SBI
SBI Cashback Credit Card
Discover the SBI Cashback Credit Card, India's top choice for online shoppers—enjoy 5% cashback on online spends and 1% on offline purchases.
Highlights
Main benefits
- 5% cashback on online spends.
- 1% cashback on offline spends.
- Cashback auto-credited to statement.
- 1% fuel surcharge waiver.
- Annual fee waiver on ₹2 lakh yearly spend.
Fees
Fees and charges
Joining fee
₹999 + GST
Renewal fee
₹999 + GST
Annual fee waiver
Renewal fee is waived if you spend ₹2 lakh or more in a year.
Who can apply
Eligibility
•Age: 21–70 years. •Salaried or self-employed. •Regular income source. •Good credit score (preferably 750+).
Checklist
Documents required
•PAN Card •Aadhaar/Address proof •Salary slips or ITR •Bank statement •Passport-size photo
Process
How to apply
1. Visit the official SBI Card website. 2. Select SBI Cashback Credit Card. 3. Click “Apply Now." 4. Fill personal & income details. 5. Complete KYC verification. 6. Submit application and wait for approval.
Value
Reward and cashback structure
Reward rate
No reward points, only direct cashback, which is automatically adjusted in your statement.
Cashback
5% cashback on most online spends, 1% cashback on offline spends, Cashback is auto-credited to the statement, Monthly cashback cap: ₹5,000.
Good fit
Pros
- High online cashback rate.
- No merchant restriction online.
- Simple cashback system.
- Good for daily online users.
Watchouts
Cons
- No lounge access.
- ₹5,000 monthly cashback cap.
- No cashback on some categories like rent, fuel, utilities.
- Limited travel/lifestyle benefits.
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