PSB SimplySAVE SBI Card

Best suited to applicants with a credit score of roughly 650+ whose spend is concentrated in dining, groceries. Its annual fee waives if you can comfortably clear the spend threshold.

• Rewards rate: 0.25% base rate
• Domestic lounge access: Not offered on this entry-level SimplySAVE variant
• International lounge access: Not offered

• 🍽️ Dining & food delivery

  2.5% reward rate · 10X reward points at partner dining, grocery, movie and utility merchants

• 🛒 Groceries

  2.5% reward rate

• 🧾 Utilities

  2.5% reward rate

• ⛽ Fuel

  1% fuel surcharge waiver on transactions ₹500–₹3,000

• 🌍 Forex / international spend

  3.5% forex markup on international transactions

• Minimum credit score: 650
• Minimum monthly income: ₹20,000
• Employment: salaried, self-employed
• Age: 21–60

• Spend-based waiver: Waived on annual spend of ₹1,00,000
• Rewards redemption fee: ₹99 + GST redemption fee applies per SBI Card's standard reward-point redemption terms
• Foreign currency markup: 3.5%
• Fuel surcharge waiver: 1% fuel surcharge waiver on transactions between ₹500 and ₹3,000, capped at ₹100 per billing cycle
• Cash advance charges: 2.5% of the withdrawal amount, subject to a minimum of ₹500 per transaction

• 2,000 bonus reward points on spending ₹2,000 within 60 days of card issuance
• 1% fuel surcharge waiver on transactions ₹500–₹3,000
• 10X reward points at partner dining, grocery, movie and utility merchants