SBI Cashback Credit Card Review (2026)
5% cashback on ALL online transactions — not just specific merchants. The simplest high-cashback card for online-first spenders.
Last updated: 2026-04-07· By PointsWallah Editorial
Fee Details
| Annual Fee | ₹999 |
| Joining Fee | ₹999 |
| Fee Waiver | Spend 2L in a year |
| Income Required | ₹4L/year |
| Network | Visa |
| Fuel Surcharge Waiver | Yes |
Reward Rates
Currency: Cashback
Our Review
The SBI Cashback card's headline benefit is genuinely compelling: 5% on ALL online transactions. Unlike co-branded cards that give 5% only on specific platforms (Amazon ICICI on Amazon, Flipkart Axis on Flipkart), this card gives 5% on every online purchase — Myntra, Nykaa, BigBasket, Zomato, airline websites, literally everything coded as e-commerce. The 5,000/month cap is generous enough for most people. The catch is the 1% offline rate, which is painful. The optimal strategy: use this for all online purchases and carry the Axis ACE (2% flat) for offline spending. Together, they're one of the best 2-card setups for everyday spending in India.
Pros & Cons
Pros
- + 5% cashback on ALL online transactions — not just specific merchants
- + 5,000/month cap is generous — covers up to 1L in online spends
- + Cashback is straightforward — no point conversion math
- + Good for someone who does most shopping online
Cons
- - Only 1% on offline spends — terrible for in-store purchases
- - 999 fee with 2L waiver is higher than some competing entry cards
- - No lounge access
- - Online-only benefit means you need a second card for offline spending
Best For
Frequently Asked Questions
Is the SBI Cashback Credit Card worth it in 2026?
It depends on your spending. The SBI Cashback Credit Card costs ₹999/year (waiver: Spend 2L in a year). With an effective base return of 1.3%, you'd need to spend approximately ₹79,920 per year just to break even on the fee. If your annual spend exceeds that, the card earns you money.
What is the SBI Cashback Credit Card annual fee?
The SBI Cashback Credit Card has an annual fee of ₹999. Joining fee is also ₹999. Fee waiver: Spend 2L in a year.
What is the minimum salary required for SBI Cashback Credit Card?
The minimum annual income required for the SBI Cashback Credit Card is ₹4L. However, if you have an existing banking relationship with SBI Card, you may get approved at a lower income level.
Disclaimer: This review is for informational purposes only and does not constitute financial advice. Card features, fees, and reward structures may change without notice. Please verify all details on SBI Card's website before applying. We may earn a commission if you apply through our links — this does not affect our editorial assessment.