SBI Prime Credit Card vs SBI SimplySAVE Credit Card

SBI Cards offers a humongous range of credit cards to its customers. From entry-level credit cards to super-premium credit cards you can find a credit card that fits your needs and spending habits. Two of the most popular credit cards are the SBI Prime credit card and SBI SimplySAVE Credit Card which you can consider applying for. We have covered these two credit cards in this article with their features and benefits so that you can make an informed decision. Keep reading to kick start your research.

SBI Prime Credit Card

This one is specially designed to meet the shopping and travel needs of the public. The SBI Prime Credit Card is the premium credit card offered by the SBI Cards. Here are the key highlights of this credit card.

Joining Fee: Rs. 2,999 plus applicable taxes 

Renewal Fee: Rs. 2,999 plus applicable taxes 

Spend-based Waiver: The renewal fee will be waived off on spending Rs. 3 lakhs in the previous year.

Features and Benefits:

• Get a gift voucher worth Rs. 3,000 from the brands like Bata, Pantaloons, Shoppers Stop, etc. as a welcome offer.
• Earn 10 reward points on every Rs. 100 spent on dining, groceries, departmental store, and movie ticket bookings.
• Earn 2 reward points on every Rs. 100 spent on all other retail transactions.
• Enjoy 8 complimentary domestic lounge access and 4 complimentary international lounge access every year with this credit card.
• Enjoy exclusive golf benefits as well with this credit card.
• Save up to Rs. 25% on dining bills at partner restaurants.
• Get comprehensive insurance benefits such as air accident cover worth Rs. 50 lakhs, fraud liability cover worth Rs. 1 lakh, etc.
• Get a 1% fuel surcharge waiver on fuel transactions between Rs. 500 - Rs. 4,000.

SBI SimplySAVE Credit Card

This is an entry-level credit card designed to meet the shopping needs of those who shop a lot. The SBI SimplySAVE Credit Card is best suited for first-time credit card users. The key highlights of this credit card are as follows.

Joining Fee: Rs. 499 plus applicable taxes 

Renewal Fee: Rs. 499 plus applicable taxes 

Spend-based Waiver: The renewal fee will be waived off on spending Rs. 1 lakh in the previous year.

Features and Benefits:

• Under welcome benefits, the credit card holder gets 2,000 reward points on spending Rs. 2,000 within 60 days of card issuance.
• Earn 1 reward point on every Rs. 100 spent using this card.
• Earn 10 reward points on every Rs. 100 spent on groceries, dining, movies, and departmental store purchases.
• Get a 1% fuel surcharge waiver on the fuel transactions between Rs. 500 - Rs. 3,000.

Bottom Line:

To conclude, both credit cards are worth the consideration. It completely depends on your needs and spending habits and which credit card will complement them. Having the right credit card is much better than having a credit card that does not help you enjoy the benefits. Whichever credit card you choose just remember to adhere to the repayment cycles and you will be good to go.

Do share your experience with the SBI Prime credit card and SBI SimplySAVE credit card in the comment section.

Additional Reading - Easy Guide To Managing Your Credit Card!