SBI Cashback Credit Card Review

By | December 14, 2022
SBI Cashback Credit Card Review

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.

Overview

TypeCashback Credit Card
Reward RateUpto 5%
Annual Fee999 INR+GST First Year FREE (till 31st March 2023)
Best for5% Cashback on online spends
USPHigher max. cap. on monthly Cashback

SBICard Cashback Credit Card is the best Cashback Credit Card in the country hands down. If you’re into entry-level cards and looking for optimising online spends, this is the only card you ever need.

At 5% earn rate on online spends, its even better than the super premium credit cards if you just look at the reward rate on online spends.

apply now

*** First Year FREE offer ends by 31st March 2023 ***

Fees

Joining Fee999 INR+GST First Year FREE (till 31st March 2023)
Welcome Benefit
Renewal Fee999 INR+GST
Renewal Benefit
Renewal Fee waiverSpend 2 Lakhs

The not so attractive thing about SBICard in general is that there is no renewal benefit even on payment of the joining fee.

While that’s a problem with most SBICards, it shouldn’t matter much for the Cashback Card, as you can anyway get the renewal fee back just with 20K INR online spend. Though the renewal fee waiver is easy to hit for most.

Note: The joining fee is temporarily waived off until 31st March 2023.

Rewards

SPEND TYPECashback %
Online Spends5%
Online Spends (>2L per stmt cycle)1%
Utility Spends1%
Offline Spends1%
  • Cashback gets credited within 2 days of stmt. generation
  • Max Cap: 10,000 INR Cashback per stmt cycle (Spend equivalent: 2L)

Note: Cashback not applicable on Rent Payments, Fuel Spends, Wallet loads & EMI txns. Insurance/IRCTC/NPS payments gets you only 1% Cashback.

5% reward rate as cashback on “almost” all online spends is AMAZING without a doubt as the competition hardly gives 2% max.

This is not only the best cashback credit card in India but in the entire world for that matter, as no one ever launched a 5% cashback card that is as simple, lucrative & easy to get as this in the entire planet.

SBI Cashback Card - credit notification

For utility/insurance spends, you may anyway buy “Amazon Pay” vouchers and pay via Amazon bill payment system, as they have almost all bill payment services under the sun, limits applicable though.

If you’re into super premium cards, you may benefit even better, as you can buy vouchers at 3X/5X rewards on Axis/HDFC gift voucher portals and that may give you much more than 5% return on spend.

With all that said, it’s like a combination of Axis Ace & ICICI Amazon Pay credit cards on a single card.

Airport Lounge Access

ACCESS TYPEVIALIMITGUEST ACCESS
Domestic Lounge AccessVisa1/Qtr

While you just get one access per qtr to domestic airport lounges, the advantage is that it’s accepted at over 40+ lounges in India, including the beautiful 080 lounge in BLR.

As most entry levels cards with HDFC and Axis doesn’t give access to all lounges in India, this card may help when other cards are unable to give access.

Credit Limit

Cashback Credit Card by SBI

One of the rumours about the Cashback card is that it gives ultra low credit limits, as low as 10,000 INR.

This usually happens when you have multiple SBI Credit Cards, as SBICard isn’t generous with credit limit since past few years. So it applies to all SBI Cards when you apply for a 2nd card and it’s not limited to just Cashback card.

I’m sure of this because I myself got <50K INR credit limit on Cashback card (2nd card) while my friend got ~3L Credit limit (new to SBICard).

If you’re already holding a SBICard and getting closer to 5L credit limit on it, expect a very low limit on the 2nd SBICard.

But you may anytime call SBICard support and ask to transfer some of the limit from the existing card to the new one. I did the same by transferring some limit from Aurum Card and the updated limit reflects instantly.

My Experience

SBI Cashback Credit Card

I applied online and got the card approved in about 10 days (with virtual card ready to use) and it took another 7 days for physical card delivery.

The cashback system is quite simple and works flawlessly, as expected. If you wish to cross verify the txn type and cashback, you may find it via spend analyzer on desktop. Note that the spend analyser on SBICard mobile app shows wrong txn type, for unknown reasons.

