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Federal Bank Imperio vs SBI SimplySAVE Credit Card Compared

Which credit card suits you? Side by side on the numbers that decide it. A blank means the provider has not published that figure, not that it is zero. Data last verified: 11 October 2026.

Federal Bank Imperio Credit Card versus SBI SimplySAVE Credit Card compared
FeatureFederal Bank Imperio Credit CardFederal Bank Imperio Credit CardFederal Bank3 recent changes →
SBI SimplySAVE Credit CardSBI SimplySAVE Credit CardState Bank of India4 recent changes →
Rewards by spend
Rewards0.17% base, up to 0.5% on groceries0.17% base, up to 1.67% on dining
UPI payments (scan and pay)sameEarns nothingEarns nothing
Online shoppingsame0.17%0.17%
Dining and food delivery0.17%1.67%
Groceries0.5%1.67%
Travel: flights, hotels, trainssame0.17%0.17%
FuelsameEarns nothingEarns nothing
Bills and recharges0.33%0.17%
RentsameEarns nothingEarns nothing
Insurance premiumssame0.17%0.17%
School and college feessame0.17%0.17%
Wallet top-upsEarns nothing0.17%
Taxes and government paymentssameEarns nothingEarns nothing
Spend abroad or in a foreign currencysame0.17%0.17%
Everything elsesame0.17%0.17%
Card identity
Card typeGroceryDining
NetworksameVisaVisa
Card tierMidEntry
Fees
Joining feeFree₹499 + GST
Annual feeFree₹499 + GST
Lifetime freeYesNo
Fee waived at₹0₹1,00,000
Eligibility
Min age21 years-
Employment typesameBOTHBOTH
Rewards
Reward typesameReward pointsReward points
Point valuesame₹0₹0
Fuel surcharge
Fuel surcharge waiversameYesYes
Fuel waiver cap₹150₹100
Lounge access
Domestic lounge visits8-
International lounge visits0-
Lounge conditionSpend Rs 40,000 in the qualifying billing cycle for domestic lounge access-
Forex and international
Forex markupsame3.5%3.5%
Interest and charges
Interest rate (monthly)same3.75%3.75%
Interest rate (annual)same45%45%
Redemption
Redemption fee₹99-
Page content
Documents neededsamePAN card Aadhaar / valid address proof Latest 3 months bank statement Income proof, salary slips (salaried) or ITR (self-employed) Recent passport-size photographPAN card Aadhaar / valid address proof Latest 3 months bank statement Income proof, salary slips (salaried) or ITR (self-employed) Recent passport-size photograph
ApplyApply NowApply Now

Worth in Rupees at ₹20,000 a Month

Federal Bank Imperio Credit Card
Rewards a year
₹612
Fee a year
₹0
You keep
₹612
SBI SimplySAVE Credit Card
Rewards a year
₹1,320
Fee a year
₹0
You keep
₹1,320

At this spend, SBI SimplySAVE Credit Card comes out ₹708 a year ahead of Federal Bank Imperio Credit Card. Worked out from each card's published reward rate, caps and fee, on ₹20,000 a month. Your own spend changes the answer: try the rewards calculator.

Best For

Federal Bank Imperio Credit Card
  • Groceries: 0.5% back
  • Utility bills: 0.33% back
  • Anyone who wants no annual fee, ever
  • Flyers: 8 airport lounge visits a year
SBI SimplySAVE Credit Card
  • First-time card users
  • Families with regular grocery bills
  • People who eat out often

Watch-Outs

Federal Bank Imperio Credit Card
  • Skip it if most of your spending is fuel, rent, wallet top-ups or government payments: those earn nothing on this card
  • Skip it if you pay mostly by UPI: a Visa or Mastercard card cannot pay by UPI
  • Skip it if you rarely spend on groceries: the 0.5% rate applies only there, everything else earns 0.17%
  • Skip it if you often pay in foreign currency: 3.5% is added to every foreign spend
SBI SimplySAVE Credit Card
  • Very low rate outside 10X categories
  • Accelerated points are capped monthly
  • No lounge access

Card data sourced via CardAdvisor.in (Federal Bank Imperio Credit Card, SBI SimplySAVE Credit Card), India Credit Card Facts, CC BY 4.0, adapted by SkyloFin.

Questions People Ask

Which has the lower annual fee, Federal Bank Imperio Credit Card or SBI SimplySAVE Credit Card?

Federal Bank Imperio Credit Card. Federal Bank Imperio Credit Card: no annual fee; SBI SimplySAVE Credit Card: ₹499. Check whether a spend-based waiver applies before you decide.

Which is better for spending abroad?

Federal Bank Imperio Credit Card has the lowest forex markup. Federal Bank Imperio Credit Card: 3.5%; SBI SimplySAVE Credit Card: 3.5%. The markup is charged on every foreign-currency transaction, before GST.

Which earns more on everyday spending?

On spends outside any bonus category: Federal Bank Imperio Credit Card 0.17%, SBI SimplySAVE Credit Card 0.17%. Bonus categories, rates limited to named merchants and monthly caps change the picture, so compare the rewards by spend too.

Can I hold more than one of these cards?

Usually yes, if each bank approves you. Many people keep one card for everyday spending and another for a specific use such as travel. Each application is a separate credit check.

Work Out the Numbers

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