Cashback SBI Card Benefits: State Bank of India, the country’s largest bank, has launched a great credit card (SBI Credit Card) for its customers. Its name is Cashback SBI Card. Through this card, you will definitely get 5% cashback (5% Cashback on Shopping) on any online shopping site. There will be no merchant restriction in this.
The bank claims that this card has many benefits such as card holders can now easily avail up to 5 percent cashback by shopping from any website without any merchant restrictions. Also, customers get the benefit of this cashback on offline shopping as well. In such a situation, you can get the benefit of cashback on every purchase without any condition of the company.
Auto-credit cashback facility will be available in the card
The bank has said that if the customer will get a cashback of 1% on the purchase of less than Rs 1,000. On the other hand, you will get 5 percent cashback on purchases above Rs 1000. In this card, customers get Auto Credit Cashback Facility. In such a situation, the amount of cashback will come in your account within two days of shopping.
While launching this card, SBI MD and CEO Ram Mohan Rao Amara said that the cashback will help strengthen the portfolio of SBI Card customers. It has been launched very thoughtfully by the bank. With this card, customers will get a chance to earn cashback after every purchase. In such a situation, in this season of festival, customers will get tremendous benefit from it.
How much will be charged annually
On purchasing the cashback SBI card, you will have to pay a renewal charge of Rs 999 in a year. Through this card, customers can shop up to Rs 2 lakh every year. If you shop up to Rs 2 lakh in a year, then you will not have to pay the renewal fee of this card. On this card, you will also get the benefit of 1% cashback on fuel surcharge.