SBI Cashback Credit Card Statement
Cashback Credit – On Stmt Generation

The only downside is that you can’t use it on Amazon/Flipkart to avail the instant cashback, like with other SBICards.

How to Apply?

SBI Cashback Credit Card can be applied only online through their newly developed Sprint onboarding system. If you’re new to it, this article may help: SBICard Sprint Credit Card Application Process.

Here’s the referral link to apply online which will also give you additional 500 INR voucher on 1000 INR spend done within 30 days.

apply now

*** First Year FREE offer ends by 31st March 2023 ***

Bottom line

  • Cardexpert Rating: 4.9/5

With 5% Cashback literally on almost all online spends, lounge access to all airport lounges and improved onboarding, SBI Cashback Credit Card is indeed the best cashback credit card in India.

I never thought SBICard would go this aggressive on entry-level cards. While this is great, I wish to see such aggressiveness on their super premium cards as well. 😉

However, remember that 5% cashback upto 10K INR a month is not going to last long. It’s more of card acquisition model and so expect it to be “trimmed” as soon as the issuer gets sufficient users on the platform.

Looking at how lucrative the card is, we may expect some sort of devaluation in a year or so.

Make hay while the sun shines!

Do you have SBI Cashback Credit Card? Feel free to share your thoughts & experiences in the comments below.

119 thoughts on “SBI Cashback Credit Card Review

  1. Amit

    Thanks for the useful article, Siddharth. I also got SBI cashback card with 10k limit. But despite repeated requests they did not re-assign credit limit from my club vistara card to Cashback card.
    Also I noted that 5% cash back was not awarded on transactions like payment of maintenance fee to housing society, insurance, education, NPS (given 1% only). These transactions are not covered in MCC codes excluded by the Bank in terms and conditions. My experience with customer care has been hopeless. The worst part is the statement does not give break up of cashback and one has to just guess about it.
    Any clue about why these should not be eligible for 5% cashback?

    Reply
    1. Siddharth Post author

      Txn wise summary would be great for sure.

      But we can’t demand much with this card and have to bend to how their system works, which is all based on MCC given by payment gateway. It’s quite obvious anyway, as giving 5% on most txns is not something a listed company would risk themselves in.

      Reply
  2. Anoop

    Hi Siddharth,
    My SBI vistara CC was rejected couple of months back stating cant have multiple cards, Just have IRCTC card for over 7-8 years now, so was hesitant to apply this one initially.
    Anyways gave a try with your link and gave all the required details and got the cashback card approved with limit of just 10k, will have to transfer some limit form other card now.
    However was asked to perform an additional step where my bank details were asked where they credited Re.1 and in next step asked me to deposit it back with net banking, haven’t seen this with any other process earlier.

    Just had one doubt, is there any minimum transaction amount for 5% cash back or 5% cashback will be on the total cumulative amount in next bill.?

    Thanks.

    Reply
    1. Siddharth Post author

      Thanks for sharing your experience. Seems the Sprint has multiple verification flows.

      There is no minimum txn amount.
      They ideally calculate the Cashback per txn and credit all the Cashback at once.

      Reply
      1. Raju

        Minimum order for 5% cb is Rs. 100 per transaction. Anything below Rs. 100 won’t fetch any cashback.

        Reply
  3. Raju

    Hi Siddharth,

    You should have highlighted about rounding down and separate calculation of cashback into 1 and 4%. With these, the effective CB% may be around 4%.

    Reply
      1. Raju

        Hi Siddharth,

        As per their T&C, fractional paise will be rounded down to for cashback calculation. Like in case of Rs. 7.99, cashback will be posted as Rs.7 instead of Rs. 8. Flipkart axis card also follows the same but Ace card will be different. They round up if the paise is above 0.50, like in this case, it will be Rs. 8.

        Coming to cashback calculation, sbi not calculating 5% directly. First they are calculating 1%, rounding down and 4% calculation again and again rounding down. We can observe this for any paisa based transactions instead of round figure. For example, transaction of Rs. 1,354.99 would fetch cashback of Rs. 67 instead of Rs. 68 due to rounding down and separate calculation. This may be small but in long run, definitely good chunk of amount!

