CASHBACK SBI Card

Joining Fee

₹999

Annual Fee

Rs. 999 (Reversed on annual spends of Rs. 2 Lakhs)

Add-on Card Fee

Free per supplementary card

Cashback
Best For: Online shoppers, Users looking for simple flat-rate cashback without merchant restrictions

CASHBACK SBI Card

Rewards Structure

Base Reward Rate

1% on spends

Point Value

1 Point = ₹0.25

Pros

  • 5% cashback on all online spends with no merchant restriction
  • 1% cashback on offline spends
  • Cashback auto-credited within two working days of next statement generation
  • Renewal fee waived on annual spends of Rs. 2 Lakh
  • Nil add-on card fee

Cons

  • Cashback not applicable on Utility, Insurance, Fuel, Rent, Wallet, School & Educational Services, Jewelry, Railways and other categories
  • Cashback not applicable on Merchant EMI & Flexipay EMI transactions
  • Fuel surcharge waiver capped at Rs. 100 per statement cycle

Hidden Catches (Transparency Policy)

To build trust with our users, we highlight the fine print that issuers often tuck away in policy documents.

Several spend categories excluded from cashback including Utility, Insurance, Fuel, Rent, Wallet, School & Educational Services, Jewelry, Railways

Fuel surcharge waiver only applicable on transactions between Rs. 500 and Rs. 3,000

Fuel surcharge waiver capped at Rs. 100 per statement cycle

Key Benefits & Features

Contactless payment via VISA PayWave for fast and secure transactions

Accepted at over 24 million outlets globally including 3,25,000 in India

Cash withdrawal from over 1 million VISA ATMs across the globe

Utility bill payment via Easy Bill Pay facility

Add-on cards available for family members above 18 years at no extra charge

Notable Exclusions

No cashback on Merchant EMI & Flexipay EMI transactionsNo cashback on Utility, Insurance, Fuel, Rent, Wallet, School & Educational Services, Jewelry, Railways and other specified categories

*Exclusions may apply to EMI transactions, fuel, and wallet reloads based on current bank policy.

These details are based on information updated on . Fees and benefits change often - confirm on the issuer's own page before applying.

About CASHBACK SBI Card

The CASHBACK SBI Card is designed for everyday shoppers who want straightforward, unrestricted cashback on their purchases. The card's standout feature is a flat 5% cashback on all online spends without any merchant restrictions, making it an excellent choice for those who frequently shop online. For offline purchases, cardholders earn 1% cashback, ensuring consistent returns across all spending. Cashback is hassle-free and automatically credited to the cardholder's account within two working days of the next statement generation, eliminating the need to manually redeem rewards. Beyond cashback, the card offers practical everyday benefits, including a 1% fuel surcharge waiver at all petrol pumps across India on transactions between Rs. 500 and Rs. 3,000, with a maximum waiver of Rs. 100 per statement cycle. Cardholders also benefit from contactless payment technology powered by VISA PayWave, enabling fast and secure tap-to-pay transactions. The card is accepted at over 24 million outlets worldwide, including 3,25,000 outlets in India. The CASHBACK SBI Card comes with a joining and annual fee of Rs. 999 each, though the renewal fee is waived if annual spends reach Rs. 2 lakh or more. Additional perks include free add-on cards, utility bill payment facilities, balance transfer on EMI options, and access to over 1 million VISA ATMs globally, making it a well-rounded card for cost-conscious, digitally active consumers.

Expert Review

Our Verdict

5% cashback on all online spends with no merchant restriction & 1% on offline spends.

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