UCO Bank SimplySAVE SBI Card – Benefits, Fees & Eligibility

Introduction

The UCO Bank SimplySAVE SBI Card is designed for individuals looking to maximize savings on everyday spends, especially across categories like dining, movies, departmental stores, and groceries. This card offers accelerated reward points on these common expenses, along with a fuel surcharge waiver and the convenience of contactless payments. It also provides an opportunity for annual fee reversal based on your spending, making it a value-for-money option for regular card users.

Welcome Benefits

• Spend Rs. 2,000 or more in the first 60 days of card issuance to receive 2,000 bonus Reward Points.

Fees

• Joining Fee (one-time): 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 the annual spends for the previous year are Rs. 1,00,000 or more.
• Add-on Card Fee (per annum): NIL
• Fuel Surcharge: Get freedom from paying the 1% Fuel Surcharge at any Petrol pump for transactions between Rs. 500 to Rs. 3,000.
  • Maximum surcharge waiver is up to Rs. 100 per statement cycle.
• For information regarding other applicable fees and charges, refer to the Most Important Terms & Conditions.
• All taxes would be charged as applicable on all fees, interest, and other charges.

Rewards

• Accelerated Rewards: Earn 10 Reward Points for every Rs. 150 spent on Dining, Movies, Departmental Stores, and Grocery purchases.
• Standard Rewards: Earn 1 Reward Point for every Rs. 150 spent on all other categories.
• Fuel Benefits: Enjoy a 1% fuel surcharge waiver for transactions between Rs. 500 and Rs. 3,000 at any petrol pump in India. The maximum waiver is capped at Rs. 100 per statement cycle.

Rewards Redemption Guide

• Your earned Reward Points can be used to pay the outstanding balance on your Credit Card.
• Alternatively, you can redeem your Reward Points against a wide array of gifts from the Rewards Catalogue.
• The redemption value is 4 Reward Points = Rs. 1.

Important Product Details

• Contactless Advantage: Make daily purchases easily by simply waving your card at a secure reader. This offers fast, convenient, and secure transactions by reducing the risk of card loss and fraud due to skimming. The unique security key feature ensures only one transaction goes through even if waved multiple times.
• Worldwide Acceptance: The UCO Bank SimplySAVE SBI Card is accepted at over 24 million outlets globally, including 3,25,000 outlets in India. It can be used at any outlet that accepts VISA/RuPay cards.
• Add-on Cards: Empower your family members (parents, spouse, children, or siblings above 18 years) with add-on cards.
• Cash on the Go: Withdraw cash from over 1 million VISA/RuPay ATMs across the globe.
• Utility Bill Payment Facility: Pay your electricity, telephone, mobile, and other utility bills conveniently using the Easy Bill Pay facility.
• Flexipay: Convert your transactions of Rs. 2,500 or more into easy monthly installments. This can be initiated by logging onto sbicard.com within 30 days of the purchase.
• Balance Transfer on EMI: Transfer outstanding balances from other bank credit cards to your UCO Bank SimplySAVE SBI Card to benefit from a lower interest rate and repay in EMIs. This service can be availed via sbicard.com.

Other Details

• This is a co-brand product, and there may be fee and revenue sharing between SBI Card and the co-brand partner.
• Your continued use of the card will be deemed as acceptance of any amendments to the Terms and Conditions.
• For assistance, you can call the SBI Card helpline at 1860 180 1290 or 39 02 02 02 (prefix local STD code).
• All information provided is subject to change at the discretion of SBICPSL.
• For a comprehensive list of fees, charges, and other important information, refer to the Most Important Terms & Conditions available on www.sbicard.com.
• For timely processing of cheque payments, ensure to submit account payee cheques following CTS 2010 standards.