        Reply
    1. balaji

      Your calculation holds good only for transactions that are not multiples of 100. for higher transactions it hardly matters.

      ex – 100 -> 5% cashback
      90 -> rnd(4.5 ) -> 4 rs cashback

      Reply
  4. ismail

    irctc, even apsrtc gives 1%; maybe all govt related pays i expect it to be 1%only
    i tried buying amazon pay gift card for 2k from gyftr, card got immediately blocked citing suspicious activity. maybe SBI will block all spends which it deems not beneficial for them
    swiggy gives 5%

    Reply
    1. Siddharth Post author

      Buying from Amazon is smooth always. But any reason to buy from Gyftr? Hope it’s not permanent block?

      Reply
      1. BCh

        Gyftr gives 1.5% upfront discount for Amazon voucher, so we can get almost 6.5% benefit. But the card would invariably be blocked in the first attempt, one has to unblock, wait for 2 yrs (or do some other transaction) and try again in Gyfrt portal. However I used the card in yono app and faced no problem to purchase vouchers.

        Reply
        1. balajic

          I have SBI credit card and have been using it for a while. But unable to use yono app. Does it need an SB or loan account to use it ?

          Reply
      2. ismail

        thanks siddarth.. i am such a tubelight, never thought of buying from amazon itself :—)
        after the card was blocked , received an automated call from sbi and after my certifyng , card was activated again

        Reply
          1. Rahul

            Sbiyono is giving 3% off on amazon vouchers but cashback cards gets blocked on gyftr/yono..

            I bought 10k they blocked, then got it unblocked and bought 5k. My limit is 1 lakh.

  5. ashwani

    I already had another SBI card with 5 L limit. Got 10K limit on SBI Cashback and got the first card’s limit reduced to 4.9L. Spoke to CC for limit increase and he couldn’t help. Will try to use your method and get some limit transferred. Literally using the SBI Cashback card as pre-paid one. Good thing is they also give 5% cashback on school fees paid online.

    Reply
    1. Mahesh Kumar Karumuri

      Can you please tell me how you are getting 5% cash on school fee payment, directly paying online on school websites or by using any other application

      Reply
      1. KSP

        I have paid through the school’s portal early this month and cashback is reflected in the cashback earned since the last statement field.

        Reply
      2. Ashwani

        Through the school website.
        They have Payment Gateways of TechProcess and Paytm.
        I always choose TechProcess over Paytm.

        Reply
    2. Ashwani

      Got the Limit transferred from the older SBI card to the new SBI Cashback card. Thanks for the guidance.

      Reply
  6. Chirag Katara

    My sister got this card for herself and I thought of getting an add-on card for me so that I don’t have to pay annual fee after a year. The card’s page clearly states you get free add-on card and I applied on September 20, but still haven’t received it. We escalated it to SBI Support, then to Nodal Officer and then to Customer Support Head (PNO) and after almost 3 months, the PNO responded asking me for Application reference number and if I submitted KYC, if not please resubmit. This is horrible customer support as the application reference number was given, and I also explained to them that no one came to collect KYC documents for add-on card holder at the scheduled time.

    Reply
  7. Yash J

    Same happened with me, got 10k limit because my other card has 5L limit, did a Amazon Pay Translation worth 9850 and card blocked. Called helpline and their point is since my limit is 10k and trans amount 9850 is very close to my credit limit hence they suspect a suspicious activity! Like seriously dumb. Asked the executive to transfer some limit from my other card, but he refused citing that cashback card is new so it’s not eligible so soon. As for unblocking the card he said I will receive a verification call in 24-72hrs and then they shall unblock the card. So much hassle for a mere 9850 transaction! God save sbi

    Reply
    1. Kunal

      I got 20k limit. Dropped an email to Customer care Head requesting it to increase it to 2L by transferring some limit from Octane Card. They did it in 2 days. Try dropping an email

      Reply
  8. Mahesh Kumar

    I recently got this card, I never known that purchasing Amazon Pay voucher will give 5% Cashback, I done a mistake by paying my insurance premium of 75K with this card directly and got only 1% as cash back, from my next premiums i will try to purchase Amazon gift cards, so i can get better cashback.

