Cashback SBI Credit Card

Joining Fee: Rs. 999 + GST
Renewal Fee: Rs. 999 + GST
Best Suited For: Shopping
Reward Type: Reward Points |
Welcome Benefites: NA

Apply Now

Add to Compare

The SBI Cashback Card is a newly launched credit card offered by SBI Card. As the name suggests, the card is a cashback reward card and provides cash back for every transaction down with the card. It’s a great card as you don’t have to track your reward points or go through the hassle of redeeming points for different things. The annual charges applicable on the card are Rs. 999, and you can get it waived off on spending Rs. 2 Lakhs or more in the previous year. With this card, you can earn up to 5% cash back on all online and offline spending made with the card. The cashback is automatically credited to the cardholder’s account, and you even get access to other features like fuel surcharge waiver, etc. Go through our Cashback SBI Card review to learn about its features and benefits.

New Features

Spend Based Waiver

The annual fee can be waived on spending Rs. 2,00,000 or more in the previous year.

Interest Rates

3.5% p.m. (42% p.a.)

Add-on Card Fee

Nil

Rewards Redemption Fee

NIL

Fuel Surcharge

1% fuel surcharge waiver for transactions between Rs. 500 and Rs. 3,000 at petrol pumps across India. (waiver capped at Rs. 100 per statement)

Foreign Currency Markup

3.5% of the international transaction

Cash Advance Charges

2.5% of the amount withdrawn or a minimum charge of Rs. 500.

Movie & Dining

Travel

International Lounge Access

Rewards Rate

5% cashback for every online transaction and 1% cashback on other offline transactions. You can earn a maximum of Rs. 5000 cashback in a single statement cycle.

Golf

Insurance Benefits

Reward Redemption

Cashback earned with the card will be automatically credited to next month’s statement.

Domestic Lounge Access

Zero Liability Protection

The cardholder will not be liable for any fraudulent transaction if the card is reported lost or stolen to the bank in a timely manner.

Pros

Decent 5% cashback on online and 1% cashback on offline spends. The monthly cashback cap of Rs. 5,000 is high when compared to other cashback cards. Great for online spendings as most cashback cards don’t offer 5% back and have lower rewards.

Cons

There are several categories excluded from 1% cashback. It can be hard to reach the spend-based waiver as many major spend categories don’t accrue cashback. Complimentary lounge access has been discontinued on the card. During online sales, you do not get an instant discount on the cashback card.

Similar Cards

Add to Compare

Paytm SBI Credit Card

Paytm SBI credit card is a co-branded card launched in co-partnership with Paytm by SBI cards. You get a cashback of 3% on every Rs 100 spent on Paytm Mall, movies, and travel. In addition to this, you get a 2% cashback purchase made on all other categories using the Paytm App and a 1% cashback on other online and offline transactions. Furthermore, you get a complimentary subscription to Paytm First Membership and get benefits worth up to Rs 25,000. With this credit card, you get a free Paytm First Membership voucher for annual spending of Rs 1,00,000. There are various other benefits that come along with this credit card which are explained in the article below –

Add to Compare

HSBC Smart Value Credit Card

The HSBC Smart Value Credit Card is among the most popular lifetime free credit cards in the Indian market. It comes with a zero annual & joining fee and provides its customers with several exciting welcome benefits, including complimentary airport lounge access, an Amazon gift voucher worth Rs. 500, up to Rs. 100 cashback on Google Pay, and up to Rs. 1,000 cashback on retail transactions within the first 60 days. Talking about its reward program, it earns you up to 3 Reward Points on every spend of Rs. 100. These reward points can be redeemed against an array of options available at the HSBC Rewards catalogue. However, you don’t get many premium benefits with this card, but it can still be considered a great option for people who are new to the world of credit cards. Another great thing about this credit card is that it comes with a dynamic interest rate which can be 1.99% per month to 3.49% per month depending on the credit history of different individuals. You might get a lower interest rate if you have a very good credit profile and higher if your credit score is low. To understand the detailed features & benefits of the HSBC Smart Value card, and its fees & charges, go through the complete article:

Add to Compare

IndusInd Intermiles Voyage Visa Credit Card

IndusInd InterMiles Voyage Visa credit card is a premium travel card that provides travel and lifestyle benefits. You get a 2,000 bonus InterMiles and a discount voucher of Rs. 750 on flight bookings and Rs. 1,500 on hotel bookings as a welcome benefit on this card. Furthermore, you also get 2,500 bonus InterMiles and a discount voucher of Rs. 500 on flight bookings and Rs. 1,000 on hotel bookings every year on renewal fee payment. With this credit card, you earn up to 3 intermiles on regular spends and 2x InterMiles on flight and hotel bookings on intermiles.com. This card does not only offers you travel benefits like a complimentary Priority Pass, but certain lifestyle benefits as well. You get 1+1 offers on movie ticket bookings on BookMyShow. There are several other benefits associated with this such as travel insurance, fuel surcharge waivers, concierge services, air accident cover, liability protection, auto assistance, etc. Read on to know more:

1 OFFER

Benefites of SBI Credit Card Total Benefits...

View Offers

Other Cards

View all