SBI Card Guidelines: Nowadays, credit cards are handy for everything from shopping to bill payments and online purchases. Cashback cards, in particular, have gained popularity as they provide a small reward on every transaction. However, if you own an SBI Cashback Credit Card, it’s important to exercise some caution.
Starting April 1, 2026, significant changes regarding this card will take effect. These changes will directly affect your cashback and rewards. In the past, you enjoyed higher benefits on every purchase, but now a limit has been set. Therefore, if you keep using the card without being aware of these updates, you might incur losses.
Changes to cashback limits
The most significant alteration to SBI’s Cashback Credit Card is the cashback limit. Previously, you could earn a maximum of ₹5,000 in cashback per statement cycle, but this limit has now been lowered to ₹4,000. This means you’ll receive less benefit than you did before. If you tend to spend a lot, this change will have a direct effect on your savings.
Previously: Maximum cashback up to Rs 5000
Now: Up to Rs 4000 cashback
Net benefit: Up to 20% reduction
Effect: Savings for high spenders will decrease
New rule: Regardless of your spending, cashback will only be available up to the specified limit.
This indicates that now, no matter how much you spend, your benefits will only reach a certain limit, making it more crucial than ever to plan your expenses and card usage.
Changes in cashback limits for online and offline transactions
The cashback rate on credit cards remains unchanged, but limits have been introduced. While higher spending used to yield greater benefits, now each category has a cap. This means your total cashback will not surpass a certain limit.
Online spending: 5% cashback
Online Limit: Maximum Rs 2000
Offline spending: 1% cashback
Offline Limit: Maximum Rs 2000
Total cashback: Maximum Rs 4000 per month
Now, whether you spend more online or offline, you won’t receive a cashback of more than Rs 4,000 combined. This means that the benefits are now completely limited and you won’t have the same open earnings as before. Along with cashback, the rules for reward points have also changed. You will no longer be able to redeem your points in any amount. After April 1st, you will be required to redeem in multiples of 4,000 points. Furthermore, a maximum of 60,000 points can be redeemed per month.
How to redeem reward points?
The redemption method remains the same, with no changes. You will need to use the SBI Card app.
Login to SBI Card App.
Go to the ‘More’ option below
Open the ‘Rewards’ section
Click on the ‘Redeem’ option
Select the voucher or product of your choice
Complete the redemption by checking out
