SBI Cashback Credit Card
| SBI Cashback Credit Card | |
|---|---|
| File:SBI-Cashback.png | |
| Credit Card Name | SBI Cashback Credit Card |
| Apply For This Card | https://www.technofino.in/takeme/sbi-cb-tfc |
| Credit Card Issuer's Name | SBI Cards |
| Category | Cashback Credit Card |
| First Launched Date | September, 2022 |
| Relaunched Date | |
| Credit Card's Networks | Visa |
| Core Reward Rate | 5% |
| Is Airmiles Transfer Option Available | No |
The SBI Cashback Credit Card — a popular offering in SBI Card’s portfolio — is designed for digital-savvy consumers who prefer simplicity, flexibility, and instant savings. Unlike reward point-based cards, this card offers platform-independent flat-rate cashback that is automatically credited to the statement, making it a no-hassle solution for everyday online spending.
Positioned as a low-maintenance, high-return card, it targets users who frequently shop online across major platforms like Amazon, Flipkart, Myntra, Ajio, and more. With an affordable annual fee of ₹999 and no reward tracking required, the Cashback Card is a compelling product in the entry-level to mid-range cashback segment.
Over time, this card has established itself as a reliable option for customers who prioritize real cashback over complicated points systems, making it one of India’s most straightforward and rewarding credit cards for online spending.
Charges
- Annual Fee: ₹999 + GST (renewable annually)
- Joining Fee: ₹999 + GST
Annual Fee Waiver Condition
To reward loyal customers, SBI Card waives the renewal fee if the cardholder spends ₹2 lakhs or more in the previous membership year.
Welcome & Renewal Benefits
There are no gift vouchers or reward points awarded as welcome or renewal benefits. The core benefit remains cashback on eligible spends, auto-credited monthly to the card statement.
Key Features & Benefits
Fuel Surcharge Waiver
- 1% waiver on fuel surcharge at all fuel stations in India.
- Eligible on transactions between ₹500 and ₹3,000.
- Maximum waiver: ₹100 per billing cycle.
- No cashback is applicable on fuel transactions.
Foreign Currency Markup
A standard foreign transaction fee of 3.5% + GST, applicable on all international purchases made in foreign currency.
Zero Lost Card Liability
If the card is lost or stolen and reported promptly, the cardholder is not liable for any fraudulent transactions that occur post-reporting.
Cashback Credit Program
A. Cashback Earning
- Earn 5% cashback on all eligible online spends, including Amazon, Flipkart, Myntra, Ajio, Nykaa, and others.
- Earn 1% cashback on all other spends, including offline and miscellaneous transactions.
- Cashback is automatically credited to the statement within 2 days of the statement generation.
- Maximum cashback per billing cycle: ₹5,000.
B. Cashback Exclusions
Cashback is not applicable on the following transaction types:
- Wallet reloads (e.g., Paytm, PhonePe)
- Utility bill payments
- Rent payments
- Fuel spends
- Insurance premium payments
- Government-related payments
- Education-related transactions
- EMI transactions (merchant EMIs and post-purchase EMI conversions)
Note: Cashback eligibility is determined based on Merchant Category Codes (MCCs).
Eligibility Criteria
For Salaried (Non-Government Employees)
- Age: Min 21 years & Max 60 Years
- Net Monthly Income: Above ₹25,000 (indicative, may vary)
For Self-Employed (Non-Government Professionals)
- Age: Min 21 years & Max 65 Years
- Income: ITR > ₹5 Lakhs per annum
Common Requirements
- Must be an Indian resident with valid KYC documents
- Credit score and approval subject to internal SBI Card policy
How to Apply
You can only apply online for this credit card. Apply directly via https://www.technofino.in/takeme/sbi-cb-tfc