Most cashback cards in India give their best rate only on a handful of partner apps. The SBI Cashback Credit Card doesn’t. It pays 5% on eligible online spends on any website or app, plus 1% offline. If you already do most of your shopping, bill payments and bookings online, this is one of the highest-earning everyday cards you can get.
How the cashback works
| Where you spend | What you get |
|---|---|
| Online spends (any website or app) | 5% |
| Offline spends (eligible categories) | 1% |
| Combined monthly cap | ₹4,000 per statement cycle |
| Fuel | No cashback; 1% surcharge waiver on ₹500–₹3,000, up to ₹100 per cycle |
Good to know: cashback is credited automatically within two working days of your statement, so there is nothing to redeem and no expiry.
What you would actually earn
Spend ₹20,000 a month online and ₹10,000 offline and you earn ₹1,000 + ₹100 = ₹1,100 a month, or about ₹13,200 a year. That level of spending (₹3.6 lakh a year) also clears the ₹2 lakh threshold for the annual fee waiver.
The ₹4,000 cap is reached at about ₹80,000 of online spending a month, which is high enough that most people will never hit it.
SBI Cashback vs HDFC Millennia
| SBI Cashback | HDFC Millennia | |
|---|---|---|
| Top cashback rate | 5% on any online spend | 5% on 10 partner apps |
| Other spends | 1% offline | 1% |
| Monthly cap | ₹4,000 combined | ₹1,000 + ₹1,000 |
| Annual fee | ₹999 + GST | ₹1,000 + GST |
| Fee waiver spend | ₹2 lakh a year | ₹1 lakh a year |
| Age limit | 21–65 | 21–40 |
Pick SBI Cashback if your online spending is spread across many sites or is above ₹20,000 a month. Pick HDFC Millennia if most of it is on the big apps and you prefer an easier fee waiver.
Fees and charges
| Joining fee | ₹999 + GST |
|---|---|
| Annual fee | ₹999 + GST from the second year |
| Annual fee waiver | Spend ₹2,00,000 or more in the previous year |
| Fuel surcharge | 1% waiver on ₹500–₹3,000 transactions, up to ₹100 per cycle |
Eligibility
| Age | 21 to 65 years |
|---|---|
| Employment | Salaried or self-employed |
| Minimum income | ₹30,000 a month |
| Credit score | 650+ with no delayed payments in the last 12 months |
| First credit card? | Allowed for salaried applicants |
Documents you will need
- Identity: PAN card (or Form 60)
- Address: Aadhaar, passport or a recent utility bill
- Income: latest salary slips or bank statements
- Photo: a recent passport-size photograph
How to apply
- Tap Apply on SBI Card site on this page to open SBI Card’s secure application.
- Complete the form in the same session, keeping your PAN and Aadhaar handy.
- Finish e-KYC or video KYC when asked.
- Once the card arrives, activate it with a first transaction within 30 days.
