Flipkart Axis Bank Credit Card Overview :
The SBI Cashback Credit Card is a top pick for Indian online shoppers seeking straightforward savings and minimal fuss. Offering a flat 5% cashback on most online purchases — up to ₹5,000 cashback per month (equivalent to ₹1 lakh monthly online spends) — the card simplifies rewards by crediting cashback automatically to the card account within days of statement generation. Offline transactions earn 1% cashback, while certain categories like rent, fuel, wallet loads, insurance and utilities have limited or no cashback.
With a manageable joining and annual fee of ₹999 + GST (the renewal fee is waived on annual spends of ₹2,00,000), the card becomes highly cost-effective for regular e-commerce users. There are no welcome bonuses or premium travel/dining perks, making this product focused purely on everyday online value rather than lifestyle add-ons. Fuel surcharge waiver benefits apply under specific conditions (1% waiver on transactions between ₹500–₹3,000 with a monthly cap).
| SBI Cashback Credit Card | |
|---|---|
 | |
| Type | Entry Level Cashback Credit Card |
| Best Suited For | Online Shopping |
| Joining Fee | Rs. 999 + GST* |
| Annual Fee | Rs. 999 + GST* |
| Welcome Benefits | No Welcome Benefits |
| Best Feature | Cashback Credit Card |
| Card Pandit Rating |  |
Table of Contents
SBI Cashback Credit Card Welcome Benefits:
- The SBI Cashback Credit Card does not offer any substantial welcome benefit or joining gift voucher.
- There are no bonus reward points or initial spend-linked incentives at joining.
SBI Cashback Credit Card Milestone Benefits :
- The ₹999 renewal fee is waived on annual spends of ₹2,00,000 or more in the previous year—a useful milestone for regular spenders.
There are no specific milestone rewards or spend-linked bonus structures apart from the fee waiver.
SBI Cashback Credit Card Cashback Benefit :
Online Spends: Earn 5% cashback on nearly all online purchases, up to a limit of ₹5,000 cashback (corresponding to ₹1 lakh monthly online spends). Beyond ₹1 lakh in online spends per statement cycle, further online transactions earn 1% cashback.
Offline Spends: Earn 1% cashback with no cap, but note that certain categories such as rent, insurance, fuel, utilities, wallets, and education earn either 1% or are sometimes excluded from cashback calculations. Always check updated T&Cs for excluded categories.
Cashback is credited automatically—no redemption hassle.
Exclusions: Rent payments, fuel transactions, wallet loads, insurance, jewelry, utility payments, and a few others do not earn the 5% online cashback and mostly get only 1% or none, per the merchant category.
SBI Cashback Credit Card Entertainment Benefits :
- No specific entertainment-related benefits such as movie ticket offers or partner discounts are provided.
Such transactions qualify only as regular online/offline spends for cashback accrual.
SBI Cashback Credit Card Dining Benefits :
The card does not feature dedicated dining offers or tie-ups with restaurant chains.
General dining spends will qualify for 5% cashback if done online and 1% if paid at an offline restaurant terminal.
Flipkart Axis Bank Credit Card Travel Benefits :
Lounge Access: As of 2025, the card does not offer complimentary airport lounge access or airline/travel privileges. Previous lounge benefits have been revoked.
There are no air miles, free tickets, or global assistance specific to travel.
SBI Cashback Credit Card Fuel Surcharge Waiver :
The card provides fuel surcharge waiver benefits with specific conditions :
Waiver Rate: 1% fuel surcharge waiver.
Transaction Limits: Applicable on transactions between ₹500 to ₹3,000
Monthly Cap: Maximum waiver of ₹100per statement cycle
GST Charged on fuel is non refundable.
SBI Cashback Credit Card Reward Point Redemption :
Cashback is credited directly to the card account, within 2 days after the statement generation, without extra steps
There is no point system—only straightforward cashback.
Automatic credit ensures no expiry concern; cashback is as good as cash reduction on bills.
