Synopsis: This article lists the five best SBI Credit Cards that have zero to minimal joining fees and waivable annual fees. Check out which card provides the most suitable benefits and rewards for your budget.
SBI Card offers a range of credit cards that are crafted specifically to be hassle free and easy to waive annual fees. It does so by providing welcome gifts that cover your entry fee and additionally by hitting modest spending milestones, you can easily make these cards into Lifetime Free assets.
5. SBI SimplyCLICK Credit Card
- Joining and Annual Fee: ₹499 + taxes
- Fee Waiver: Fee waived on a spend of ₹1,00,000 in a year
- Welcome Bonus: Amazon Voucher worth ₹500 on payment of annual fee.
Best suited for: Online shoppers & digital payment users
Benefits:
- 10x reward points on partners including Myntra, Apollo 24×7, BookMyShow, Cleartrip, Domino’s, and Yatra.
- 5x reward points on all other online spends
- Get an e-voucher worth ₹2,000 from Cleartrip/Yatra on reaching ₹1 Lakh annual spend and another at ₹2 Lakhs.
- Points on online spends are capped at 10,000 per month.
4. SBI SimplySAVE UPI RuPay Card
- Joining and Annual Fee: ₹499 + taxes
- Fee Waiver: Spend of ₹1,00,000 in a year
- Welcome Bonus: 2,000 bonus points worth ₹500 on spending ₹2,000 in the initial 60 days. (Activation bonus)
Best Suited For: Daily Groceries runs to the stores
Benefits:
- 10X reward points on Dining, Movies, Groceries, and Stores (for every ₹150 spent).
- Can link this card to apps like GPay/PhonePe
- ₹100 return as cashback on first ATM withdrawal if done within the initial 30 days.
3. IRCTC SBI Platinum Card
- Joining Fee: ₹500 + taxes
- Renewal Fee: ₹500 + taxes
- Welcome Bonus: 350 Bonus points worth ₹350 for the first transaction of ₹500+.
Best Suited For: Frequent Train Travelers
Benefits:
- 4 complimentary railway lounge access per year (capped at 1 per quarter).
- Save the 1% transaction surcharge usually applied to railway bookings.
- 1 point on every ₹125 spending on non-fuel retail purchases
- Get 500 Reward Points (Value: ₹500) upon paying the renewal fee.
2. BPCL SBI Credit Card
- Joining/Annual Fee: ₹499 + taxes
- Fee Waiver: Spend of ₹50,000 in a year (the easiest waiver in the list).
- Welcome Bonus: 2,000 Bonus Points (Value: ₹500) on fee payment.
Best Suited For: Fuel Spending and Personal Vehicle Commuters
Benefits:
- 13X reward points on fuel at BPCL pumps + 1% fuel surcharge waiver. (capped at 1,300 points per billing cycle)
- Maximum surcharge waiver of ₹100 in a billing cycle
- 5 reward points on Groceries, Dining, and Movies.
1. SBI Card Unnati
- Joining Fee: NIL
- Annual Fee: NIL for the first 4 years and ₹499 afterwards
- Requirement: Applicant need to have a Fixed Deposit of minimum ₹25,000
Best Suited For: Beginning your credit journey
Benefits:
- On a spend of ₹50,000 in a year, you get a flat ₹500 cashback
- 1 Reward Point per ₹100 spent on all retail categories.
- 1% fuel surcharge waiver for transaction between ₹500 & ₹3000
Also Read: This Co-Branded Credit Card Offers an Impressive 6% Cashback – Find Out Which One
Comparison Table:
| Card Name | Best For | Annual Fee | Fee Waiver (Spends) | Top Benefit |
| SimplyCLICK | Online Shopping | ₹499 | ₹1,00,000 | 10X Points on Partners |
| SimplySAVE | UPI & Groceries | ₹499 | ₹1,00,000 | 10X Points (Dining/Groceries) |
| IRCTC Platinum | Train Travel | ₹500 | No Waiver | 10% Value Back on AC Tickets |
| BPCL SBI | Fuel & Gas | ₹499 | ₹50,000 | 4.25% Value Back on Fuel |
| Unnati | Beginners | ₹0 (4 Yrs) | N/A | Secured Card (FD Based) |
Final Take
In conclusion, these cards provide you with the option to waive the annual/renewal fees. The additional benefits and easy redemption process of each of these cards make the usage more convenient. The list has a combination of beginner-friendly cards to more advanced shopping focus cards. Thus, pick your cards based on your online spending habits.
Written by Kenbi Riba
