Cashback SBI Card

SBI Card · ₹999 a year · fee waived on ₹2,00,000 of annual spend

A simple 5% on online spending, full value up to ₹40,000 a month online.

Base rate: 1% cashback.

What the bank says

• 5% cashback on online spends, up to ₹2,000 a month
• 1% cashback on offline spends, up to ₹2,000 a month
• Cashback is credited to your card account within two working days of the next statement
• Renewal fee reversed on annual spends of ₹2 lakh

Where it pays more

• 5% on online spends, up to ₹2,000 cashback a month

Things that catch people out

• From 1 April 2026, SBI Card caps cashback at ₹2,000 a month on online spends and ₹2,000 on offline spends.
• No cashback on utilities, insurance, fuel, rent, wallets, education, jewellery, railways, gaming, tolls, government payments or EMI purchases.

Joining fee: ₹999. Foreign currency markup: 1.99%.

Read from SBI Card’s own page on 2026-09-16.

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