Apply Karnataka Bank SBI SimplySAVE Card – Benefits, Offers, Rewards, Features

Do you want to apply Karnataka Bank SBI SimplySAVE Card?. Then you are on the right page. In the previous article, we have given complete details about SimplySAVE Advantage SBI Card. Through this article, We are going to provide Karnataka Bank SBI SimplySAVE Credit Card details like Benefits, Features, Rewards, Offers. People who are applying for the Karnataka Bank SBI SimplySAVE Credit Card has to check the complete details like Eligibility, Required documents, Privileges, Welcome gifts, Rewards, Features, cashback offers, Lounge programs, and shopping offers given by the Karnataka Bank SBI SimplySAVE Credit Card.

Here, we have provided the image of Karnataka Bank SBI SimplySAVE Credit Card. Also, you can check annual and late fee payment charges. We have also given a link to track your Karnataka Bank SBI SimplySAVE Credit Card application status.  Continue reading this article to get more details of Karnataka Bank SBI SimplySAVE Card.

Karnataka Bank SBI SimplySAVE Card

About Karnataka Bank SBI SimplySAVE Credit Card

EventsInformation
Card NameKarnataka Bank SBI SimplySAVE Credit Card
BankSBI Bank
Card TypeCredit Card
Credit Usage LimitIt depends upon income, job & previous credit score of the cardholder.
Cash Usage LimitUsually 25% of the total Credit Limit.
Annual ChargesRs. 499/- + GST
Reward PointsGet 1 reward point for every Rs. 100/- spent.
International UsageYes
Official WebsiteClick here

Karnataka Bank collaborated with SBI and launched Karnataka Bank SBI SimplySAVE Credit Card in March 2017. This Card has been designed by keeping in mind the value conscious customers and allow the customers to save money while spending. This card came with Benefits, Welcome Gifts, Cashbacks, Reward Points, etc.,

Card NameKarnataka Bank SBI SimplySAVE Credit Card
Age limit18 to 65 years
EligibilityExisting customer of SBI Bank only can apply for this card.

Eligibility Criteria

To apply for Karnataka Bank SBI SimplySAVE Credit Card, the applicant should have the following eligibility:

  • The age of the applicant should be in between 18 & 65 years.
  • Applicant should already have an account in SBI Bank.
  • The applicant must be a resident of India.
  • This card will be given on the basis of Job & credit score of the cardholder.

Required Documents

You have to submit the following documents while applying for Karnataka Bank SBI SimplySAVE Credit Card:

  • PAN Card
  • Resident proof – Aadhar card, Voter card.
  • Identity proof(any one of the above) – Aadhar card, Ration Card, voter card, PAN Card, Driving license.
  • Address proof(any one of the above) – Utility Bills(telephone, electricity, etc.,), Aadhar card, Ration card.
  • Passport-sized photographs
  • Last 3 months payslips, Latest six months Bank statements.

How to Apply Karnataka Bank SBI SimplySAVE Credit Card – Application process

To apply for Karnataka Bank SBI SimplySAVE Credit Card – Click here

Follow the below steps to apply for Karnataka Bank SBI SimplySAVE Card:

  • Get into the Official page of SBI – www.sbicard.com.
  • A home page will appear, here click on “Personal”>”Credit cards”>” All Cards”>”Karnataka Bank SBI SimplySAVE Card”.
  • A detailed page of Karnataka Bank SBI SimplySAVE Credit Card will open.
  • While scrolling down, “Apply now” option will appear.
  • Here fill the details like First name, Mobile number, City & Email ID.
  • Once all the details were checked, Click on “I want to apply now” button.

Benefits/ Privileges

  • Cash Points
  • Value Back
  • 0% Fuel Surcharge
  • Welcome offer

Features of Karnataka Bank SBI SimplySAVE Credit Card

  • Worldwide acceptance
  • Empower your family
  • Cash on the go
  • Online Booking of Railway Tickets
  • Utility Bill Payment Facility
  • Balance Transfer on EMI
  • Flexipay
  • Easy Money
  • SBI Card Drop Box Locator

Karnataka Bank SBI SimplySAVE Credit Card Limit

The Karnataka Bank SBI SimplySAVE Credit Card Limit is depended upon income & job of credit Cardholder. It is also based upon the credit score of the customer. There is no fixed limit for Karnataka Bank SBI SimplySAVE Credit Card. To know about your Karnataka Bank SBI SimplySAVE Credit Card limit, Log into the SBI Card Mobile App and check the ‘Total Outstanding’ under the Summary Tab.

Welcome Offer

Spend Rs. 2,000 or more in 1st 60 days of receiving your credit card and get 2,000 bonus reward points. Get Rs. 100 cashback on your 1st ATM cash withdrawal within 30 days of receiving your card.

Cash Points and Value Back offers

Earn 1 reward point for every Rs. 100 spent. Use your reward points to pay your credit card dues or redeem against a wide array of gifts from the rewards catalog. Get up to 2.5% cashback on all departmental stores and grocery purchases.

