Cashback SBI Card review
Still one of the simplest high-value cards for anyone who spends up to about ₹40,000 a month online, since 5% applies almost everywhere. Heavy spenders will hit the new ₹2,000 online cap quickly, and anyone wanting bill-payment rewards, lounges or travel perks should look elsewhere.
Fees
₹999 a year + GST. Renewal fee reversed if you spent ₹2 lakh or more in the previous card year. Forex markup 3.5%.
Rewards
Cashback is credited to the card account automatically within two working days after the next statement
- Online shopping: 5% – 5% on online spends at any merchant; all online cashback shares one ₹2,000 cap per statement cycle
- Amazon: 5% – Counts as online spend; shares the ₹2,000 online cap
- Flipkart: 5% – Counts as online spend; shares the ₹2,000 online cap
- Swiggy & Zomato: 5% – Swiggy and Zomato orders count as online spend; shares the ₹2,000 online cap
- Groceries: 1% – 1% in store; orders placed online through apps like Blinkit, Zepto or BigBasket count as online spend and earn 5%
- Fuel: 0%
- Flights & hotels: 5% – Flights and hotels booked online earn 5% within the shared online cap; railway bookings earn nothing
- Bills: 0%
- Rent: 0%
- Insurance: 0%
- Education: 0%
- UPI with a credit card: 0% – Issued only on Visa, so it cannot be used for UPI payments
- Other in-store: 1% – 1% on in-store card payments, capped at ₹2,000 per statement cycle
- Everything else: 1%
On a typical spending pattern this card gives back about ₹10,800 a year.
What’s good
- 5% cashback on online spending at almost any merchant, not just partner sites
- 1% cashback on in-store spending
- Cashback lands as a statement credit automatically, with nothing to redeem
- Fee reversed at ₹2 lakh of yearly spend
What’s not
- Since 1 April 2026, online cashback stops at ₹2,000 per statement (about ₹40,000 of online spend) and total cashback at ₹4,000
- Long exclusion list: bills, insurance, fuel, rent, education, wallets, jewellery, railways, gaming, tolls and government payments earn nothing
- No lounge access and a 3.5% forex markup
- Visa only, so no UPI rewards
Lounge access
Domestic: None (removed in 2023). International: None.