When it comes to shopping, whether online or offline, many people prefer to avoid cash transactions and instead take advantage of reward opportunities through credit card use. Against this backdrop, SBI has just launched a new card option, the SBI Cashback Card, to its card roster.
The SBI Cashback Card is designed to improve the shopping experience by providing cashback rewards on online and offline purchases. This new addition to the SBI card portfolio strives to meet the changing demands of users who desire both convenience and financial benefits.
The reward SBI Card offers a variety of incentives, ranging from customisable reward possibilities to fee exemptions and fuel surcharge waivers.
Lucrative Cashback Offers:
- Earn a substantial 5% reward on all online purchases with no merchant restrictions.
- Get 1% cashback on offline purchases, rewarding you for both digital and traditional purchases.
Exclusions From Cashback For Prudent Spending
- The cashback is not available on some transactions, such as Merchant EMI and Flexipay EMI, as well as categories such as Utility, Insurance, Fuel, Rent, Wallet, School & Educational Services, Jewelry, Railways, and so on.
Reversal of Spend-Based Fees
- Receive a fee waiver on yearly spending of Rs. 2 lakhs, guaranteeing that your loyalty is rewarded financially.
Waiver of Fuel Surcharge
- Enjoy a 1% fuel fee waiver on purchases ranging from Rs. 500 to Rs. 3,000 (excluding GST and extra taxes) at all petrol outlets in India.
- You can save up to Rs. 100 per credit card account statement cycle.
EMI Balance Transfer
- Reduce your credit card expenditures by moving outstanding amounts from credit cards issued by other banks to your CASHBACK SBI Card.
- Obtain a cheaper interest rate and the ease of repaying in EMIs, allowing you to save money while successfully managing your credit commitments.
