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SBI Card against Fixed Deposit vs SBI SimplySAVE

Honest side-by-side comparison of SBI Card against Fixed Deposit, SBI SimplySAVE — annual fees, reward rates, income eligibility, and estimated net annual value on the same spend profile.

Same spend profile for all cards. How we calculate net annual value

Customize your spend

Change spend profile or swap cards — results update live below.

Spend assumptions

All cards use the same monthly spend profile. Saved spends from the quiz or a card page load automatically.

SBI Card against Fixed Deposit

SBI Card

SBI SimplySAVE

SBI Card

Your adjusted comparison

Feature
SBI Card against Fixed Deposit credit card

SBI Card against Fixed Deposit

SBI Card

SBI SimplySAVE credit card

SBI SimplySAVE

SBI Card

Fees & eligibility
Annual feeLifetime free₹499
Fee waiver thresholdLifetime freeNo waiver published
Min incomeNot stated₹18,000/mo
Secured / FD-backedFD-backedStandard
Rewards
Net annual value (moderate)₹1,440/yr₹2,751/yr
Groceries (offline)—₹5,000 → 500 pts/mo × ₹0.25/pt = ₹125.00/mo (₹1,500/yr)
Dining & delivery—₹3,500 → 350 pts/mo × ₹0.25/pt = ₹87.50/mo (₹1,050/yr)
Fuel—₹3,000 → 300 pts/mo × ₹0.25/pt = ₹75/mo (₹900/yr)
Top reward rate80% of FD value10 RP/₹100
Primary reward capNo monthly cap publishedNo monthly cap published
UPI rewardsNot supported (Visa/MC)Earns: 1 Reward Point per ₹100 on eligible spends (base rate) · cap Per SBI monthly caps
Key exclusionsNot statedEMI · Rent · Wallet
Bonuses
Signup bonus—₹2,000

Stack mode (hold both)

Cap-aware split: ~₹3,611/yr combined NAV (₹860 vs best solo). Both annual fees apply.

SBI Card against Fixed Deposit details →SBI SimplySAVE details →

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Reference summary

At a glance (moderate spend)

Quick verdict: On moderate spend, SBI SimplySAVE leads SBI Card against Fixed Deposit by about ₹1,311/yr in estimated net value.

Spend assumptions for this table

Moderate user spend profile · ₹31,000/mo

₹31,000/month total spend — typical India user

Online ₹8,000 · Groceries ₹5,000 · Other ₹4,000 · Dining ₹3,500 · Bills ₹3,500

SBI Card against Fixed Deposit vs SBI SimplySAVE comparison table
FeatureSBI Card against Fixed Deposit

SBI Card

SBI SimplySAVE

SBI Card

Fees & eligibility
Annual feeLifetime free₹499
Fee waiver thresholdLifetime freeNo waiver published
Min incomeNot stated₹18,000/mo
Secured / FD-backedFD-backedStandard
Rewards
Net annual value (moderate)₹1,440/yr₹2,751/yr
Groceries (offline)—₹5,000 → 500 pts/mo × ₹0.25/pt = ₹125.00/mo (₹1,500/yr)
Dining & delivery—₹3,500 → 350 pts/mo × ₹0.25/pt = ₹87.50/mo (₹1,050/yr)
Fuel—₹3,000 → 300 pts/mo × ₹0.25/pt = ₹75/mo (₹900/yr)
Top reward rate80% of FD value10 RP/₹100
Primary reward capNo monthly cap publishedNo monthly cap published
UPI rewardsNot supported (Visa/MC)Earns: 1 Reward Point per ₹100 on eligible spends (base rate) · cap Per SBI monthly caps
Key exclusionsNot statedEMI · Rent · Wallet
Bonuses
Signup bonus—₹2,000

Frequently asked questions

Which card has the lower annual fee?
SBI Card against Fixed Deposit has a ₹0 annual fee (lifetime free or zero-fee tier).
Which card earns more on moderate spend?
SBI SimplySAVE leads with an estimated ₹2,751/yr net annual value on moderate spend.
Which card has the lower income requirement?
SBI SimplySAVE lists a minimum monthly income of ₹18,000.
Which cards are secured (FD-backed)?
SBI Card against Fixed Deposit is secured — useful for thin credit files without a bureau pull at application.
Does this comparison pull my credit score?
No. CardHungry estimates net value from public fee and reward rules only — no bureau check.

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