Cashback SBI Card
About Cashback SBI Card
Even following the 1 April 2026 revision capping monthly 5% online earnings at ā¹2,000 (equivalent to ā¹40,000 in monthly online spend) and aggregate cashback at ā¹4,000, the Cashback SBI Card remains one of the simplest and most dependable cards for Indian consumers.
Rewards and Benefits
Verified privileges, welcome benefits, movie discounts, and airport lounge schedules.
| Category | Details & Conditions |
|---|---|
| š½ļøMovie & Dining | Flat 5% cashback on all online food ordering (Swiggy, Zomato, EatSure) and movie ticketing (BookMyShow), subject to monthly category cap |
| ā”Rewards Rate | 5% universal cashback on online retail transactions (max ā¹2,000/cycle). 1% on offline purchases (max ā¹2,000/cycle). Aggregate ceiling ā¹4,000/cycle |
| š°Reward Redemption | Auto-credited to monthly statement within 2 days of statement generation. ā¹0 redemption fee |
| āļøTravel | 5% cashback on flights and hotel bookings made directly on airline/hotel or travel aggregator websites (subject to online cap) |
| šļøDomestic Lounge Access | N/A (Discontinued on SBI Cashback Card from May 2023) |
| šInternational Lounge Access | N/A |
| ā³Golf | N/A |
| š”ļøInsurance Benefits | Lost Card Liability cover of ā¹1 Lakh |
Fees & Charges
Transparent schedule of annual charges, spend-based reversals, finance APR, and cash advance rates.
| Fee / Charge | Amount & Conditions |
|---|---|
| Spend-Based Waiver | Annual Charges Waived on Spends of ā¹2 Lakh or MoreSpend ā¹2,00,000 in previous calendar year to reverse ā¹999 annual fee. |
| Interest Rates / Finance Charges | 3.75% Per Month (45.00% Annually)Standard finance charge applicable on revolving retail balances and ATM cash advances until complete settlement. |
| Late Payment Charges | Nil (Up to ā¹100), ā¹100 (ā¹101āā¹500), ā¹500 (ā¹501āā¹1,000), ā¹750 (ā¹1,001āā¹10,000), ā¹950 (ā¹10,001āā¹25,000), ā¹1,100 (ā¹25,001āā¹50,000), ā¹1,300 (Above ā¹50,000)Tiered late payment charge based on total amount due. Additional ā¹100 charged if Minimum Amount Due (MAD) is unpaid for 2 or more consecutive billing cycles. |
| Foreign Currency Markup | 3.50% + GSTStandard cross-border transaction fee applicable on foreign POS and international online websites. |
| Dynamic Currency Conversion (DCC) | 1.00% + GST Markup FeeApplicable on transactions conducted in Indian Rupees (INR) at overseas merchants or international payment gateways. |
| Cashback Settlement Fee | ā¹0 (Zero Redemption Fee)Auto-credited directly into the credit card account as pure statement cash within 2 days of cycle generation. |
| Fuel Surcharge Waiver | 1% Fuel surcharge waiver for transactions between ā¹500 and ā¹3,000 (Max ā¹100/cycle)Valid across all petrol pumps in India. Fuel spends do not earn 5% cashback. |
| Cash Advance Charges | 2.5% of transaction amount or ā¹500 (whichever is higher)Domestic and international ATM cash withdrawal fee from date of withdrawal until full repayment. |
| Overlimit Charges | 2.5% of Overlimit Amount (Min ā¹600)Applicable if purchases exceed the sanctioned credit limit (subject to customer overlimit consent). |
| Rental Transaction Surcharge | ā¹99 + GST per rental transactionProcessing fee charged on all rent payment transactions through any channel or aggregator. |
| Utility Payments Surcharge | 1% + GST on payments >ā¹50,000 per billing cycleApplicable on cumulative utility bill payments (electricity, gas, water) exceeding ā¹50,000 in a single cycle. |
| Third-Party Education Fee Surcharge | 1% + GST on payments via third-party appsApplicable on school/college fee payments made via CRED, Cheq, Paytm, etc. Nil fee on direct school/college website or POS transactions. |
| Payment Dishonour / Bounce Charges | 2% of payment amount (Min ā¹500, Max ā¹1,200)Levied when cheque, NACH, ECS, or auto-debit towards card payment bounces or is dishonoured. |
| Card Replacement Fee | ā¹100 to ā¹250 + GSTFee for re-issuance of lost, stolen, or damaged physical card. |
| Cash Payment at SBI Branch | ā¹250 + GST per transactionService fee levied for depositing cash towards credit card bill at State Bank of India branches. |
Product Details
Pros & Cons
Cashback SBI Card Features and Benefits
Comprehensive overview of welcome benefits, quarterly spend bonuses, dining privileges, and renewal fee waiver milestones.
