SBI Cashback cashback rate, cap and annual fee
SBI Cashback pays 5% on online and delivery — on the first INR 40,000 you spend on it each month, which is where the INR 2,000 cap stops it. The card costs INR 999 a year.
SBI Card · India · catalogue v101
Read from SBI Card's own published terms on 17 Aug 2026.
INR 999Annual fee
INR 4,000Cap across the whole card
5%Best rate
What it pays, by category
| Spending | Rate | Monthly cap |
|---|---|---|
| online and delivery | 5.00% | INR 2,000reached at INR 40,000 of spendAll online spend, not a partner list. ₹2,000 cap per statement cycle. |
| everything else | 1.00% | INR 2,000reached at INR 200,000 of spendOffline and in-store spend. Separate ₹2,000 cap per cycle. |
| fuel | None | —Fuel earns nothing. SBI's FAQ excludes it from cashback entirely, and this is a rule at zero rather than a missing rule so the card is not credited wi |
The default recommendation for most people in this market: a flat online rate rather than a partner list, so there is nothing to remember at checkout. The ceiling is ₹2,000 on online spend and ₹2,000 on offline, ₹4,000 combined per statement cycle. Fuel earns no cashback at all, a 1% surcharge waiver applies instead, capped at ₹100 a cycle. SBI's FAQ points to the full terms for the rest of the exclusion list, which is reported to include utilities, rent, education, insurance, wallet loads, gift cards, jewellery and government payments; treat those as unrewarded until you have checked your own statement. Source: sbicard.com FAQ, checked 17 Aug 2026.
Questions people ask
What cashback does the SBI Cashback pay?
5% on online and delivery and 1% on everything else.
Is there a cap on the SBI Cashback?
Yes — INR 4,000 a month across the whole card, however you split your spending.
What is the annual fee on the SBI Cashback?
INR 999 a year.
Knowing the rate is not the same as remembering it
PayperWIZ holds the cards you actually own and names the right one at the till — after the cap you have already used this month, and after the foreign-currency fee. It works offline and never connects to a bank.
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