What are the annual fees for Cashback SBI Credit Card and SBI ELITE Credit Card?

Cashback SBI Credit Card has ₹999 + GST. SBI ELITE Credit Card has ₹4,999 + GST. Fees are shown before 18% GST, which is added on the bill.

What base reward rate does each card earn?

Cashback SBI Credit Card earns about 1% on general spends; SBI ELITE Credit Card earns about 0.5%. Category and partner rates may differ — see the table above.

Do online and offline rewards differ between them?

Cashback SBI Credit Card: 5% online / 1% offline. SBI ELITE Credit Card: same rate online and offline.

What is the forex markup on each card?

Cashback SBI Credit Card: 3.5%. SBI ELITE Credit Card: 1.99% (plus 18% GST on the markup).

Do both cards include airport lounge access?

Cashback SBI Credit Card: none specified. SBI ELITE Credit Card: yes — see the lounge row above for limits.

Card Comparison

Cashback SBI vs SBI ELITE

Cashback SBI vs SBI ELITEcompared side by side on fees, reward rates, caps, exclusions, and eligibility — weigh each against how you actually spend.

Cashback SBI

SBI Card

Fee₹999+GST

Eff. rate1%

Cap₹4,000

Fee

₹999+GST

Eff. rate

Cap

₹4,000

SBI ELITE

SBI Card

Fee₹4,999+GST

Eff. rate0.5%

Cap₹10,000

Fee

₹4,999+GST

Eff. rate

0.5%

Cap

₹10,000

Quick take

How they compare

Cashback SBI and SBI ELITE suit different spending patterns, so the right pick depends on where and how much you spend. The key difference: 1% effective rate vs 0.5%. Use the table below to weigh fees, reward rates, caps, and exclusions against your own usage.

At a glance

Cashback SBI

Annual fee: ₹999 + GST
Everyday rate: 1%
Monthly cap: ₹4,000/mo

Notable strengths

Strong online-shopping rewards (up to 5%)
Direct cashback — nothing to redeem

SBI ELITE

Annual fee: ₹4,999 + GST
Everyday rate: 0.5%
Monthly cap: ₹10,000/mo

Notable strengths

Low forex markup (2.0%)

Each card's own strengths — not a ranking. Weigh them against where you actually spend.

49 specs · 12 sections

Cashback SBI

SBI ELITE

Feature

Cashback SBI

SBI ELITE

Annual Fee

₹999

₹4,999

Joining Fee

₹999

₹4,999

Fee Waiver Spend

₹2,00,000

₹10,00,000

Forex Markup

3.5%

1.99%

Reward Type

Cashback

Reward Points

Base Rate

0.5%

Online Rate

0.5%

Offline Rate

0.5%

Effective Base Rate

0.5%

Point Value

₹1

₹0.25

Redemption Quality

HIGH

MEDIUM

Best Redemption

₹1

₹0.25

Worst Redemption

₹1

₹0.15

Grocery / Supermarkets

5% online / 1% offline

2.5%

Fuel / Petrol / Diesel / CNG

0% (Excluded)

Restaurants / Dine-in

5% online / 1% offline

2.5%

Flights, Hotels, OTAs, Tour Operators

5% online / 1% offline

0.5%

Other Retail / Catch-all

5% online / 1% offline

0.5%

Monthly Cap

₹4,000

₹10,000

Est. Annual Cap

₹48,000

₹1,20,000

Total Excluded

12 categories

4 categories

Railway / Train Tickets

Excluded

Earns rewards

Highway Tolls / FASTag

Excluded

Earns rewards

Gold / Jewellery

Excluded

Earns rewards

Electricity, Water, Gas, Internet, DTH, Mobile Recharge

Excluded

Earns rewards

Domestic Visits/Year

None

International Visits/Year

None

Priority Pass

Yes

Est. Annual Value

—

₹8,470

Forex Markup

3.5%

1.99%

Description

—

E-gift vouchers worth â‚¹5,000 from Yatra, Aditya Birla Fashion, Hush Puppies/Bata, Pantaloons, or Shoppers Stop

Estimated Value

—

₹5,000

Fuel Surcharge Waiver

Yes

Best Suited For

Online Shopping, Cashback

Movies, Travel, Dining, Grocery

Min Income

₹30,000/month

₹60,000/month

Income Proof

Not required

Secured FD

Accepting Applications

Yes

Network

Visa

Visa, Mastercard

Card Tier

Classic

Premium

Still weighing your options?

Other popular matchups to line up against your shortlist.

Frequently asked questions

What are the annual fees for Cashback SBI Credit Card and SBI ELITE Credit Card?: Cashback SBI Credit Card has ₹999 + GST. SBI ELITE Credit Card has ₹4,999 + GST. Fees are shown before 18% GST, which is added on the bill.
What base reward rate does each card earn?: Cashback SBI Credit Card earns about 1% on general spends; SBI ELITE Credit Card earns about 0.5%. Category and partner rates may differ — see the table above.
Do online and offline rewards differ between them?: Cashback SBI Credit Card: 5% online / 1% offline. SBI ELITE Credit Card: same rate online and offline.
What is the forex markup on each card?: Cashback SBI Credit Card: 3.5%. SBI ELITE Credit Card: 1.99% (plus 18% GST on the markup).
Do both cards include airport lounge access?: Cashback SBI Credit Card: none specified. SBI ELITE Credit Card: yes — see the lounge row above for limits.

Reviewed by WhichWise Editorial Team. Each card's data is verified against the issuer's official terms.

Sources: SBI Card - Cashback SBI · SBI Card - SBI ELITE