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Bank of Maharashtra
Bank of Maharashtra SimplySAVE SBI Card
Visa
Bank of Maharashtra SimplySAVE SBI Card
An affordable entry-level co-branded card with a low ₹499+tax fee and easily achievable ₹1L spend waiver, offering decent accelerated rewards on dining and groceries but no lounge access or premium perks.
Annual fee
₹499
Joining fee
₹499
Reward type
points
Base reward rate
0.17%
Card network
Visa
Card tier
Entry
Who this card fits
Best suited to applicants with a credit score of roughly 700+ whose spend is concentrated in dining, groceries. Its annual fee waives if you can comfortably clear the spend threshold.
Rewards & benefits
- Movie & dining: 1.67% effective reward rate on dining and grocery spends
- Rewards rate: 0.17% base rate
Benefits by category
- 🍽️ Dining & food delivery
1.67% reward rate
- 🛒 Groceries
1.67% reward rate
- ⛽ Fuel
1% fuel surcharge waiver on ₹500–₹3,000 transactions, capped at ₹100 per statement cycle
Eligibility
- Minimum credit score: 700
- Minimum monthly income: ₹25,000
- Employment: salaried, self-employed
- Age: 21–65
Fees & charges
- Spend-based waiver: Waived on annual spend of ₹1,00,000
- Fuel surcharge waiver: 1% waiver on fuel transactions between ₹500–₹3,000, capped at ₹100 per statement cycle
Benefits
- 2,000 bonus reward points for spending ₹2,000+ within the first 60 days
- 1% fuel surcharge waiver on ₹500–₹3,000 transactions, capped at ₹100 per statement cycle
Pros
- + Low joining/annual fee with achievable ₹1L waiver
- + Accelerated rewards on dining, groceries, and movies
- + Easy welcome bonus on early spend
Cons
- − No lounge access or travel benefits
- − Forex markup and APR not disclosed