No. You will continue to receive any cashbacks as part of offers that apply for your transactions. You will also be able to use Cashback amount even if your Wallet is Inactive.
What does Inactive Freecharge Wallet mean?
Will my Freecharge Account get blocked due to this?
How to Reactivate your Freecharge Wallet?
I have Freecharge Balance but I am not able to use it?
What will happen to the Cashback that I receive?
Will I not be able to Pay my Bills or Recharge my Phone?