SBI offers two types of benefits on its credit cards—cashback and reward points. Both help you save money, but many people don’t know which one gives better value.
This guide explains the difference and helps you choose the right option based on your spending pattern.
What Is Cashback on SBI Credit Cards?
Cashback means a direct amount returned to your credit card account after making transactions.
You get:
- Instant savings
- Automatic credit in the next bill
- No need to redeem anything
Cashback cards are ideal for people who want simple and direct savings.
What Are Reward Points on SBI Credit Cards?
Reward points are earned on every eligible transaction.
You can redeem these points for:
- Gift vouchers
- Travel bookings
- Fuel
- Merchandise
- Fee waivers
Reward points work best for people who want flexibility and maximum benefits.
Key Differences Between Cashback and Reward Points
1. Ease of Use
- Cashback: Auto-credited, no action needed
- Reward Points: Need to redeem through rewards catalogue
2. Value
- Cashback: Fixed value
- Reward Points: Value varies based on redemption (travel usually gives the best value)
3. Best For
- Cashback Users: People who want straightforward savings
- Reward Points Users: People who shop or travel frequently
Which SBI Cards Offer Cashback?
Some SBI cards offer direct cashback. For example:
- SBI Cashback Card (straightforward cashback structure)
- Cashback cards are great for users who want simple benefits without managing reward points.
Which SBI Cards Offer Reward Points?
Most SBI cards offer reward points, including:
These cards give high value when redeemed smartly—especially for travel or vouchers.
Which Option Gives Better Value?
It depends on how you use your credit card:
Choose Cashback If You:
- Prefer simple, automatic savings
- Don’t want to manage reward points
- Spend mostly on online shopping or daily purchases
Choose Reward Points If You:
- Travel frequently (flights/hotels)
- Want high-value vouchers
- Spend more on categories like fuel, dining, lifestyle
Example to Understand Better
If you spend ₹10,000:
- Cashback Card: You may get ₹100–₹200 direct cashback
- Reward Points Card: You may earn points worth ₹150–₹300 when redeemed for travel or vouchers
So, reward points can give higher value, but cashback is easier and instant.
Final Verdict
Both options are good—but the better one depends on your lifestyle:
- Cashback = Simple & Quick Savings
- Reward Points = Higher Benefits & Flexibility
If you want ease, go for a cashback SBI credit card.
If you want maximum value, choose an SBI reward points credit card.