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

By Mayashree Acharya

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Updated on: Jun 6th, 2024

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15 min read

India’s largest commercial bank, State Bank of India, offers a range of facilities to meet the growing basic and luxurious needs of its customers. A cashback credit card is one such service which is much more than a simple credit card transaction.

With an SBI cashback credit card, you can earn wonderful rewards for every online or offline transaction using this card. 

What Is the SBI Cashback Card?

As the name suggests, SBI cashback credit card offers customers cashback benefits for online and offline transactions. With these cards, SBI refunds a small amount of your purchase price if your expense surpasses a certain limit. 

With an SBI cashback card, you will receive 5% cash back on online shopping with no merchant restriction. Also, these credit cards allow 1% cashback if you use them for offline purchases. It also offers a 1% fuel surcharge waiver across all petrol pumps in India.

However, it is important to note that SBI cashback credit card benefits do not apply to any kind of merchant EMI or Flexipay EMI transactions for certain categories. These are insurance, fuel, utility, jewellery, rent, wallet, school and education services and railway. 

Benefits of Cashback SBI Card

The following points will take you through the benefits of the SBI cashback credit card

  • Worldwide Acceptance

You can use the SBI cashback credit card in more than 24 million outlets across the globe. In India alone, you can use this credit card in around 3,25,000 outlets. Furthermore, you can consider paying with this card at any outlet that accepts VISA. 

  • Cash Withdrawal Facility in Any Outlet

You can withdraw cash anytime from more than 1 million VISA-enabled ATMs across the world. 

  • Fuel Surcharge Waiver

With SBI Cashback credit cards, you can enjoy a 1% fuel surcharge waiver in all petrol pumps across India. This benefit is applicable for all transactions ranging between Rs. 500 and Rs. 3,000, excluding GST and other extra charges. You will also get a maximum surcharge of Rs. 100 per statement cycle in one credit card account. 

  • Hassle-Free Transaction

You will receive cashback on your SBI account within 2 business days following the transaction date. The cashback will be automatically credited to your card account. Thus, you do not need to wait for a long time to receive the benefits. 

  • Cashback Amounts

You will receive a 5% cashback on your account for online payments using SBI cashback credit cards. However, for offline payments using this card, you will receive 1% cashback. 

  • Contactless Payments 

With an SBI cashback credit card, you do not need to enter your password to a card machine for every offline purchase. Instead, your payment process will be secure and quick with just one tap.

  • Add-on Cards

The SBI cashback credit card allows you to add your family members to enjoy benefits from your credit card account with add-on cards. 

  • Balance Transfer facility on EMI

You can transfer your outstanding balance from other accounts and avail of lower interest rates with SBI cashback credit cards. You can pay your credit card dues. 

  • Spend Based Reversal

For annual spending above Rs. 2 lakh, you are not required to pay renewal fees. 

  • Utility Bill Payment Feature

You can use your debit card to pay utility bills like telephone, mobile, electricity and others. 

Fees and Charges for Cashback SBI Card

The points below will take you through fees and charges associated with SBI cashback credit cards:

ParticularsFees and Charges
Joining FeeRs. 999
Add-on FeeNA per annum
Renewal FeeRs. 999 applicable from second year onwards. SBI will reverse your renewal fee if your yearly spending for the previous year exceeds Rs. 2 lakh
Finance Charges3.50% per month
Cash Advance Fees2.5% or Rs. 500 (whichever is higher) on withdrawals
Cash Payment FeesRs. 199 - Rs.250
Overlimit Fees2.5% of the overlimit amount or Rs. 600 (whichever is higher)

Eligibility Criteria for Cashback SBI Card

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

  • Applicants must belong between the 21 to 70 year age group. 
  • He/she can be a salaried or self-employed individual. 
  • As an applicant, you must have a good credit score (preferably 750 or higher). 

Documents Required for Cashback SBI Card

Take a look at the following documents that you must furnish 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 an SBI cashback credit 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. 

You can follow the steps above to apply for an SBI cashback credit card. On this note, you must remember that entering misleading information or incorrect details can delay your credit card application process. It can also lead to rejection and a lowering of your credit score.

Therefore, consider keeping your documents handy and review your application before submission to look out for any discrepancies. 

Related SBI Articles:
1. SBI Bank Balance Check Number  
2. SBI Credit Card Customer Care Number
3. SBI ATM Card Block - How To Block SBI ATM Card?
4. SBI Debit Card - How To Activate SBI Debit Card Online/Offline?
5. Close SBI Credit Card - How To Close SBI Credit Card?
6. Unblock SBI Credit Card - How To Unblock SBI Credit Card?
7. How To Block SBI Credit Card?
8. SBI ATM Withdrawal Limit For Different Types Of SBI Debit Cards
9. SBI Car Loan Customer Care (24x7 Toll Free) Number
10. How to Check and Download SBI Loan Statement?
11. How to Pay SBI Credit Card Bill?
12. How To Redeem SBI Credit Card Reward Points
13. SBI Debit Card Charges Withdrawal Charges Per Year
14. SBI Credit Card Status

Frequently Asked Questions

How to get cashback on an SBI credit card?

You can earn cashback by making online or offline transactions using an SBI cashback credit card.

How to check cashback in SBI credit card?

You can check your cashback by logging in to the SBI credit card website or account. 

How to redeem cashback on an SBI Credit card?

You can visit the official portal of SBI Credit Card or check in to the SBI credit card app for SBI credit card gift vouchers or reward points redemption. 

Can I apply for a Cashback SBI Card online?

Yes, you can visit the SBI Credit Card website to apply online. 

What is the cashback offered on online purchases?

For online purchases, you can enjoy 5% cashback with the SBI cashback card. 

When will I receive cashback on my Cashback SBI Card?

You will receive cashback on your Cashback SBI credit card within two working days of your credit card’s statement generation. 

What is the cashback offered on offline purchases?

For offline purchases using your SBI cashback credit card, you will receive 1% cashback. 

Will I get access to airport lounges with my Cashback SBI Card?

No, the SBI cashback card does not offer airport lounge access to card users.

What is the fuel surcharge waiver offered on the Cashback SBI Card?

SBI Cashback credit card offers a 1% fuel surcharge waiver across any petrol pump in India. 

Can I avail add-on cards for my family members?

Yes, you can avail add-on cards for your family members above 18 years old with an SBI cashback credit card. 

Is the SBI cashback card a credit card?

Yes, the SBI cashback card is a credit card. 

What is the CIBIL score for an SBI cashback credit card?

You must have a credit score of 750 and above to be eligible for an SBI cashback credit card.

About the Author

I am an advocate by profession and have a keen interest in writing. I write articles in various categories, from legal, business, personal finance, and investments to government schemes. I put words in a simplified manner and write easy-to-understand articles. Read more

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Quick Summary

State Bank of India offers a cashback credit card with benefits for online and offline transactions, including a 5% cash back on online shopping and a 1% cash back on offline purchases. The card also offers a fuel surcharge waiver, hassle-free transactions, and worldwide acceptance. Fees and charges apply, and applicants must meet certain eligibility criteria and provide specific documents to apply for the card.

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