kreditt club

If you're someone who loves online shopping and prefers cashback over complicated reward points, the Cashback SBI Card might be just what you need. Let’s break it down in simple terms.

Why Choose Cashback SBI Card?

This card is all about straightforward cashback—no complicated conversions, no tricky reward points. You earn and save directly on your purchases.

Key Benefits

✅ 5% cashback on all online spends (no merchant restrictions)
✅ 1% cashback on offline transactions (POS purchases)
✅ Auto-credit of cashback to your card (no manual redemption needed)
✅ 1 complimentary domestic lounge visit per quarter (4 per year)
✅ 1% fuel surcharge waiver on transactions between ₹500-₹3,000

Fees & Charges

💳 Annual Fee: ₹999 + GST (waived if you spend ₹2,00,000 per year)
💸 Interest Rate: 3.5% per month (42% per year)
🚨 Foreign Transaction Fee: 3.5% + GST
📌 Late Payment Fee: ₹750 (for outstanding ₹5,001-₹10,000)

What You Need to Know

⚠️ Cashback is capped at ₹5,000 per month
⚠️ No cashback on fuel, rent, utilities, insurance, EMI transactions
⚠️ No international lounge access or travel insurance
⚠️ High forex fee makes it less ideal for international spending

Is This Card Right for You?

✅ Best For: Online shoppers who want instant cashback without hassles
❌ Not Ideal For: Frequent travellers, those who spend a lot on fuel or rent

How to Apply?

📝 Apply online via SBI Card’s official website
📜 Submit basic documents (PAN, Aadhaar, income proof)
⏳ Get approval in 7-10 working days

Final Verdict

The Cashback SBI Card is a great pick for online shoppers who want simple, no-fuss cashback. But if you need travel perks or lower forex fees, you might want to explore other options.

💡 Pro Tip: Pair this card with another one that offers rewards on fuel, travel, and offline expenses to maximize savings! 🚀