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    SBI SimplySAVE Advantage Credit Card

    Card
    1st Year Fee
    Rewards
    Joining Perks
    499

    SBI SimplySAVE Advantage Credit Card is Rated as "Unacceptable" by 1 Users

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    State Bank of India is one of the top banks across the globe that offers great financial services and products to its customers. The credit cards offered by this bank are unique and come with several perks and privileges that are designed to meet the needs and requirements of the customers. The SBI Simply Save Advantage credit card is designed for shopping needs and also allows you to save a great deal on all your spends.

    Highlights:

    • 10X Reward Points on movies, dining, groceries and departmental store purchases.
    • Global acceptance at more than two million visa merchant outlets.
    • No more fuel surcharge.
    • Avail fee reversal for annual membership renewal from the second year.

    Benefits of SBI Simply Save Advantage Credit Card:

    The Simply Save card offered by State Bank of India comes with a myriad of benefits. These are as follows:

    • Reward Points – For every Rs 100 that you spend using your SBI Simply Save Advantage credit card you can earn 1 Reward Point. These Reward Points can be used by you to clear your outstanding bills on the credit card. You may also choose to avail gifts using the earned points. You may find the catalogue for the wide range of gifts on the website of the bank. Enjoy 10X Reward Points on all your grocery shopping and purchases at the departmental stores. With this particular SBI credit card, 4 Reward Points amount to Re 1.
    • Welcome Offer – Enjoy cashback of Rs 100 on your first withdrawal from an ATM. However, the withdrawal must happen within the first thirty days from the day you get your SBI Simply Save Advantage credit card.
    • Global Acceptance – This particular SBI credit card can be used by you at more than 24 million merchant outlets across the globe. In India, you can use the SBI Simply Save Advantage card at 3,25,000 merchant outlets. All outlets that accept MasterCard or Visa will accept your SBI credit card.
    • Additional Cards – You can choose to empower your loved ones with additional or supplementary cards. People who can avail these SBI add-on cards are your children, spouse, parents and siblings. The holder of the add-on card must be at least 18 years old.

    Features of SBI Simply Save Advantage Credit Card:

    • Cash on the Go – You can withdraw cash whenever you want from automated teller machines across the world that accepts Visa or MasterCard cards.
    • Online Booking of the Railway Tickets – You can book your railway tickets using your SBI Simply Save Advantage card and get them delivered to your address. All you need to do is browse to the IRCTC website and register for free. After this, you must log in with your credentials (username and password) and follow the onscreen instructions to book your ticket. At the payment gateway, you can make use of your SBI Simple Save card to pay for the reservation.
    • Facility for Utility Bill Payment – You can choose to pay all your electricity bills, phone bills, mobile bills and other utility bills using the SBI Simply Save Advantage credit card.
    • EMI Balance Transfer – You can save a lot of money while paying the outstanding amount on your credit card. The outstanding balance on the credit cards of other banks can be transferred to your SBI Simply Save Advantage card. This way, you will be able to enjoy lower rates of interest and can pay back in easy monthly installments. In order to avail this service, you must log on you sbicard.com using your user id and password.
    • Flexipay – Using the Flexipay facility, you can convert all your transactions on the SBI card to easy monthly installments. You must remember that the minimum purchase must be worth Rs 2,500 for availing Flexipay. All you need to do is log on to sbicard.com and convert your purchase to monthly installments. Make sure you do it within 30 days from the date of purchase.
    • Easy Money – Avail a Cheque or draft against the cash limit and get it delivered at your address using the Easy Money facility.

    Fees and Charges:

