Credit Cards · Honest Review

SBI Cashback Credit Card

State Bank of India · Visa

₹999Annual fee
1.00%Base rate
3.5%Forex markup
₹25KMin income/mo
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Your Verdict

SBI Cashback Credit Card
State Bank of India · Visa
  • ✓5% cashback on all online spends, capped at 2,000 per statement cycle
  • ✓1% cashback on offline spends, capped at 2,000 per statement cycle
  • ✓No merchant restrictions on the 5% online cashback category
  • ✓Cashback auto-credited to statement, no redemption hassle
  • ✓Simple unrestricted cashback structure
₹999/yrAnnual fee
₹999
Annual fee
1.00%
Base reward rate
None
Lounge access
750+
CIBIL score
Our verdict
SBI Cashback Credit Card remains one of the simplest unrestricted online cashback cards in India, paying 5% back on virtually any online purchase regardless of merchant, up to 2,000 per cycle. It's best for online-heavy spenders who want automatic statement credit rather than points to redeem.
Fees & charges

What SBI Cashback Credit Card costs you

SBI Cashback Credit Card carries a ₹999 annual fee and a ₹999 one-time joining fee. The annual fee is waivable: Spend 2 lakh or more in a membership year.

FeeAmount
Annual fee (year 2+)₹999
Joining fee (one-time)₹999
Fee waiver conditionSpend 2 lakh or more in a membership year
Spend required for waiver₹2,00,000 / year
Foreign transaction fee (forex markup)3.5% per transaction
Rewards & cashback

What you earn on every rupee spent

SBI Cashback Credit Card earns 1.00% on all eligible spends as a base reward rate, with accelerated rates on online shopping and other bonus categories listed below.

CategoryReward rate
All other spends (base rate)1.00%
🛒 Online Shopping5% (cap ₹2,000/mo)
5%
Online Shopping
Cap ₹2,000/mo

Reward types: Cashback

Benefits & perks

Beyond the reward rate

The non-reward benefits on SBI Cashback Credit Card are meaningful for frequent users. Here is what you get with the card.

🛫
No lounge access
This card does not include airport lounge access.
⛽
Fuel surcharge waiver
1% fuel surcharge waiver on petrol pump transactions (standard terms apply).
Eligibility

Who can apply for SBI Cashback Credit Card

SBI Cashback Credit Card requires a minimum net monthly income of ₹25,000 for salaried applicants and a CIBIL score of 750 or above. It is open to salaried employees and self-employed professionals.

₹25,000
Min monthly income
750+
CIBIL score
21–70
Age (years)
RequirementDetail
Minimum monthly income₹25,000
CIBIL score750+ (good to excellent)
Age range21–70 years
Employment typeSalaried, Self-employed
Typical approval time7-10 working days

Open to salaried and self-employed applicants; specific income proof requirements vary by applicant profile.

Verdict

Who should (and shouldn't) get SBI Cashback Credit Card

✅ Best for
  • → Heavy spenders on online shopping who want 5% back
  • → Moderate spenders who can clear the fee waiver condition
⚠️ Not ideal for
  • → Frequent flyers who need airport lounge access
  • → International travelers — the 3.5% forex markup adds up quickly
Frequently asked questions

SBI Cashback Credit Card — Questions answered

What is the annual fee for SBI Cashback Credit Card?
The annual fee is ₹999 from year 2 onwards, with a one-time joining fee of ₹999. The fee is waivable: Spend 2 lakh or more in a membership year.
What is the minimum income required for SBI Cashback Credit Card?
Salaried applicants need a minimum net monthly income of ₹25,000 and a CIBIL score of at least 750. Self-employed applicants typically need equivalent annual income proof. Open to salaried and self-employed applicants; specific income proof requirements vary by applicant profile.
What is the reward rate on SBI Cashback Credit Card for online shopping?
SBI Cashback Credit Card earns 5% on online shopping, capped at ₹2,000 per statement cycle. On all other spends, the base reward rate is 1.00%.
Does SBI Cashback Credit Card provide airport lounge access?
SBI Cashback Credit Card does not include airport lounge access as a standard benefit. If lounge access is a priority, consider upgrading to a premium variant or a dedicated travel card.
How do I get the annual fee waived on SBI Cashback Credit Card?
The annual fee on SBI Cashback Credit Card is automatically waived when you meet the spend threshold: Spend 2 lakh or more in a membership year. You do not need to call the bank — the waiver is applied to the next billing cycle once the condition is met.
How long does it take to get SBI Cashback Credit Card approved?
Most applications for SBI Cashback Credit Card are processed within 7-10 working days. Pre-approved customers may receive instant digital approval. Physical card delivery typically takes 3–5 business days after approval.
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Information on this page is gathered from public sources and the card issuer's official website. Fees and reward rates may change — verify the current terms on the issuer's website before applying. SingleVerdict may earn a referral fee if you apply through our links, which does not affect our scoring or editorial decisions.