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SBI SimplySAVE UPI Rupay Credit Card

SBI SimplySAVE UPI RuPay Credit Card is one of the best beginner-friendly cards with a low annual fee of ₹499. As a welcome bonus, you will receive 2,000 reward points, and you can also link your card to UPI apps to make easy payments via QR codes.

You can also earn higher rewards on purchases at grocery stores, movie theatres, and department stores, which makes it a good feature if you want to save more on your regular expenses. If you keep spending and reach ₹1 lakh in a year, your annual fee will also be waived, which I think is very easy to achieve. The card also has some limitations, such as not offering premium benefits like airport lounge access and dining.

So if you want to know more about the card’s features, benefits, fees, and charges in detail, keep reading to be fully informed.

SBI SimplySAVE UPI Rupay Credit Card

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SBI SimplySAVE UPI Rupay Credit Card

Joining Fee

Rs. 499 + GST

Renewal Fee

Rs. 499 + GST

Best Suited For

Shopping

Reward Type

Reward Points

Welcome Benefits

2,000 Reward Points on Spending ₹2,000 in the First 60 Days

SBI SimplySAVE UPI RuPay Credit Card – Fees & Charges

Category Details
Joining Fee ₹499 + GST
Annual Fee ₹499 + GST
Annual Fee Waiver Spend ₹1,00,000 in a year
Finance Charges Up to 3.5% per month (≈ 42% annually)
Cash Advance Fee 2.5% of amount (Min. ₹500)
Late Payment Fee ₹0 – ₹1,300 (depends on outstanding amount)
Overlimit Charges 2.5% of overlimit amount (Min. ₹600)
Foreign Currency Markup 3.5%
Fuel Surcharge 1% (waived on ₹500 – ₹3,000 transactions)
Reward Redemption Fee ₹99 + GST

SBI SimplySAVE UPI RuPay Credit Card Eligibility Criteria

The SBI SimplySAVE UPI RuPay Credit Card has eligibility criteria you must meet to get it.

  • Firstly, your age should be between 21 and 65 years.
  • The SBI SimplySAVE UPI RuPay Credit Card is available for both salaried and self-employed people.
  • For this Card, your minimum monthly income should be around ₹ 20000.
  • For approval, your CIBIL score should be 700 or above.

SBI SimplySAVE UPI RuPay Credit Card  Pros & Cons

Pros Cons
UPI payment support (scan & pay via apps) No airport lounge access
Good rewards on groceries, dining, entertainment Low reward value overall
Low annual fee (₹499) Limited premium benefits
Annual fee waiver at ₹1 lakh spend Reward redemption fee applicable
Fuel surcharge waiver available High finance charges if unpaid
Beginner-friendly card Not ideal for travel or luxury perks

SBI SimplySAVE UPI RuPay Credit Card Rewards and benefits

These are the rewards and benefits that you will get with this card. Along with that, we have also shown some extra privileges that SBI Bank provides with this card.

    • Link UPI:- You can link your card to UPI apps and make easy payments, and you also get some time to pay later without extra charges.
    • Reward points:- So the SBI SimplySAVE UPI RuPay Credit Card offer earns you 2000 reward points after spending around ₹ 2000 in 60 days which is quite easy to achieve.
  • 10X Reward Points:- You earn 10 reward points for every ₹150 spent on dining, movies, groceries and departmental stores with the SBI SimplySAVE UPI RuPay Credit Card and all other spending gives 1 point per ₹150 and 4 points are equal to ₹1.
  • Fuel surcharge waiver:- On fuel payments between ₹500 and ₹3,000, with the SBI SimplySAVE UPI RuPay Credit Card, you will get a 1% waiver. You can save up to ₹100 in a billing cycle.
  • Annual Fee Waiver:- If you have spent ₹100000 in a year, your annual fees will be waived, which is one of the best features of this card. 
  • Extra Privileges:- The card also comes with extra privileges like contactless payments for quick transactions, worldwide acceptance so you can use it anywhere, add-on cards for your family, EMI options to pay in parts, and an easy way to pay your utility bills. 

SBI SimplySAVE UPI RuPay Credit Card Review

So if you are new to credit cards, you can consider this because it is easy to use, has a low annual fee, and offers decent rewards on everyday spending like groceries, dining, and movies. It works with UPI payments, too, making it easy to pay. This card is a way to start using credit and build a good credit history without any trouble.

However, you cannot make the most of it, as you will not be eligible for lounge access, travel benefits, or high cashback. The rewards are also quite basic compared to other cards. If you want something with additional benefits and rewards, you might need to look for other credit cards.

FAQs

How do I make UPI payments using this card?

You can make UPI payments with this card by adding it to apps like Google Pay, PhonePe or Paytm. Once added, choose your credit card as the payment method, then scan any QR code to pay directly from your credit limit, just like a regular UPI transaction.

Is this card a good entry-level credit card?

Yes, this Credit Card is a good entry-level card because it is easy to use, has an annual fee, offers rewards on everyday purchases and helps you build your credit history.

Can I get into airport lounges for free using this credit card?

No, you cannot use any airport lounges with this card; it is only for basic benefits like rewards and cashback.

How do I avoid paying an annual fee?

You can easily avoid the annual fee. After spending ₹100000 in a year, your annual fee will be cancelled.

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