City Union BankCity Union Bank SimplySAVE SBI Card – Benefits, Fees & Eligibility
Is the City Union Bank SimplySAVE SBI Card Right for You?
The City Union Bank SimplySAVE SBI Card is best suited for users who prioritize Dining, Movies, Shopping. With a joining fee of ₹499 + GST and a renewal fee of ₹499 + GST, this card is positioned for cardholders who can maximize its benefits to justify the cost. It offers Reward Points as its primary reward mechanism, with a rewards rate of 10X RP/Rs.150 on dining, movies, departmental stores, groceries. 1 RP/Rs.150 on other spends..
Key Card Details
₹499 + GST
₹499 + GST
Reward Points
10X RP/Rs.150 on dining, movies, departmental stores, groceries. 1 RP/Rs.150 on other spends.
Notable Perks
Welcome Offer
Spend Rs. 2,000 within 60 days to get 2,000 Bonus Reward Points (worth Rs. 500).
Spend-Based Waiver
Waived on annual spend of Rs. 1,00,000 or more in the previous year.
Movie Benefits
Earn 10X Reward Points per Rs. 150 spent on movie ticket bookings.
Fuel Surcharge Waiver
1% fuel surcharge waiver on transactions between Rs. 500-Rs. 3,000, capped at Rs. 100 per cycle.
Things to Consider
Lacks premium benefits like lounge access or golf privileges.
Reward redemption value is relatively low (4 points = Re. 1).
No specific travel or international spending benefits are highlighted.
Benefits & Features
Welcome Offer
Spend Rs. 2,000 within 60 days to get 2,000 Bonus Reward Points (worth Rs. 500).
Rewards Rate
10X RP/Rs.150 on dining, movies, departmental stores, groceries. 1 RP/Rs.150 on other spends.
Reward Type
Reward Points
Reward Redemption
Redeem points for bill payments or gifts from catalogue. 4 Reward Points = Re. 1.
Movie Benefits
Earn 10X Reward Points per Rs. 150 spent on movie ticket bookings.
Dining Benefits
Earn 10X Reward Points per Rs. 150 spent on dining expenses.
Card Network
Visa, Mastercard
Fees & Charges
Joining Fee
₹499 + GST
Renewal Fee
₹499 + GST
Spend-Based Waiver
Waived on annual spend of Rs. 1,00,000 or more in the previous year.
Fuel Surcharge Waiver
1% fuel surcharge waiver on transactions between Rs. 500-Rs. 3,000, capped at Rs. 100 per cycle.
Add-on Card Fee
Nil
Pros & Cons
Pros
Key benefits and features of this card.
Accelerated rewards on daily spends like dining, movies, and groceries.
Valuable welcome bonus of 2,000 Reward Points on initial spending.
Enjoy a 1% fuel surcharge waiver, saving money on petrol expenses.
Renewal fee waiver on achieving a reasonable annual spending threshold.
Offers contactless payment and global acceptance for convenience.
Cons
Key drawbacks and limitations of this card.
Lacks premium benefits like lounge access or golf privileges.
Reward redemption value is relatively low (4 points = Re. 1).
No specific travel or international spending benefits are highlighted.
The fuel surcharge waiver is capped, limiting potential savings for heavy users.
Annual fee is applicable, not a lifetime free card without waiver.
Product Details
Contactless Tap & Pay for fast, convenient, and secure everyday payments.
Globally accepted at over 24 million outlets, including 3,25,000 in India.
Cash withdrawal facility from over 1 million Visa or MasterCard ATMs worldwide.
Convert eligible purchases of Rs. 2,500 or more into easy monthly EMIs with Flexipay.
Free add-on cards for family members (parents, spouse, children, or siblings) above 18.
Utilize the Easy Bill Pay facility for electricity, telephone, mobile, and other utility bills.
Transfer outstanding balances from other banks’ credit cards to your SimplySAVE SBI Card at a lower interest rate.
This is a co-brand product, with potential fee and revenue sharing between SBI Card and the partner.
