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SBI Cashback Card
SBI • Visa

SBI Cashback Card

Apply Now Read Review
Decision memoUpdated 13 Feb 2026
Get it if

Use for eligible online retail, food delivery, and travel checkouts up to roughly ₹40,000 per statement cycle

Skip it if

Heavy spenders lose significant value after the 1 April 2026 cap cut because the old ₹5,000 statement-cycle ceiling is gone

Verified 25 Mar 2026VerifiedHigh confidence4 sources checked

Latest change: Verified fee, statement-cycle cashback cap, and exclusion set from issuer page + FAQ

For Moderate Online Shoppers. 5% on online spend. ₹999 fee, waiver at ₹2,00,000 / year. Skip it for lounge access.

Quick Overview

What matters before you apply.

You should be able to scan the fee, waiver rule, best use case, lounge condition, and biggest downside in one pass.

Why get it

Why you should get it

Moderate Online Shoppers

  • 5% cashback on eligible online spends (capped at ₹2,000 per statement cycle)
  • 1% offline cashback (capped at ₹2,000 per statement cycle)
  • Cashback auto-credited to card statement
  • Annual fee waiver on ₹2L yearly spend
Why skip it

Why you may regret it

These are the rules and drawbacks most likely to make the card feel disappointing after signup.

  • 5% eligible online cashback has a strict ₹2,000 cap per statement cycle effective 1 April 2026
  • Utility, insurance, fuel, rent, wallet, education, jewellery, railways, digital gaming, toll, and select government transactions are excluded
  • No airport lounge benefit on base card proposition
Annual Fee₹999Joining fee ₹999
Spend to Waive Fee₹2,00,000 / yearWaived on annual spends of ₹2,00,000
Best Category Return5%Online spend
Lounge Access ConditionNo accessNo lounge access listed.

Quick notes

How to use the card well, and what to watch before applying.

How to use it well

  • Use for eligible online retail, food delivery, and travel checkouts up to roughly ₹40,000 per statement cycle.
  • Once the ₹2,000 online cap is reached, route incremental online spends to a secondary card.
  • Keep a separate card for utility, insurance, rent, wallet, fuel, education, railways, jewellery, gaming, toll, and government spends.

Watch before applying

  • Heavy spenders lose significant value after the 1 April 2026 cap cut because the old ₹5,000 statement-cycle ceiling is gone.
  • SBI's FAQ still shows the older ₹5,000 cumulative cap, so trust the revised benefits letter and MITC for current cashback math.
  • Merchant EMI and Flexipay EMI transactions do not qualify for cashback.
Compare or Switch

What to do if this card is close, but not perfect.

Compare this card side-by-side or jump into a few strong alternatives before you move into the deeper research sections.

Compare this cardBrowse similar cards

Same-bank step-up path

These are objective same-bank step-up options from the current rewards and lounge model.

Step 1

Flipkart SBI Credit Card

Annual fee: ₹500

Shared focus: Shopping, CashbackHigher top earn rate (7.5%)Estimated +₹1,890/yr value
View Details

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Value & Fees

Check if the card clears its own fee.

Keep the topline simple first. Open the calculators only if the fee, waiver rule, and reward shape still look attractive.

Annual fee₹999

Joining fee ₹999

Fee waiver₹2,00,000 / year

Waived on annual spends of ₹2,00,000

Best return5%

Online spend

Fee waiver estimator

Adjust your spend only if you need to test whether the card pays for itself.

Open

Fee waiver & value estimator

Adjust your spend to see fee waiver eligibility and capped rewards.

Annual fee
₹30,000 / mo
₹3,60,000 / year
Estimated rewards₹3,600

Assumes base reward rate only.

Annual feeWaived

Waived on annual spends of ₹2,00,000

Net value₹3,600

Estimated savings per year.

Fee waiver target: ₹2,00,000 annual spend.Reward cap applied at ₹48,000/yr (not reached).

Reward rate breakdown

Open the category chart when two cards are close and you need the exact spend shape.

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Reward Rate Breakdown

Category-wise reward rates for this card

Online
5.0%
Basedefault
1.0%
Offline
1.0%
Current Opportunities

Open the live value layer only if the card still looks strong.

Live offers, redemptions, and milestone math are useful for optimization, but they should not crowd the main decision.

Live offersNone right now

Offer availability changes often.

Best redemptionNot highlighted

This card is better treated as direct cashback or feature value.

