SBI Cashback vs YES Bank Elite+ Credit Card Compared
Which credit card suits you? Side by side on the numbers that decide it. A blank means the provider has not published that figure, not that it is zero. Data last verified: 11 October 2026.
| Feature |  SBI Cashback Credit CardState Bank of India5 recent changes → |  YES Bank Elite+ Credit CardYes Bank5 recent changes → | |
|---|---|---|---|
| Rewards by spend | |||
| Rewards | 1% base, up to 5% on online shopping | 0.6% base, up to 1.2% on online shopping | |
| UPI payments (scan and pay)same | Earns nothing | Earns nothing | |
| Online shopping | 5% | 1.2% | |
| Dining and food delivery | 1% | 0.6% | |
| Groceries | 1% | 0.6% | |
| Travel: flights, hotels, trains | 1% | 0.6% | |
| Fuelsame | Earns nothing | Earns nothing | |
| Bills and recharges | Earns nothing | 0.4% | |
| Rentsame | Earns nothing | Earns nothing | |
| Insurance premiumssame | Earns nothing | Earns nothing | |
| School and college feessame | Earns nothing | Earns nothing | |
| Wallet top-upssame | Earns nothing | Earns nothing | |
| Taxes and government paymentssame | Earns nothing | Earns nothing | |
| Spend abroad or in a foreign currency | 1% | 0.6% | |
| Everything else | 1% | 0.6% | |
| Card identity | |||
| Card typesame | Shopping | Shopping | |
| Network | Visa | Mastercard | |
| Card tiersame | Mid | Mid | |
| Fees | |||
| Joining feesame | ₹999 + GST | ₹999 + GST | |
| Annual feesame | ₹999 + GST | ₹999 + GST | |
| Fee waived atsame | ₹2,00,000 | ₹2,00,000 | |
| Eligibility | |||
| Min age | - | 21 years | |
| Max age | - | 60 years | |
| Employment type | BOTH | - | |
| Min monthly salary | - | ₹1,00,000 | |
| Min credit score | 650 | - | |
| Rewards | |||
| Reward type | Cashback | Reward points | |
| Point value | ₹1 | ₹0 | |
| Fuel surcharge | |||
| Fuel surcharge waiversame | Yes | Yes | |
| Fuel waiver cap | ₹100 | ₹125 | |
| Lounge access | |||
| Domestic lounge visits | - | 8 | |
| International lounge visits | - | 3 | |
| Lounge condition | - | Spend Rs 50,000 in the previous quarter for domestic lounge access | |
| Forex and international | |||
| Forex markup | 3.5% | 3% | |
| Interest and charges | |||
| Interest rate (monthly) | 3.75% | 3.99% | |
| Interest rate (annual) | 45% | 47.88% | |
| Redemption | |||
| Redemption fee | - | ₹100 | |
| Page content | |||
| Eligibility | Age: 21 to 65 years Employment: Both salaried and self-employed individuals Minimum Income: Rs 30,000 Credit Score: 650+ with no delayed payments in the past 12 months New-to-Credit: Allowed only for salaried applicants | - | |
| Documents needed | ID Proof: PAN Card/Form 60 Address Proof: Aadhaar, Passport, or utility bills Income Proof: Bank statements or salary slips Photograph: Recent passport-sized photo | - | |
| Apply | Apply Now | Apply Now | |
Worth in Rupees at ₹20,000 a Month
- Rewards a year
- ₹4,800
- Fee a year
- ₹0
- You keep
- ₹4,800
- Rewards a year
- ₹1,800
- Fee a year
- ₹0
- You keep
- ₹1,800
At this spend, SBI Cashback Credit Card comes out ₹3,000 a year ahead of YES Bank Elite+ Credit Card. Worked out from each card's published reward rate, caps and fee, on ₹20,000 a month. Your own spend changes the answer: try the rewards calculator.
Best For
- Heavy online shoppers
- People who want plain cashback, not points
- Shoppers who use many different websites
- Travellers wanting lounges at a moderate fee
- Online shoppers
Watch-Outs
- No cashback on utilities, insurance, fuel, rent, wallets or EMIs
- 5% stops after Rs 40,000 online spend a month
- No airport lounge access
- 3.5% forex fee
- Monthly cap on online rewards
- Needs an income of about ₹1 lakh a month
Card data sourced via CardAdvisor.in (SBI Cashback Credit Card, YES Bank Elite+ Credit Card), India Credit Card Facts, CC BY 4.0, adapted by SkyloFin.
Questions People Ask
Which has the lower annual fee, SBI Cashback Credit Card or YES Bank Elite+ Credit Card?
They charge the same annual fee. SBI Cashback Credit Card: ₹999; YES Bank Elite+ Credit Card: ₹999.
Which is better for spending abroad?
YES Bank Elite+ Credit Card has the lowest forex markup. YES Bank Elite+ Credit Card: 3%; SBI Cashback Credit Card: 3.5%. The markup is charged on every foreign-currency transaction, before GST.
Which earns more on everyday spending?
On spends outside any bonus category: SBI Cashback Credit Card 1%, YES Bank Elite+ Credit Card 0.6%. Bonus categories, rates limited to named merchants and monthly caps change the picture, so compare the rewards by spend too.
Can I hold more than one of these cards?
Usually yes, if each bank approves you. Many people keep one card for everyday spending and another for a specific use such as travel. Each application is a separate credit check.
Work Out the Numbers
Other Comparisons
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- YES Bank Elite+ Credit Card vs SBI Flipkart Credit CardSide by side →
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Guides in Plain Words
Short reads that explain how it works before you decide.
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