SBI Cashback

The SBI Cashback Credit Card is a straightforward, rewards-focused card issued by SBI Card, designed for Indian consumers who spend heavily online and on dining. With up to 5% cashback on eligible categories and a modest annual fee of ₹999, it delivers real value for digitally active shoppers. Whether you are ordering food, shopping on e-commerce platforms, or managing everyday expenses, this card puts money back in your wallet on every swipe.

Key Benefits

• 5% cashback on Online Shopping – earn meaningful rewards every time you shop on e-commerce websites.
• 5% cashback on Dining – save on restaurant bills, food delivery apps, and café visits.
• 1% cashback on Travel & Lifestyle – covers travel bookings, entertainment, and lifestyle spends.
• 1% cashback on General Purchases – ensures you earn on everyday transactions that fall outside other categories.
• 1% Fuel Surcharge Waiver – save on fuel transactions, capped at ₹100 per month.
• No welcome benefit – the card's value is built entirely into its ongoing cashback structure, keeping things transparent.

> Note: No complimentary domestic or international airport lounge visits are included with this card.

Rewards Structure

| Spend Category | Cashback Rate |
|---|---|
| Online Shopping | 5% |
| Dining | 5% |
| Travel & Lifestyle | 1% |
| General Purchases | 1% |

How cashback works: Cashback is credited as a statement credit, effectively reducing your outstanding balance. The 5% rate on online shopping and dining makes this card especially valuable for consumers who frequently transact on e-commerce platforms or dine out. Always check that your merchant qualifies under the respective category, as SBI Card's merchant classification determines the applicable cashback rate.

Fees & Charges

| Fee Type | Amount |
|---|---|
| Joining Fee | ₹999 |
| Annual Fee | ₹999 |
| Finance Charge (Interest) | 3.50% per month |
| Forex Markup Fee | 3.50% |
| Fuel Surcharge Waiver | 1% (capped at ₹100/month) |

Important: The finance charge of 3.50% per month (approximately 42% per annum) applies to any revolving balance. To maximise the cashback benefit and avoid interest costs, it is strongly recommended to pay your full outstanding balance by the due date each month. The forex markup of 3.50% makes this card less suitable for international transactions.

Card Features

• Cashback card for online-first spenders – best suited for consumers whose primary spends are online and at dining establishments.
• Simple reward structure – cashback is straightforward with no points conversion required.
• Statement credit model – cashback is applied directly to your card statement, reducing your payable amount.
• Fuel surcharge waiver – 1% waiver on fuel purchases at petrol pumps, subject to a ₹100 monthly cap.
• No lounge access – this is a core-tier card and does not include complimentary airport lounge access, either domestically or internationally.
• No welcome bonus – there is no one-time joining perk; value is delivered through ongoing cashback.

Eligibility Criteria

To apply for the SBI Cashback Credit Card, applicants must meet the following minimum requirements:

• Minimum Annual Income: ₹6,00,000
• Minimum CIBIL Score: 720
• Nationality: Indian resident (salaried or self-employed, subject to SBI Card's standard underwriting norms)
• Age: Must meet SBI Card's standard age requirements for primary cardholders (typically 21–65 years; verify current norms at application)

Meeting the minimum criteria does not guarantee card approval. SBI Card evaluates each application based on its internal credit assessment policy, existing credit obligations, and other eligibility parameters.

Terms & Conditions

• Cashback rates and category classifications are subject to change at SBI Card's discretion. Always refer to the most current Most Important Terms and Conditions (MITC) document available on SBI Card's official website.
• The 5% cashback on online shopping and dining may be subject to monthly or annual earn caps as defined by SBI Card. Verify applicable caps before applying.
• The 1% fuel surcharge waiver is capped at ₹100 per statement cycle and is subject to minimum and maximum transaction thresholds set by SBI Card.
• Cashback earned will be credited to your card account as a statement credit within the timeframe specified by SBI Card.
• Finance charges of 3.50% per month apply from the transaction date if the total outstanding is not paid in full by the payment due date.
• GST and other applicable government levies will be charged on fees and finance charges as per prevailing rates.
• All information on this page is provided for informational purposes only. Terms and conditions apply. Naxelona is a marketplace platform and not the card issuer. Final approval, features, and terms are governed solely by SBI Card. Please read all offer documents carefully before applying.