SBI Cashback Card (Visa)
Issuer: State Bank of India (SBI)
Network: Visa | Tier: Entry
The Cashback SBI Card is a highly rewarding credit card for online shoppers. It delivers a flat, unlimited 5% cashback on nearly all online purchases without any merchant restrictions, making your cashback simple to track and redeem.
Fees & Charges
| Annual Fee | ₹999 |
|---|---|
| Joining Fee | ₹999 |
| Interest Rate | 3.5% per month |
| Foreign Markup | 3.5% |
| Fuel Surcharge Waiver | 1% waiver |
Rewards & Benefits
| Reward Rate | 5% online |
|---|---|
| Welcome Bonus | None |
| Lounge Access | None |
| Best For | Online users |
Key Highlights
- Online cashback
- 5% online
Eligibility Criteria
- Age: 21-65 years
- CIBIL score: 750+
- Minimum income: ₹3
- 00
- 000/year
Minimum Income Required: ₹3,00,000/year
Pros
- Flat 5% cashback on almost all online transactions
- 1% cashback on all offline spends
- Cashback is automatically credited directly to your monthly statement
- No complex reward point catalogs or tracking required
- Low annual renewal fee of ₹999
Cons
- Monthly cashback on the 5% tier is capped at ₹5
- 000
- No complimentary domestic or international airport lounge access
- Excludes cashback on fuel
- rent
- utilities
- insurance
- and EMIs
- Annual fee waiver requires a high spend of ₹2 Lakhs
- Higher foreign currency markup fee of 3.5%
Expert Rating: 4.7/5