Cashback SBI Card : Features and Limitations With 10 FAQ

CASHBACK SBI Card customer will earn unlimited 1% cashback on all spends, cashback will increase to 5% on all online spends for up to maximum of Rs 10,000 per monthly statement cycle. It’s merchant agnostic nature ensures that the customers are not restricted to shopping with just a few merchants to avail the benefits. our expert rating 4.5 out of 5.

Cashback SBI Card Features

The benefits offered by CASHBACK SBI Card go well beyond its strong cashback features. Lets find out all the features.

Card Cashback

• 5% Cashback on every* online spend without any merchant restriction
• 1% Cashback on all* offline spends and utility bill payments
• Card Cashback will be auto-credited to your SBI Card account within two days of your next statement generation.

No Joining Fee

Enjoy all the privileges for the first year absolutely free.

Spend Based Reversal

Reversal of Renewal Fee on annual spends of Rs.2 Lakhs

Complimentary Domestic Lounge

4 complimentary Domestic Airport Lounge visits in a year (1 visit per quarter)

Fuel Surcharge Waiver

• 1% Fuel Surcharge Waiver across all petrol pumps in India*
• * applicable on transactions of Rs. 500 – Rs. 3,000, exclusive of GST and other charges. Get maximum surcharge waiver of Rs. 100 per statement cycle per credit card account

Contactless Advantage

• Daily purchases now made easy with CASHBACK SBI Card. Simply tap your card at a secure reader to transact
• Fast & convenient: No need to hand over your card or look for cash / coins for everyday small ticket purchases
• Security: The card never leaves your hand during a Contactless transaction, significantly reducing the risk of card loss and fraud due to skimming (counterfeit). Even if the card is tapped multiple times at the reader, the unique security key feature of VISA PayWave will ensure that only one transaction goes through, thus making it more secure.

Worldwide Acceptance

• You can use your CASHBACK SBI Card in over 24 million outlets across the globe, including 3,25,000 outlets in India
• Use your card to make payments at any outlet that accepts VISA

Fees and Charges

• Joining Fee (one time): NIL
• Renewal Fee (per annum): Rs. 999 from second year onwards. Renewal Fee reversed if annual spends for last year >= Rs. 2,00,000.
• Add-on Fee (per annum): NIL

Cashback SBI Card Limitations

• Cashback not applicable on Rent Payments, Wallet Loads, Merchant EMIs, Cash Advances, Balance Transfer, Encash & Flexipay.
• 1% Cashback on all utility bill payment that are recharge, pay bill and insurance etc.

CASHBACK SBI Card FAQ

Q1. How can I earn Cashback?

You can earn Cashback by making online and offline (Point of Sale) transactions using your CASHBACK SBI Card. For details, please see the cardholder T&Cs.

Q2. How much Cashback can I earn?

You can earn accelerated Card Cashback of 5% on online transactions and base Card Cashback of 1% on offline and utility bill payments. For exclusions and other details, please see the cardholder T&Cs.

Q3. Is there a limit to the Cashback that I can earn?

• There is no limit to the amount of Card Cashback that you can earn. However, the accelerated Card Cashback i.e. 5% cashback is limited to Rs. 10,000 per billing statement month. Post that, you will continue to get base Card Cashback of 1% on eligible online and offline spends.For instance: If your statement generation date is 11th July, the transactions made from 12th June to 11th July will be considered under this statement cycle and all eligible online transactions during this period will accrue 5% Cashback up to maximum of Rs. 10,000. Within the same statement period, all transactions made after reaching the cashback limit of Rs. 10,000 will accrue 1% cashback till 11th July.

Q4. What do I have to do to receive the earned Cashback?

The Card Cashback will be automatically credited to your SBI Card account and will reflect in your monthly statement.

Q5. When will I receive Cashback?

Card Cashback will be posted within two working days of the statement generation of your respective cycle.

Q 6. Where can I see the earned Cashback?

You can login to SBI Card Website or SBI Card Mobile app to check the same. You can also check details of cashback earned in your monthly Credit Card statement.

Q7. Will I earn Card Cashback on fuel spends?

While you will not earn Cashback on fuel spends, you will get 1% Fuel Surcharge Waiver across all petrol pumps in India on purchase of fuel.

Q8. Will my Card Cashback expire?

Your Card Cashback does not expire. The card cashback earned for every billing cycle is credited to your SBI Card account within two working days of Card statement generation.

Q9. What will happen to my earned Card Cashback in case of replacement or renewal of my card?

There is no impact on the earned cashback in case of replacement or renewal of your CASHBACK SBI Card.

Q10. What will happen to my Card Cashback if I switch to other SBI credit card?

In case you switch your card to another SBI Card, all the Card Cashback earned by you in that cycle will be automatically posted to your SBI Card account within two working days of the transfer.