Universal 5% Online Cashback
Earn flat 5% cashback on all online retail transactions across major brands and small e-commerce stores alike, up to ā¹2,000 cashback per billing cycle.
Automatic Statement Adjustment
No points expiration, no voucher conversion, and zero redemption fees. All earned cashback is adjusted automatically against next month's statement balance.
1% Surcharge Waiver
Enjoy a 1% fuel surcharge waiver for each fuel transaction between ā¹500 and ā¹3,000, capped at ā¹100 per statement cycle.
Annual Fee Reversal Milestone
Achieve ā¹2,00,000 in annual spends in the card anniversary year and get the ā¹999 annual renewal fee completely reversed.
SBI Cashback Earning Framework (Revised 1 April 2026)
One of the simplest and most rewarding cashback structures in India. Transactions made online earn 5% flat return up to ā¹2,000/cycle, while offline spends earn 1% up to ā¹2,000/cycle, with an aggregate ceiling of ā¹4,000 per statement cycle.
Cashback Settlement Schedule
Direct monthly statement adjustment and value realization rates.
| Settlement Channel | Cashback Realization | Notes |
|---|---|---|
| Automatic Statement Credit | ā¹1.00 | Auto-credited directly to card account within 2 days of bill generation |
Exclusions on Rewards Points / Cashback
In compliance with regulatory terms, the following spending categories are not eligible to earn reward points:
Eligibility Criteria for Cashback SBI Card
The following table illustrates the income-based and age-based underwriting criteria:
| Criteria | Salaried Employees | Self-Employed Individuals |
|---|---|---|
| Age | 21 ā 65 Years | 21 ā 65 Years |
| Income Proof | Minimum ā¹25,000 Per Month | Minimum ā¹3,60,000 Per Annum (ITR) |
| Credit Score (CIBIL) | 730+ recommended | |
How to Apply for Cashback SBI Card
Simple 4-step digital application process directly on the official issuer portal:
Check Eligibility
Click "Apply Now" to open the official bank application portal.
Enter Details
Provide your mobile number, PAN, and employment information.
Complete Video KYC
Verify your identity via paperless Aadhaar OTP or a quick 2-minute Video KYC.
Receive Card
Get instant virtual card access and physical card delivery within 5-7 working days.
CardIntel Score v1.1
Objective Card Quality Breakdown
CardIntel Score v1.1 measures structural card quality against a fixed ā¹6 lakh annual benchmark. It evaluates 9 factors including Net Ownership ROI, without affiliate commission, editorial preference, or card slug heuristics.
2.62% effective benchmark return
Zero ownership cost with exceptional net return
No monthly or category ceilings
Rewards Catalogue
Domestic (0/5) + Intl (0/3) + Terms (0/2)
3.5% forex markup
Open retail availability
1 benefit pillars qualified
Zero material reward conditions (7/7 pts)
Why this score?
Solid reward return, exceptional net ownership ROI and unrestricted reward cap headroom. The score is reduced by the lounge access terms, forex markup and restricted redemption options.
You need to spend at least ā¹25,000 per year (ā¹2,083/mo) on this card to fully recover its annual fee.
4-Layer Financial Intelligence
Card Economics & Net ROI
Evaluating real economic return after accounting for benchmark spending (ā¹6,00,000/yr), effective annual fee, and verified category caps.
Calculate Your Real Returns
What You'll Actually Earn
Calculated using CardIntel's deterministic reward rules, fee waivers, and merchant accelerated caps.
Frequently Asked Questions (FAQs)
Official guidance on applications, reward redemptions, credit limit assignments, and customer support.
You can apply online via the SBI Card Sprint digital onboarding portal or through SBI YONO. The application requires basic Aadhaar and PAN details with digital video KYC.
Verified Bank MITC Provenance
All reward percentages, exclusions, and annual fee waiver rules for Cashback SBI Card are verified directly against official bank regulatory filings and Most Important Terms and Conditions (MITC).
CardIntel may earn referral fees from eligible application links. These fees never influence CardIntel Scores, rankings, or recommendations.
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