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Card Details

2458 7085 2771 3621

Cashback SBI Credit Card

SBIVISA

Monzy Score

5/ 10

Very good for online shoppers.

Strong ~5% back in its core category; but high 3.5% forex markup.

Card Issuer

SBI Card

Joining Fee

₹999

Annual Fee

₹999

Reward Type

Cashback

Card Access

Standard

Latest Update

Card has been significantly devalued after April 2026. Now total cashback is limited to 4000/statement cycle, combined.

Offers from SBI Card

See all

Earn Points

5%

Cashback on eligible online spends (₹2,000 cap per cycle)

1%

Cashback on eligible offline spends (₹2,000 cap per cycle)

Benefits

Shopping

5% online cashback up to ₹2,000 per cycle

  • Practical cashback card for online and offline spends
  • 5% cashback on online spends
  • Total cashback capped at ₹4,000 per statement cycle
  • Fuel, rent, wallets, utilities, government and other listed categories earn no cashback
Protection

₹999 fee waived after ₹2 lakh annual spends

  • Spend-based annual fee waiver
  • Renewal fee waived on ₹2 lakh annual spends
  • No introductory waiver unless spend target met

Reward Calculator

NOTE: Enter your monthly spends to see
projected returns.

Excluded: fuel, utility, insurance, rent, wallet, education, jewellery, railways, emi, digital gaming, tolls, government

Min: ₹5,000Max: ₹2,00,000

Estimated Returns

Online spends

5% on online spends, capped Rs.2,000/statement cycle (revised from Apr 2026). No merchant restriction; exclusions apply.

₹1,500

Offline / other spends

1% on offline spends, capped Rs.2,000/statement cycle. Overall cashback capped Rs.4,000/cycle.

₹0

Total Annual Return

₹18,000

5% Effective ROI

What Users Are Saying

Community Feed

Mar 2026

Cashback SBINEUTRAL

“RIP SBI Cashback credit card”

by r/CreditCardsIndia, Mar 2026

Cashback SBINEUTRAL

“What's the real downside of SBI Cashback card that”

by r/IndianCreditCards, Feb 2026

Cashback SBINEUTRAL

“Confused About 5% Cashback on SBI Cashback Card”

by r/CreditCardsIndia, Jul 2025

Cashback SBINEUTRAL

“SBI launched new cashback card with 5%”

by r/IndiaInvestments, Jul 2023

Cashback SBINEUTRAL

“Everyone Loves the SBI Cashback Card, But Here's Why I”

by r/CreditCardsIndia, Jul 2025

Frequently Asked Questions

The Cashback SBI Credit Card charges ₹999 plus GST as a joining fee and the same ₹999 again at renewal. SBI Card waives the renewal fee if you spend ₹2L in the previous year, which is about ₹16,667 a month. If your card spend sits below that, treat ₹999 as a real yearly cost that your rewards have to clear first.

Things to Keep in Mind

Cashback not applicable on fuel, rent, wallets, school/education, insurance, utilities, railways, government, tolls, jewellery, digital gaming, quasi-cash and similar excluded categories.

Fixed caps on cashback earned per statement cycle

Online/offline cashbacks have non clubbed caps per cycle

For more details of recent devaluations, please check this blog about what changed with SBI Cashback Credit Card