Sbi Cashback Card Terms And Conditions (2023)

1. [PDF] cashback T&C Booklet-Part-1 - SBI Card

  • Terms & Conditions - Usage of SBI Card on Token Requestors ... Before you sign or use the enclosed CASHBACK SBI Card, please read this Agreement, as your use of ...

2. Cashback SBI Card - Benefits & Features - Apply Now

  • Card Cashback · 5% Cashback on online* spends without any merchant restriction · 1% Cashback on offline* spends · *Cashback not applicable on Merchant EMI & ...

  • Apply for Cashback SBI Card to enjoy privileges like flat 5% cashback, Airport lounge access, Fuel surcharge waiver and more. Check more about Cashback SBI Credit Card features, benefits and more.

3. SBI Cashback credit card official benefits revised w.e.f. 1st May 2023

  • Hello everyone, SBI Card has announced major benefit change for its cashback credit card. ... 2. Maximum cashback for all online and offline spends will be capped ...

  • REVISION OF BENEFITS ON CASHBACK SBI CARD: With effect from 01 May 2023, following changes will be applicable on your CASHBACK SBI Card: A. Below categories will not be eligible for Cashback benefit, apart from existing exclusions: Category Merchant Category Code (MCC) Jewelry 5051, 5094...

4. SBI Card revises cashback benefits on service, check details here | Mint

  • Apr 7, 2023 · The maximum cashback that can be earned on online and offline spending in a statement cycle would be capped at · In March, SBI Cards & Payment ...

  • The maximum cashback that can be earned on online and offline spending in a statement cycle would be capped at ₹5,000.

SBI Card revises cashback benefits on service, check details here | Mint

5. [PDF] SBI CREDIT CARD CASHBACK OFFER TERMS & CONDITION - AWS

  • Jun 22, 2022 · Cashback offer is valid only on SBI Credit Card. • Offer duration to avail SBI Credit Card cashback is from 14th April 2022 – 22nd April.

6. Cashback SBI Credit Card Review- Eligibility, Benefits, and Apply Online

  • 4 days ago · CashBack SBI Credit Card Eligibility Criteria · The age of the primary cardholder must lie between 21 years and 65 years. · The applicant should ...

  • Know SBI cashback credit card features here such as Welcome offers, cashback Benefits & more. Check reviews & Apply for the credit card online!

Cashback SBI Credit Card Review- Eligibility, Benefits, and Apply Online

7. SBI cashback card benefits revised w.e.f 1st may 2023 | DesiDime

  • May 1, 2023 · Complimentary Domestic Airport Lounge benefit will be discontinued. For more details and other Terms and Conditions, please visit sbicard.com

  • SBI cashback card benefits revised w.e.f 1st may 2023 at SBI Card. -- Created at 31/03/2023, 537 Replies - Finance -- India's Fastest growing Online Shopping Community to find Hottest deals, Coupon codes and Freebies.

SBI cashback card benefits revised w.e.f 1st may 2023 | DesiDime

8. SBI Cashback Credit Card: Our Review - EMI Calculator

  • Aug 6, 2023 · Major Benefits and Features of SBI Cashback Card · 5% cashback on all online purchases. Cashback is not limited to any merchant. · 1% cashback on ...

  • Recently, I found out about SBI Cashback credit card and found its features and benefits quite simple. In this post, let us review the product features and how it fares against two popular cashback credit cards. Amazon Pay ICICI Credit Card and Flipkart Axis Bank Credit card. Major Benefits and Features of SBI Cashback Card… Continue Reading

SBI Cashback Credit Card: Our Review - EMI Calculator

9. [PDF] Terms and Conditions on SBI Cards Cashback offer.

  • Terms and Conditions on SBI Cards Cashback offer. 1. 5% Cash-back on SBI credit and debit cards transactions. a. (5% of the amount swiped through State bank ...

