"Flat 5% cashback on all online spends โ no merchant restrictions"
โ โ โ โ โ 4.5/5(2 ratings)
Quick Summary
๐ณ Joining Fee
โน999 + GST
๐ Renewal Fee
โน999 + GST
Waived: Waived on annual spends of โน2 lakh or more in previous membership year
๐ฏ Best Suited For
Frequent online shoppers, those who want simple cashback without points redemption hassle
๐ Reward Type
Direct Cashback (auto-credited to statement โ no redemption needed)
๐ Welcome Benefit
Welcome cashback credited on first transaction as per prevailing offer at time of issuance
๐ฐ Reward Rate
5% cashback on all online spends (capped at โน2,000 per statement cycle); 1% cashback on all offline spends (capped at โน2,000 per statement cycle); maximum total cashback โน4,000 per cycle
โ๏ธ Lounge Access
Not available on this card
๐ต Cashback Rate
5% on online spends (all merchants, no platform restrictions); 1% on offline spends
Flat 5% cashback on ALL online spends โ no merchant or brand restrictions
Cashback auto-credited, no points redemption needed
Simple and transparent reward structure
1% cashback on offline spends too
Low annual fee of โน999, waived at โน2L spend
โ Cons
Monthly cashback capped at โน2,000 for online and โน2,000 for offline
No airport lounge access
No travel benefits
Fuel, rent, wallet loads, jewellery, education, utilities excluded from cashback
High forex markup of 3.5%
๐ Rewards & Benefits
Reward Type
Direct Cashback (auto-credited to statement โ no redemption needed)
Welcome Benefits
Welcome cashback credited on first transaction as per prevailing offer at time of issuance
Reward Rate
5% cashback on all online spends (capped at โน2,000 per statement cycle); 1% cashback on all offline spends (capped at โน2,000 per statement cycle); maximum total cashback โน4,000 per cycle
Reward Redemption
Cashback auto-credited directly to statement within 2 working days of statement generation โ no action required
Fuel Surcharge Waiver
1% fuel surcharge waiver on fuel transactions between โน500 and โน3,000; maximum waiver โน100 per statement cycle
Lounge Access
Not available on this card
Spend Based Fee Waiver
Annual renewal fee (โน999) waived on spending โน2 lakh or more in the membership year
Milestone Benefits
No milestone benefits
Other Benefits
No cost EMI on select merchant transactions; contactless payment enabled
โจ Special Perks & Exclusive Offers
Memberships
Details coming soon
Insurance Cover
Personal accident insurance cover as per SBI Card policy
Add-on Cards
Add-on cards available for family members at no additional fee
Concierge Services
Details coming soon
Special Offers
Exclusive offers during SBI Card festive sale campaigns
๐ณ Fees & Interest Rates
Joining Fee
โน999 + GST
Annual Fee / Renewal Fee
โน999 + GST โ Waived on: Waived on annual spends of โน2 lakh or more in previous membership year
Interest Rate (APR)
๐กPay your balance in full each month and this never applies to you.
3.5% per month (42% per annum)
ATM Cash Withdrawal / Cash Advance
2.5% of withdrawn amount, minimum โน500
Late Payment Charges
โน100 (due up to โน500); โน400 (โน501โโน1,000); โน750 (โน1,001โโน10,000); โน950 (โน10,001โโน25,000); โน1,100 (โน25,001โโน50,000); โน1,300 (above โน50,000)
Over Limit Charges
2.5% of overlimit amount, minimum โน500
Cheque Bounce / Auto-Debit Return
Details coming soon
Other Charges
Cash advance fee: 2.5% or โน500, whichever is higher; Foreign currency transaction fee: 3.5%
๐ Eligibility & Credit Limit
Eligibility Criteria
Age 21โ70 years; salaried or self-employed; minimum monthly income โน20,000 (varies by city and profile); good credit history required
Credit Score Requirement
700+ CIBIL score recommended
Credit Limit
Based on income and credit profile; communicated at time of card approval
๐ EMI, Balance Transfer & Debt Management
EMI Conversion
Flexipay: convert transactions above โน500 to EMI with tenures of 3โ24 months
Balance Transfer Facility
Balance transfer available from other bank credit cards; transfer amount minimum โน5,000, up to 75% of credit limit
Balance Transfer Interest Rate
As per prevailing SBI Card rates
Balance Transfer Charges
Details coming soon
๐ Security & Fraud Protection
Card Block Feature
Instant card block via SBI Card app, website, or customer care
Instant Fraud Alerts
SMS and email alerts for every transaction
Purchase Protection
Zero lost card liability on timely reporting
Virtual Card Numbers
Details coming soon
Zero Liability Protection
Zero liability on unauthorized transactions after reporting card as lost/stolen
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