    Reply
    1. Kannan

      “Insurance Paid directly” means you paid thru insurer’s site or directly from Amazon? Pls. clarify

      Reply
  9. Mangesh

    I got cashback card as soon as it was launched and was also able to transfer limit (50:50) from my BPCL card which had a limit of 5lacs all this was done via calling customer care on a single call no issues whatsoever.

    Reply
  10. Chinmoy

    Initially got limit of 10K , transferred 4.5L from another card by calling customer care which reflected instantly showing 4.6L as limit now. Using it for last couple of months. Card look and feel is pathetic, cheap plastic! But who cares about look when you get handsome rewards 😜

    Reply
  11. Lalit

    I got my SBI Cashback Card with 10K limit. I have another SBI Card with 3.5 Credit Limit. Called customer care to transfer the limit equally and it was done over the call itself.

    Reply
  12. balajic

    How to connect to SBI credit card customer care on call? Everytime I call I am put on IVR with no option to talk to a person.

    Reply
  13. Anbu

    One thing to note.. SBI calculates 5% in weird way. 1% ( rounded down) + 4 % (rounded down) which gives 4-5% if you spend more than 100. and 2-5 % if you spend less than 100.
    Eg. if you spend 124 rs. 1% of 124 rounded down is 1 and 4% of 124 rounded down is 4 so you get total 5 rs cashback which is 4%
    Eg.2 if you spend 99 then you get only 3 rs cashback which is 3%
    and if you spend 49 you get 1 rs cashback which is 1%

    its very small difference when you spend higher amount and significant in lower amounts.
    Just to keep in my mind..

    Reply
    1. Rahul

      In axis cards if you spend <200, you get zero.. Thats how it is in multiples of 100/125/150/200 for different banks. Amex has multiple of 40

      You will always lose some points/cashback.

      Reply
  14. Hari

    Applied through the CE Link yesterday night. Done the biometric verification today at office. No documents collected. I am told card has been approved and dispatch team will call tomorrow to verify all the details once again.

    Reply
  15. Pranav Desai

    Is it absolutely necessary to have an account with SBI to apply for this card?

    Reply
  16. KSP

    SBI Cashback Card is my first card from SBI stable. I got it within couple of weeks of application as well. I got a limit of ₹4.1L! Just loving it and it nicely compliments Infinia for those online spends not covered by Instant Vouchers from Smartbuy.

    Reply
  17. Dinoop

    I hold an Amazon Pay ICICI card, Flipkart Axis & DigiSmart for Myntra. Since most of the online purchases will be from these sites, I dont find any reason for getting the cashback card. Do you think the same?

    Reply
    1. Siddharth Post author

      Everything is relative in this universe. The answer maybe YES for you but not for all. 🙂

      Reply
    2. Mahesh Kumar Karumuri

      Lounge Access also considerable if the existing cards don’t have the access to your requirement.

      Reply
  18. AK

    Are you sure this card gives access to 080 BLR lounge? Even many super-premium cards like Infinia, DCB, IDFC Wealth, etc., are not accepted there.

    Reply
    1. Yokesh D

      Sure ! I have used it and got access in dec 2022 only

      Also amex travel platinum works as well

      Reply
    2. Arpit

      Yes, sbi cashback card gives access to 080 Lounge at level-1 Bangalore airport. Used in October/2022 month.

      Reply
  19. Mahesh S. Panicker

    Wanted to get this card on upgrade from my Simplyclick but was told that the bank is not offering any upgrade/downgrade to the Cashback card. Initially they weren’t even sure whether one could apply for this card if your other SBI card isn’t a co-branded one. Seems one can after all, but as a separate application. Would give another try soon. Thanks for the review Sid, has been really looking forward to your take…

    Reply
  20. Aman Madan

    I tried applying through the link provided by you but Journey is not proceeding further & is showing to remove the referral code

    Reply
    1. Siddharth Post author

      Please retry by EOD.

