In today’s world, credit cards are more than just a tool for convenience—they have become a way to save money, earn rewards, and make everyday purchases smarter. One of the most popular credit cards in India right now is the SBI Cashback Credit Card. Designed especially for online shoppers, this card offers straightforward cashback on every purchase, without complicated reward points or redemption processes.
Introduction
If you are someone who prefers simple benefits and easy-to-track savings, this card might be the right choice for you. Let’s explore all the features, benefits, fees, and frequently asked questions about the SBI Cashback Credit Card.
Key Features of SBI Cashback Credit Card
- 5% Cashback on Online Spending
The biggest highlight of this card is the flat 5% cashback on all online purchases. Whether you’re buying clothes, ordering food, or shopping on e-commerce websites, you can earn cashback instantly. Unlike other cards, there are no merchant restrictions, which makes it very flexible. - 1% Cashback on Offline Spending
For purchases made in physical stores or offline outlets, the card offers 1% cashback. However, certain categories such as fuel, rent, insurance, education, wallet loading, and utility payments are excluded. - Automatic Cashback Credit
Unlike many cards that require you to redeem points or vouchers, cashback here is simple. It gets directly credited to your card account within two days of your billing cycle. This makes tracking and enjoying your rewards easy. - Fuel Surcharge Waiver
The card provides a 1% fuel surcharge waiver on transactions between ₹500 and ₹3,000, up to a maximum of ₹100 per billing cycle. - Annual Fee Waiver
The card comes with an annual fee of ₹999, but it is waived if you spend ₹2 lakh or more in a year. This makes the card practically free for heavy spenders. - Global Acceptance
SBI Cashback Credit Card is accepted at more than 24 million outlets worldwide, including over 3 lakh outlets in India. This makes it a reliable option for both domestic and international usage. - Contactless Payments
With tap-to-pay technology, you can make payments quickly and securely without swiping your card or entering a PIN for smaller transactions. - Add-On Cards
You can also get up to three add-on cards for your family members above the age of 18, at no extra cost.
Fees and Charges
Before applying, it is important to understand the charges that come with this card:
Joining Fee: ₹999 + taxes
Annual Fee: ₹999 (waived on yearly spends of ₹2 lakh or more)
Finance Charges: Around 3.75% per month (approx. 45% annually)
Cash Advance Fee: 2.5% of the withdrawn amount or ₹500 (whichever is higher)
Late Payment Fee: Varies from ₹400 to ₹1,300 depending on the overdue amount
While the fees may sound high, the cashback benefits can easily cover the annual cost if you use the card smartly.
Cashback Limit
The cashback you can earn is capped at ₹5,000 per month. This is more than enough for most users, but if you are a very heavy spender, this cap is something to keep in mind.
Who Should Get the SBI Cashback Credit Card?
This card is best suited for:
People who shop online frequently and want guaranteed cashback.
Those who prefer simple rewards instead of complicated reward points.
Users who spend more than ₹2 lakh annually, so the annual fee gets waived.
Individuals who want a reliable card for both online and offline use.
However, if most of your spending is on fuel, rent, insurance, or utilities, you might not benefit much from this card since those categories are excluded from cashback.
Advantages of SBI Cashback Credit Card
Generous 5% cashback on almost all online transactions.
Hassle-free rewards—cashback is automatically credited.
Annual fee waiver for big spenders.
Contactless and secure payments.
Accepted worldwide and useful for international purchases.
Things to Keep in Mind
Cashback is not applicable on rent payments, fuel, wallets, insurance, utilities, and education spends.
Cashback is capped at ₹5,000 per month.
Finance charges are high if you don’t pay your bill on time, so always clear your dues fully to enjoy the real benefit.
How to Apply?
Applying for the SBI Cashback Credit Card is easy. You can apply online through the SBI Card portal or visit an SBI branch. You will need basic KYC documents like PAN card, Aadhaar card, address proof, and income proof. After approval, you get a virtual card instantly, and the physical card arrives within a few days.
Frequently Asked Questions (FAQs)
Q1. When is the cashback credited?
The cashback is credited automatically within two working days of your billing cycle.
Q2. What is the maximum cashback I can earn?
You can earn up to ₹5,000 cashback in a monthly cycle.
Q3. How can I avoid paying the annual fee?
If you spend ₹2 lakh or more in a year using this card, the annual fee of ₹999 will be waived.
Q4. Can I use the card to withdraw cash?
Yes, you can withdraw cash from ATMs, but it attracts high charges and no cashback benefit.
Q5. Who is eligible for this card?
Anyone between the age of 21 and 70 with a regular income and good credit history can apply.
Q6. Does it offer lounge access or travel benefits?
No, this card is purely focused on cashback and does not provide lounge access or travel perks.
Final Thoughts
The SBI Cashback Credit Card is one of the most rewarding credit cards in India if you are an online shopper. Its flat 5% cashback on online purchases, automatic credit, and wide acceptance make it simple and beneficial. While it doesn’t offer lifestyle perks like lounge access or travel benefits, it more than makes up for it with straightforward savings.
If you are looking for a no-nonsense cashback card that puts money back in your pocket, this card is a great choice. Just be sure to pay your bills on time and keep track of excluded categories to maximize the benefits.
