SBI Cashback Credit Card
SBI · VISA★4.5/ 5
✓ Details last verified 1 Jan 2025
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The SBI Cashback Card is India's highest flat cashback rate at 5% on all online spends and 1% offline — with no specific merchant restriction. The ₹999 annual fee is waived at ₹2 lakh spend, and with ₹5,000+/month online spend the card pays for itself within a month.
At a glance
Rewards by category
What you earn on every rupee, per spend category.
| Category | Type | Rate | Monthly cap |
|---|---|---|---|
| Online Shopping | cashback | 5% | ₹5,000 |
| Other | cashback | 1% | — |
Online Shopping: 5% cashback on all online spends
Other: 1% cashback on offline spends
Fees & charges
The numbers that matter beyond rewards — verify on the issuer site before applying.
LATE PAYMENT FEE
| Outstanding balance | Late fee |
|---|---|
| Up to ₹500 | Nil |
| ₹501 – ₹5,000 | ₹500 |
| ₹5,001 – ₹10,000 | ₹750 |
| ₹10,001 – ₹25,000 | ₹900 |
| ₹25,001 – ₹50,000 | ₹1,100 |
| Above ₹50,001 | ₹1,300 |
Perks & benefits
Estimated annual value beyond rewards.
1% fuel surcharge waiver, max ₹100/month
Who is this card for?
- 💳Mid tier — a solid all-rounder for steady monthly spend.
- 🎯Strongest value if you spend heavily on Online Shopping (5% back).
👍 Pros
- ✓5% cashback on ALL online spends — no merchant restrictions
- ✓No minimum redemption amount
- ✓Annual fee easily waived at ₹2L spend
- ✓Covers Amazon, Flipkart, Swiggy, Zomato, and every other online merchant
👎 Cons
- ✕1% on offline spends — switch to another card for in-store purchases
- ✕3.75% forex markup — not for international use
Eligibility & documents
DOCUMENTS REQUIRED
- 📄PAN card
- 📄Aadhaar / valid address proof
- 📄Latest 3 months bank statement
- 📄Income proof — salary slips (salaried) or ITR (self-employed)
- 📄Recent passport-size photograph
How to redeem rewards
Ways to convert what you earn into real value.
- 🎁Statement credit / cashback adjustment
- 🎁Online rewards catalogue (vouchers, merchandise)
- 🎁Flight & hotel bookings via the issuer rewards portal
- 🎁Airline / hotel partner point transfers (on eligible cards)
What your cashback are worth
Realistic value per point by redemption route — the difference is what most people leave on the table.
Direct cash adjustment — no conversion
Frequently asked questions
What is the annual fee for the SBI Cashback Credit Card?+
The annual fee is Rs 999, which is waived on annual spends of Rs 200000.
What is the foreign currency markup?+
The forex markup is 3.50% on international transactions.
Is there a fuel surcharge waiver?+
Yes — a 1.00% fuel surcharge waiver, up to Rs 250 per statement cycle.
What is the minimum age and income to apply?+
Applicants must be at least 21 years old with a minimum income of Rs 20000 per month.
SOURCES & VERIFICATION
Fees, reward rates, and benefits for the SBI Cashback Credit Card are taken from SBI's official Most Important Terms & Conditions (MITC) and fee schedule — see the issuer's official page. Last verified 1 Jan 2025. Reviewed for accuracy by CardAdvisor Editorial Team. Card terms change often — always confirm current details on the issuer's site before applying. How we research & review →
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Read more
Guides and reviews related to this card.
Terms & reward changes
Tracked updates to this card's fees, rewards and benefits — newest first.
- 📉 Reward rate changeEffective 13 Jun 2026
EARN_RATE (cab) changed: 3.75% → 3.5%
- 📉 Reward rate changeEffective 6 Jun 2026
EARN_RATE (cab) changed: 3.75% → 2.75%
- 📄 UpdateEffective 4 Jun 2026
New notice: Request For Card Closure
- 📄 UpdateEffective 4 Jun 2026
New notice: Raise a Dispute
- 📄 UpdateEffective 4 Jun 2026
New notice: Most Important Terms & Conditions
- 📄 UpdateEffective 4 Jun 2026
New notice: Key Fact Statement
- 📄 UpdateEffective 4 Jun 2026
New notice: Terms & Conditions
- 📄 UpdateEffective 4 Jun 2026
New notice: Download Forms
- 📄 UpdateEffective 4 Jun 2026
New notice: Address Change KYC
- 📄 UpdateEffective 4 Jun 2026
New notice: FAQs
- 📉 Reward rate changeEffective 15 Jul 2025
SBI Cashback Card 5% online cashback monthly cap reduced from ₹10,000 to ₹5,000. This limits the maximum benefit from ₹1,20,000/year to ₹60,000/year for high spenders.
5% cashback on all online spends (capped ₹10,000/month)→5% cashback on all online spends (capped ₹5,000/month)
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