SBI CashBack Credit Card
SBI CashBack Credit Card
Joining Fees
Renewal Fees
Best Suited For
Reward Type
Welcome Benefit
₹ 999 + GST
₹ 999 + GST
Shopping
Cashback
NA
Rewards and Benefits
Welcome Benefits
NA
Rewards Rate
5% cashback for every online transaction and 1% cashback on other offline transactions. You can earn a maximum of Rs. 5000 cashback in a single statement cycle.
Reward Redemption
Cashback earned with the card will be automatically credited to next month’s statement.
Zero Liability Protection
The cardholder will not be liable for any fraudulent transaction if the card is reported lost or stolen to the bank in a timely manner.
Movie & Dining
NA
Travel
NA
Fuel
NA
Domestic Lounge Access
NA
International Lounge Access
NA
Insurance Benefits
NA
Fees & Charges
Joining Fees
₹ 999 + GST
Annual Fees
₹ 999 + GST
Spend Based Waiver
The annual fee can be waived on spending Rs. 2,00,000 or more in the previous year.
Rewards Redemption Fee
NA
Foreign Currency Markup
3.5% of the international transaction
Interest Rates
3.5% p.m. (42% p.a.)
Fuel Surcharge
1% fuel surcharge waiver for transactions between Rs. 500 and Rs. 3,000 at petrol pumps across India. (waiver capped at Rs. 100 per statement)
Cash Advance Charges
2.5% of the amount withdrawn or a minimum charge of Rs. 500.
Add-on Card Fee
NA
Product Details
- Get 5% cashback on every online transaction (maximum Rs. 5,000 cashback per month).
- 1% cash back on every offline transaction.
- Spend-based annual fee waiver.
- 1% fuel surcharge waiver capped at Rs. 100 per month.
Pros or Cons
Pros
- Decent 5% cashback on online and 1% cashback on offline spends.
- The monthly cashback cap of Rs. 5,000 is high when compared to other cashback cards.
- Great for online spendings as most cashback cards don’t offer 5% back and have lower rewards.
Cons
- There are several categories excluded from 1% cashback.
- It can be hard to reach the spend-based waiver as many major spend categories don’t accrue cashback.
- Complimentary lounge access has been discontinued on the card.
- During online sales, you do not get an instant discount on the cashback card.
Cashback
- Product Details
Charges
- Product Details
Advantage
- Product Details
Drawbacks
- Product Details
How to Apply
- Product Details
Eligibility Criteria
- Age of 18 and 70 years.
- Resident of India or a Non-Resident Indian
Document Required
- Color photograph
- Identity Proof (Aadhaar Card / Driving License / Passport)
- PAN Card
- Residence Proof (Ration Card / Electricity Bill / Telephone Bill / Passport)
- Proof of income (latest Pay Slip / Form 16 / IT return Copy)
Card Limit
- Product Details
Application Status
- Product Details
Card Login
- Product Details
Card Pin Generation
- Product Details
Card Review
- Product Details
FAQ
- Product Details