Flat cashback for everyday spenders
Independent comparison platform. Not affiliated with State Bank of India. Full disclaimer
Base earn rate
1 pts per ₹100
Domestic
0visits / year
International
Not included
Late payment
| Outstanding amount | Late fee |
|---|---|
| ₹0 – ₹100 | Nil |
| ₹100 – ₹500 | ₹100 |
| ₹500 – ₹1,000 | ₹500 |
| ₹1,000 – ₹10,000 | ₹750 |
| ₹10,000 – ₹25,000 | ₹950 |
| ₹25,000 – ₹50,000 | ₹1,100 |
| Above ₹50,000 | ₹1,300 |
Additional features
No rewards on
Utilities · Insurance · Fuel · Rent · Wallets · Education · Jewellery · Railways
Remaining 80% of spend earns the 1% base rate.
Rewards / year
₹10,800
≈ 1.80% effective
Annual fee
₹0 (waived)
waived at ₹2,00,000/yr spend
Net steady-state return
+₹10,800/year
Strong fit at this spend
At ₹50,000/month, rewards outrun the fee by ₹10,800 a year.
One-time joining fee (year 1 only): ₹999
One-time welcome benefit — Welcome gift conditional on annual-fee realization; value only in image-only brochure (not extractable)
Based on published rates as of 2026-08-07. Rewards estimates, not guarantees.
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