SBI Cashback Credit Card Review

If earning cashback with every transaction sounds beneficial to you, then you would love the cashback sbi credit card. It is a very unique credit card designed specifically to compliment your spending habit with exclusive cashbacks. It also lets you enjoy free access to airport lounges, exclusive waivers on fuel surcharges, and lots more. A detailed description of the cashback sbi credit card benefits and charges is discussed below.

Who can apply for the Cashback SBI credit card?

• Resident Type: Indian
• For salaried person:
  • sbi credit card age limit: 21 to 60 years.
  • sbi cards salary requirement: Above Rs.30,000 monthly.
• For self-employed people:
  • age limit for sbi credit card: 21 to 65 years
  • sbi cards salary requirement: Above Rs.40,000 monthly.
• A credit score of 720+ is required to apply for this sbi card.

What documents are required to apply for a sbi credit card?

• Photocopy of Address proof (any 1)
  • Aadhar Card
  • Driving License
  • Passport
  • Utility bills
• Photocopy of ID Proof (any 1)
  • Aadhar card
  • Voter Card
  • Passport
  • PAN Card
• Two recent passport-sized photographs
• Proof of income statement:
  • Salaried Person (any 1)
    • Salary Slip of last 3 months
    • ITR
  • Self-employed person
    • Income tax return of the last year
    • Proof of business

What are the Cashback sbi credit card fees?

• SBI bank card joining fee:None.
• SBI card annual fee: Rs.999 + GST (From the second year onwards)

What are the Cashback sbi card benefits?

• Add more value to your transactions:

Every transaction made using this SBI cashback credit card can earn you assured cashbacks.

Category of transaction	Cashback
SBI online credit card transaction	5% cashback
Offline transaction and utility bill payments	1% cashback

This sbi card cashback offer is not applicable on wallet top up, EMI conversion, rent payment, fuel purchase, cash withdrawal, balance transfers, etc.

• Add comfort to your travel:

This sbi credit card features 4 free yearly access (upto 1 visit per quarter) to most of the leading domestic airport lounges.

• Get freedom from fuel surcharges:

This sbi card features a 1% waiver on fuel surcharges across all fuel stations in India. The transaction amount should be between Rs.500 to Rs.3,000 and you can earn upto Rs.100 waiver in a sbi credit card statement cycle.

• Get a complete sbi credit card annual fee waiver:

On spending Rs.2 lakh within a year, you can get a complete waiver on your next year’s sbi card fees. So if you want to make your sbi card lifetime free, then you just have to keep spending Rs.2 lakh per year.

• Enjoy the convenience of contactless technology:

This sbi card is equipped with advanced contactless technology, this feature allows you to make payments just by placing your card over any contactless-enabled POS machine. You can control the contactless payment option from your sbi card mobile app.

What are the cashback sbi credit card charges?

Particulars	Chargeable amount
SBI credit card withdrawal charges	2.5% against the withdrawn amount, min Rs.500 (check your credit card cash withdrawal limit before making a withdrawal)
SBI bank cards finance charge	The interest rate of sbi card can go upto 3.5% monthly (applicable if your sbi credit card bill is not paid in time)
SBI credit card international transaction charges	3.5% against the transaction amount
SBI add on credit card fee	None

How to contact the sbi credit card customer care service department?

• Call the sbi credit card customer care helpline no: 1860-180-1290 or 022-3902-0202 or 1860-180-7777
• Write to the sbi credit card customer support mail id: customercare@sbicard.com

100xGain Ratings:

7/10

Pros and cons of the sbi cashback card:

Pros	Cons
You can earn assured cashback with every transaction. This state bank card offers you free access to airport lounges.	You will not get any entertainment benefits from this sbi bank credit card.

Final Opinion:

If you want to earn some savings from your online expenses, then the Cashback SBI Credit Card Would be a great option for you. This card offers upto 5% cashback on online transactions, free access to airport lounges, assured waiver on fuel surcharges, which are more than enough at this cost. Also, if you are not satisfied with the benefits, then I would suggest you take a look at our best cashback cards page. 

Alternative Cards: 

1. Axis bank ace credit card (Best for cashback and lounge benefits)
2. Best Price Save Smart Credit Card (Best for cashback benefits)
3. HSBC Cash-Back Credit Card (Best for cashback benefits)

FAQs on SBI Credit Card:

• How to redeem cashback in sbi credit card?

You don’t need to do anything to redeem your cashbacks, the cashback amount will be directly credited to your account.

• How to get cashback on sbi debit card?

You just have to perform regular transactions using your SBI card (transactions that are eligible for cashback) and the cashback amount will be automatically credited to your account.

• How to check cashback in sbi credit card?

You can check the status of your earned cashback from your net banking account, or from your SBI credit card mobile app.

• How to apply SBI student credit card?

To apply for this credit card, you must bring all the necessary documents to your nearest SBI branch. This credit card is available to those who have obtained an education loan from their bank.

• What is the interest rate for SBI credit card cash withdrawal?

Typically it is around 3.5% monthly.

• Are cash back cards a good idea?

A cashback credit card can be a good choice if you pay off your credit card bill in full every month. It’s because you’re getting rewarded for spending money you’d spend anyway.

• What is the benefit of cash back?

In comparison with other credit card benefits like rewards, cashback is the best credit card benefit. They don’t require redemption and you won’t have to pay any redemption fees.