CUB - SBI Simply SAVE Card
Rewards & Benefits
Welcome Benefits
Welcome Benefit: Users will get Rs 100 cashback on the first ATM cash withdrawal if done within 30 days of receiving the credit card. By spending Rs 2,000 or more in the first 60 days the customers can get 2,000 bonus reward points.
Milestone Benefits
Cashback Rate
Users will earn 10 reward points per INR150 spent on dining, movies, departmental stores and grocery spends. Effective cashback rate: 1.66%.
The value of 1 reward point = 0.25.
Users will earn 1 reward point per INR 150 spent on all other spends. General cashback rate: 0.16%.
Movie Benefits
Dining Benefits
Other Benefits
Transact between Rs 500 to Rs 3,000 at any Petrol pump in India and get freedom from paying the 1% fuel surcharge.; Customers can get an annual membership fee reversal from the second year of their subscription on spending of Rs 1,00,000 or more.
Lounge Access
Rewards & Benefits
Welcome Benefits
Welcome Benefit: Users will get Rs 100 cashback on the first ATM cash withdrawal if done within 30 days of receiving the credit card. By spending Rs 2,000 or more in the first 60 days the customers can get 2,000 bonus reward points.
Milestone Benefits
Cashback Rate
Users will earn 10 reward points per INR150 spent on dining, movies, departmental stores and grocery spends. Effective cashback rate: 1.66%.
The value of 1 reward point = 0.25.
Users will earn 1 reward point per INR 150 spent on all other spends. General cashback rate: 0.16%.
Movie Benefits
Dining Benefits
Other Benefits
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Lounge Access
Fees & Charges
Joining Fee
Nil
Annual Fee
Rs. 499
Cash Advance Fee
Cash advance fee -A transaction fee of 2.5% or Rs. 500 whichever is higher at domestic ATMs and 2.5% or Rs. 500, whichever is higher at international ATMs will be levied
Interest rate
Interest Rate: Up to 3.50% per month (42% per annum) from the transaction date.
Late Payment Fee
Late Payment charges- charged depending on the customer’s Total amount due; ranges from Rs. 0 - 1300
Foreign Currency Transactions Fee
3.50%
Other Fees
Cash Payment fees- Rs.199 +all applicable taxes | Over-limit fee of 2.5 % of the over-limit amount or Rs. 600, whichever is higher will be levied.
Fees & Charges
Joining Fee
Nil
Annual Fee
Rs. 499
Cash Advance Fee
2.5% or ?500 whichever is higher
Interest rate
Interest Rate: Up to 3.50% per month (42% per annum) from the transaction date.
Late Payment Fee
Late Payment charges- charged depending on the customer’s Total amount due; ranges from Rs. 0 - 1300
Foreign Currency Transactions Fee
3.50%
Other Fees
Cash Payment fees- Rs.199 +all applicable taxes | Over-limit fee of 2.5 % of the over-limit amount or Rs. 600, whichever is higher will be levied.
Special Features
Eligibility Criteria
Salaried individual - 21 years or above.
Retired pensioner within the age group of 40-70 years.
Self-Employed individuals above the age group of 25 years
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
Contact Details
91 - 435 - 2402322, + 91 - 435 - 2401622
Account Opening and Procedure
The CUB - SBI Simply SAVE Card is a good option for budget-conscious individuals who want a no-frills credit card with basic rewards and everyday benefits like fuel surcharge waiver, insurance, and contactless payments. However, if you spend heavily or prioritize a high reward rate or diverse redemption options, other cards might be more suitable.
The CUB - SBI Simply SAVE Card is a good option for budget-conscious individuals who want a no-frills credit card with basic rewards and everyday benefits like fuel surcharge waiver, insurance, and contactless payments. However, if you spend heavily or prioritize a high reward rate or diverse redemption options, other cards might be more suitable.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai