SBI CashBack Card Review 2026
Last reviewed:
Quick verdict
One of the few cards offering a flat 5% cashback on ALL online spends without any merchant restrictions. The cashback credits directly to your statement — no conversion or voucher hassle involved. At ₹999/year, it pays for itself with just ₹20,000 in online spending annually.
Pros
Cons
- 3.5% + GST forex markup makes it expensive abroad
- No complimentary airport lounge access
- Interest of 3.35% per month (40.20% p.a.) if you carry a balance
Key benefits
- 1% cashback on offline spends
- Direct cashback credit to statement
- No merchant restrictions for 5% cashback
- Fuel surcharge waiver up to ₹100/month
Fees & charges at a glance
| Joining Fee | ₹999 + GST |
|---|---|
| Annual Fee | ₹999 + GST |
| Rewards | 5% Cashback on ALL online spends |
| Welcome Benefit | None |
| Lounge Access | None |
| Fuel Surcharge Waiver | 1% waiver (cap ₹100/month) |
| Foreign Txn Fee | 3.5% + GST |
| Interest Rate | 3.35% per month (40.20% p.a.) |
| Credit Limit | ₹50,000 - ₹5,00,000 |
| Add-On Card Fee | ₹499 + GST |
| Min Income | ₹30,000/month |
| Network | Visa |
| Contactless | Yes |
| EMI Conversion | Yes |
Who should get this card?
The SBI CashBack Card is best suited for pure cashback. It is a premium cashback card on the Visa network, and SBI generally looks for a minimum income of ₹30,000/month. If your spending matches its reward categories (5% cashback on all online spends), the card can pay for its annual fee of ₹999 + GST. If not, a lifetime-free card may give you better net value.
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SBI CashBack Card: frequently asked questions
What is the annual fee of the SBI CashBack Card?
The SBI CashBack Card has a joining fee of ₹999 + GST and an annual fee of ₹999 + GST. Many banks waive the renewal fee when you cross a yearly spend milestone — check the latest waiver condition with SBI.
What rewards does the SBI CashBack Card give?
5% Cashback on ALL online spends. 1% cashback on offline spends. Direct cashback credit to statement.
Does the SBI CashBack Card offer airport lounge access?
No. The SBI CashBack Card does not include complimentary airport lounge access. If lounge access matters to you, look at travel cards in our best travel credit cards list.
What is the eligibility and minimum income for the SBI CashBack Card?
SBI typically requires a minimum income of ₹30,000/month for the SBI CashBack Card, along with a good credit score (750+ improves approval chances), age of 21 or above, and valid KYC documents (PAN and Aadhaar).
What is the interest rate on the SBI CashBack Card?
The SBI CashBack Card charges 3.35% per month (40.20% p.a.) on unpaid balances. Interest is avoided completely if you pay the full statement amount by the due date every month.
What is the forex markup on the SBI CashBack Card?
The foreign currency markup on the SBI CashBack Card is 3.5% + GST. Cards with a 2% or lower markup are better for frequent international travel and foreign-currency online shopping.
Can I link the SBI CashBack Card to UPI?
No. The SBI CashBack Card runs on the Visa network. Only RuPay credit cards can be linked to UPI in India at present.
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