users who want to maximize their credit card benefits effectively.
Disclaimer: The information provided on this page has been gathered from various reliable sources and is intended solely for general informational purposes. As details may change over time, we do not guarantee the accuracy or completeness of the content. Users are advised to verify the information with official or relevant sources before making any decisions or taking action.
Get your Central Bank of India SimplySAVE SBI Card in just a few simple steps