Visa

CASHBACK SBI Card

A straightforward cashback card offering 5% cashback on eligible online spends and 1% on eligible offline spends, subject to statement-cycle caps and exclusions.

5% RETAIL · 1% Fuel · ₹999 annual fee

Last verified: 9 Sept 2026. We verify rewards, fees and key terms against issuer sources — terms can change, so confirm current details with the issuer before applying.

Card overview

Card typeCASHBACK

NetworkVisa

StatusACTIVE

Slugcashback-sbi-card

The key decode

The 5% headline rate isn't unlimited — it's capped at ₹2,000 per month. Fuel carry its own cap too.

Rewards

5%
Cashback
RETAIL
₹2,000 / statement cycle cap · ₹100 minimum transaction
ONLINE
5% cashback applies to eligible online transactions. Cashback is subject to the applicable exclusions and the ₹2,000 online cashback cap per statement cycle.
—
Cashback
RETAIL
₹2,000 / statement cycle cap · ₹100 minimum transaction
OFFLINE
1% cashback applies to eligible offline/POS transactions. Cashback is subject to the applicable exclusions and the ₹2,000 offline cashback cap per statement cycle.
1%
Cashback
Fuel
₹100 / statement cycle cap · ₹500 minimum transaction · ₹3,000 maximum transaction
OFFLINE
1% fuel surcharge waiver applies on eligible fuel transactions between ₹500 and ₹3,000, capped at ₹100 per statement cycle per card account.

Fees

JOINING₹999

₹999 + applicable taxes.

ANNUAL₹999

₹999 + applicable taxes.

Waiver: Annual spends of ₹2,00,000 or more in the preceding year

ADD ONNil

No add-on card fee.

What doesn't earn rewards

Fuel — Fuel transactions do not earn cashback. Eligible fuel transactions may receive the separate 1% fuel surcharge waiver.
Utilities & Insurance — Utility and insurance payments are excluded from cashback.
Rent — Rent payments do not earn cashback.
Wallet Loading — Wallet loading transactions do not earn cashback.
Education — Education payments do not earn cashback.
Jewellery — Jewellery purchases do not earn cashback.
Government, Gaming & Toll — Government payments, digital gaming transactions and toll payments do not earn cashback.
EMI, Cash & Financial Transactions — Merchant EMI/Flexipay, cash advances, ATM withdrawals, balance transfers, financial charges and other cash/financial transactions do not earn cashback.

Don't just look at the reward rate — look at where the card refuses to pay.

Benefits

Automatic Cashback Credit — Eligible cashback is automatically credited within 2 working days of statement generation.
1% Fuel Surcharge Waiver — 1% fuel surcharge waiver on eligible fuel transactions of ₹500–₹3,000, capped at ₹100 per statement cycle per card account.

Eligibility

Salaried / self-employed

Age21+ up to 60

ResidencyIndian Resident

Eligibility is subject to SBI Card's internal credit assessment and approval criteria. Applicants must be at least 21 years old.

DecodeCard verdict

8.5/10

Best forHigh online spenders who want straightforward cashback without having to optimize specific merchants or reward categories.

Why we like it

5% cashback on eligible online spending
1% cashback on eligible offline spending
No merchant restriction for the online cashback rate
₹4,000 maximum cashback per statement cycle
₹2 lakh annual spend can waive the renewal fee
Simple cashback structure with automatic statement credit

Watch out

Online cashback is capped at ₹2,000 per statement cycle
Offline cashback is capped at ₹2,000 per statement cycle
Many everyday categories are excluded
Fuel does not earn cashback
The ₹999 annual fee matters if you don't reach the waiver threshold
Cashback value can be much lower than the headline 5% if a large portion of spending falls into excluded categories

Read our full analysis

A simple cashback card built around 5% on eligible online spending and 1% on eligible offline spending. The headline rates are strong, but the ₹2,000 cap on each bucket and extensive exclusions determine the card's real value.

The key DecodeCard insight is that 5% does not mean 5% on everything. The card works best when a large share of spending is eligible online retail spending. The ₹2,000 online cashback cap is reached at ₹40,000 of eligible online spend in a statement cycle. The ₹2,000 offline cap is reached at ₹2,00,000 of eligible offline spend. Unlike merchant-specific cashback cards, the online rate does not require shopping at a particular merchant. The bigger limitation is therefore the statement-cycle cap and excluded categories rather than merchant selection. This makes CASHBACK SBI Card a useful baseline card for comparing other cashback cards.