The Hindu Business Line : SBI offers cash back on debit cards

Mumbai, July 4 State Bank of India has launched a cash back campaign for its debit card holders from July 1 to August 31, said a press release from the bank.

During this period, customers of SBI and its associate banks using their debit cards for making payments for Rs 501or above will get cash back up to 5 per cent as under:

The cash back, however, will not be available on ATM withdrawals and Internet transactions. The money will credited to customers’ accounts within four to six weeks of the end of the campaign. The maximum amount of cash back during the period of offer will be Rs 1000 per debit card.

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