SBI Cash Back Credit Card: Top Features & How to Apply

The SBI Cash Back Credit Card is designed for everyday spending, helping cardholders earn cash back on all purchases. It is ideal for those who want simple rewards without complex redemption processes.

Key Takeaways:

• With the SBI Cash Back Credit Card, earn 5% cashback on your online purchases, helping you save on shopping, dining, and entertainment platforms.
   
• Enjoy 1% cashback on all other spends, including grocery, utility bills, and everyday transactions.
   
• Benefit from a fuel surcharge waiver at petrol pumps, making every trip more economical and convenient.

This card makes everyday spending more rewarding. With attractive cash back rates on online shopping and all other transactions, it helps cardholders save while they spend. The fuel surcharge waiver adds extra convenience for regular drivers.

Key Features of SBI Cash Back Credit Card

The card is designed for convenience and rewards. Here are the main features:

• Cashback on Online Shopping: With the SBI Cash Back Credit Card, earn 5% cashback on all online transactions, making it perfect for frequent online shoppers.
   
• Cashback on All Other Spends: Get 1% cashback on retail and other everyday transactions.
   
• Fuel Surcharge Waiver: Enjoy a waiver of up to 1% on fuel purchases at petrol pumps across India.
   
• Lifetime Free Card: There are no annual fees, so you can use your SBI Cash Back Credit Card without worrying about extra charges.
   
• Easy Redemption: Cashback is automatically credited to your account, simplifying the reward process.

These features make it a versatile credit card for everyday use, whether you’re shopping online, refuelling your vehicle, or paying bills.

How to Apply for an SBI Cash Back Credit Card?

Applying for the SBI Cash Back Credit Card is simple:

1. Visit the official SBI Cards website.
    
2. Navigate to the Credit Cards section and select Cash Back Credit Card.
    
3. Click Apply Now and fill in your personal, financial, and contact details.
    
4. Upload required documents like identity proof, address proof, and income proof.
    
5. Submit the application and wait for verification. Once approved, your card will be delivered within a few working days.

You can also apply offline by visiting any SBI branch and filling out the application form.

Eligibility Criteria of the SBI Cash Back Credit Card

To apply for the SBI Cash Back Credit Card, you must meet the following conditions:

• Age: 21 to 65 years.
   
• Income: Minimum monthly income of ₹20,000 for salaried individuals and ₹2.5 lakh annual income for self-employed applicants.
   
• Credit Score: A good credit score is preferred.
   
• Documents Required: Identity proof, address proof, and income proof.

Meeting these criteria ensures a smooth approval process.

Benefits of the SBI Cash Back Credit Card

The SBI Cash Back Credit Card offers multiple benefits beyond cashback:

• Cashback Rewards
  The SBI Cash Back Credit Card gives 5% cashback on online purchases and 1% cashback on other spends, helping users save on both digital and offline transactions.
   
• Fuel Surcharge Waiver
  Enjoy a waiver of up to 1% on fuel purchases, reducing monthly expenditure on petrol or diesel, especially for regular drivers.
   
• Lifetime Free Card
  With the SBI Cash Back Credit Card, there are no annual fees, so you can enjoy all cashback benefits without extra costs.
   
• EMI Facility
  Convert high-value purchases into easy EMIs to manage large expenses without affecting cash flow.
   
• Contactless Payments
  Make faster and safer payments with contactless transaction support.
   
• Secure Transactions
  SBI ensures secure online and offline transactions through advanced security features like OTP verification.

How Cashback is Calculated and Credited
 

• Online Transactions: 5% cashback is calculated on the total value of online purchases each month.
   
• Offline Transactions: 1% cashback applies to all other retail spends.
   
• Credit to Account: Cashback is automatically credited to your account at the end of the billing cycle.

The straightforward cashback system makes this card simple to use and rewarding through the SBI Cashback credit card.

Bonus Tip: Register your billers under Auto Bill Pay on the SBI Cash Back Credit Card portal to pay subscriptions and utilities automatically, earn cashback, and avoid late fees.

Advantages for Everyday Users of the SBI Cash Back Credit Card

The SBI Cash Back Credit Card is ideal for:

• Online Shoppers: Frequent e-commerce buyers benefit from the 5% cashback.
   
• Drivers: Fuel surcharge waiver reduces petrol and diesel costs.
   
• Young Professionals: Lifetime free card and EMI options make it perfect for managing expenses.
   
• Budget-conscious Individuals: Cashback on all purchases adds up to significant savings over time.

Tips for Maximising Benefits with the SBI CashBack Credit Card
 

1. Use the Card for Online Purchases: Always use it for e-commerce transactions to earn 5% cashback.
    
2. Pay Bills via Card: Utility bills and subscriptions also contribute to cashback rewards.
    
3. Track Cashback: Check monthly statements to monitor earned cashback.

Bonus Tip: Timely payment avoids interest charges and protects your credit score.

Pros and Cons of the SBI Cash Back Credit Card

Pros:

• Simple cashback rewards.
   
• Fuel surcharge waiver.
   
• Lifetime free card.
   
• Easy online application.

Cons:

• Cashback is capped monthly for certain categories.
   
• Not ideal for very high spenders seeking premium rewards.

Conclusion

The SBI Cash Back Credit Card is a great choice for everyday users. With attractive cashback rates, a lifetime free card, and added benefits like fuel surcharge waiver and EMI options, it helps users save money while spending. Its simplicity, security, and easy redemption make it one of the most convenient credit cards for Indians today. Whether shopping online or paying offline, this card turns everyday spending into savings.

FAQs

1. What is the cashback rate on the SBI Cash Back Credit Card?
You get 5% cashback on online purchases and 1% on all other spends.

2. Is there an annual fee for the card?
No, it is a lifetime free credit card.

3. Can I use the card for fuel payments?
Yes, you get a 1% fuel surcharge waiver at petrol pumps.

4. How is cashback credited?
Cashback is automatically added to your account at the end of each billing cycle.

5. Who is eligible to apply for the card?
Applicants must be 21–65 years old, meet minimum income requirements, and have valid identity and address proofs.

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About the Author

LoansJagat Team

‘Simplify Finance for Everyone.’ This is the common goal of our team, as we try to explain any topic with relatable examples. From personal to business finance, managing EMIs to becoming debt-free, we do extensive research on each and every parameter, so you don’t have to. Scroll up and have a look at what 15+ years of experience in the BFSI sector looks like.