South Indian Bank Simply Save SBI Card

Welcome benefits

1. When you spend Rs.2,000 or more in first within the first 60 days, you get 2,000 bonus reward points. Click here to know more
2. Get Rs.100 cashback on your first ATM cash withdrawal within 30 days of receiving the card

Milestone benefits

The annual fee is reversed if you spend Rs.1 lakh or more.

Reward point benefits

1. Get 10 reward points for every Rs.150 spent on dining, movies, departmental stores and grocery spends
2. Earn 1 Reward Point per Rs. 150 spent on all your other spends

Fuel Surcharge Waiver

Spend between Rs.500 and Rs.3,000 on fuel at any petrol pump in India and receive a fuel surcharge waiver of 2.5%.

Global Acceptance

South Indian Bank Simply Save SBI Card is accepted in more than 24 million merchant outlets in the world.

Cash Withdrawal

Cardholders can withdraw cash in any part of the world from any MasterCard or Visa ATMs.

Add-On Card

Cardholders of this card can apply for free add-on credit cards for their family members. The age of an add-on card holder should be above 18 years.

Railway Tickets

Using your South Indian Bank Simply Save SBI Card, you can easily book railway tickets on the IRCTC website.

Utility Bill Payment

If you possess this card, you can pay your utility bills online using the Easy Bill Pay Facility.

Flexipay

South Indian Bank Simply Save SBI Card holders can convert their transaction of at least Rs.2,500 into monthly instalments using the Flexipay feature.

Balance Transfer

Using this card, you can save money when you pay your credit card dues. The Balance Transfer on EMI facility allows you to transfer the pending balance of your credit card from another bank to your South Indian Bank Simply Save SBI Card account and avail lower interest rates. You will also be able to return the money in instalments.

Annual Fee

Rs.499

Renewal fee

Rs.499

Finance charges

Up to 3.35% monthly

Add-on Card Fee

NIL

Cash Advance fee

1. 2.5% of the amount withdrawn or Rs.500 (Domestic ATMs)
2. 2.5% of the amount withdrawn or Rs.500 (International ATMs)

Finance charges

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 fee

1. From Rs.0 to Rs.500 - Nil
2. More than Rs.500 up to Rs.1,000 - Rs.400
3. More than Rs.1,000 up to Rs.10,000 - Rs.750
4. More than Rs.10,000 up to Rs.25,000 - Rs.950
5. More than Rs.25,000 up to Rs.50,000 - Rs.1,100
6. More than Rs.50,000 - Rs.1,300

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 transaction

3.50%