SBI Cashback Credit Card - Benefits, Cashback limit, Review & Apply Online

The SBI Cashback Credit Card is a popular option for customers who prefer direct cashback instead of reward points. SBI cashback card offers up to 5% cashback on online transactions and 1% cashback on offline spending. This cashback SBI card can be used for both domestic and international transactions.

Key Highlights

• Cashback Credit Timeline: Cashback is credited within 2 business days of the transaction.
• Exclusions: No cashback on EMI, fuel, utility bills, rent, wallet loads, jewellery, railway, and education fees.
• Fuel Surcharge Waiver: 1% waiver at all petrol pumps across India, capped at Rs. 100 per statement cycle.
• Annual Fee Waiver: Renewal fee of Rs. 999 waived on yearly spends above Rs. 2 lakh.
• Add-on Cards: Share benefits with family members at no additional cost.

What is the SBI Cashback Card?

Fees and Charges for Cashback SBI Card

The table below lists the fees and charges associated with SBI cashback card:

Benefits of Cashback SBI Card

The SBI cashback card comes with several benefits: 

Worldwide Acceptance

The SBI Cashback Card is accepted at over 24 million outlets globally and 3.25 lakh outlets in India. You can use it wherever VISA cards are supported, making it highly convenient for domestic and international spending.

Cash Withdrawal Facility

You can withdraw cash from more than 1 million VISA-enabled ATMs worldwide using this card. This ensures quick access to funds anytime, anywhere.

Fuel Surcharge Waiver

Enjoy a 1% fuel surcharge waiver on transactions between Rs. 500 and Rs. 3,000 at all petrol pumps in India. The benefit is capped at Rs. 100 per billing cycle, excluding GST and other charges.

Hassle-Free Cashback

Cashback earned on eligible transactions is automatically credited to your card account. This happens within two business days.

Cashback Rewards

Earn 5% cashback on all online purchases without merchant restrictions. Offline transactions also fetch 1% cashback.

Contactless Payments

Make secure and faster transactions with tap-to-pay technology. No need to enter your PIN for purchases up to the allowed limit.

Add-on Cards

You can issue add-on cards to family members and extend the same benefits. This makes managing household expenses easier while enjoying shared cashback rewards.

Balance Transfer on EMI

You can transfer outstanding balances from other bank credit cards to your SBI Cashback Card. You can then pay back conveniently through lower-interest EMIs.

Spend-Based Renewal Fee Waiver

If your annual spending crosses Rs. 2 lakh, SBI waives off the renewal fee of Rs. 999. This ensures you enjoy the benefits of the card without extra yearly charges.

Utility Bill Payments

You can pay electricity, mobile, telephone, and other utility bills using your SBI Cashback Card. This not only provides convenience but also helps you earn cashback on routine expenses.

Eligibility Criteria for Cashback SBI Card

To avail the benefits of an SBI cashback credit card, you must fulfil the following eligibility criteria:

• Age Limit: You should be between 21 and 70 years of age to apply.
• Employment: Both salaried professionals and self-employed individuals are eligible.
• Credit Score: A good credit score (ideally 750 or above) is necessary for approval.

Documents Required for Cashback SBI Card

You must furnish the following documents to avail a cashback SBI card:

Proof of Income

• Last 3 month’s bank statement
• The latest or last two salary slips (not more than 3 months old)
• Recent Form 16

Identity Proof

• Aadhaar card
• PAN card
• Drivers’ licence
• Job card by NREGA
• Passport
• Letter by UIDAI
• Overseas Citizen of India card
• Voter’s ID
• Person of Indian origin card
• A photo ID proof approved by the Government

Address Proof

• Utility bills up to 3 months old 
• Driving licence
• Passport
• Aadhaar card
• Ration card
• Person of Indian Origin card
• Property registration document
• Bank statement or any other government-issued document approved as address proof
• NREGA issued job card

How to Apply for a Cashback SBI Card?

Here are the steps that you can follow to apply for a cashback SBI card:

Step 1: Open the Credit Cards page on the SBI official website. Here, you will see a list of different credit cards that SBI offers. 

Step 2: Locate the Cashback SBI Credit Card from this list and click on the 'Apply Now' option below the card. 

Step 3: On the next page, click on the ‘Start apply journey’ button. Your screen will display an e-Apply form or online application form. 

Step 4: Start filling out this form carefully by entering the necessary details. 

Step 5: After entering the necessary information, click on ‘Submit’ to get an instant message stating the status of your application form submission. 

Step 6: After bank authorities approve your application, a representative from SBI will call you to verify the information. 

Step 7: As the bank completes the verification process, it will post your credit card to your registered address. 

The SBI Cashback Credit Card is a smart choice for those who shop online frequently and want guaranteed cashback instead of reward points. With 5% online cashback, 1% offline cashback, and a renewal fee waiver, the SBI cashback card helps you save more on daily spends. If you’re looking for a globally accepted and rewarding option, the cashback SBI card is worth considering.

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