      Also note that SBICard don’t actually fulfil this referral benefit. I’ve not got any till date either. But you can escalate and get it done, most likely.

      Reply
  21. PM

    Thank you Sid!

    I was just looking for a card for income tax payment as Infinia is not going to give any reward points on it from next year.
    Saw this review and applied through your link. Verified through Digilocker, and was asked to check back within 12-24 hours.
    However within 4 hours, I got an SMS saying the card application has been successfully submitted. I just followed the ‘track’ link from the SMS to fill up some more details, including VKYC, and the virtual card was generated within few minutes !! No paperwork, No phonecalls. Never expected it to be so quick :-).

    Now, the limit is just 10K. I don’t have any other SBI card. What can be done to get the limit increased?

    Thanks in advance.

    Reply
    1. Siddharth Post author

      Oops, looks like Sprint is drunk!
      Please try escalating.

      Otherwise, getting another regular SBICard after few months and moving the limit here is the only option.

      Reply
  22. CMS

    What about Gold purchase?. Whether 5% is applicable for online gold purchase or online subscription to Gold purchase scheme.

    Reply
    1. Ravi

      I’ve been using this card to pay for monthly gold deposit scheme and been getting the cashback 🙂

      Reply
  23. Shivakiran

    Hi thala. I tried applying through your referral link (using my spouse’s credentials). But during the last step of step 1, sprint is throwing out an error message “Sorry, we are unable to validate referral code. You can continue without it.”. I’ve tried copy pasting the code manually as well but in vain. Please suggest. Need that ₹500 referral voucher.

    Reply
    1. Siddharth Post author

      Seems some were facing this issue past few hrs. But no idea on when it would get fixed. Please feel free to retry by EOD.

      Reply
      1. Rajesh KSV

        It failed for me as well couple of weeks ago when I tried to use my friend’s referral code.

        Reply
  24. Pragyan

    This is the smoothest and fastest card application process ever experienced. Literally card was generated within 5 minutes of authentication. Got limit of 1.17L as I already had 2 cards from SBI. Time to close some other cards.

    Reply
  25. Ravi

    I didn’t know that limit on one card could be transferred to other card! Can I request SBI to transfer 50-60% of limit from Prime to CB card as I am planning to close the Prime card soon?

    Reply
    1. Siddharth Post author

      Leave 10K on prime and move all to CB card before closing maybe. 🙂
      No restriction on % as of now.

      Reply
      1. GA

        That is right because the limit on the closed card may be lapsed and not transferred by default to the primary or active card. SBI shares the limit at the time of issuing new card but doesnt transfer back when that card is closed.

        Reply
  26. Tushar

    Hi Siddharth,

    Thank you for mentioning the option of transfer of limit from one existing card to another. I was able to transfer from Simplyclick to Cashback.

    Reply
  27. Ebrahim Pala

    Do merchant emi conversion is considered in annual spend for waiver of annual fees

    Reply
  28. Rajesh KSV

    I have been thinking how come you didn’t review this amazing card yet. I was almost about to mail you as well . Finally you reviewed it. Thanks!

    What do you mean by “The only downside is that you can’t use it on Amazon/Flipkart to avail the instant cashback, like with other SBICards.” – I used it on Flipkart on Dec 16 sale and I got 1500/- instant discount. By instant cashback, do you mean something else ?

    Reply
    1. Rajesh

      I believe he meant about the 5% cashback on online transactions. Instant cashback is something that comes from Amazon/Flipkart and is visible before the transaction is completed.

      Reply
  29. Ranjeet Choudhary

    Just completed the card application process in under 5 mins and got a very handsome limit.

    Reply
  30. pankaj

    I run a small business and have a substantial spend on rent and utility payments. I got the CB card last month and was experimenting with various apps. For utility, Amazon pay is giving 1 % while PAYZ gives 5 % (useful if more than 25k). But havent found any profitable rent pay app. I use redgirrafe as its the cheapest. Please let me know if any advises.

