Karnataka Bank SimplySAVE SBI Card
Rewards & Benefits
Welcome Benefits
Milestone Benefits
Cashback Rate
Users will earn 1 reward point for every ₹150 spent except for spending on fuel, insurance, utilities and cash transactions.
The value of 1 reward point is Rs. 0.25. Effective cashback ate: 0.16%.
10 reward points for every ₹150 spent on movies, dining, grocery & departmental stores. Effective cashback rate: 1.66%.
Movie Benefits
Dining Benefits
Other Benefits
Customers can also convert their spending into easy monthly instalments with the Flexi pay privilege.; 2 add-on cards at no additional cost.; 1% fuel surcharge waiver at all petrol pumps.
Lounge Access
Fees & Charges
Joining Fee
499+ taxes
Annual Fee
499+ taxes
Cash Advance Fee
Cash advance fee: 2.5% per month from date of withdrawal
Interest rate
3.50% per month [42% per
annum]
Late Payment Fee
Late Payment Charges: NIL foe Rs.0-Rs.500 Rs.400 for Rs.500 & up to Rs.1,000 Rs.750 for Rs.1,000 & upto Rs.10,000 Rs.950 for Rs.10,000 & upto Rs.25,000 Rs.1,100 for Rs.25,000 upto Rs.50,000
Foreign Currency Transactions Fee
Foreign Currency Transactions Fees: 3.5%.
Other Fees
Reward Redemption Fees: NIL
दोष
No welcome benefit is provided to the users.
Reward System: Users will earn 1 reward point for every ₹150 spent except for spending on fuel, insurance, utilities and cash transactions. The value of 1 reward point is Rs. 0.25. Effective cashback ate: 0.16%m. 10 reward points for every ₹150 spent on movies, dining, grocery & departmental stores. Effective cashback rate: 1.66%.
Customers can also convert their spending into easy monthly instalments with the Flexi pay privilege.
On annual spending of ₹90,000, the annual fee will be waived.
2 add-on cards at no additional cost.
1% fuel surcharge waiver at all petrol pumps.
पक्ष विपक्ष
Welcome Benefits
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पुरस्कार प्रणाली
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अंतर्राष्ट्रीय विदेशी मुद्रा मार्कअप
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स्वागत लाभ और पुरस्कार प्रणाली
विशेष लक्षण
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Eligibility Criteria
resident of India.
Minimum age of 21 years.
Minimum annual income of Rs. 3 lakhs.
Must have a good credit history.
विशेष विशेषता, पात्रता और लाभ
क्रेडिट कार्ड के लिए आवेदन कैसे करें?
To apply for a Karnataka Bank SimplySAVE SBI Card, you can follow these steps:
Online Visit the Karnataka Bank website or the SBI Card website. Click on the "Apply Now" button for the Karnataka Bank SimplySAVE SBI Card.
Fill in the online application form and submit it.
A bank representative will contact you to complete the process.
Documents required KYC documents (proof of identity, proof of address, and proof of signature) Income proof (such as income tax returns, Form 16, or bank statements)
सम्पर्क करने का विवरण
Customer Care Number. 1800 425 1444 (Toll free). 1800 572 8031 (Toll free).
खाता खोलने की प्रक्रिया और प्रक्रिया
विशेष विशेषता, पात्रता और लाभ
Pros:-
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Cons:-
Reward System: Users will earn 1 reward point for every ₹150 spent except for spending on fuel, insurance, utilities and cash transactions. The value of 1 reward point is Rs. 0.25. Effective cashback ate: 0.16%m. 10 reward points for every ₹150 spent on movies, dining, grocery & departmental stores. Effective cashback rate: 1.66%.
Customers can also convert their spending into easy monthly instalments with the Flexi pay privilege.
On annual spending of ₹90,000, the annual fee will be waived.
2 add-on cards at no additional cost.
1% fuel surcharge waiver at all petrol pumps.
No welcome benefit is provided to the users.
The Karnataka Bank SimplySAVE SBI Card is a decent option for value-conscious individuals who primarily spend on dining, movies, groceries, and occasional fuel transactions. It offers a welcome gift, decent reward rates on these categories, fuel surcharge waiver, and basic card benefits. However, the average reward rate, limited redemption options, and low fuel waiver cap might not be suitable for high spenders or those seeking maximum value and flexibility.
The Karnataka Bank SimplySAVE SBI Card is a decent option for value-conscious individuals who primarily spend on dining, movies, groceries, and occasional fuel transactions. It offers a welcome gift, decent reward rates on these categories, fuel surcharge waiver, and basic card benefits. However, the average reward rate, limited redemption options, and low fuel waiver cap might not be suitable for high spenders or those seeking maximum value and flexibility.
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
उत्पाद समीक्षा
फीस एवं प्रभार
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ईंधन अधिशुक्ल
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Billing Cycle
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