Share

LIC Axis Bank Platinum 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.

LIC Axis Bank Platinum Credit Card versus SBI SimplySAVE Credit Card compared
FeatureLIC Axis Bank Platinum Credit CardLIC Axis Bank Platinum Credit CardAxis Bank
SBI SimplySAVE Credit CardSBI SimplySAVE Credit CardState Bank of India4 recent changes →
Rewards by spend
RewardsRewards not published0.17% base, up to 1.67% on dining
UPI payments (scan and pay)sameEarns nothingEarns nothing
Online shoppingNot stated0.17%
Dining and food deliveryNot stated1.67%
GroceriesNot stated1.67%
Travel: flights, hotels, trainsNot stated0.17%
FuelNot statedEarns nothing
Bills and rechargesNot stated0.17%
RentNot statedEarns nothing
Insurance premiumsNot stated0.17%
School and college feesNot stated0.17%
Wallet top-upsNot stated0.17%
Taxes and government paymentsNot statedEarns nothing
Spend abroad or in a foreign currencyNot stated0.17%
Everything elseNot stated0.17%
Card identity
Card typeRewardsDining
Network-Visa
Card tier-Entry
Fees
Joining feeFree₹499 + GST
Annual feeFree₹499 + GST
Lifetime freeYesNo
Fee waived at-₹1,00,000
Eligibility
Employment type-BOTH
Rewards
Reward type-Reward points
Point value-₹0
Fuel surcharge
Fuel surcharge waiverNoYes
Fuel waiver cap-₹100
Forex and international
Forex markupsame3.5%3.5%
UPI rewards
Works on UPI-No
Interest and charges
Interest rate (monthly)-3.75%
Interest rate (annual)-45%
Page content
Documents needed-PAN 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

Best For

LIC Axis Bank Platinum Credit Card
  • LIC policyholders
  • First-time card users
  • People wanting a no-fee backup card
SBI SimplySAVE Credit Card
  • First-time card users
  • Families with regular grocery bills
  • People who eat out often

Watch-Outs

LIC Axis Bank Platinum Credit Card
  • No lounge access
  • 3.5% forex fee
  • Modest reward rate on regular spends
SBI SimplySAVE Credit Card
  • Very low rate outside 10X categories
  • Accelerated points are capped monthly
  • No lounge access

Card data sourced via CardAdvisor.in, India Credit Card Facts, CC BY 4.0, adapted by SkyloFin.

Questions People Ask

Which has the lower annual fee, LIC Axis Bank Platinum Credit Card or SBI SimplySAVE Credit Card?

LIC Axis Bank Platinum Credit Card. LIC Axis Bank Platinum 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?

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

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

Other Comparisons

We earn a commission if you are approved, and you pay nothing extra. How we make money.

Compare all the credit cards we list

Credit Cards

Guides in Plain Words

Short reads that explain how it works before you decide.

All Credit Cards guides
SkyloFin - Expense Tracker

Your Money. One Clear View.

Automatically organise your spending, track expenses and understand where your money goes.

  • Reads bank SMS No account linking, no passwords.
  • Sorts every rupee Into categories you can edit.
  • Bills and cards Statements found, due dates reminded.
  • Your Google Drive Backed up to you, never to us.
Get the AppSee how it works