Benefits & Features
Welcome Offer
Spend Rs. 2,000 within 60 days to get 2,000 Bonus Reward Points (worth Rs. 500).
Rewards Rate
10X RP/Rs.150 on dining, movies, departmental stores, groceries. 1 RP/Rs.150 on other spends.
Reward Type
Reward Points
Reward Redemption
Redeem points for bill payments or gifts from catalogue. 4 Reward Points = Re. 1.
Movie Benefits
Earn 10X Reward Points per Rs. 150 spent on movie ticket bookings.
Dining Benefits
Earn 10X Reward Points per Rs. 150 spent on dining expenses.
Card Network
Visa, Mastercard
What matters, explained clearly
Introduction
The City Union Bank SimplySAVE SBI Card, issued by SBI Card, is a value-oriented credit card designed for everyday spending, operating on the Visa/MasterCard network. It is positioned as an entry-level card, best suited for individuals looking to maximize reward benefits on common spending categories. Its key differentiating benefits include 10X Reward Points on dining, movies, departmental stores, and groceries, along with a 1% fuel surcharge waiver and a welcome bonus of 2,000 Reward Points.
Welcome Benefits
- Spend Rs. 2,000 or more within the first 60 days of card issuance to receive 2,000 Bonus Reward Points.
- These 2,000 Bonus Reward Points are worth Rs. 500.
Fees & Charges Breakdown
- Annual Fee: Rs. 499 + applicable taxes.
- Renewal Fee (per annum): Rs. 499 + applicable taxes, from the second year onwards.
- Spend-Based Waiver: The renewal fee is reversed if annual spends for the previous year are Rs. 1,00,000 or more.
- Fuel Surcharge Waiver: Enjoy a 1% fuel surcharge waiver on every transaction between Rs. 500 and Rs. 3,000 at all petrol pumps across India.
- Maximum Fuel Surcharge Waiver: Capped at Rs. 100 per statement cycle, per credit card account.
- Add-on Card Fee (per annum): Nil.
- All taxes would be charged as applicable on all fees, interest, and charges.
Rewards & Cashback Structure
- Accelerated Earning Rate: Earn 10X Reward Points per Rs. 150 spent on dining, movies, departmental stores, and grocery purchases.
- Standard Earning Rate: Earn 1 Reward Point per Rs. 150 spent on all other categories.
- Reward Redemption Value: 4 Reward Points are equivalent to Re. 1.
- Redemption Options: Reward points can be used to pay outstanding card bills or redeemed for gifts from the Rewards Catalogue.
Important Product Details
- Contactless Advantage: The card supports Tap & Pay for fast, convenient, and secure everyday payments. Transactions are processed instantly by tapping the card on a secure reader, with unique security keys ensuring only one transaction is processed even if tapped multiple times.
- Global Acceptance: The card is accepted at over 24 million outlets globally, including 3,25,000 outlets in India, wherever Visa or MasterCard is accepted.
- Cash Access: Withdraw cash from over 1 million Visa or MasterCard ATMs across the globe.
- Flexipay EMI: Convert eligible purchases of Rs. 2,500 or more into easy monthly EMIs.
- Add-on Cards: Provide add-on cards for family members (parents, spouse, children, or siblings) above the age of 18 at no additional fee.
- Utility Bill Payment Facility: Utilize the Easy Bill Pay facility to pay electricity, telephone, mobile, and other utility bills.
- Balance Transfer on EMI: Transfer outstanding balances from other banks’ credit cards to your SimplySAVE SBI Card at a lower interest rate and repay in easy EMIs.
- This is a co-brand product, and there may be fee and revenue sharing between SBI Card and the co-brand partner.
Other Details
- Application Process: To apply for the City Union Bank SimplySAVE SBI Card, visit the nearest City Union Bank Branch.
- Customer Service: For assistance, call the SBI Card helpline at 1860 180 1290 or 39 02 02 02 (prefix local STD code).
- Terms & Conditions: Continued use of the card implies acceptance of amendments to all Terms and Conditions. All information is subject to change at the discretion of SBICPSL.
- Submit account payee cheques following CTS 2010 standards for timely processing of cheque payments.