SBI Card launches ‘Cashback SBI Card’

According to a press statement, consumers across India including Tier 2 and 3 cities can apply for ‘Cashback SBI Card’ from the comfort of their homes through the digital application platform ‘SBI Card Sprint’.

According to the company, the contactless card is free as a special offer in the first year till March 2023. It said, ‘Cashback SBI Card’ customers will earn an unlimited 1% cashback on all spends, and the cashback will increase to a maximum of 5 percent on all online spends. 10,000 per monthly statement cycle. “Its merchant agnostic nature ensures that customers are not limited to shopping with just a few merchants to reap the benefits. ‘Cashback SBI Card’ comes with auto-credit of cashback facility which allows automatic credit of entitled cashback to SBI Card account within two days of statement generation,” the press release added.

Speaking at the launch, Ram Mohan Rao Amara, MD & CEO, SBI Card said, “Cashback SBI Card will further strengthen our core card portfolio. We have consciously designed the ‘Cashback SBI Card’ which enables customers to avail cashback on every purchase, every time and everywhere. The launch of this unique card is at an opportune time as customers can experience its power every day and make the most of it during the upcoming festive season.”

Card features include: four complimentary domestic airport lounge visits per year (one visit per quarter); The card also offers 1% fuel surcharge waiver which is . Valid for transaction amounts ranging from from 500 3,000, with a maximum surcharge exemption limit 100 per month per billing statement for each credit card account; The card has an annual renewal fee 999 plus applicable taxes; ‘Cashback SBI Card’ users can enjoy renewal fee reversal on reaching the milestone 2 lakh annual expenditure during the card subscription year; ‘Cashback SBI Card’ is available on the Visa platform.

post your comment
first article