By: Our Money Guide || Last updated on: November 7, 2025
The SBI Cashback Credit Card is one of the best online shopping credit cards in India, offering an impressive 5% cashback on online purchases. If you're comfortable shopping online, this card can reward you on almost all your purchases, making it a top choice among cashback credit cards. It also has a generous monthly cashback limit, helping you earn more on a larger share of your purchases.
If you are a moderate spender, you should be able to achieve the yearly card spending requirements for annual fee waivers.
SBI Cashback Credit Card's redemption process is very straightforward - the cashback amount is simply paid into your credit card statement, eliminating complex reward point systems that other cards often use.
Quick Summary
SBI Cashback Card Benefits
- 5% cashback on online purchases
- 1% cashback on all other card spends
- Monthly cashback limit: ₹5,000 per month
- Important exclusions: Rent, fuel, utilities, insurance, wallet loads, educational services, jewelry, railways, EMI, standing instructions, cash advances, balance transfer
- Fuel surcharge waiver, up to ₹100 per month
- No airport lounge access benefit
Charges
- Annual fee: ₹999, waived if you spend ₹2 lakh or more in the previous year
- Foreign currency fee on international card transactions: 3.50% of the transaction value
Let us review this popular card in detail - pros & cons, benefits, charges, eligibility requirements, and application process.
Detailed Review -
Pros & Cons of Cashback SBI Credit Card
Pros
Strong online rewards program
- 5% cashback on online purchases with minimal exclusions
- ₹5,000 monthly cashback limit (higher than most competitors)
- Annual fee waived at ₹2 lakh spending (reasonable given the high earning potential)
Ideal for digital-savvy consumers
- Perfect for those who primarily shop online
- Simple, transparent cashback structure
- No complex redemption or point conversion required
Cons
Limited offline value
- Only 1% cashback on in-store purchases
- Not suitable for cash/offline-heavy spenders
Missing features
- No current welcome bonus or sign-up offer
- Premium benefits not available (like airport lounge access)
Features & Benefits of the Cashback SBI Credit Card
The SBI Cashback Credit Card is one of the best SBI Credit Cards available today. Let's review the benefits of this cashback credit card in more detail.
Excellent Cashback Rewards (5% on Online Purchases)
Earning Cashback Rewards
- ₹5 cashback per ₹100 spent on online purchases (5%)
- ₹1 cashback per ₹100 spent on other card purchases (1%)
For example, if you make a purchase of ₹1,000 on Amazon using your SBI Cashback Card, you'll get cashback of ₹50. However, if you make a purchase of ₹1,000 in a restaurant, you'll get cashback of ₹10.
Monthly Cashback Limit
- ₹5,000 per monthly card statement cycle.
- This means if you spend only within the 5% cashback category, you can earn maximum rewards on online purchases up to ₹1 lakh per month. This is very generous limit compared to most cashback credit cards in the market.
Important exclusions (No Cashback Categories)
No cashback is given on the following payments & spends:
- Rent/property management, fuel purchases, utility bills, insurance payments
- Wallet loads, school & educational services, jewelry purchases, railway bookings
- EMI transactions, Encash & flexipay, standing instructions, cash advances, balance transfer
- Non-customer-initiated spending like annual fees, late fees, and other fees & charges
- Disputed transactions, returns, refunds & cancellations
The cashback earned gets automatically paid to your credit card statement.
For a complete list of terms and conditions regarding the SBI Cashback Credit Card, please click here
Fuel Surcharge Waiver
This card provides a 1% fuel surcharge waiver at all fuel stations across India, subject to the following conditions:
- Only on fuel transactions between ₹500 and ₹3,000
- Monthly waiver limit: ₹100
SBI Cashback Credit Card Vs Competitors
- If you want a lifetime free cashback credit card with great online shopping rewards, you can consider the Amazon ICICI Pay Credit Card. However you will be restricted to the Amazon ecosytem to earn rewards.
- If you want a cashback card with lower annual fee, and a good combination of online shopping rewards along with dining rewards, you can consider the Swiggy HDFC Bank Credit Card. However, the card has lower monthly cashback limits.