10. [PDF] SBI Cashback Terms & Conditions - HP

  • Jul 28, 2020 · All SBI Credit Cardholders excluding SBI Corporate Credit Card with no payment outstanding of more than 30 days and to whom a communication ...

11. Cashback SBI Card: Earn 5% cashback on all online spends ...

  • Sep 1, 2022 · Synopsis · 5% cashback on every* online spend without any merchant restriction (Up to maximum of Rs. 10,000 per monthly statement cycle).

  • SBI Card has introduced a cashback credit card that allows cardholders to earn 5% cashback on all online purchases with no merchant restrictions.

Cashback SBI Card: Earn 5% cashback on all online spends ...

12. SBI Cashback Credit Card Review - CardExpert

  • 6 days ago · SBI Cashback Card Terms and conditions. Cashback shall not be earned for following spends/transactions on the card, – Any purchases at petrol ...

  • SBICard recently came up with a pure cashback credit card that gives upto 5% cashback on online spends which beats any existing cashback credit card in the country. Looking at the way it is designed, it’s not only a great card for beginners but also for super premium cardholders to spread their spends. Here’s everything you need to know about this must-have cashback credit card.

13. SBI Card revises cashback benefits on some services from May 1

  • Apr 7, 2023 · In a notification issued on Thursday, the credit card issuer said the maximum cashback that can be earned on online and offline spends in a ...

  • In a notification issued on Thursday, the credit card issuer said the maximum cashback that can be earned on online and offline spends in a statement cycle would be capped at Rs 5,000.

SBI Card revises cashback benefits on some services from May 1

14. Terms and Conditions of instant cashback offer - Big C Mobiles

  • All SBI/Tata Credit Cardholders excluding SBI/Tata Corporate Credit Card and Paytm SBI Credit Card with no payment outstanding of more than 30 days are covered ...

  • Buy Best mobile phones & accessories online at the best price in India with multiple payment options home delivery, EMI option from Bigcmobiles.Shop Now for popular brands including Samsung,Apple,Micromax,OnePlus,Oppo,Vivo,Nokia and more at exclusive Discounts.

15. SBI Cashback Credit Card Review

  • A-la Zomato Edition credit card, 10% birthday cashback offer. Utility bill payments fetch just a 1% cashback. This is disappointing for sure. Maybe, SBI could ...

  • SBI Cashback Credit Card Review - The 5% cashback credit card. Do not apply for this without reading this review.

SBI Cashback Credit Card Review

16. Most Important Terms and Conditions - Tata Card

  • The transaction fee is subject to change at the discretion of SBI Cards & Payment Services Private Limited (SBICPSL). All cash advances also carry a finance ...

  • Credit Cards Home

17. ACE Credit Card - Apply for Credit Card Online - Axis Bank

  • Welcome to the world of cashback! This card becomes your everyday companion with accelerated cashback on all your spends. The Terms and Conditions of Axis Bank ...

  • Apply for Axis Bank's ACE Credit Card and get various benefits including accelerated cashback on spends, fuel surcharge waiver, airport lounge access, ETC. Apply now!

FAQs

What is the new rule of SBI cashback card? ›

The Verdict on Recent Changes
ParticularOlder VariantNew Variant
Monthly Capping on CashbackRs. 10,000 on accelerated categoryRs. 5,000, including all categories
Domestic Lounge Access4 complimentary lounge access every yearNo complimentary lounge visits are offered
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Aug 23, 2023

What are the exclusions for SBI cashback card? ›

1% cash back on offline spends. Exclusions – No cashbacks on following spends – Rent payment, wallet load, merchant EMI, jewellery, school/education fees, utility/insurance payments, gift cards/vouchers, train tickets.

Is SBI Cashback credit card lifetime free? ›

There is no joining fee for the Cashback SBI Card. However, you will have to pay an annual/renewal fee of Rs. 999 from the second year onwards, which is waived on spending Rs. 2 lakh in the previous year.

