CASHBACK SBI Card
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Cashback SBI Card, as the name implies, is a cashback reward card that offers cash back for every transaction made with the card. With this card, you can earn up to 5% cash back on all online and offline purchases. Aside from that, you receive numerous other benefits, such as complimentary access to domestic airport lounges.
Key Highlights
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SBI Cashback Credit Card |
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Image Source: SBI Official Website |
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Suitability |
Online Shopping |
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Joining Fee |
Rs 999 |
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Benefits |
Cashback Rewards such as 5% cashback on online spending |
Features and Benefits of SBI Cashback Card
The following are the features and advantages of this card-
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Cashback |
With no merchant restrictions, earn 5% cashback on all online purchases |
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Renewal Fee Waiver |
You will be required to pay an annual/renewal fee of Rs.999, which will be waived if you spend Rs.2 lakh in the previous year |
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Fuel Surcharge Waiver |
On transactions ranging from Rs.500 to Rs.3,000, enjoy a 1% fuel surcharge waiver across all petrol pumps in India. A billing cycle's maximum surcharge waiver is Rs.100 |
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Worldwide Acceptance |
It is accepted in over 24 million locations worldwide, including 3.25 lakh in India. |
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Offline Payments Benefits |
Get 1% cash back on offline purchases and utility bill payments. Rent payments, merchant EMIs, balance transfers, flexipay, wallet loads, encash, and cash advances are not eligible for cashback |
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Easy Bill Pay |
Pay your mobile, electricity, and other utility bills easily with the 'Easy Bill Pay' feature. |
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Balance Transfer on EMI |
Transfer outstanding credit card debts from other banks to your credit card for repayment in EMIs at a lower interest rate. |
Fees and Charges of Cashback SBI Card
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Joining Fees |
Rs. 999 |
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Finance |
42% pa |
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Renewal Fees |
Rs. 999 (Renewal Fee will be waived if annual spends for last year was more than Rs 2 lakhs) |
Late Payment Fee
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Outstanding Balance |
Late Payment Charges (Excl. GST) |
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Less than Rs 500 |
Nil |
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Rs 500 to Rs 1000 |
Rs 400 |
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Rs 1001 to Rs 10,000 |
Rs 750 |
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Rs 10,001 to Rs 25,000 |
Rs 950 |
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Rs 25,001 to Rs 50,000 |
Rs 1100 |
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More than Rs 50,000 |
Rs 1300 |
Eligibility Criteria for the Cashback SBI Card
A person can get this credit card as per the eligibility criteria and regulations levied by the State Bank of India.
Documents Required
The following documents will be necessary to apply-
- Driving License, Aadhar Card, PAN Card, voter's Id, and other forms of identification are acceptable.
- Utility bills, Aadhar cards, driving licenses, passports, and other forms of address proof are acceptable.
- Income Proof such as the most recent three months' bank statements, salary slips, or the most recent audited ITR.
Process to Apply for SBI Cashback Credit Card
If you want to receive this credit card, you can do so using any of the online or offline options.
To apply offline, go to your nearest SBI branch and complete an application form. But, for the online method, follow these steps-
Step 1: You will have to visit the official website or portal of the State Bank of India Bank.
Step 2: Navigate to the Credit Cards section.
Step 3: Search for and choose the SBI Cashback Card.
Step 4: Hit the 'Apply Now' button.
Step 5: Fill in all of the essential information and continue.
Similar Credit Cards
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Credit Card Name |
Feature |
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5% cashback on bill payments and recharges made with Google Pay; 2% cashback on all other purchases. |
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Standard Chartered Smart Credit Card |
2% reward on all online purchases. |
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Amazon Prime members receive 5% cashback; non-prime members receive 3% cashback. |
Other SBI Credit Cards