    Reply
  31. Prakhar

    Thanks Siddharth

    Seek your guidance for a weird problem I’m facing with my SBI cashback card

    They have levied rent processing charges on some online shopping transactions (like urban company, shopping from Nest Asia) and the customer care team is adamant that these are rent transactions and that they have no option for waiver of rent processing charges once applied.

    Have tried escalating to principal nodal officer but no luck. Any credible email i can mail to for getting support on this?

    Reply
  32. Mahesh Kumar Karumuri

    Who ever has this card and intermiles(earlier jetmiles) don’t redeem the miles directly for a voucher like 2900 points for 500₹, instead buy voucher using this cards and use intermiles for discounts like i used for 500₹ amazon pay voucher ₹475 from this card and 61 miles for ₹25 discount and got ₹23 cash back on this card. Just checked my transaction cashback and i am happy to share this. Even gyftr yono discount has only 3% discount, but this miles is better for few persons who can use for these cards

    Reply
    1. Mahesh Kumar Karumuri

      As noticed in SBI Card spend analyser it shows gyftr transaction as stationary, intermiles transactions as travel in categories

      Reply
  33. Easwaran

    I think the credit limit can be managed using the app. I had a simply save card but offline purchases reduced to almost nil. So I applied for simply click card through the app and it was approved instantly but with 20000 credit limit. I have 3.8lac limit on simply save card. I found out that I could increase the limit to 3.8 lac for simply click card but this will reduce the limit on simply save proportionately.

    Reply
  34. Rohit M

    A big drawback is this card is excluded for several sbi offers. During big billion days I could not get the 10 % general cash back on sbi on one of the sites. Saw it excluded on a few of the sites. Bad part is they don’t provide part Cashback also

    Reply
  35. Vivek Agrawal

    Just one question.
    I did a transaction of 1057₹ while paying my bill of simpl (BNPL). Now statement hasn’t been generated yet, but it shows the cashback earned as 1% of it as 10.57₹

    So does it count simpl bill payments as wallet load and only going to give 1% cashback, or does this thing happen for every online transaction and after statement generation they add 4% more cashback on online transactions.

    Reply
  36. Nilesh Kabra

    Getting 1% cashback on online grocery instead of 5%. I had transactions on Zepto & Bigbasket- both got 1%. Unable to get through SBI support.
    Is anyone else also facing this?

    Reply
  37. Rahul

    They keep blocking the card on gyftr due to Payu as a gateway.. I have written to senior management as well

    Reply
    1. Venkat

      Hi Rahul,
      I am also facing the same issue.
      You received any response from them?

      Reply
    2. Harsh

      Yes and gyftr is actually shown as an option in the sbi app itself but the card is blocked even if used thru the SBI app link of gyftr. Very strange.

      Reply
  38. hitesh

    how much cb (in %) we get for purchase of amazon gift voucher in amazon app?

    Reply
    1. balajic

      5%. As of now the gift cards bought in Amazon is considered as ecommerce goods.

      Reply
  39. Mahesh

    Card gets blocked at Gyftr. Payments get declined on JioMart and DMart. Card got blocked on JioMart. Customer care answers that you are using third party website. I understand if they have issues with Gyftr, but what’s the problem with Jiomart and DMart? Its hassle to unblock the card and the card app gets blocked (if you have other SBI Card to access) till the time this card is blocked.

    Only works smoothly on Flipkart and Amazon where ICICI Amazon / Flipkart Axis already provides 5% cashback. ICICI Amazon is free and Flipkart Axis is Rs. 499. Why pay 1000 bucks for this if it gets rejected at majority sites as of now? They seriously need to improve acceptability of this card, else they shouldn’t advertise the product as “Use it anywhere online and get cashback of 5% / 1%”

    Reply
    1. Bigbyte

      Even I faced issues with jio art and dmart and till date not a single payment was successful on either of these portals. Escalated issue to nodal officer but no solution.

      Reply
      1. Mahesh

        It’s working on Jiomart. First time the card got blocked, but did 2 successful transactions later. Currently Jiomart sale is going on and while making payment, it provided additional Rs. 100 discount on this card.
        There was no success on DMart. Although the card was not blocked, the payment failed.

