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SBI Card

CASHBACK SBI Card

Flat cashback card: 5% on online spends and 1% on offline spends, capped at ₹4,000 a statement cycle.

  • ₹999 joining, ₹999 a year
  • Visa
Apply nowVia our referral partner. We may earn a commission.

Pros and cons

Good

  • 5% on online shopping: 1st of 23 online shopping and groceries cards we compare
  • Fee pays for itself from about ₹3,300 a month of online shopping

Watch out for

  • Earns nothing on fuel, rent, wallet loads, government payments, insurance and utility bills
  • High forex markup (3.5%)
  • Can't be used on UPI (not a RuPay card)
Who it's for
People who spend about ₹3,300 or more a month on online shopping.
Skip it if
You spend under ₹3,300 a month on online shopping, or you need a card for UPI.

Worked out from the bank's published terms with the same rules for every card, never from what we earn. How we judge cards.

Rewards (value back as % of spend)

Everyday spends
1% (base rate)
Online shopping
5%
Fuel
0%
Bills and utilities
0%
Dining and food delivery
5%

Fees and charges

Joining fee
₹999
Annual fee
₹999
Fee waiver
Renewal fee reversed if annual spends in the previous year are ₹2,00,000 or more
Forex markup
3.5%
Fuel surcharge waiver
1% waiver on fuel transactions of ₹500 to ₹3,000; max ₹100 per statement cycle

Benefits and eligibility

Airport lounge
Not published by the bank
Card network
Visa
UPI payments
No
Minimum income (salaried)
Not published by the bank
Eligibility
Not published by the bank

Fees exclude GST. Reward rates are the value back you get at the bank's published redemption value; where a bank doesn't publish what a point is worth, we leave the rate blank rather than guess. See how we compare cards.

Compare it with other cards

Ready to apply for the CASHBACK SBI Card?

Apply nowVia our referral partner. We may earn a commission.

CreditParakh is not a bank or lender. Approval, limits and final terms are decided by SBI Card.

Related guides

What changed recently

  1. FeesWorse for you

    Late payment fee now starts at ₹100 on dues above ₹100 (was nil up to ₹500) and rose from ₹400 to ₹500 on dues of ₹500–1,000.

    Before: Nil up to ₹500; ₹400 for ₹500–1,000 · After: Nil up to ₹100; ₹100 for ₹100–500; ₹500 for ₹500–1,000

    Bank's notice or terms
  2. Reward capsWorse for you

    Cashback is capped at ₹2,000 on online spends (5%) and ₹2,000 on in-store spends (1%), ₹4,000 per statement cycle in total.

    After: ₹2,000 online + ₹2,000 offline, ₹4,000 a cycle

    The revision notice does not state the earlier cap.

    Bank's notice or terms
  3. Excluded spendsWorse for you

    No cashback on digital gaming (MCC 7993, 7994, 5816), tolls (MCC 4784) or government-related payments (MCC 9222, 9311, 9402).

    Before: These categories earned cashback · After: Gaming, tolls and government payments excluded

    Bank's notice or terms
  4. FeesWorse for you

    New 1% fee on education payments made through third-party apps; paying the school or college directly stays free.

    After: 1% of the transaction

    Bank's notice or terms
  5. FeesWorse for you

    New 1% fee on every wallet load above ₹1,000.

    After: 1% of the transaction

    Bank's notice or terms

All card changes, month by month

Questions people ask

Is the CASHBACK SBI Card worth it in 2026?

Yes, if you spend about ₹3,300 or more a month on online shopping. Below that, the CheQ AU Credit Card (AU Small Finance Bank) pays 2.5% for free. The catch: earns nothing on fuel, rent, wallet loads, government payments, insurance and utility bills.

Is the CASHBACK SBI Card lifetime free?

No. It costs ₹999 to join and ₹999 a year, plus GST. Renewal fee reversed if annual spends in the previous year are ₹2,00,000 or more.

Does the CASHBACK SBI Card work on UPI?

No. Only RuPay credit cards can be linked to UPI, and this isn't one.

Does the CASHBACK SBI Card give airport lounge access?

No complimentary airport lounge access.

What earns no rewards on the CASHBACK SBI Card?

No cashback on fuel (MCC 5172, 5541, 5542, 5983), wallet loads (6540, 6541), rent and property management (6513, 7349), jewellery (5051, 5094, 7631, 5944), school and education (8211, 8220, 8241, 8244, 8249, 8299, 8351 and book/stationery MCCs 5111, 5192, 5942, 5943), utilities (4900, 4814, 4816, 4899, 9399), insurance (5960, 6300, 6381), card/gift/novelty shops (5947), railways (4011, 4112), quasi-cash (6011, 6012, 6051), digital gaming (7993, 7994, 5816), tolls (4784) and government transactions (9222, 9311, 9402). Also none on Flexipay and merchant EMI, cash advances, ATM withdrawals, Encash, balance transfers, fees and charges, disputed transactions, bills paid by standing instruction or Fetch-and-Pay on SBI Card's own website/app, and transactions under ₹100.

Is there a limit on rewards with the CASHBACK SBI Card?

5% online cashback is capped at ₹2,000 per statement cycle (from 1 Apr 2026). 1% offline (POS at merchant outlets) cashback is capped at ₹2,000 per statement cycle (from 1 Apr 2026). Total cashback across online and offline spends cannot exceed ₹4,000 in a statement cycle; after a limit is reached, further spends in that cycle earn nothing.

Who can get the CASHBACK SBI Card?

Approval is at the bank's discretion.

How we checked this card: the CreditParakh team read SBI Card's own product page on 18 Oct 2026. Every fee, rate and rule above comes from those pages; where they disagree, we say so. We re-check every card monthly and log changes on card changes. See our editorial standards.

Last verified 18 Oct 2026 on SBI Card's official page. Fees and rewards change; check the issuer's terms before you apply.