Cashback SBI Card

• Online — ₹2,000 / statement (shared cap — Online)
• Offline — ₹2,000 / statement (shared cap — Offline)
• All — ₹4,000 / statement (aggregate (all categories))

• Rent — Not eligible. No cashback on rent / property management (MCC 6513, 7349).
• Education — No cashback.
• Insurance — No cashback.
• Utilities — No cashback.
• Fuel — No cashback.
• Government — No cashback.
• Wallet — No cashback.
• Railways — No cashback.
• Jewellery — No cashback.
• Telecom — No cashback.

• Spend ₹2,00,000 per card year → benefit worth ₹999 — Annual fee waiver: the renewal fee is waived on annual spends of Rs.2 Lakh or more in the preceding year. Source: SBI Cards - Most Important Terms & Conditions, Section 1.A Annual Fees & Renewal Fees (fee table, pages 1-11).

Bank eligibility / internal underwriting

• Payment network: Visa
• Airport lounge: Not recorded by DhanChakshu — check the issuer terms
• Fuel surcharge waiver: 1% fuel surcharge waiver at all petrol pumps in India on fuel transactions of ₹500 to ₹3,000, maximum ₹100 per billing statement per credit card account.
• Foreign-currency markup: 3.5% foreign-currency markup — Charged on every foreign-currency transaction (Cashback SBI Card). The exchange rate is determined by the network (VISA/Mastercard etc.) on the date the transaction is settled with SBI Card.

• Card Cashback is credited directly to your SBI Card account within two working days of the statement being generated.
• Online spends are identified from the online indicators sent by the card networks (Visa, RuPay etc.) and the acquirer; any transaction not categorised as online is treated as offline. Merchant category codes are defined by the networks and can change without notice to cardholders.
• No cashback on purchases at petrol pumps and service stations, balance transfers (including balance transfers on EMI), cash advances, financial charges (late payment fee, dishonoured cheque charges, service fee, transaction charges), disputed transactions, Encash, ATM withdrawals, payments made through Standing Instructions or Fetch and Pay on SBI Card platforms, Flexipay transactions and merchant EMIs.
• No cashback on digital gaming platforms/merchants (MCC 7993, 7994, 5816), card, gift, novelty and souvenir shops (MCC 5947) and member financial institution / quasi-cash transactions (MCC 6011, 6012, 6051), in addition to the categories listed in the table.
• Cashback reversed on a Flexipay or merchant EMI is credited back only if the cardholder successfully cancels that EMI; on foreclosure no cashback is credited back.
• Example from the terms: ₹45,000 of spends in a statement month (online ₹35,000, of which ₹10,000 is an EMI purchase; offline ₹10,000) earn 5% of ₹25,000 + 1% of ₹10,000 = ₹1,350.
• SBI Card identifies eligible and non-eligible transactions on a best-effort basis, which may be limited by technical constraints.

• Renewal fee ₹999 plus applicable taxes from the second year onwards, reversed if annual spends in the last year are ₹2,00,000 or more
• Over-limit fee: 2.5% of the amount above the credit limit or ₹600, whichever is higher, charged once per billing cycle
• Payment dishonour fee: 2% of the payment amount, subject to a minimum of ₹500
• Cheque payment fee ₹200
• Card replacement fee between ₹100 and ₹250 depending on the card variant

2 areas need further verification. None of these are counted as zero.

• • FASTag — depends on how the transaction is processed
• • Lounge benefit — not recorded; check the issuer terms