CashbackShopping

SBI Card Cashback Credit Card Review

SBI Card Cashback is best for online shoppers spending up to ₹40,000 a month online. 5% cashback on almost all online spends, with no merchant restrictions.

Annual fee₹999 + GST

Fee waiver₹2,00,000 / year

Top reward rate5%

Forex markup3.5%

NetworkVisa

Min. incomeNot published

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Pros

5% cashback on almost all online spends, with no merchant restrictions
1% cashback on offline spends
Cashback is auto-credited to your statement
Annual fee waived on ₹2 lakh yearly spend

Cons

Online cashback cap cut from ₹5,000 to ₹2,000 a month in 2026
No cashback on rent, fuel, wallet loads, utilities, gaming, tolls and government payments
No airport lounge access
3.5% forex markup

Reward rate by category

Effective value back per ₹100 spent. Flat cashback credited to the statement. No points to convert.

Amazon5%

Flipkart5%

Other online shopping5%

Food delivery5%

Dining out1%

Groceries1%

Flights & hotels5%

Fuel0%

Bills & recharges0%

Everything else1%

Caps, tiers & milestones

5% online cashback capped at ₹2,000 per statement (since April 2026)
1% offline cashback capped at ₹2,000 per statement

How much could you earn?

Estimated yearly value after fees and caps for typical spending patterns.

Balanced spender ₹3,96,000/yr spend	₹9,960
Online shopper ₹3,90,000/yr spend	₹15,180
Frequent traveller ₹8,04,000/yr spend	₹18,804
Family & groceries ₹5,88,000/yr spend	₹10,320

Use my own spends

Lounge access

None

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SBI Card Cashback FAQs

What is the annual fee of the SBI Card Cashback credit card?

The SBI Card Cashback credit card has a joining fee of ₹999 and an annual fee of ₹999, plus 18% GST. The annual fee is waived if you spend ₹2,00,000 or more in a card year.

Is SBI Card Cashback a good credit card?

The SBI Card Cashback card is best for: online shoppers spending up to ₹40,000 a month online. Its main strengths are: 5% cashback on almost all online spends, with no merchant restrictions; 1% cashback on offline spends. Its main drawback: online cashback cap cut from ₹5,000 to ₹2,000 a month in 2026.

What is the forex markup on SBI Card Cashback?

The SBI Card Cashback card charges a 3.5% forex markup on international transactions, plus 18% GST on the markup.

Does SBI Card Cashback offer airport lounge access?

No, the SBI Card Cashback card does not offer complimentary airport lounge access.

✓ Details verified 26 September 2026Minimum income: not published by the bank. Sources: CredSutra 2026 devaluation tracker (cites SBI Card notice) · SBI Card. Banks change terms often, so confirm on the SBI Card website before applying.