Cardfare / Cards / CASHBACK SBI Card
CASHBACK SBI Card: rewards, caps and changes
What this card earns where, the caps that stop it, and what changed recently. Rates in the "Worth" column value one rupee of cashback at ₹1 (auto-credited to the card account within two working days of statement generation).
What it earns
| Where | Rate | Worth | Conditions | Source |
|---|---|---|---|---|
| All online spends | 5% back | 5.0% | Online cashback capped at ₹2,000 per statement cycle (from 1 Apr 2026; ₹4,000 combined with the offline cap) | Terms |
| Everything else | 1% back | 1.0% | Offline cashback capped at ₹2,000 per statement cycle (from 1 Apr 2026) | Terms |
| Fuel | No rewards | 0% | — | Terms |
| Wallet loads | No rewards | 0% | — | Terms |
| Rent | No rewards | 0% | — | Terms |
| Jewellery | No rewards | 0% | — | Terms |
| Education fees | No rewards | 0% | — | Terms |
| Bills & utilities | No rewards | 0% | — | Terms |
| Mobile & broadband | No rewards | 0% | — | Terms |
| Insurance premiums | No rewards | 0% | — | Terms |
| Trains | No rewards | 0% | — | Terms |
| Tax & government | No rewards | 0% | — | Terms |
Recent changes
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CutSBI Card· since 1 April 2026
SBI Card caps statement-credit redemption at 60,000 points a month
Redeeming reward points as statement credit is now limited to 60,000 points per card per calendar month, in multiples of 4,000 points. Air India SBI Signature and the PhonePe SBI cards are exempt.
Applies across SBI Card's cards
Source: SaveSage
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CutSBI Card· since 1 April 2026
SBI Cashback card splits cap: ₹2,000 online + ₹2,000 offline
Cashback is now capped at ₹2,000 per statement cycle for 5% online spends and ₹2,000 for 1% offline spends, down from a single ₹5,000 cap. Gaming platforms, tolls and government payments were added to the exclusions.
Cards: CASHBACK SBI Card
Source: Live From A Lounge
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New feeReportedSBI Card· since 1 November 2025
SBI Card adds 1% fee on education via apps and on wallet loads
SBI Card charges 1% on education payments made through third-party apps such as CRED or MobiKwik, while paying the school or college directly stays free. Wallet loads above ₹1,000 also attract a 1% fee.
Applies across SBI Card's cards
Source: Upstox News