Is SBI cashback card discontinued? ›

Earlier, the card offered 1% cashback on utility payments but this will be discontinued come 1st May 2023. Cardholders will not get cashback on many major payments like utility bills, school fees, insurance premium, etc.

What are the disadvantages of a cash back card? ›

Cons of Cash Back Credit Cards
  • Limited total value compared to travel rewards. ...
  • Potential for earning caps and enrollment requirements with bonus rewards categories. ...
  • Rewards expiration due to account closure, missed payments and/or inactivity. ...
  • High regular APRs are the norm with rewards cards.
Aug 2, 2023

What are the disadvantages of cash back credit cards? ›

The Bottom Line

There are a few drawbacks to a cash-back rewards card, including a higher-than-usual APR, having to wait to access your cash-back funds, and a cap on how much you can earn each year. Also, when it comes to travel rewards such as airline miles, sometimes the miles are worth more than the cash.

What are two benefits and two drawbacks to a cash back card? ›

Pros And Cons
Pros Of CashbackCons Of Cashback
Many credit card companies give zero percent APR.Travel rewards do not get enabled for many credit cards.
Cashbacks don't get devalued by credit card companies.Interest payment for credit card balance could hamper cashback earnings
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What is the difference between cashback card and credit card? ›

Rewards credit cards offer points that can be redeemed for merchandise, flights, and more, whereas cash back cards give you a fixed dollar amount for every purchase you make. Choose a credit card based on your lifestyle and what gives you the most bang for your buck.

What is the foreign transaction fee for SBI cashback credit card? ›

The Foreign Currency Transaction Fee is 3.5% for all cardholders, while it is 1.99% for Elite and Aurum Cardholders.

What is the maximum limit of SBI cashback card? ›

The max cap is now reduced to 5K not only on online spends but also for offline / all kind of spends.

Does SBI cashback card have lounge access? ›

The maximum cashback that can be earned on online and offline spending in a statement cycle would be capped at ₹5,000. SBI Cards and Payments is all set to revise some of the services on Cashback SBI Card from 1 May,2023. The complimentary domestic airport lounge benefits will also be discontinued.

Does SBI waive annual fee? ›

How Can I Avoid SBI Credit Card Annual Fee? One cannot avoid SBI credit card annual fee but one can get a waiver on the same. SBI offers a 'Spend Based Reversal' option on most credit cards. You can get the annual fee waived off when you spend a certain amount of money on your credit card in any given year.

Are cashback cards worth it? ›

The cash back you earn may not always be worth it, though. Some cards offer as much as 6% cash back on certain purchases—but many purchases will earn around 2% or 3% cash back. When you compare this to the interest rates typically charged on the balance you carry, the rewards are tiny.

Why is my cashback card declined? ›

Do you have enough money on your card? As a prepaid debit card, you won't be able to complete a purchase if your card doesn't have a sufficient balance. To check your balance, open the 'Cashback' section of your UW account. If you need to top up, tap the 'Top up' button next to it.

Does cashback balance expire? ›

It's most common for cash back credit card rewards to expire after the cardholder or issuer closes the account, or after a certain period of account inactivity. In general, you can avoid losing cash back rewards by redeeming often, using your card regularly, and keeping your account open and in good standing.

What are the new rules for SBI transaction? ›

As of February 1, customers can make transactions up to ₹5 lakh instead of the earlier ₹2 lakh limit, the bank announced. SBI said in a statement that it will not levy any service charge on Immediate Payment Service (IMPS) transactions up to ₹5 lakh done through Internet banking/Mobile Banking including YONO.

How does the cash back credit card work? ›

Most cashback cards credit the amount you earned onto your statement, reducing your credit card bill. Some cards send the cashback to a bank account so you can spend it, or let you convert it to points or vouchers. Reward points can normally be exchanged when you have enough to qualify for a 'reward'.

References

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