The SBI Cashback Credit Card is one of India’s most popular cashback credit cards — and for good reason.
It offers a flat cashback on every online purchase, has no confusing reward systems, and provides simple value for everyday users.
In this 2025 review, we’ll break down all its features, benefits, and drawbacks to help you decide if it’s worth applying for.
🏦 SBI Cashback Credit Card — At a Glance
| Feature | Details |
|---|---|
| Annual Fee | ₹999 + GST (waived on ₹2 lakh annual spend) |
| Reward Type | Direct Cashback |
| Cashback Rate | 5% on online spends, 1% on others |
| Best For | Online shoppers |
| Welcome Benefit | ₹500 cashback (limited offers) |
| Network | Visa / RuPay |
| Issued By | SBI Card |
💰 Key Benefits of the SBI Cashback Credit Card
🛒 1. Flat 5% Cashback on Online Spends
- 5% cashback on online transactions made through e-commerce sites and apps.
- 1% cashback on all offline and utility spends.
- No reward points or redemption — cashback is automatically credited to your card account.
💡 Perfect for Amazon, Flipkart, Swiggy, Zomato, and OTT subscriptions.
💳 2. Automatic Cashback Credit
- Cashback automatically reflects in the next billing cycle — no redemption required.
- Minimum ₹100 cashback needed for crediting.
- Works on all major payment gateways except wallet top-ups.
✅ Simple, transparent system with no hidden conditions.
🏠 3. Annual Fee Waiver
- Joining fee: ₹999 + GST.
- Waived on annual spends of ₹2 lakh.
- Renewal fee also waived if annual spend crosses ₹2 lakh again.
💡 For anyone spending ₹17,000/month online, this card effectively becomes lifetime free.
🚫 4. Cashback Exclusions
Certain spends don’t earn cashback, including:
- Wallet loads (Paytm, PhonePe, etc.)
- EMIs on SBI Card transactions
- Rent payments and government payments
➡️ Keep this in mind if you use your card for rent or bill-pay apps.
🧾 Fees & Charges
| Type | Amount |
|---|---|
| Joining / Renewal Fee | ₹999 + GST |
| Finance Charges | 3.5% per month (42% p.a.) |
| Late Payment Fee | ₹400–₹1,300 depending on balance |
| Foreign Transaction Fee | 3.5% |
| Cash Advance Fee | 2.5% (min ₹500) |
👍 Pros and Cons
| ✅ Pros | ❌ Cons |
|---|---|
| 5% cashback on all online spends | No lounge access |
| Simple & automatic cashback system | ₹999 annual fee (waiver threshold) |
| Fast approval, widely accepted | No fuel surcharge waiver |
| Great for e-commerce and digital users | 3.5% forex markup on international spends |
💡 Who Should Apply
This card is best for:
- Regular online shoppers (Flipkart, Amazon, Swiggy, Zomato).
- Salaried professionals with steady online spending habits.
- Users who prefer cashback over reward points.
If you travel frequently or want airport perks, consider HDFC Regalia Gold or Axis Magnus instead.
🏁 Final Verdict
The SBI Cashback Credit Card is one of the most straightforward and rewarding cards for 2025.
If your monthly online spend is ₹15,000–₹20,000+, you can easily earn ₹500–₹1,000 cashback per month — making it a great return on daily expenses.
👉 Best Alternative: ICICI Amazon Pay Credit Card (Lifetime free + 5% cashback on Amazon).