Let us compare these cards in details below -
| Card Name | Annual Fee | Benefits |
|---|---|---|
|
Minimum Income
Not specified |
Annual Fee - ₹ 999
|
Special Benefits
|
|
Amazon Pay ICICI Bank Credit Card Minimum IncomeSalaried : ₹20,000 per month || Self-employed : ₹3,60,000 per year |
Annual Fee - ₹ 0
|
Special Benefits
|
|
Minimum Income
Salaried : ₹15,000 per month || Self-employed : ₹6 lakhs per year |
Annual Fee - ₹ 500
|
Special Benefits
|
Conclusion
The SBI Cashback Credit Card is a great card for those who are comfortable with online spending. It's also one of the best cashback credit cards in India today. This card stands out for its broad online shopping coverage, making it the best cashback card for users who shop across multiple online platforms rather than being restricted to specific merchants.
Consumers with higher monthly income (typically above ₹1 lakh) should consider premium credit cards, which can offer better rewards and benefits.
Based on your individual preferences and spending patterns, you can choose a suitable card for yourself. If you're someone who frequently shops online and can maximize the monthly cashback limits, this card proves to be an excellent choice. However, if you prefer offline shopping or need specific merchant category benefits, you might want to consider the alternatives.
How Our Money Guide Works
- Wide Range of Credit Cards: Our Money Guide brings together a wide range of credit cards from the industry. This helps you choose from a wider bucket and make informed decisions.
- Quick & Easy Comparison: Our Money Guide makes it easy to compare credit cards on the most important parameters like fees, benefits, eligibility, and annual fee-related offers.
- Expert Insights: Our Money Guide's team has deep experience in consumer finance. This helps you get honest reviews and trusted information on the most important decision-making parameters, helping you choose better.
- Simplified Application Process: Our Money Guide website pages contain Apply Now buttons at relevant spots, which help you apply easily from the comfort of your home or office.
Frequently Asked Questions
The SBI Cashback Credit Card is one of the best cashback credit cards in India, offering 5% cashback on all online purchases and 1% cashback on other spending. It's designed for digital shoppers who want maximum rewards on their online transactions.
Yes, the SBI Cashback Credit Card is worth it if you frequently shop online. With 5% cashback on online purchases and a reasonable annual fee waiver threshold of ₹2 lakhs, it delivers excellent value for digital shoppers.
The card works on a simple cashback system - you earn ₹5 cashback for every ₹100 spent online and ₹1 cashback for every ₹100 spent offline. The cashback is automatically credited to your statement within 2 days of statement generation.
The SBI Cashback Credit Card offers:
- 5% cashback on all online purchases
- 1% cashback on all other card purchases
- Maximum cashback limit of ₹5,000 per month
The maximum cashback you can earn is ₹5,000 per monthly statement cycle. This means you can earn maximum rewards on online purchases up to ₹1 lakh per month.
Cashback is not earned on:
- Rent/property management payments
- Fuel purchases
- Utility bills
- Insurance payments
- Wallet loads
- School & educational services
- Jewelry purchases
- Railway bookings
- EMI transactions
- Standing instructions
- Cash advances and balance transfers
Cashback is automatically credited to your credit card statement within 2 days of statement generation. There's no complex redemption process - the cashback amount directly reduces your outstanding balance.
Yes, the SBI Cashback Credit Card gives 5% cashback on Amazon purchases as they qualify as online transactions, subject to the monthly cashback limit of ₹5,000.
Yes, Flipkart purchases earn 5% cashback with the SBI Cashback Credit Card as they are considered online transactions, subject to monthly limits and exclusions.
The annual fee is ₹999, but it's waived if you spend ₹2 lakhs or more on your card in the previous year. This makes it essentially free for regular users.
No, the SBI Cashback Credit Card is not lifetime free. However, the ₹999 annual fee is waived if you spend ₹2 lakhs or more in the previous year.
The card charges 3.50% of the transaction value as foreign currency markup fee on international transactions.
No, the SBI Cashback Credit Card does not offer airport lounge access benefits. It focuses primarily on cashback rewards.
SBI Cashback Credit Card is better if you shop across multiple online platforms, offering 5% cashback everywhere online. Amazon Pay ICICI is better if you primarily shop on Amazon and prefer a lifetime-free card.
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