MyFinCards
CASHBACK SBI Card

Joining Fee

₹999

Annual Fee

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

SBI 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.

Official Terms & Conditions

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.

Frequently Asked QuestionsAbout CASHBACK SBI Card

FEESWhat is the joining fee for the CASHBACK SBI Card?
The CASHBACK SBI Card has a one-time joining fee of ₹999 plus applicable taxes. This fee is charged when you first apply for and receive the card. In addition, a renewal fee of ₹999 per annum is applicable from the second year onwards. However, the renewal fee is waived if your total annual spends for the previous year are ₹2,00,000 or more.
FEESWhat is the annual renewal fee and how can it be waived?
The annual renewal fee for the CASHBACK SBI Card is ₹999 per annum, applicable from the second year onwards. You can get the renewal fee waived if your total spends in the previous year amount to ₹2,00,000 (Rs. 2 Lakhs) or more. This spend-based reversal makes the card effectively free for regular users who meet the annual spending threshold.
REWARDSWhat cashback do I earn on online spends with the CASHBACK SBI Card?
You earn 5% cashback on all online spends made with the CASHBACK SBI Card, with no merchant restrictions. This means you can shop at any online merchant and still earn the 5% cashback. However, please note that cashback is not applicable on Merchant EMI and Flexipay EMI transactions, and certain categories such as Utility, Insurance, Fuel, Rent, Wallet, School & Educational Services, Jewelry, and Railways are excluded.
REWARDSWhat cashback do I earn on offline spends?
The CASHBACK SBI Card offers 1% cashback on all offline spends. Similar to online spends, cashback is not applicable on certain excluded categories including Utility, Insurance, Fuel, Rent, Wallet, School & Educational Services, Jewelry, and Railways. Cashback is also not applicable on Merchant EMI and Flexipay EMI transactions. For the complete list of exclusions, refer to the official terms and conditions at www.sbicard.com/CashbackCardTnC.
REWARDSHow and when is the cashback credited to my account?
The cashback earned on the CASHBACK SBI Card is automatically credited to your SBI Card account — no manual redemption is required. The cashback will be auto-credited within two working days of your next statement generation. This hassle-free process ensures you receive your cashback directly into your card account without any additional steps. Please refer to the Cardholder Terms & Conditions for complete details.
REWARDSWhich categories are excluded from cashback on the CASHBACK SBI Card?
Cashback is not applicable on the following categories: Utility, Insurance, Fuel, Rent, Wallet, School & Educational Services, Jewelry, and Railways, among others. Additionally, cashback is not earned on Merchant EMI and Flexipay EMI transactions. For a complete and updated list of excluded categories, please refer to the official terms and conditions available at www.sbicard.com/CashbackCardTnC.
BENEFITSWhat is the fuel surcharge waiver benefit on the CASHBACK SBI Card?
The CASHBACK SBI Card offers a 1% fuel surcharge waiver at all petrol pumps across India. This waiver is applicable on fuel transactions between ₹500 and ₹3,000, exclusive of GST and other charges. The maximum surcharge waiver is capped at ₹100 per statement cycle per credit card account. This benefit helps reduce the additional cost incurred when paying for fuel using your credit card.
FEESWhat is the add-on card fee for the CASHBACK SBI Card?
There is no add-on card fee for the CASHBACK SBI Card — add-on cards are available at NIL annual fee. You can get add-on cards for your family members including parents, spouse, children, or siblings who are above the age of 18. This allows your family to enjoy the same cashback benefits while you manage all the spends under one account.
BENEFITSDoes the CASHBACK SBI Card support contactless payments?
Yes, the CASHBACK SBI Card supports contactless payments powered by VISA PayWave technology. You can simply tap your card at a secure reader to complete transactions quickly and conveniently without handing over your card or searching for cash. The contactless feature also ensures enhanced security — even if the card is tapped multiple times, VISA PayWave's unique security key ensures only one transaction goes through, reducing risk of fraud and skimming.
INTERNATIONALCan I use the CASHBACK SBI Card internationally?
Yes, the CASHBACK SBI Card is accepted worldwide at over 24 million outlets globally, including 3,25,000 outlets in India. You can use it at any outlet that accepts VISA. Additionally, you can withdraw cash from over 1 million VISA ATMs across the globe. However, please note that specific forex markup charges may apply on international transactions. For the most current charges, refer to the Most Important Terms & Conditions on the SBI Card website.
USAGEHow can I pay my utility bills using the CASHBACK SBI Card?
The CASHBACK SBI Card comes with an Easy Bill Pay facility that allows you to conveniently pay your electricity, telephone, mobile, and other utility bills. You can set up and manage your utility bill payments through this feature. However, please note that utility bill payments fall under the excluded categories for cashback, so you will not earn cashback on these transactions.
BENEFITSWhat is the Balance Transfer on EMI facility available on this card?
The CASHBACK SBI Card offers a Balance Transfer on EMI facility, which allows you to transfer the outstanding balance from other banks' credit cards to your CASHBACK SBI Card at a lower rate of interest and repay in easy EMIs. This can help you save money on high-interest credit card dues. To avail this facility, log on to sbicard.com with your user ID and password.
APPLICATIONHow do I apply for the CASHBACK SBI Card?
You can apply for the CASHBACK SBI Card online through the official SBI Card website at sbicard.com by clicking the 'Apply Now' button. You can also track your application status online after applying. If you need help choosing a card, the website offers a 'Help me find a card' tool. For further assistance, you can contact the SBI Card helpline at 1860 180 1290 or 39 02 02 02 (prefix local STD code).
REWARDSIs cashback applicable on EMI transactions made with the CASHBACK SBI Card?
No, cashback is not applicable on Merchant EMI and Flexipay EMI transactions made with the CASHBACK SBI Card. If you convert a purchase into an EMI at the merchant level or use SBI Card's Flexipay EMI facility, the cashback benefit will not be applicable on those transactions. To earn cashback, it is recommended to make regular (non-EMI) transactions within the eligible categories.
OTHERHow can I contact SBI Card customer support for CASHBACK SBI Card queries?
For any queries or assistance related to your CASHBACK SBI Card, you can reach the SBI Card helpline at 1860 180 1290 or 39 02 02 02 (please prefix your local STD code when dialing). You can also manage your card, view statements, pay bills, and access other services by logging in to sbicard.com or by downloading the SBI Card Mobile App available on the Apple App Store, Google Play Store, and Windows Store.

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