        Reply
  40. Jithin

    Just to get this straight: If we want to pay our insurance premium using this card
    1. Purchase Amazon Gift vouchers on Amazon/Sbi Yono/Gyftr for the amount (5% cb or maybe 6.5% cb).
    2. Pay the bill for renewal premium for the insurance policy.

    For my mom’s LIC policy which is more than 30 days away I don’t see the option to pay the premium (see other posts online that mention that LIC advance premium payment is not possible more than 30 days before due date). I was thinking of using Amazon pay balance UPI to pay the premium on LIC’s website.

    Can I purchase the Gift card and add to my Amazon pay balance and then use that amount through UPI to pay the advance premium on LIC website?

    Reply
    1. balaji

      first add the LIC policy no in amazon pay. see if you get option to pay via giftcard balance. if it is, then purchase giftcards and add it to the amazon pay balance . then pay.

      Reply
  41. Manish Fageria

    Can anyone share the Toll Free sbi customer care number?
    18001801290 is not working (only ring goes, no one answer).
    Stdcode+39020202 is also not working since past 1 month.

    Reply
  42. balaji

    How to use yono app ? it is not allowing me to use it. i don’t have sb account with sbi. i have only the CC.

    Reply
  43. srikanth

    How much cash back (in %) do we get for LIC premium payment from the amazon app? Any other way to get more than cashback???

    Reply
    1. balaji

      all bills give you 1%. so better buy amazon gc and pay with it. so you effectively get 5%.

      Reply
  44. Vineeth

    I purchased Amazon Gift Card of Rs.5000 * 3 times.
    Upon contacting Customer care team, I got to know the first 2 gift voucher earned 5% (Rs.200) cashback, but third one earned only 1% (Rs.50). Strange but I think they are restricting Amazon gift voucher purchases also. Customer care lady told me that it is considered as bill pay.

    Reply
    1. balajic

      Seems to be a newly introduced change. How did you contact CC? I never get past thru the IVR .

      Reply
      1. Vineeth

        I never found it difficult to connect to CC. Dial 18601801290. Press 1 for 4 times as the answer for the questions. press 2 if asked for WhatsApp banking or missed call banking. Then date of birth in ddmmyyyy format. Then I guess press 9 for connecting to agent.
        Regarding Amazon GV, I think they are giving 1% now on purchase on Amazon. NPS giving 1%. FTHdaily wallet loading giving 5%. Now I have purchased Amazon GV from Yono sbi. Let me see how much cashback that I am going to receive on this transaction.

        Reply
        1. Balaji

          How to use yono app ? it is not allowing me to use it. i don’t have sb account with sbi. i have only the CC.

          Reply
  45. Ankush

    I got this card with mix of offline and online mode. 5% cashback seems more of gimmick but lets uncover this truth and lets not over rate this specially since we have Infinia and Ultimate and MRCC in my bucket
    Lets in this chat/comments try to list those website which donot give 5% despite purely online. This will give other users to avoid these website. I am making first attempt here
    1. URBAN CLAP I got 1% (infact less than 1% due to rouding off logic) only after 3 days of transaction. Will extra 4% appear after statement generation?
    2. I have did Redgirrafe ( coupon purchase not rent) yet to get casback
    3. Airtel Bill pay yet to get
    Pls list those website where yiu are sure you got 5% so we collaborate better as group

    Reply
    1. balajic

      Check the MCC for 5% in the TnC. I haven’t faced any issues. Moreover during Amazon fest I got double dip, i.e., 10% cashback offer and the regular 5% over it.

      1. UC -> Not clear. it might be considered as bill or wallet loading.
      2 Red -> .Most of the rents don’t yield any rewards these days.
      3. Airtel -> bills and standing instructions give just 1%

      Reply
      1. Deepak Kumar

        4. NPS Tier 1 payment –> 1%

        I prefer SC Ultimate and will close SBI cashback card.

        Reply
      2. Ghost5581

        Didn’t you get penalised for this double dip eventually. SBI is literally silently adding debits to every card statement since months and for cashback since December without highlighting the exact transactions they are re billing users over.

