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South Indian BankSouth Indian Bank

South Indian Bank Simply Save SBI Credit Card

DiningShoppingFuelLifestyle
Welcome offer2,000 bonus reward points when you spend Rs.2,000 or more within the first 60 days; Rs.100 cashback on first ATM cash withdrawal within 30 days
Annual fee
₹ 499
Reward rate
10 reward points for every Rs.150 spent on dining, movies, departmental stores and grocery; 1 reward point per Rs.150 on other spends
Credit score
750+
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Free to apply via CardGuruji · subject to issuer approval

South Indian Bank Simply Save SBI Credit Card
MastercardVisa
Rewards

How the rewards work

What you earn on every spend, and the ways you can cash it in.

You earn

10 reward points for every Rs.150 spent on dining, movies, departmental stores and grocery; 1 reward point per Rs.150 on other spends

Redeemable online on the SBI Card website. Annual fee reversed if spend is Rs.1 lakh or more.

Reward currency
Reward Points
Card network
Mastercard · Visa
Perks

What you get with this card

The privileges that come bundled in, beyond the reward points.

  • Fuel surcharge waiver of 2.5% on spends between Rs.500 and Rs.3,000

  • 10 reward points per Rs.150 on dining, movies, departmental stores and grocery

  • Global acceptance in more than 24 million merchant outlets

  • Free add-on cards for family members above 18 years

  • Flexipay for transactions of at least Rs.2,500

Our verdict

Pros & cons

An honest read on where this card earns its keep — and where it doesn't.

What we like

  • Fuel surcharge waiver

  • Higher reward points on dining and grocery

  • Global acceptance

What to watch out for

  • Annual fee of Rs.499 (reversible with high spend)

  • Finance charges up to 45% per annum

Costs

Fees & charges

Everything the issuer can bill you for, in one place.

Annual fee
₹499Charged every year from the second year

Other charges

Applied only when the situation arises

Balance transfer
Not verified from configured sources
Foreign currency markup
3.50%
Late payment
From Rs.0 to Rs.500 - Nil; More than Rs.500 up to Rs.1,000 - Rs.400; More than Rs.1,000 up to Rs.10,000 - Rs.750; More than Rs.10,000 up to Rs.25,000 - Rs.950; More than Rs.25,000 up to Rs.50,000 - Rs.1,100; More than Rs.50,000 - Rs.1,300
Returned payment
2% of the payment amount; minimum of Rs.450

Interest rates

Charged on any balance you carry forward

Purchases
Up to 3.75% per month (45% per annum)
Balance transfer
Not verified from configured sources
Cash advance
3.75% per month or 45% per annum

Fee waiver: most issuers waive the renewal fee once your yearly spends cross a set threshold. Confirm the exact criteria with South Indian Bank before you apply.

Eligibility

Will you qualify?

The credit profile this card is typically approved for.

750+out of 900
Not verified from configured sources credit score

What this means for your application

  • Higher scores improve both your approval odds and the credit limit you're offered.
  • Issuers also weigh income, employment stability and your existing debt.
  • A rejected application leaves a hard enquiry on your report — apply only when you comfortably qualify.

Note: this is a guideline, not a hard cut-off. Existing customers of South Indian Bank are often approved on slightly lower scores.

Frequently Asked Questions

Frequently Asked Questions about South Indian Bank Simply Save SBI Credit Card

Everything you need to know about South Indian Bank Simply Save SBI Credit Card fees, reward conversion, lounge access, and application eligibility.

The joining fee for South Indian Bank Simply Save SBI Credit Card is nominal, and the annual renewal fee is ₹499 + GST. Many cardholders can get the renewal fee waived by reaching the annual milestone spend threshold. Check official bank terms for current welcome gift vouchers that offset the initial fee.

To qualify for South Indian Bank Simply Save SBI Credit Card from South Indian Bank, a CIBIL score of 750 or higher is recommended. Applicants with a stable monthly income, low credit utilization (under 30%), and zero recent payment defaults have the highest likelihood of approval.

South Indian Bank Simply Save SBI Credit Card is designed to reward everyday spends. It currently features: "2,000 bonus reward points when you spend Rs.2,000 or more within the first 60 days; Rs.100 cashback on first ATM cash withdrawal within 30 days". You earn reward points or cashbacks on eligible transactions, which can be redeemed for statement credit, air miles, or shopping vouchers via South Indian Bank's rewards portal.

South Indian Bank Simply Save SBI Credit Card does not include unconditional complimentary lounge access as a primary perk. If airport lounge access is a priority, consider pairing this card with a dedicated travel credit card.

You can apply for South Indian Bank Simply Save SBI Credit Card directly online. Have your PAN card, Aadhaar card, income proof (salary slips or Form 16/ITR), and bank statement ready. Most applicants receive digital KYC verification and an approval decision within a few business days.