SBI Cashback Credit Card Fees & Charges :
| Criteria | Details |
| Joining Fee | Rs. 999 + GST |
| Annual Fee | Rs. 999 + GST |
| Finance Charges | 3.5 to 3.75% p.m. (42% p.a.) |
| Add-on card fee | Nil |
| Forex-markup fee | 3.5% + GST |
| Late Payment Fee |
|
| Card replacement | Nil |
| Cash Payment Fee | Rs. 175 |
| Rewards Redemption Fee | Nil |
| Cheque Payment Fee | Rs. 100 |
| Rent / Wallet Load Transaction Fees | 1% fees will be applicable |
| Cash Withdrawal Fee | Min. RS. 500 & up to 2.5% of withdrawal amount |
| Overlimit | Min. RS. 500 & up to 2.5% of overlimit amount |
Eligibility & Documents Requirements :
Below listed are some of the SBI Cashback Credit Card Eligibility & Documents Requirements
- You must be Indian citizen and be between 21 & 70 Years old.
- You must be able to demonstrate a stable credit history
- You must be salaried or self-employed and withdraw a stable salary.
| Title | Details |
| Occupation | Salary | Job | Business |
| Age | Min 21 & Max 65 Years, |
| ID Proof (Any One) | Pan Card, Aadhar Card, and Driving License. Voter ID Card, Passport |
| Address proof (Any One) | Aadhar Card, Ration Card, Utility Bill, Passport, Voting Card, and Driving License |
| Income Proof (Any One) | Salary Slip | ITR File | Bank Statement | Form 16 |
SBI Cashback Credit Card Pros & Cons :
Discover the advantages and disadvantages of the SBI Cashback Credit Card to help you make an informed decision.
Pros
- Flat 5% cashback on nearly all online spends
- No merchant/platform restrictions for online cashback
- Fast, automatic cashback credit
- Free add-on cards
- Annual fee can be waived on ₹2 lakh spend
Cons
No welcome or milestone rewards
- No complimentary lounge access
- Limited 5% cashback for excluded MCCs
- No enhanced travel, dining, or entertainment features
- Capped cashback (₹5k/month on online spends)
SBI Cashback Credit Card Conclusion :
The SBI Cashback Credit Card currently ranks as the best mass-market cashback card for frequent online spenders in India. Its simple model—high flat 5% cashback credited automatically, no points tracking—makes it ideal for users who want uninterrupted, no-fuss value. The lack of travel, dining, and milestone rewards means it is best suited for e-commerce and digital-first users, not for those seeking premium experiences, but for most, the core value far outweighs the minimal annual fee, especially if ₹2 lakh spend is met.
SBI Cashback Credit Card Conclusion :
Step-by-Step Online Application Process
- Click ‘Apply Now’ – To apply for the SBI Bank Cashback Credit Card, Click on Apply Now button.
Enter Your Details – Provide basic details such as mobile number (linked to Aadhaar), PAN card number, date of birth, area pin code, and annual income
- Complete Eligibility Check – Provide basic details such as mobile number (linked to Aadhaar), PAN card number, date of birth, area pin code, and annual income.
- Upload Required Documents – PAN card, proof of income (salary slip/Form 16/IT return), identity proof, residence proof, and a passport-size photograph
- Verification and KYC – Follow further steps for physical or video KYC as instructed, if required.
Approval & Delivery – Upon approval, you’ll receive a confirmation. The card will be delivered to your address, usually within 14 days
Frequently Asked Questions (FAQs)
Yes, standard e-commerce purchases on sites like Amazon and Flipkart are eligible for 5% cashback provided no instant discounts/promotions from SBI are used simultaneously.
Cashback is automatically credited within 2 days of the statement generation. Minimum transaction for eligible cashback is ₹100.
No, these categories will either earn lower cashback (usually 1%) or may be excluded. Always verify the latest merchant inclusion/exclusion lists.
Yes, on spends of ₹2 lakh or more in the card anniversary year, the renewal fee is fully waived.
No, lounge access and premium travel features are not available on this card as of 2025.
SBI often provides lower starting credit limits, especially to users holding other SBI cards. However, the limit can be adjusted by transferring limits from other SBI cards after calling support.
Yes, subject to foreign currency markup charges as per SBI Card policy.