SBI Cashback Credit Card

The SBI Cashback Credit Card is a consumer credit card issued by SBI Card. It is designed for individuals who frequently shop online and offers a platform-independent cashback structure. The card provides automatic cashback directly to the card statement, making it convenient and user-friendly.

Key Features

5% cashback on eligible online purchases (excluding rent, utilities, wallet loads, etc.)
1% cashback on all other spends (including offline and miscellaneous purchases)
Cashback is automatically credited to the statement balance each month
Works across all major online platforms (Amazon, Flipkart, Myntra, Ajio, Nykaa, etc.)

Fees and Charges

Joining Fee: ₹999 + GST
Annual Fee: ₹999 + GST (waived on annual spends of ₹2,00,000 or more)
Interest Rate: Up to 3.5% per month (42% per annum)
Foreign Currency Mark-up Fee: 3.5%
Fuel Surcharge Waiver: 1% (on fuel transactions between ₹500 and ₹3,000; capped at ₹100/month)

Cashback Exclusions

Cashback is not applicable on the following categories:

Wallet reloads (e.g., Paytm, PhonePe)
Utility bill payments
Rent payments
Fuel transactions
Insurance premiums
Government-related payments
Education-related payments
EMI transactions (merchant EMIs and post-purchase conversions)

Note: Cashback eligibility is determined by Merchant Category Codes (MCCs). Transactions under excluded MCCs will not earn cashback.

Eligibility Criteria

Age: 21 to 60 years (for the primary cardholder)
Applicant must be an Indian resident with valid KYC documents
Minimum income and credit score as per SBI Card’s internal credit policy

How to Apply

Online: Through the official website www.sbicard.com
Offline: By visiting an SBI branch or contacting an authorized representative
Approval Time: Typically 1 to 3 business days after document verification and eligibility check

Why Choose the SBI Cashback Credit Card?

No platform restrictions: Earn 5% cashback on any eligible online platform
Automatic cashback: No need for reward redemption or conversions
Ideal for multi-platform shoppers: Works equally well on Amazon, Flipkart, Ajio, Nykaa, and more
Simple reward structure: No complicated points—just real cashback credited monthly

Summary

The SBI Cashback Credit Card is an excellent choice for users who make regular online purchases across different platforms. With its flat 5% cashback, automatic credit system, and platform independence, it offers a straightforward and rewarding experience for digital shoppers.