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SBI Card Cuts Cashback Cap to Rs 4,000 - What’s the Scoop?

SBI Card Cuts Cashback Cap to Rs 4,000 - What’s the Scoop?

Yo, check it, SBI Card’s changin’ the game on April 1. They droppin’ that cashback cap from Rs 5,000 to Rs 4,000, so keep it real, G. Online spends still givin’ you 5% back, but only up to Rs 2,000, and offline? Just 1% to Rs 2,000. Plus, they cuttin’ out cashback on digital games and tolls, so plan your spendin’ like a boss.

Quick rundown

  1. SBI Card reduces maximum cashback limit from Rs 5,000 to Rs 4,000.
  2. Online and offline spending cashback caps set at Rs 2,000 each.
  3. New exclusions include digital gaming, tolls, and government transactions.
  4. Reward points redemption now requires fixed slabs of 4,000 points.
  5. Users must plan spending to maximize cashback under new rules.

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