SBI Cashback Credit Card: Benefits & Features Explained
Get up to 5% cashback on your purchases with the SBI Cashback Credit Card! This card offers an array of benefits, making it a popular choice for both online and offline shoppers.
Key Features of SBI Cashback Credit Card
Every credit card has its unique selling points. Here’s why the SBI Cashback Credit Card stands out:
- 1% Fuel Surcharge waiver upto Rs 100 / statement cycle on transaction between Rs 500 to Rs 3000
- Add on Cards for your parents, spouse, children or siblings above the age of 18
- Withdraw cash from over 1 million VISA across the globe
- Card Cashback will be auto-credited to your SBI Card account within two days of your next statement generation
Card Cashback
- 5% Cashback on online spends without any merchant restrictions.
- 1% Cashback on offline spends.
Note: Cashback is not applicable on certain transactions such as utility, insurance, fuel, rent, wallet, school and educational services, jewelry, railways among others. Refer to the terms and conditions for a complete list of exclusions.
Hassle-Free Cashback
Cashback is automatically credited to your SBI Card account within two working days after your next statement generation. Talk about convenience!
Fees and Charges
| Type | Amount |
|---|---|
| Joining Fee | Rs. 999 |
| Renewal Fee | Rs. 999 per annum (waived on spends >= Rs. 2,00,000 per annum) |
| Add-on Fee | NIL |
FEES AND LIST OF CHARGES
Joining Fees: Rs 999 + GST
Annual Fees: Nil for First year, Rs 999 + GST – Second year onwards
Annual Fees will be waived on annual spends of Rs 2 Lacs
ELIGIBLITY CRETRIA
- Employment status: Salaried or Self-Employed
- Income: Rs 30,000 per month
- Required Age: 21-60 years
- Credit Score – 650+
- New to credit – Only for Salaried
- Credit Card holders are preferred
- No delay payments in last 12 months
- Card Holders should be an Indian Citizens or a Non Resident Indian
Fuel Surcharge Waiver
Save more with a 1% fuel surcharge waiver across all petrol pumps in India for transactions between Rs. 500 and Rs. 3,000, exclusive of GST and other charges. Enjoy a maximum surcharge waiver of Rs. 100 per statement cycle per credit card account.
Contactless Advantage
Make daily purchases faster and more secure by tapping your SBI Cashback Credit Card on secure readers without the need to hand over your card or search for cash. This reduces the risk of card loss and fraud due to skimming.
Worldwide Acceptance
Your SBI Cashback Credit Card is accepted in over 24 million outlets worldwide, including 325,000 outlets in India. Easily make payments anywhere that accepts VISA.
Add-on Cards
Empower your family members by providing them with add-on cards, available for your parents, spouse, children, or siblings above the age of 18.
Utility Bill Payment Facility
Pay your utility bills, including electricity, telephone, and mobile bills, conveniently using the Easy Bill Pay facility on your SBI Cashback Credit Card.
Balance Transfer on EMI
Save money on interest by transferring outstanding balances from other banks’ credit cards to your SBI Cashback Credit Card and repaying in easy EMIs.
