Cashback
SBI Cashback Credit Card
One of the simplest cashback cards: 5% back on almost all online spending and 1% offline, credited automatically to your next bill.
Joining fee₹999 + GST
Annual fee₹999 + GST
Fee waiverOn ₹2 lakh spend a year
Top reward5% on online spends
LoungeNone
Forex markup3.5%
Best for: Anyone who spends ₹10,000 to ₹40,000 a month online across many different sites.
Rewards and cashback
| Where you spend | You earn | Limit |
|---|---|---|
| Online spends (any site or app) | 5% cashback | ₹2,000 a month |
| Offline spends | 1% cashback | ₹2,000 a month |
| Utilities, insurance, fuel, rent, wallet loads, education, jewellery, railways, EMI, gaming, tolls, government | Nothing | – |
- Cashback is credited to your statement in the next billing cycle; nothing to redeem.
- Total cap is ₹4,000 a month (from April 2026).
Benefits
Welcome benefit
- No welcome benefit.
Milestones
- Annual fee waived on ₹2 lakh spend.
Travel and lounges
- No lounge access.
Fuel and forex
- 1% fuel surcharge waiver, up to ₹100 a month.
- Forex markup 3.5%.
Fees and charges
| Joining fee | ₹999 + GST (₹1,179) |
|---|---|
| Annual fee | ₹999 + GST, waived on ₹2 lakh yearly spend |
| Interest | 3.75% a month |
| Forex markup | 3.5% |
GST at 18% applies on fees. Banks change charges from time to time; the bank’s own terms are final.
Who can apply
- Salaried, self-employed or student; SBI Card decides income case by case
You will usually need PAN, Aadhaar or address proof, and income proof (salary slips or ITR). A credit score of 750 or more improves your chances.
Pros and cons
What we like
- 5% online with no merchant list to remember
- Automatic cashback to your bill
- Up to ₹2,000 a month online
Watch out for
- Long list of excluded categories
- ₹999 fee
- No travel benefits
Recent changes
- 1 Apr 2026Monthly cap cut to ₹4,000 (₹2,000 online + ₹2,000 offline); gaming, tolls and government payments excluded.
Frequently asked questions
Does SBI Cashback give 5% on all online spends?
On most of them, up to ₹2,000 cashback a month. Categories like utilities, insurance, rent, wallet loads, education and railways are excluded.
When is SBI Cashback credited?
Automatically to your statement within the next billing cycle.
Ready to apply for the SBI Cashback Credit Card?Applying takes about 10 minutes online. Approval depends on the bank.
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Sources: CardAdvisor. Details checked on 22 Oct 2026. For information only, not financial advice; always read the bank’s most important terms (MITC) before applying.