CASHBACK SBI Card

Cashback

1. On online spend across any merchant outlet, the card offers 5% cashback benefit.
2. Offers cashback of 1% on offline spend.
3. Note: Cashback not applicable on Merchant EMI and Flexipay EMI transactions under the following categories:
   1. Utility Insurance
   2. Fuel
   3. Rent
   4. Wallet
   5. School & Educational Services
   6. Jewelry
   7. Railways etc.

Spend-based reversal

Provides renewal fee reversal benefit on spending Rs.2 lakh annually.

Fuel surcharge waiver

1. Offers 1% fuel surcharge waiver on fuel transaction across all petrol pumps in India.
2. The benefit is applicable for transactions between Rs.300 (Rs.500 for CASHBACK SBI VISA credit card) to Rs.3000 excluding GST and other charges.
3. Maximum surcharge waiver offered is Rs.100 per statement cycle

Easy Cashback facility

The cashback gets credited to the SBI card account within two days of the next statement generation.

Joining Fee

Rs.999

Renewal Fee

Rs.999 (Waived if you spend Rs.2 lakh in the previous year)

Add-on Fee

Nil

Cash Advance Fee

2.5% or Rs.500 (whichever is higher)

Finance Charges

3.75% per month (45% p.a.)

Cash Payment Fee

Rs.250 plus taxes

Late Payment Fee

1. NIL: Outstanding amounts ranging from Rs.0-Rs.500 on the payment date
2. Rs.400: Outstanding amounts more than Rs.500 to Rs.1,000
3. Rs.750: Outstanding amounts more than Rs.1,000 to Rs.10,000
4. Rs.950: Outstanding amounts more than Rs.10,000 to Rs.25,000
5. Rs.1,100: Outstanding amounts more than Rs.25,000 to Rs.50,000
6. Rs.1,300: Outstanding amounts more than Rs.50,000

Overlimit Fee

2.5 % of the over-limit amount or Rs.600 (whichever is higher)

Payment Dishonor Fee

2% of the payment amount (minimum Rs.500)

Rewards Redemption Fee

Rs.99

Cheque Payment Fee

Rs.100

Card Replacement Fee

Rs.100 to Rs.250 (Rs.1,500 for Aurum cardholders)

Foreign Currency Transaction Fee

3.5%