CASHBACK SBI Card
The CASHBACK SBI Card offers 5% cashback on eligible online merchant spends (strictly capped at ₹2,000 per billing cycle, reached after ₹40,000 online spend) and 1% cashback on offline retail spends (capped at ₹2,000 per billing cycle), with an overall maximum combined cap of ₹4,000 per statement cycle.
Cashback Fit Score
95/100
Joining Fee
₹999
Annual Fee
₹999
Reward Rate (%)
1 – 5
Statement credit
Forex Markup
3.5%
Apply may use an affiliate link — we may earn a commission; this doesn't affect our data or ratings.
CardCheck Rating & Score
Our proprietary algorithm evaluates cards across reward value, fee fairness, lounge access and terms to provide an unbiased score.
Reward Power
34/35
Fee Value & ROI
20/25
Lounge & Perks
4/20
Forex & Access
12/20
Category Strengths Breakdown
Ranked by strongest spend categoryScoring Methodology: Evaluated deterministically using verified bank MITC filings, fee waiver spend ratios, reward percentage caps, and lounge agreements. No card receives sponsored score inflation. Learn how we score →
CASHBACK SBI Card Benefits
CASHBACK SBI Card Rewards
How you earn back on every swipe
cashback
Reward type
1% – 5%
Earn rate
₹4,000
Monthly cap
₹4,000
Monthly cap
CASHBACK SBI Card Fees & Charges
Programme fees we track below. Interest on cash withdrawals or revolving balances, late-payment slabs and other statutory charges are detailed in the official Most Important Terms and Conditions (MITC).
CASHBACK SBI Card Lounge Access
Airport perks included with this card
0 per quarter
Domestic lounge visits
0 per year
International lounge visits
Things to Keep in Mind
- Cashback is not applicable for spends on Utilities, Insurance, Fuel, Rent, Wallets, Education, Jewellery, Railways, and more.
- No cashback on bills, utilities, insurance, or wallet loads
Card Features
Fee Waiver Spend Simulator
Simulate your spend to check waiver eligibility
🎉 Annual renewal fee 100% waived! At ₹16,667/mo (₹2,00,004/yr), your ₹999 fee drops to ₹0.
Tips & reviews
Community comments — not financial advice. Bank terms still apply.
CASHBACK SBI Card Eligibility
Employment type
Pros & Cons
- 5% flat cashback across almost all online shopping sites with no merchant restrictions
- 1% cashback on offline retail purchases
- Cashback automatically credited directly to monthly statement with zero redemption hassle
- Annual renewal fee waived on ₹2 lakh annual spend
- 1% fuel surcharge waiver across petrol stations in India
- Online 5% cashback strictly capped at ₹2,000 per statement cycle (reached after ₹40,000 spend)
- Combined maximum cashback cannot exceed ₹4,000 per billing cycle
- No complimentary domestic or international airport lounge access
- Extensive cashback exclusions: fuel, rent, wallet loads, utility bills, education, jewelry, tolls, digital gaming, and government payments
- 3.5% foreign currency transaction markup fee
Who is this card for?
Best suited for digital-first spenders who spend up to ₹40,000 per month across diverse online stores (Amazon, Flipkart, Myntra, Swiggy, Zomato, quick-commerce) and want straightforward, direct statement-credit cashback without being locked into a single co-branded ecosystem.
Quick Links
Data last updated 28 Sept 2026
Calculate your exact earnings with CASHBACK SBI Card
Enter your monthly spending in groceries, dining, fuel, travel, and shopping to calculate your estimated net return after fees, reward caps and exclusions.
See CardCheck in your Google Search & AI results
Add as a preferred source to get our credit card updates first.