SBI Cashback
SBI Card · Visa — Strong online cashback card for everyday ecommerce spends.
Last Updated: 2026-07-20 · Source: curated catalog / official issuer pages. EnrichReturns is not the card issuer — verify all terms before applying. How we score cards: Credit Cards hub.
Annual Fee
₹999
Joining Fee
₹999
Forex Markup
3.5%
Reward Type
cashback
Overview
Strong online cashback card for everyday ecommerce spends.
5% online cashback (capped)
Features & Benefits
- Welcome: Welcome cashback / voucher as per current offer
- Milestones: Fee waiver on annual spend milestone
- Lounge: Limited / partner offers
- Railway lounge: No
- Golf: No
- Insurance: Basic card protection
- Concierge: No
- Fuel: Fuel surcharge waiver up to limit
- Dining: Partner dining offers
- Movies: Occasional partner offers
- Travel: Standard
- EMI: Yes — merchant EMI
Reward Structure
| Category | Reward % | Notes |
|---|---|---|
| Online Shopping | 5% | Monthly cashback cap applies |
| Grocery | 1% | — |
| Dining | 1% | — |
| Fuel | 1% | — |
| Travel | 1% | — |
| Utility Bills | Excluded | — |
| Entertainment | 1% | — |
| UPI | Excluded | — |
| Insurance | 1% | — |
| Rent (Optional) | Excluded | — |
Excluded: Rent, Wallet loads, Selected utilities
Fees & Charges
- Renewal waiver: Often waived on ₹2L annual spend
- Interest: ~3.5% per month on revolving
- Cash advance: 2.5% (min ₹500)
- Late fee: Up to ₹1,300
- Over-limit: Up to 2.5% of over-limit
Eligibility
- Credit score: 700+
- Min income: ₹25,000/mo
- Employment: both
- Age: 21–65
Pros
- ✓ High online cashback
- ✓ Simple reward structure
- ✓ Widely accepted Visa
Cons
- • Fee unless waived
- • Caps on cashback
- • Weak UPI rewards
About SBI Cashback
Credit-card detail or category comparison to match rewards with your spending.
How it works
Scan fees, rewards and eligibility, then compare against alternatives on the cards hub.
Practical tips
Check milestone and welcome benefit timelines before you switch.
Important to know
Issuer terms change — verify on the bank site.
Frequently Asked Questions
- What are the key benefits of SBI Cashback?
- Strong online cashback card for everyday ecommerce spends. Highlights: 5% online cashback (capped). Lounge: Limited / partner offers.
- What is the annual fee for SBI Cashback?
- Joining fee ₹999 and annual fee ₹999. Waiver: Often waived on ₹2L annual spend.
- Who is eligible for SBI Cashback?
- Typical guide: credit score 700+, income from ₹25,000/mo, age 21–65, employment: both. Final approval is with the issuer.
- Does SBI Cashback have forex markup?
- Indicative forex markup is 3.5%. Always confirm current markup on the issuer site.
- How do I apply for SBI Cashback?
- Use the official apply link on this page and complete KYC with the issuer. EnrichReturns does not process applications.