MilestonesNo milestone edge

No standout milestone boost highlighted.

Redemption tools

Use these only if your shortlist is down to cards where redemption value can change the decision.

Open

Redemption optimizer unavailable

This card is better evaluated through direct cashback, fee drag, and perk value right now.

Lounge Reality

Treat lounge as real value only after the rule check passes.

Keep the headline simple first. Open the full checklist and airport map only if lounge access matters for this card.

Visits listedNo access

No complimentary lounge visits are currently listed.

Access ruleNo access

Source snapshot maps to "SBI Cashback Card" (0 lounges: 0 domestic, 0 international). Policy override notes: • This card is cashback-focused and does not position lounge access as a primary benefit. • No lounge spend qualification rule is listed for SBI Cashback Card. • No quarter/cycle lounge eligibility rule is listed for SBI Cashback Card. • Guest lounge access is not listed for SBI Cashback Card. • Priority Pass is not listed for SBI Cashback Card. Verify latest spend criteria and guest access with issuer before travel.

Coverage sourcePolicy fallback

Policy fallback: Policy-only fallback: no airport lounge entitlement is listed for this cashback-focused card.

Full lounge eligibility checklist

Open this to validate spend thresholds, program fit, and any conditions that can block access.

Open

Lounge eligibility checklist

Policy fallback: Policy-only fallback: no airport lounge entitlement is listed for this cashback-focused card.

Lounge Spend Tracker

Eligibility target met: No

Track lounge eligibility for SBI Cashback Card using your current year spend.

₹0 spent₹2,00,000 target

Policy signal used: Annual fee waiver on ₹2L yearly spend

Spend threshold

No lounge spend qualification rule is listed for SBI Cashback Card.

Quarter / cycle rule

No quarter/cycle lounge eligibility rule is listed for SBI Cashback Card.

Guest access

Guest lounge access is not listed for SBI Cashback Card.

Priority Pass

Priority Pass is not listed for SBI Cashback Card.

Airport-wise lounge locations

Open the full location map only if this card passes the lounge rule check above.

Open

Lounge locations

No airport-wise rows currently available

Airport-level lounge rows are not currently available for this card. We still show policy checklist details above.

Decision Details

Open the dense rulebook only when you are close to applying.

Earn exclusions, fine-print benefits, and fee rows matter, but they should sit behind an extra click instead of competing with the main overview.

Enriched decision data not available

This card does not have publishable enrichment records in the current high-confidence snapshot.

FAQ & Evidence

Keep proof and verification at the bottom.

This is the validation layer. Use it after the card already feels like a possible yes.

Truth Data Snapshot

Issuer-linked details for offers, redemption, lounges, and reliability status.

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Offer Truth

  • Joining fee₹999
  • Annual fee₹999
  • Waiver threshold₹2,00,000
  • Cap typemonthly
  • Cap resetstatement-cycle
  • Last verified2026-03-25

Redemption Truth

  • Cash value/point₹1
  • Travel value/point₹1
  • Transfer partners0
  • Min redemption₹500
  • Expiry policyNot applicable because cashback posts to statement and does not accumulate as reward points.
  • Last verified2026-03-25

Lounge Truth

  • NetworkVisa
  • Domestic count0
  • International count0
  • Quarterly limit0
  • Airport-terminal rows0
  • Policy check2026-02-13

Reliability + Outcomes

  • Verification statusverified
  • Freshness days0
  • Source conflicts1
  • Applied reports21
  • Approval reports13

Frequently asked questions

Short answers for the usual apply, fee, reward, and lounge questions.

Open
Is SBI Cashback Card lifetime free?

It has an annual fee of ₹999. Waived on annual spends of ₹2,00,000

What rewards does SBI Cashback Card offer?

5% eligible online cashback and 1% offline cashback with a split ₹2,000 online + ₹2,000 offline statement-cycle cap effective 1 April 2026.

Does SBI Cashback Card include lounge access?

No complimentary lounge access is currently listed for this card.

Who should consider SBI Cashback Card?

Moderate Online Shoppers

Where can I apply for SBI Cashback Card?

Check the issuer link listed for this card.

Sources and verification

Issuer link, last verification date, and how this page was assembled.

Open

Sources & Verification

  • Official Issuer Page:Direct Link
  • Last Verified: 2026-03-25
  • Data Method: Automated scraper + Manual audit