Paying your everyday bill while using a credit card is such an easy and flexible option for people nowadays. They can also earn some points, rewards, or cashback on merchant payments. There are many banks right now which are offering the cashback feature on their credit cards and SBI is one of them. State Bank of India Debit and Credit Cards are the most popular choice for people because this is the largest bank in India. SBI Cashback Credit Card offers 5% cashback on online spending without any merchant restriction and 1% cashback on offline spending.
| Feature/Detail | Details |
| Name of Card | Cashback SBI Card |
| Joining Fee | INR 999 (one-time) |
| Annual Renewal Fee | INR 999 per annum from the second year onwards |
| Annual Renewal Fee Waiver Condition | Reversed if annual spends exceed INR 200,000 |
| Maximum Cashback Limit | INR 5,000 per billing cycle (equivalent to Rs. 1 lakh of online transactions per month) |
| Online Cashback Rate | 5% on all online transactions without merchant restrictions |
| Offline Cashback Rate | 1% on all offline transactions |
| Fuel Surcharge Waiver | 1% surcharge waiver on fuel transactions (Rs. 500 to Rs. 3,000 range) |
| Cashback Auto-Credit Timing | Credited within two working days after statement generation |
This is a hassle-free payment source for the people. Users can see the card cashback to the SBI card account within two working days of your next statement generation because it is auto-generated. A 1% Fuel Surcharge Waiver across all petrol pumps in India is also a feature of this SBI Credit Card Cashback.
What is the joining fee?
Now, let’s talk about the joining fee of the SBI cashback card, which is one-time. It is INR 999. The renewal fee per annum of this card is INR 999 from the second year onwards. The renewal fee is reversed if the annual spend is more than INR 200000.
Why you should use this credit card?
This card is ideal for all those people who prefer online shopping to offline shopping because you will receive 5% cashback on every payment. For example, if you shop for apparel, footwear, grocery, travel, food, accessories and entertainment from the online purchase. You should not use this card if you prefer offline shopping because only 1% cashback is applicable.
What is the maximum cashback limit?
The maximum cashback limit is INR 5,000 in a billing cycle. That means, the online transaction up to Rs1 lakh per month will be eligible for the extra earning. After you cross the limit, the cashback percentage will be 1%.
SBI Cashback Credit Card Features and Benefits (Unique and Detailed Points)
Unmatched Online Cashback:
Enjoy a 5% cashback on all online transactions without any merchant restrictions.
This makes it ideal for frequent online shoppers, ensuring savings on a variety of platforms like e-commerce, travel, and utility payments.
Offline Spending Rewards:
Earn 1% cashback on offline transactions, ensuring value even for everyday purchases at local stores.
Lightning-Fast Cashback Credit:
Cashback earned is automatically credited to your SBI Card account within two working days of statement generation, making the process seamless.
Fuel Surcharge Waiver:
Avail a 1% fuel surcharge waiver across all petrol pumps in India for transactions between Rs. 500 and Rs. 3,000.
Perfect for frequent travelers or daily commuters.
Utility Payments Made Rewarding:
Pay electricity, water, and other bills through platforms like Google Pay and earn cashback on eligible transactions.
Savings on Major Platforms:
Apparel Purchases: Earn substantial cashback when shopping on platforms like Myntra.
Travel Savings: Earn cashback on flight and hotel bookings through MakeMyTrip and Cleartrip.
Food Ordering & Rides: Get cashback on Zomato, Ola Cabs, and Uber spends, making dining and commuting economical.
Hassle-Free Payment Experience:
The SBI Cashback Credit Card is designed for convenience, offering secure and flexible payment options for both online and offline transactions.
Versatile Rewards:
Whether it’s grocery shopping at BigBasket, baby care products on FirstCry, or any miscellaneous offline spend, the card ensures every rupee spent translates to savings.
No Merchant Limitations:
Unlike many credit cards with restricted partner merchants, this card lets you enjoy cashback on any online spend, maximizing flexibility.
Simplified Cashback Tracking:
Easy tracking of rewards and cashback through the SBI Card app or online portal, providing transparency and a user-friendly experience.
SBI Click Credit Card Lounge Access
In the older version of this card, users got lounge access, but in the new version, no complimentary lounge access is available. The monthly capping on cashback on the older version was INR 10,000 for all categories, but with the new version, it is INR 5,000.
Also Read – Airtel Family Plan
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