Who says you can’t have your cake and eat it too? With an SBI Cashback Credit Card, you can get the best of both worlds—the convenience of a credit card and the savings of a cashback card.
These cards offer a unique opportunity to maximize your rewards on everyday purchases by earning points without sacrificing your ability to use your credit card. Plus, with a 0% annual fee, you don’t have to worry about paying extra for your rewards.
Whether you’re looking to save on gas or groceries, or just want to reward yourself for everyday purchases, an SBI Cashback Credit Card is the perfect way to make the most out of your spending. In this article, I’ll tell you more about what this card has to offer and how to make the most out of it.
1. Introduction to SBI Cashback Credit Cards
Are you looking for a credit card that rewards you while also giving you great deals? Then you should look into SBI Cashback credit cards. These cards are the perfect blend of convenience and rewards, giving you the best of both worlds.
With an SBI Cashback credit card, you can earn cashback on all your purchases. Whether it’s groceries, dining out, travel expenses, or simply shopping for everyday items – every purchase can earn you cash back. Even better, the cashback rate increases with higher spending levels, so the more you spend the more cashback you get!
These cards also come with a range of other benefits including reward points for online shopping, discounts at partner stores and restaurants, access to exclusive offers on lifestyle purchases, and zero annual fees. Getting an SBI Cashback credit card is a simple and rewarding way to save money on your everyday purchases.
2. Advantages of an SBI Cashback Credit Card
With an SBI Cashback Credit Card, you get the best of both worlds—the convenience of a credit card and the rewards of cash back. That means you’ll get back a certain percentage of your spending as cash rewards.
There are several advantages to getting an SBI Cashback Credit Card:
- You get to enjoy exclusive discounts and offers at a range of selected merchants.
- You’ll earn up to 1% cash back on all eligible purchases made with your card, with no limit on how much cash back you can earn.
- You also get an additional 1% cash back on all online grocery purchases.
- There’s no minimum spend required for earning your cash rewards.
An SBI Cashback Credit Card is the perfect way to make sure that for every rupee you spend, you get something back in return. So why not make the most out of your spending and get rewarded for it?
3. How SBI Rewards Cashback Credit Card Works
Are you ready to get the best of both worlds? With the SBI Cashback Credit Card, you’ll get rewards and cashback on eligible purchases.
Here’s how it works: with every purchase of goods or services, you’ll receive a percentage of cashback, depending on the type of purchase. Here are just a few of the rewards and cashback options available:
- 5% Cashback on all online spending (up to Rs.500)
- 10% Cashback on reserved flight tickets
- 10X reward points on international spends
- 5% Cashback on utility bills (up to Rs.100)
- 1 Reward Point per Rs. 100 spent at select stores
Plus, you can use your card abroad without additional charges and rest easy knowing that your credit card is safe from fraud with contactless technology and zero-liability protection.
With the SBI Cashback Credit Card, you don’t have to choose between getting rewards or cashback—you can have both!
4. Features of the SBI Cashback Credit Card
Do you want the best of both worlds? If so, then an SBI Cashback Credit Card might be exactly what you’re looking for! This unique card offers a range of features that make it a great choice for savvy shoppers.
Cashback Rewards
First up, there are the cashback rewards – which are the biggest draw of this credit card. You get 1% cash back on all purchases, no matter where or when you use your card. Plus, there are additional offers on certain categories of purchases such as restaurants, groceries, and movies.
Other Benefits
In addition to cashback rewards, the SBI Cashback Credit Card also comes with:
- 0% foreign transaction fee
- The competitive interest rate on balance transfers
- Up to 50 days of interest-free credit
- A variety of complimentary insurance benefits such as travel insurance and mobile phone insurance
The SBI Cashback Credit Card combines great value with convenience and security, making it an attractive choice for anyone who wants to make more out of their spending.
5. Other Benefits of the SBI Cashback Credit Card
The SBI Cashback Credit Card isn’t just about getting cashback – there are several other great benefits you can take advantage of.
Low annual fee
With an annual fee of only Rs. 499, it’s one of the most cost-effective cards on the market. So you won’t have to worry about breaking the bank when it comes to fees.
Maximum Reward Points
Earn up to 5% cashback on all daily spending like groceries and utility bills. That’s up to 10X Reward points per Rs. 100 spent, so you’ll be able to make the most of your money.
High withdrawal limit
You can withdraw up to 90% of your available credit limit, with a minimum withdrawal amount of Rs. 500 and a maximum amount of Rs. 10,000 per day. So you’ll have plenty of options when it comes time to use your card for large purchases or emergencies.
And with attractive features like zero liability on lost cards, same-day EMI conversion, and international usage acceptance, the SBI Cashback Credit Card is truly a great choice for anyone looking for both convenience and rewards in one package.
6. Important Considerations When Choosing an SBI Cashback Credit Card
It’s important to consider all of your options before choosing an SBI cashback credit card. Here are a few key things to keep in mind before you apply:
Choose the best card for your spending habits
With the range of SBI cashback credit cards, you’ll want to make sure you pick one that best suits your spending habits. If you’re an avid traveler, the SBI Prime Select Credit Card offers up to 3.3% cashback rewards on international and domestic travel expenses.
On the other hand, if you’re a frequent online shopper, then opt for the SBI SimplySAVE Credit Card instead and get up to 10% cash back on all online spending, including those made with Amazon and Flipkart.
Understand the fees and interest rates
Every credit card comes with fees like annual fees and late payment charges. It’s essential that you understand what these fees are before applying for a card so that you don’t end up spending more than necessary. In addition, take note of the interest rate: if you plan to carry an outstanding balance from month-to-month then it’s important to choose one with a lower rate so that you don’t pay too much in interest over time.
Examine the other features
Your SBI cashback credit card will come with more benefits than just those related to cash-back rewards. Look at what else is included in your package and make sure it meets your needs—does it offer insurance coverage? What about lifestyle perks? Does it offer extra security features like fraud protection? Make sure you take all these factors into consideration when making your decision.
Conclusion
In short, the SBI Cashback Credit Card is a fantastic option for those who are looking for a credit card that offers great rewards, low-interest rates, and a high cashback rate.
This card is an excellent way to enjoy the best of both worlds–the convenience of a high-quality credit card and the value of a cashback reward program–without having to sacrifice one for the other.
With its wide range of features, benefits, and rewards, this is a great credit card for those who want to make the most out of their spending.
