Ola Money Sbi Visa Platinum Credit Card vs Sbi Cards Simplysave Visa Platinum Credit Card: Which is Better in 2026?
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The Ola Money Sbi Visa Platinum Credit Card and Sbi Cards Simplysave Visa Platinum Credit Card cater to different spending habits and preferences. While the former focuses on rewards for Ola rides, the latter offers broader rewards across dining and shopping categories. Both cards have no annual fees for the first year, but differ in their overall reward structures and welcome benefits.
Comparison notes and quick badges use AI, grounded in the benefit data shown in the table. Confirm details on each issuer’s site.
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| Feature | Ola Money Sbi Visa Platinum Credit Card | Sbi Cards Simplysave Visa Platinum Credit Card |
|---|---|---|
| Bank | SBI Cards | SBI Cards |
| Network | Visa | Visa |
| Annual / renewal fee | No Annual Fees - First Year Free | Annual Fee of Rs.499 |
| Annual fee waiver | Spend Rs.1 Lakhs For Waiver of Renewal Fee | Spend Rs.1 Lakhs For Waiver of Renewal Fee |
| Reward rate (headline) | Earn 7% Reward Points On All Ola Rides | Enjoy 10 Reward Points on Every Rs. 150 Spent at Dining |
| Welcome benefit | — | Earn 2000 bonus Reward Points |
| Foreign currency markup | 3.5% - Foreign Currency Transactions | 3.5% - Foreign Currency Transactions |
Which is better for rewards?
The Sbi Cards Simplysave Visa Platinum Credit Card is more advantageous for rewards, offering 10 reward points on every Rs. 150 spent at dining, movies, and grocery stores, along with a welcome benefit of 2000 bonus reward points. In contrast, the Ola Money Sbi Visa Platinum Credit Card provides 7% reward points specifically for Ola rides and 1% on other spends, making it less versatile for general spending.
Which is better for travel?
For travel-related benefits, the Ola Money Sbi Visa Platinum Credit Card stands out due to its specific focus on Ola rides, allowing users to earn significant rewards on transportation. However, both cards incur a forex markup of 3.5% for foreign currency transactions, which is a common feature and does not favor one card over the other in this aspect.
Which has lower effective cost?
Both cards have similar fee structures, with the Ola Money Sbi Visa Platinum Credit Card having no renewal fee for the first year and a waiver upon spending Rs. 1 lakh. The Sbi Cards Simplysave Visa Platinum Credit Card has a nominal annual fee of Rs. 499, which can also be waived under the same spending condition. Thus, the effective cost is comparable between the two cards.
Who should pick Ola Money Sbi Visa Platinum Credit Card?
Consider Ola Money Sbi Visa Platinum Credit Card if you frequently use Ola for transportation and want to maximize rewards on your rides. This card is tailored for users who prioritize ride-sharing services and prefer a no-annual-fee structure for the first year.
Who should pick Sbi Cards Simplysave Visa Platinum Credit Card?
Consider Sbi Cards Simplysave Visa Platinum Credit Card if you want a more versatile rewards program that benefits a variety of spending categories such as dining and shopping. This card is ideal for users looking to earn rewards across multiple platforms, not just travel.
Frequently Asked Questions
There is no annual fee for the first year, and it can be waived by spending Rs. 1 lakh.
You earn 10 reward points on every Rs. 150 spent at dining, movies, and grocery stores, along with 1 reward point per Rs. 150 spent on other purchases.
Yes, both cards have a forex markup of 3.5% for foreign currency transactions.
Yes, it offers 2000 bonus reward points as a welcome benefit.