Key Highlights of Cashback SBI Credit card

Axis Bank My Zone Credit Card
Best Suited for  Cashback and Online Shopping
Joining Fee Nil (for cards issued till March 2023)
Annual Fee Rs. 999 (reversed on reaching annual spends of Rs. 2 Lakh)
Welcome Benefits 5% cashback on all online spends*,1% cashback on all other spends*
Best Feature 1% cashback on all other spends*
The Money Fair Rating ★★★(3/5)

Features:

  • Earn up to 5% cashback on all spends
  • No annual fee
  • Up to 2 add-on cardholders
  • Get 20% cashback on dining, grocery, and fuel spends
  • Get 5% cashback on travel, entertainment, and utility spends
  • Get discounts on movie tickets, flight tickets, and hotel stays.
  • Get up to 10% cashback on online shopping
  • Get up to 10X rewards points on select categories
  • Enjoy free access to airport lounges
  • Get free personal accident insurance cover
  • Get free international travel insurance cover
  • Get free purchase protection insurance
  • Get free fraud liability cover
  • Enjoy flexible payment options such as easy EMIs and balance transfers

Benefits:

With this credit card, you can get 40% off on food delivery at Swiggy. Below mentioned are the offer details:

  • Cashback: Get rewarded with cashback on your purchases at select stores and online platforms.
  • Reward Points: Earn reward points on your everyday purchases and redeem them for exciting rewards.
  • Discounts: Enjoy discounts at select stores and online platforms.
  • Air Miles: Earn air miles and upgrade your travel experience.
  • Low-Interest Rates: Enjoy lower interest rates on purchases and balance transfers.
  • Zero Liability: Enjoy protection against fraudulent charges and unauthorized transactions.
  • Easy Payment Options: Make payments quicker and more convenient with the SBI Card mobile app.
  • Flexible Payment Options: Choose from a range of flexible payment options to suit your needs.

Credit Card Ho Toh Aisa!

It’s not just a credit card, it’s a rewards card!

Apply Now

Cashback SBI Credit card: Fees & Charges

The fees and charges applicable to Cashback SBI Credit card are mentioned below:

Type of Fee/ Charge Amount

Joining Fee

Nil (till March 2023)

Annual/ Renewal Fee

Rs. 999

Finance Charges

3.5% per month (42% p.a.)

Late Payment Fee

    For Statement Balance

  • Less than Rs. 500: Nil
  • Rs. 500 up to Rs. 1,000: Rs. 400
  • Rs. 1,000 up to Rs. 10,000: Rs. 750
  • Rs. 10,000 up to Rs. 25,000: Rs. 950
  • Rs. 25,000 up to Rs. 50,000: Rs. 1,100
  • Amount over Rs. 50,000: Rs. 1,300

It depends on your individual needs and preferences. Cashback SBI Credit cards can be a good option for those who want to earn rewards and cashback on their purchases. However, you should always compare the features of the different cards available and the applicable fees and charges before making a decision.

Cashback credit cards can be a great way to save money on purchases, but they may not be the right choice for everyone. If you are a frequent shopper who pays off their full balance each month, then a cashback credit card could be a great way to get rewards for your spending. However, if you carry a balance from month to month, the higher interest rates associated with cashback cards may not be worth the rewards. It is important to weigh the pros and cons of any credit card before making a decision.

Q.  How much cashback will I get on fuel purchases?

A. The amount of cashback you get on fuel purchases varies depending on the store or loyalty program you are using. You should check with the store or loyalty program for details on their specific cashback offers.

Q. Where will I receive my welcome voucher?

A. Your welcome voucher will be sent to your email address. You may also find it in your account's "My Vouchers" page.

Q. What is the validity of the welcome voucher?

A. The validity of the welcome voucher typically depends on the specific offer. Check the terms and conditions of the voucher for more information.

Q. How to apply for Cashback SBI Card?

  • Visit the official website of SBI Card.
  • Click on the ‘Apply Now’ button on the homepage.
  • Now, choose the type of card you wish to apply for.
  • Fill in the required details like name, address, email id, etc.
  • Submit the required documents as asked.
  • Make the payment for the application fee.
  • Finally, submit the form and wait for the approval.