Corroborated5 field(s) match across 3+ reference sources (auto). Not human-verified. Confirm with the bank before high-stakes decisions.
51
#20 of 173 in credit
SBI Card

Cashback SBI Card

creditVisaPlatinum

5% cashback online; 1% offline

Score breakdown

Data completeness: 85% · Last verified: 06 Jul 2026

Reward value44/100 · weight 65%
2.15% effective on the standard basket (eligible spend only)
Wide-coverage rewards: +2.6% score bonus — earns broadly without narrow category restrictions.
Fee efficiency91/100 · weight 11%
Redemption flexibility81/100 · weight 8%
Perks0/100 · weight 8%
Devaluation risk70/100 · weight 8%

Fees

All fees shown base + 18% GST (India card fees legally attract GST).

Joining fee
999 + 18% GST
= ₹1,179 total
Annual fee
999 + 18% GST
= ₹1,179 / year total
Waiver: Spend ₹2,00,000 in the anniversary year
Forex markup
3.5%

Lounge access

Domestic (per year)
0
International (per year)
0

Confirmed devaluation alerts

No confirmed devaluations tracked for this card. That doesn't mean none exist — see the neutral 70/100 devaluation-risk sub-score above.

Reward structure

CategoryTypeRateCapNotes
diningpoints2.00%(8 pts @ ₹0.25)2% dining (estimated)
travelpoints2.00%(8 pts @ ₹0.25)2% travel (estimated)
groceriespoints1.50%(6 pts @ ₹0.25)1.5% groceries (estimated)
online_spendscashback5%₹5,000 / monthly5% cashback on all online spends
utilitiespoints1.00%(4 pts @ ₹0.25)1% utilities (estimated)
fuelpoints1.00%(4 pts @ ₹0.25)1% fuel (estimated)
all_spendspoints0.50%(2 pts @ ₹0.25)Base earn rate
all_spendspoints0.25%(1 pts @ ₹0.25)
all_spendscashback1%1% offline

Point value by redemption mode

1 reward point is worth different amounts depending on how you redeem — the headline reward % only holds at the best tier.

statement credit1 RP = ₹1.00
cashback1 RP = ₹1.00

Welcome offer

No welcome benefits or joining rewards

Milestone benefits

  • Spend ₹2,00,000 / yearly: Renewal fee reversal

Pros

  • Decent 5% cashback on online spends and 1% on offline spends.
  • High monthly cashback cap of Rs. 4,000 across categories.
  • Strong option for online spending compared to other cashback cards.
  • Contactless payment facility available.
  • Global acceptance in over 24 million outlets.

Cons

  • Several categories are excluded from cashback eligibility.
  • Annual fee is relatively high compared to the benefits for low spenders.
  • Spend-based waiver may be difficult to achieve if major spends fall in excluded categories.
  • No instant discounts during online sales.

Small print

Redemption fee
0 / redemption
Fuel surcharge:1% fuel surcharge waiver on every transaction between Rs. 500 and Rs. 3,000. Maximum waiver of Rs. 100 per statement cycle.