    Type Fees and Charges
    Annual Fee (One Time only) Rs 499
    Renewal Fee (per annum basis) Rs 499. In case, you spend more than Rs 75,000 in the previous year then the renewal fee is reversed.
    Add-on card Fee Nil
    Interest Free Credit Avail interest free credit period for 20 days to 50 days. This is applicable on retail purchases only. Outstanding amount of previous month should be cleared.
    Finance Charges Avail finance charges of 2.50% on a monthly basis (30% per annum on all transactions).
    Minimum amount due 5% of the total outstanding balance (Minimum of Rs 200 along with all the applicable taxes)
    Limit on Cash Advance The cash advance can to up to a maximum of 80%, capped at Rs 12,000 per day
    Free Credit Period Nil
    Finance Charges for Cash Advance Avail finance charges of 2.50% on a monthly basis (30% per annum on all transactions).
    Cash Advance Fee at SBI ATMs or other bank ATMs 2.5% of the total amount transacted (Subject to minimum amount of Rs 300)
    Cash Advance Fee at International ATMs 3% of the total amount transacted (Subject to minimum amount of Rs 300)
    Cheque Pick Up Rs 90
    Fee for Payment Dishonor 2% of the total amount transacted (Subject to minimum amount of Rs 350)
    Retrieval of Statement Rs 100 for each statement (2 months or more old)
    Retrieval of Charge Slip Rs 225 for every slip
    Late Payment Charges 0 if outstanding balance is less than Rs 200; Rs 100 if outstanding balance is between Rs 200 and Rs 500; Rs 400 if outstanding balance is between Rs 500 and Rs 1,000; Rs 500 if the outstanding balance is between Rs 1,000 and Rs 10,000; Rs 750 if the outstanding balance is above Rs 10,000
    Overlimit Fee 3% of the total overlimit amount(Subject to minimum amount of Rs 500)
    Card Replacement Fee Rs 100
    Emergency card replacement, when overseas Actual fee along with extra $175
    Conversion mark-up for Foreign Currency transactions 3.5%
    Fee for Rewards Redemption Rs 99
    Fee for Cash Payment Rs 100
    Railway Ticket Surcharge at the counters Rs 30 along with 2.50% of the total transaction amount
    Railway Ticket Surcharge via online (IRCTC website) 1.80% of the total transaction amount along with applicable service charge

    Eligibility:

    You can avail of this card against a fixed deposit with State Bank Group. State Bank of India offers an array of credit cards designed to suit different needs of people. The SBI eligibility differs from card to card. Use the eligibility calculator on BankBazaar.com to find out if you are eligible for an IRCTC SBI card, or visit HYPERLINK "http://www.sbicard.com/eapply"www.sbicard.com/eapply and click on “Help me find a card”.

    Documentation:

    You need to submit document to support your application and get an approval for the credit card. You need the following documents:

    • PAN card
    • Any one of the following as ID Proof:
      • PAN card
      • UID Aadhar Number
      • Passport
      • Voter ID
      • License

    Things to know:

    • Cheque will not be accepted if they are payable outside clearing the zones. The payment is accepted via local drafts or Cheque that are payable only in Delhi.
    • Taxes are applicable on all the interest, fees and charges.
    • You can choose to call the SBI card helpline number anytime you want.

    SBI SimplySAVE Advantage Card FAQs:

    1. How to check balance Reward Points?

      In order to check reward point balance on your SBI Simple Save Advantage credit card, you can to log on to sbicard.com and view the summary of your card. You can also send a text message from your registered mobile number to know about your Reward Point balance. You will also find this piece of information on your credit card statement.

    2. Can I avail Balance Transfer on multiple SBI cards?

      No, you can avail Balance Transfer facility will only one SBI card that you own.

    3. Which are the credit cards that I can avail Balance Transfer for?

      Balance Transfer facility can be availed for all the different credit cards offered by various banks in India.

    4. Can add-on cardholders use the Easy Money facility?

      No, add-on card holders cannot use the Easy Money Facility. Only the primary cardholder can avail Easy Money.

    5. How is the billing for Flexipay done?

      You will be billed for your Flexipay as a part of your monthly statements. The first instalment that you have to pay for availing Flexipay facility will be there on your card statement after you book the particular facility.

    6. How is the minimum due calculated?

      The minimum due is 5% of Total Outstanding (subject to a minimum Rs. 200) + GST + EMI (in case of loans).

    7. I have paid my balance transfer outstanding but it has not been reflected. Why is this?

      There is an order of payment settlement which SBI credit cards follow.

      • Minimum Amount due
      • Fees and other charges
      • Interest charges
      • Balance Transfer outstanding
      • Retail outstanding
      • Cash advance

      If you have a minimum amount due, the money would be directed towards paying that before clearing your balance transfer amount.

    8. Why does SBI require my personal documents?

      SBI only needs your PAN card and a valid ID. This is to verify your identification. This is a security measure that is mandatory at all banks.

    9. How do I book railway tickets online?

      You can book railway tickets online and have them delivered to your office or home with your SimplySAVE Advantage SBI Card. To book tickets, follow these steps:

      • Register on www.irctc.co.in for free
      • Log in to your account with your username and password
      • Follow the instructions on the website to book your ticket
      • Make the payment through your credit card
    10. Can I take SimplySAVE Advantage SBI add-on card for a friend?

      No, add on cards are available for your immediate family such as your spouse, parents, children or siblings above the age of 18.

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