        Reply
        1. Deepak Kumar

          I had a similar experience with SBI Card. At the time of closing the Prime card they even forfeited all the remaining reward points (small number
          though) against some cashback offer.

          Reply
        2. Balaji

          This month’s statement had it. It seems double dips are not allowed.

          Reply
        3. Jack Sparrow

          Yes, even this happend with me.
          As per their reply any transaction which has got instant discount during sale/offer will not be eligible for cashback.
          However they missed to include this any T&C.

          Reply
    2. Harsh

      I think its important to understand that we should be comparing similar kinds of card and infinia and ultimate is not same category.. Lot of people may not have access to infinia and ultimate or may not be interested in paying annual charge or using reward points to buy shopping vouchers at full price. This card gives reward in the form of monthly cashback without having to do anything further so its super convinient. Also its free for first year and gives 100% fee waiver options. So it works well for most people. I have been using since only a month and have got more than 1500 cashback already which is a pretty good deal.
      MRCC – I have this as well and its food till certain limit but issue is low acceptance of amex in offline mode and also few online mode and also the number of transaction and value of transaction needs to be managed so it becomes complicated.
      Ultimate – I already have LTF titanium which gives 4% on fuel so decided to get sbi cashback instead of ultimate.
      Infinia – haven’t tried.

      So far have got (around) 5% on all the usual online transactions like amazon, amazon shopping voucher, offline store shopping voucher, food delivery, eazydiner, myntra, online medicine, uber etc . Haven’t tried urban company or bill payment though.

      Reply
  46. S.Tanna

    I applied using your referral link and got the card yesterday..
    🙏

    Reply
  47. Mohit Chechani

    I applied using your referral link and got the virtual card with limit of 20000.
    Will ask customer care to transfer limit from other SBI card to this one.

    One question
    Will it give 5% cashback on bill payment via amazon?

    Reply
  48. Balaji

    With immediate effect, Reward Points accrued on transactions eligible for Instant Discount and Cashback offers will be forfeited, as per offer Program Term and Condition.

    Reward Points will be forfeited for all transactions done during offer period and considered for Offer Computation.

    In case Cardholder does not have adequate Reward Points balance at the time of forfeiture, an amount equal to the deficit in the reward points will be debited from the card account.

    Reply
    1. Harsh

      So if u buy during 10% discount then what gets reversed in the next month…. Is it the 10% discount or 5% card cashback?

      Reply
  49. AYUSH AGRAWAL

    Hey I already have a SBI Prime credit card that I have been using since end of 2021. I have approx. 12000 points at the moment in SBI Card Reward Points but it seems like I can only redeem it in the SBI Portal? And the rewards/vouchers are so terrible.

    For ex: A Blaupunkt SBA20 Soundbar is for 9950 Points (of 5000 points + ₹2000), whereas the product is available for ₹1500 online.

    Should I close the SBI Prime card, it feels pretty useless with such redemption of points.

    Reply
    1. Deepak Kumar

      For Prime, you could redeem them for cash and get a statement credit (12000/4 –> Rs 3000). Redemption charges of Rs 99 + GST would apply.

      Reply
        1. Vineet

          Yes Siddarth, I had done it when I had the card a year back. Then I promptly closed it.

          Reply
        2. Niju

          SBI Allows for Credit to Card Account redemption for Prime cards, did that just before closing the card a few months back.

          Reply
  50. Sagar

    Your SBI Card Application is in progress. We will get back to you soon.

    This message comes from last two days(may be due to weekend off) while checking to status. How many more days to approve application. Can anybody experienced the same or guide in this regards?

    Reply
  51. Ravi

    I applied and just after doing digilocker verification got message that card in progress with some credit limit.
    I am not able to fill professional details after that as it is giving error.Is it required to fill professional details

    Reply
  52. Roshan

    New users are getting Card Instantly, I had a SBI Card it took 7 days for my approval the Limit got split between the old and CB.

    Reply
  53. balajic

    The card is cutting some loose ends. Additional cashback is not offered anymore and is getting forfeited if rewarded. Also Simpl bill payment used to 5% earlier, now its only 1%.

    Reply

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