0% Fuel Surcharge Waiver

Get freedom from paying the 1% fuel surcharge at any petrol bunks. Every transaction of Rs. 500 to Rs. 3,000 at any petrol pump in the country, will save you the 1% fuel surcharge. You get max. surcharge waiver of up to Rs. 100/- per statement cycle & per credit card account.

Fee and Charges

ChargesAmount
Fees
  • Annual Fee (one time) is Rs. 499/-
  • Renewal Fee (per annum): Rs. 499/-
  • Add-on Fee (per annum): Nil
Extended Credit
  • The interest-free credit period is 20-50 days, applicable only on retail purchases and if previous month’s outstanding balance is paid totally.
  • Finance charges are up to 3.35% per month, 40.2% per annum from the withdrawal.
  • 5% of Total Outstanding Min. Rs.200 plus all applicable taxes + EMI based products + OVL amount.
Cash Advance
  • Cash advance limits up-to 80% of the credit limit, with a max. of Rs. 12,000/- per day.
  • Free credit period: Nil
  • Finance charges were Up-to 3.35% per month, accounting to 40.2% per annum from the date of transaction
Cash Advance Fee
  • In SBI ATM’s or other domestic ATM’s: 2.5% of withdrawal, subject to a min. of Rs.300/-
  • International ATM’s are 3% of withdrawal amount, subject to a min. of Rs.300/-
Surcharges
  • Rs. 30 + 2.5% of transaction money for Railway tickets through counters.
  • 1.8% of transaction amount + applicable service charge, for Railway tickets through irctc.co.in
  • Petrol & all products/services sold at petrol pumps: 1% fuel surcharge waiver for each transaction between Rs. 500/-and Rs. 3,000/- exclusive of applicable taxes and all other charges. Maximum surcharge waiver of Rs.100/statement cycle & per credit card accounts. 1% of transaction amount for transaction Amount Between Rs. 500/- to Rs. 3,000/-
Other charges
  • Cheque Fee: Rs. 100/- (Payments made via cheque up to Rs. 10,000/-)
  • Payment Dishonor fee is 2% of the payment amount, subject to a min. of Rs. 450/-
  • Statement retrieval program is Rs. 100/- per the statement, which is 2 or more months old
  • Late payment charge is NIL for Total Amount due from 0- 200 Rupees; Rs. 100 for the total amount due above Rs. 200 & up to Rs. 500/-; Rs. 400 for the total amount due above Rs. 500/- & up to Rs. 1000; Rs. 600 for the total amount due above Rs. 1000 & up to Rs. 10,000;  Rs. 800 for the total amount due above Rs. 10,000 & up to Rs. 25,000;  Rs. 950 for total charge due above Rs. 25,000.
  • Overlimit:  Overlimit amount of 2.5%, subject to a minimum of Rs. 500/-
  • Card replacement: Rs. 100/-
  • Card replacement, when abroad: Actual cost, with a minimum of $175
  • Foreign currency transaction: Conversion mark up: 3.5%
  • Card upgrade fee: Up to Rs. 200/-
  • Dynamic Currency Conversion: Markup Fee: 3.50% (For All Cards Except Elite) 1.99%(For Elite Cardholders Only) (Only for transactions greater than or equal to Rs. 1,000)
  • Rewards redemption fee: Rs. 99/-
  • Priority Pass Lounge Charges: All Airport Lounge visits within India through the Priority Pass Program will be charged with a 19 rupees usage fee of $27 per visit + applicable taxes. All Airport Lounge visits of other countries through the Priority Pass Program, after exhausting the complimentary visits, will be charged with a usage fee of USD 27 per visit + other applicable taxes.
  • Cash Payment Fees: Rs. 100/-
Track Application
  • To Track your Karnataka Bank SBI SimplySAVE Credit Card application status – Click here
  • To Retrieve your Karnataka Bank SBI SimplySAVE Credit Card application status – Click here

Karnataka Bank SBI SimplySAVE Credit Card Review

By taking into consideration of reviews of customers, we have given the Pros and Cons of Karnataka Bank SBI SimplySAVE Credit Card below:

Pros

  • Rewards, value back, and Cashpoints
  • Features & privileges

Cons

  • Poor customer care service.
  • Annoying calls from SBI.
  • Charging extra bills without intimating to customers.
Contact Details

SBI Cards and Payment Services Private Limited

Unit 401 & 402, 04th Floor,

 Aggarwal Millennium Tower,

E-1,2,3 Netaji Subhash Place,

Wazirpur, New Delhi -110034

Tel: 0124-4589803

Hope you may get the complete information of Karnataka Bank SBI SimplySAVE Credit Card like About Karnataka Bank SBI SimplySAVE Credit Card, Eligibility, Required Documents, How to Apply Karnataka Bank SBI SimplySAVE Credit Card, Benefits, Privileges, Rewards, Fees & charges, Tracking application details and Contact details. Don’t forget to share this article with your friends.

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