City Union BankIn partnership with SBI CardCity 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 Shopping, Dining, Movies. 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 Earn 10X Reward Points on dining, movies, departmental stores, and groceries; 1 RP on other spends..
Key Card Details
₹499 + GST
₹499 + GST
Reward Points
Earn 10X Reward Points on dining, movies, departmental stores, and groceries; 1 RP on other spends.
Notable Perks
Welcome Offer
Receive 2,000 Bonus Reward Points (worth Rs. 500) on spending Rs. 2,000 within 60 days.
Spend-Based Waiver
Renewal fee waived if annual spends for the previous year amount to Rs. 1,00,000 or more.
Movie Benefits
Earn 10X Reward Points for every Rs. 150 spent on movie purchases.
Fuel Surcharge Waiver
1% waiver on transactions between Rs. 500-3,000, max Rs. 100 per statement cycle.
Things to Consider
The reward points earning rate for general spending categories is relatively low.
Lacks premium benefits such as complimentary lounge access or golf privileges.
The annual fee waiver requires a substantial spend of Rs. 1,00,000 per year.
Benefits & Features
Welcome Offer
Receive 2,000 Bonus Reward Points (worth Rs. 500) on spending Rs. 2,000 within 60 days.
Rewards Rate
Earn 10X Reward Points on dining, movies, departmental stores, and groceries; 1 RP on other spends.
Reward Type
Reward Points
Reward Redemption
Redeem points to pay outstanding card bill (4 RP = Re. 1) or for gifts from the catalogue.
Movie Benefits
Earn 10X Reward Points for every Rs. 150 spent on movie purchases.
Dining Benefits
Earn 10X Reward Points for every Rs. 150 spent on dining expenses.
Fees & Charges
Joining Fee
₹499 + GST
Renewal Fee
₹499 + GST
Spend-Based Waiver
Renewal fee waived if annual spends for the previous year amount to Rs. 1,00,000 or more.
Fuel Surcharge Waiver
1% waiver on transactions between Rs. 500-3,000, max Rs. 100 per statement cycle.
Pros & Cons
Pros
Key benefits and features of this card.
Accelerated 10X Reward Points on common spending categories like dining and movies.
Valuable welcome bonus of 2,000 reward points, equivalent to Rs. 500, on initial spend.
Benefit from a 1% fuel surcharge waiver, saving money on regular fuel purchases.
Convenient contactless payment feature for quick and secure daily transactions.
Option to convert large purchases into easy EMIs, offering financial flexibility.
Cons
Key drawbacks and limitations of this card.
The reward points earning rate for general spending categories is relatively low.
Lacks premium benefits such as complimentary lounge access or golf privileges.
The annual fee waiver requires a substantial spend of Rs. 1,00,000 per year.
No specific mention of foreign currency markup, which could be a hidden cost.
Limited information provided regarding interest rates and cash advance charges.
Product Details
Enjoy contactless Tap & Pay for fast, convenient, and secure everyday payments.
Accepted globally at over 24 million outlets, including 3,25,000 in India.
Access cash from over 1 million Visa or MasterCard ATMs worldwide.
Convert eligible purchases of Rs. 2,500+ into easy monthly EMIs with Flexipay.
Get add-on cards for family members (18+ years) like parents, spouse, children, or siblings.
Pay utility bills conveniently using the Easy Bill Pay facility.
Transfer outstanding balances from other credit cards to this card at lower interest EMIs.
This is a co-brand product issued by SBI Card in partnership with City Union Bank.
Benefits & Features
Welcome Offer
Receive 2,000 Bonus Reward Points (worth Rs. 500) on spending Rs. 2,000 within 60 days.
Rewards Rate
Earn 10X Reward Points on dining, movies, departmental stores, and groceries; 1 RP on other spends.
Reward Type
Reward Points
Reward Redemption
Redeem points to pay outstanding card bill (4 RP = Re. 1) or for gifts from the catalogue.
Movie Benefits
Earn 10X Reward Points for every Rs. 150 spent on movie purchases.
Dining Benefits
Earn 10X Reward Points for every Rs. 150 spent on dining expenses.
What matters, explained clearly
Introduction
The City Union Bank SimplySAVE SBI Card, issued by SBI Card in partnership with City Union Bank, is positioned as a value-oriented credit card designed for everyday spending. It offers significant savings through accelerated reward points on common spending categories, a welcome bonus, and a fuel surcharge waiver, making it an attractive option for individuals looking to maximize benefits on their daily expenses.
Welcome Benefits
- Receive 2,000 Bonus Reward Points, equivalent to Rs. 500.
- To qualify for the bonus points, spend Rs. 2,000 or more within the first 60 days of card issuance.
Fees
- Joining Fee: Rs. 499 + taxes
- Renewal Fee (per annum): Rs. 499 + taxes, applicable from the second year onwards.
- Spend-Based Waiver: The renewal fee is reversed if annual spends for the previous year amount to Rs. 1,00,000 or more.
- Add-on Card Fee (per annum): Nil
- Fuel Surcharge: Enjoy a 1% fuel surcharge waiver on every transaction between Rs. 500 and Rs. 3,000 at all petrol pumps across India. A maximum waiver of Rs. 100 is applicable per statement cycle, per credit card account.
- Foreign Currency Markup: Not specified in the provided content.
- Interest Rates: Not specified in the provided content.
- Cash Advance Charges: Not specified in the provided content.
- Rewards Redemption Fee: Not specified in the provided content.
Rewards
- Earn 10X Reward Points for every Rs. 150 spent on dining, movies, departmental stores, and grocery purchases.
- Earn 1 Reward Point for every Rs. 150 spent on all other categories.
Rewards Redemption Guide
- Reward points can be used to pay your outstanding card bill.
- The redemption value is 4 Reward Points = Re. 1.
- Points can also be redeemed for gifts by browsing the Rewards Catalogue.
Important Product Details
- Contactless Advantage:
- Tap & Pay with ease for effortless everyday payments.
- Offers fast and convenient transactions, eliminating the need for cash or fumbling for change.
- Ensures secure transactions as the card remains in your hand, reducing fraud risk. Visa PayWave's security key processes only one transaction even if the card is tapped multiple times.
- Global Acceptance:
- Accepted at over 24 million outlets globally, including 3,25,000 outlets in India.
- Can be used for payments at any outlet that accepts Visa or MasterCard.
- Cash Access Across the World:
- 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 including parents, spouse, children, or siblings above 18 years of age.
- 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.
Other Details
- All applicable taxes will be charged on fees, interest, and other charges.
- This is a co-brand product, and there may be fee and revenue sharing between SBI Card and the co-brand partner.
- Continued use of the card implies acceptance of any amendments to the Terms and Conditions.
- For assistance, contact the SBI Card helpline at 1860 180 1290 or 39 02 02 02 (prefix local STD code).
- All information provided is correct as of the date of publication and is subject to change at the discretion of SBICPSL.
- The Most Important Terms & Conditions are available on the SBI Card website.
- Submit account payee cheques following CTS 2010 standards for timely processing of cheque payments.
- To apply for the City Union Bank SimplySAVE SBI Card, visit the nearest City Union Bank Branch.