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.
Cash on the Go
Online Booking of the Railway Tickets
Facility for Utility Bill Payment
EMI Balance Transfer
Flexipay
Easy Money
Reward Points
Welcome Offer
Global Acceptance
Additional Cards
| Type | Fees and Charges |
|---|---|
| Annual Fee (One time only) | Rs 499 |
| Renewal Fee (per annum basis) | Rs 499 second year onwards. In case, you spend Rs.1 lakh or more 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 3.50% on a monthly basis (42% 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.500) |
| Cash Advance Fee at International ATMs | 2.5% of the total amount transacted (Subject to minimum amount of Rs.500) |
| Cheque Pick Up | Rs.100 |
| Fee for Payment Dishonor | 2% of the total amount transacted (Subject to minimum amount of Rs.500) |
| Retrieval of Statement | Rs 100 for each statement (2 months or more old) |
| Late Payment Charges |
|
| Overlimit Fee | 2.5% 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.199 |
| 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 |
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'.
You need to submit document to support your application and get an approval for the credit card. You need the following documents:
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.
No, you can avail Balance Transfer facility will only one SBI card that you own.
Balance Transfer facility can be availed for all the different credit cards offered by various banks in India.
No, add-on card holders cannot use the Easy Money Facility. Only the primary cardholder can avail Easy Money.
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.
The minimum due is 5% of Total Outstanding (subject to a minimum Rs. 200) + GST + EMI (in case of loans).
There is an order of payment settlement which SBI credit cards follow.
If you have a minimum amount due, the money would be directed towards paying that before clearing your balance transfer amount.
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.
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:
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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