SBI launches Cashback Credit Card, Check features and annual fees

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SBI has launched cashback credit card which provides cashback upto 5% on online shopping. All the features and fees of this card are given below.

Card Cashback

  • 5% Cashback on online spends without any merchant restriction
  • 1% Cashback on offline spends¬†

Spend Based Reversal

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  • Reversal of Renewal Fee on annual spends of Rs.2 Lakhs

Fuel Surcharge Waiver

  • 1% Fuel Surcharge Waiver across all petrol pumps in India

Fees

  • Joining Fee (one time): Rs. 999
  • Renewal Fee (per annum): Rs. 999 from second year onwards. Renewal Fee reversed if annual spends for last year >= Rs. 2,00,000.
  • Add-on Fee (per annum): NIL
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