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SBI CASHBACK

  • Joining Fee 999 (Excluding GST)
  • Annual Charges 999 (Excluding GST)
  • Best Suited For Shopping & Reward

Key Highlights of the SBI CASHBACK

5% Cashback on online* spends without any merchant restriction
1% Cashback on offline* spends

Features and Benefits

Renewal Fee Waiver:
  • The card renewal fee of Rs. 999 can be waived off if the cardholder spends a minimum of Rs. 2 lakh in a calendar year.
Fuel Surcharge Waiver:
  • 1% Fuel Surcharge Waiver across all petrol pumps in India* * applicable on transactions of Rs. 500 - Rs. 3,000
Fast & convenient:
  • No need to hand over your card or look for cash / coins for everyday small ticket purchases
Security:
  • The card never leaves your hand during a Contactless transaction, significantly reducing the risk of card loss and fraud due to skimming (counterfeit).

SBI CASHBACK Fee Charges

Joining Fee (one time) Rs. 999
Renewal Fee (per annum) Rs. 999 from second year onwards. Renewal Fee reversed if annual spends for last year >= Rs. 2,00,000.
Add-on Fee (per annum) NIL
For information regarding fees and other applicable charges Late payment charges: Rs. 0 if outstanding amount is up to Rs. 500, Rs. 400 if outstanding amount is between Rs. 501 to Rs. 1000, Rs. 750 if outstanding amount is between Rs. 1001 to Rs. 10000, Rs. 950 if outstanding amount is between Rs. 10001 to Rs. 25000, Rs. 1100 if o

SBI CASHBACK Rewards

  1. 5% Cashback: On all online spends without any merchant restrictions.
  2. 1% Cashback: On all offline spends.
  3. Capping: Cardholders can earn a maximum cashback of Rs. 5,000 in every monthly statement cycle.

Documents and Eligibility

Documents

  • Proof of Identity:
  • PAN Card
  • Aadhaar Card
  • Passport
  • Driving License
  • Voter’s ID Card or Any other government approved photo ID
  • Proof of Address:
  • Aadhaar Card
  • Passport
  • Utility bills (not more than 3 months old) or Any other government approved address proof
  • Proof of Income:
  • Bank statement for the last 3 months
  • Salary slips for the last 3 months
  • Audited financials for the last two years (for self-employed) or Form 16

Eligibility

  • Primary cardholder should be between 18 to 70 years of age
  • Application should be a resident India