CASHBACK SBI Card

Lounge access

Complimentary Domestic Airport Lounge benefit has been discontinued (with effect from 01 May 2023).

Verified · CASHBACK SBI Card – Revision of Benefits Terms & Conditions · 2026-07-30 · source

Forex markup

Foreign Currency Transaction Fee: 3.5%.

Verified · Most Important Terms & Conditions (MITC) – English (covers all SBI Cards) · 2026-07-30 · source

Interest-free period

Interest free credit period could range from 20 to 50 days (applicable only on retail purchases and if previous month's outstanding balance is paid in full).

Verified · Most Important Terms & Conditions (MITC) – English (covers all SBI Cards) · 2026-07-30 · source

Charge

• Finance Charges: 3.75% p.m. (45% p.a.) for unsecured cards.
• Minimum Finance Charge ₹25.
• Cash Advance Fee: 2.5% of transaction amount (min ₹500) at domestic and international ATMs.
• Cash Payment fee: ₹250.
• Payment Dishonor fee: 2% of Payment amount (min ₹500).
• Cheque Payment Fee: ₹200.
• Late Payment: Nil for ₹0-100.
• ₹100 (>₹100-500).
• ₹500 (>₹500-1000).
• ₹750 (>₹1000-10,000).
• ₹950 (>₹10,000-25,000).
• ₹1100 (>₹25,000-50,000).
• ₹1300 (>₹50,000).
• Additional Late Payment Charge ₹100 on missing MAD for two consecutive cycles.
• Overlimit Fee: 2.5% of overlimit amount (min ₹600).
• Card Replacement: ₹100-₹250.
• Dynamic Currency Conversion Fee: 3.5%.
• Rewards Redemption Fee: ₹99.
• Processing Fee on all Rent Payment Transactions: ₹199.
• Utility Payments Fee (w.e.f. 1st Dec 2024): 1% of total Utility Payments if total exceeds ₹50,000 in a billing cycle.
• Fee on Education Payments (w.e.f. 1st Nov 2025): 1% of transaction amount via third-party apps.
• Fee on Wallet Load (w.e.f. 1st Nov 2025): 1% of transaction amount on every wallet load exceeding ₹1,000.

Verified · Most Important Terms & Conditions (MITC) – English (covers all SBI Cards) · 2026-07-30 · source

Fuel surcharge waiver

• 1% Fuel Surcharge waiver for each transaction between ₹500 and ₹3,000.
• Maximum Surcharge waiver of ₹100 per statement cycle, per credit card account (applicable for MCCs 5172, 5541, 5542 and 5983).

Verified · CASHBACK SBI Card – Terms & Conditions (eKit) · 2026-07-30 · source

Redemption value

• Card Cashback is automatically credited to the SBI Card account and reflects in the monthly statement (credited within two working days of statement generation).
• Cashback does not expire.
• Rewards Redemption Fee of ₹99 applies only on Physical products, Statement Credit and on Vouchers sent physically (for all cards except AURUM).

Verified · CASHBACK SBI Card – Terms & Conditions (eKit) · 2026-07-30 · source

Reward cap

Maximum Cashback per statement cycle capped at ₹4,000 (Online 5% capped at ₹2,000; Offline 1% capped at ₹2,000), effective 1st April 2026.

Verified · CASHBACK SBI Card – Revision of Benefits (effective April 2026) · 2026-07-30 · source

Reward exclusion

Verified · CASHBACK SBI Card – Revision of Benefits (effective April 2026) · 2026-07-30 · source

Eligibility

Add-on cards can be issued for spouse, parents, siblings and children over 18 years of age.

Verified · CASHBACK SBI Card – Terms & Conditions (eKit) · 2026-07-30 · source

Official terms

https://www.sbicard.com/en/personal/credit-cards/rewards/cashback-sbi-card.page.

Verified · CASHBACK SBI Card product page · 2026-07-30 · source