Want a credit card that actually gives you money back when you shop? The SBI Cashback Credit Card is one of the smartest choices you can make. It’s become hugely popular because it offers real cashback on everything from your groceries to your Netflix subscription.
In this guide, I’ll show you exactly how to get this cardโstep by stepโwhether you’re already an SBI customer or brand new to the bank.
SBI Cashback Credit Card: Key Highlights
| Suitability | Online Shopping |
| Joining Fee | Rs 999 |
| Benefits | Cashback Rewards such as 5% cashback on online spending |
Features and Benefits of SBI Cashback Card
The following are the features and advantages of this card-
| Cashback | With no merchant restrictions, earn 5% cashback on all online purchases |
| Renewal Fee Waiver | You will be required to pay an annual/renewal fee of Rs.999, which will be waived if you spend Rs.2 lakh in the previous year |
| Fuel Surcharge Waiver | On transactions ranging from Rs.500 to Rs.3,000, enjoy a 1% fuel surcharge waiver across all petrol pumps in India. A billing cycle’s maximum surcharge waiver is Rs.100 |
| Worldwide Acceptance | It is accepted in over 24 million locations worldwide, including 3.25 lakh in India. |
| Offline Payments Benefits | Get 1% cash back on offline purchases and utility bill payments. Rent payments, merchant EMIs, balance transfers, flexipay, wallet loads, encash, and cash advances are not eligible for cashback |
| Easy Bill Pay | Pay your mobile, electricity, and other utility bills easily with the ‘Easy Bill Pay’ feature. |
| Balance Transfer on EMI | Transfer outstanding credit card debts from other banks to your credit card for repayment in EMIs at a lower interest rate. |
SBI Cashback Card Fees and Charges of Cashback SBI Card
| Joining Fees | Rs. 999 |
| Finance | 42% pa |
| Renewal Fees | Rs. 999 (Renewal Fee will be waived if annual spends for last year was more than Rs 2 lakhs) |
SBI Cashback Card Late Payment Fee
| Outstanding Balance | Late Payment Charges (Excl. GST) |
| Less than Rs 500 | Nil |
| Rs 500 to Rs 1000 | Rs 400 |
| Rs 1001 to Rs 10,000 | Rs 750 |
| Rs 10,001 to Rs 25,000 | Rs 950 |
| Rs 25,001 to Rs 50,000 | Rs 1100 |
| More than Rs 50,000 | Rs 1300 |
Eligibility Criteria for the Cashback SBI Card
A person can get this credit card as per the eligibility criteria and regulations levied by the State Bank of India.
Documents Required
The following documents will be necessary to apply-
- Driving License, Aadhar Card,ย PAN Card, voter’s Id, and other forms of identification are acceptable.
- Utility bills, Aadhar cards, driving licenses, passports, and other forms of address proof are acceptable.
- Income Proof such as the most recent three months’ bank statements, salary slips, or the most recent audited ITR.
Process to Apply for SBI Cashback Credit Card
If you want to receive this credit card, you can do so using any of the online or offline options.
To apply offline, go to your nearest SBI branch and complete an application form. But, for the online method, follow these steps-
Step 1: You will have to visit the official website or portal of the State Bank of India Bank.
Step 2: Navigate to the Credit Cards section.
Step 3: Search for and choose the SBI Cashback Card.
Step 4: Hit the ‘Apply Now’ button.
Step 5: Fill in all of the essential information and continue.
How Long Does It Take?
- Approval decision: 5-10 working days
- Card delivery: Another 7-10 days
- Total time: About 2-3 weeks from start to finish
Track Your Application
Online
- Visitย www.sbicard.com
- Click “Track Application”
- Enter your reference number and birth date
By Phone
- Call 1860 180 1290
- Give your reference number
By SMS
- Text: TRACKย <Application Number>ย to 5676791
Activate Your Card When It Arrives
You must activate before you can use it.
- Via SMS: Send “SWON ” to 9223440000
- Via Phone: Call 1860 180 1290 and follow instructions
- Via YONO App: Cards โ Activate New Card
- Via Website: www.sbicard.com โ Activate Card
Tips to Increase Your Approval Chances
- Maintain a Good Credit Score: Keep your CIBIL score above 750 by paying bills on time and keeping credit utilization below 30%.
- Accurate Information: Ensure all information in your application matches your documents exactly.
- Stable Employment: Having stable employment for at least 1 year increases approval chances.
- Existing Relationship: Being an existing SBI account holder or having other SBI credit cards can help.
- Lower Debt Obligations: Keep your debt-to-income ratio low by managing existing loans responsibly.
- Complete Documentation: Submit all required documents clearly to avoid delays.
Common Reasons for Rejection
- Low credit score (below 700)
- Insufficient income
- Too many recent credit inquiries
- Existing loan defaults or settlements
- Incomplete or incorrect documentation
- Age doesn’t meet criteria
- Unstable employment history
If your application gets rejected, wait for 3-6 months before reapplying. Use this time to improve your credit score and financial profile.
Final Thoughts
The SBI Cashback Credit Card is genuinely useful if you shop online regularly. That 5% cashback on groceries, food delivery, and online shopping adds up quickly over time.
Getting the card is straightforwardโpick whichever application method feels most comfortable, make sure you have all documents ready, and provide accurate information.
Once you have it, use it responsibly. Pay bills on time, don’t spend more than you can afford, and focus on online purchases to maximize your cashback. Used smartly, this card can actually save you money instead of costing you money.
Learn More:
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- Airtel Payment Bank Loan: How to Get a โน5,000 Loan in Just Minutes
FAQ on SBI Cashback Credit Card
What’s the credit limit I’ll get?
Usually between โน50,000 to โน5 lakhs, depending on your income and credit score. SBI decides based on your profile.
Do I need to be an SBI customer already?
Nope! Anyone can apply. But if you already bank with SBI, the process might be faster.
How soon will my card arrive?
About 7-10 days after approval, delivered to your home by courier.
Is there a fee?
โน999 per year, but often waived in the first year. From year 2, it’s free if you spend โน2 lakhs annually.
What if they reject my application?
You’ll get a letter explaining why. Fix those issues, wait 3-6 months, and reapply.
How do I check my cashback?
Use the SBI Card app or log in to www.sbicard.com to see all your cashback earnings.
When do I receive cashback?
Usually within 90 days of your purchase, credited to your card account at the end of the billing cycle.
Disclaimer: This article is for informational purposes only. Credit card features, fees, and eligibility criteria may change. Please visit the official SBI Card website or contact customer care for the most current information before applying. Credit cards should be used responsibly, and you should only apply if you can manage credit wisely.
