Santa Claus comes around just once a year. In the meantime, there are Credit Cards.
The City Union Bank SimplySAVE SBI Card is a co-partnered credit card offered by City Union Bank and the State Bank of India. This rewards credit card offers accelerated reward points, fuel surcharge waiver and annual fee waivers. The City Union Bank SimplySAVE SBI Card comes with an annual fee of Rs.499 (plus GST) and a finance charge of 3.35% per month.
| Welcome Benefits | On spending Rs.2,000 within the first 2 months of card issuance, get 2,000 reward points. |
| Reward point Benefits |
|
| Fuel Benefits | Get a fuel surcharge waiver on transactions ranging between Rs.500 and Rs.3,000. |
| Spend Based Benefits | On spending Rs.1 lakh in a year, the annual fee of the card is waived. |
| Flexipay | The Flexipay facility allows a cardholder to convert his purchases of more than Rs.2,500 into EMIs. |
| Balance Transfer Benefits | Transfer the balance of any other credit card to the City Union Bank SimplySAVE SBI Card and pay it back at a lower interest rate. |
| Easy Money Facility | You can withdraw money against your credit limit in the form of a cheque or demand draft with this facility. |
| Cash Withdrawal | You can withdraw cash from any of 1 million ATMs that are present all over the world. |
| Global Acceptance | The card can be used at more than 1 million outlets all over the world. |
| Add-On Card | You can apply for an add-on card for your siblings, children, spouse, or parents who are above the age of 18 years. |
| Utility Bill Payment | The card can be used for the payment of utility, mobile, telephone, and electricity bills. |
| Milestone benefits | Spend Rs.1 lakh in a year and get a reversal on the annual fee. |
The credit limit for the City Union Bank SimplySAVE SBI Card is assigned by the bank considering several factors. The State Bank of India and the City Union Bank will check the credit score, credit utilisation ratio, and the repayment habits of past debts before assigning the credit limit.
| Type of Charge | Fee |
|---|---|
| Joining fee | Rs.499 |
| Renewal fee | Rs.499 |
| Finance charge | Up to 3.35% monthly |
| Add-On card fee | Nil |
| Cash advance fee |
|
| Finance charge | 3.50% per month or 42% per annum |
| Payment dishonour fee | 2% of the payment amount; minimum of Rs.450 |
| Statement request | Rs.100 per statement (more than 2 months old) |
| Cash payment fee | Rs.250 |
| Late payment |
|
| Cheque payment fee | Rs.100 |
| Over limit fee | 2.5% of the over limit amount; minimum of Rs.600 |
| Rewards redemption fee | Rs.99 |
| Foreign currency mark-up | 3.50% |
| Nationality | The primary applicant must be a citizen of India. |
| Age | The applicant must be at least 18 years old. |
| Employment status | He or she must be either salaried or self-employed |
| Credit Score | Applicants having a good credit score will be eligible for the card. |
| Proof of Address | Identity Proof | Income Proof |
|---|---|---|
| Ration Card | Voter ID | Salary Slip |
| Aadhaar Card | Aadhaar Card | Form 16 |
| Voter ID | Driving licence | IT Returns |
| Passport | - | - |
To apply for the City Union Bank SimplySAVE SBI Card, here are the steps that need to be followed:
Yes, there is an add-on credit card available for the City Union Bank SimplySAVE SBI Card.
In order to get the annual fee waiver for the following year, you must have a minimum spend of Rs.1 lakh in a year.
You can apply for the City Union Bank SimplySAVE SBI Card from the SBI Card official website or through BankBazaar.
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