Utility bill payments fetch just a 1% cashback. A-la Zomato Edition credit card, 10% birthday cashback offer. This, in my opinion, means that the 5% cashback feature will continue for a long time and won’t be pulled back in a jiffy. Within online spends utility bill payments, rent payments, wallet loads and merchant EMIs are excluded from 5% cashback. That is not all, the cashback reflects in your next card statement. That’s a whopping max cashback of 10,000 every month. What it means is that all online spends of up to 200,000 per month are eligible for 5% cashback. The highlight of this card is the no-nonsense reward structure and the 5% cashback on online spending with a liberal cap of 200,000 spends per month. SBI Cards has created quite a buzz on social media with the launch of the SBI Cashback credit card.
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