Flipkart SBI Credit Card

Key Features & Benefits

The Flipkart SBI Credit Card transforms your online shopping experience into a rewarding journey with industry-leading cashback rates. Every purchase on Flipkart earns you 5% cashback, while Myntra shoppers enjoy an even better 7.5% return, both capped at ₹4,000 per quarter. This means significant savings on your fashion, electronics, and home essentials purchases throughout the year.

Beyond the marquee platforms, the card extends 4% cashback on essential lifestyle services including Zomato food orders, Uber rides, Netmeds pharmacy purchases, and PVR movie tickets. For all other eligible retail spending, you earn a consistent 1% cashback with no capping, ensuring every transaction adds value. The contactless payment feature enables quick, secure transactions, while the fuel surcharge waiver of 1% (up to ₹100 monthly) on transactions between ₹500-₹4,000 adds convenience for those occasional fuel station visits.

New cardholders receive welcome benefits worth up to ₹1,250, including a ₹250 Flipkart Gift Card and an additional ₹1,000 in vouchers for early adopters. The annual fee of ₹500 is easily waived with ₹3.5 lakh annual spending, making this card virtually free for regular online shoppers. All earned cashback is auto-credited within 15 days after your statement date, eliminating the hassle of manual redemption.

All You Need to Know About: Flipkart SBI Credit Card

The Flipkart SBI Credit Card is a co-branded offering from SBI Card and Flipkart, designed specifically for India’s growing community of online shoppers. Launched as a partnership between India’s largest e-commerce platform and one of the country’s leading credit card issuers, this card brings together the best of both worlds—Flipkart’s understanding of digital commerce and SBI Card’s financial expertise. Available on both Mastercard and VISA networks with contactless payment capability, the card delivers a seamless shopping experience whether you’re buying electronics, fashion, home essentials, or booking travel through partner platforms.

The card’s rewards structure is straightforward and compelling. Every purchase on Flipkart earns you 5% cashback, while Myntra shoppers enjoy an even more generous 7.5% return on their fashion and lifestyle purchases. For essential services like food delivery through Zomato, cab rides via Uber, medicines from Netmeds, and movie tickets at PVR, you earn 4% cashback. Even beyond these partner platforms, every other eligible retail transaction earns 1% cashback with no upper limit, ensuring that no purchase goes unrewarded. All cashback is automatically credited to your account within 15 days after your statement date, eliminating the complexity of reward points, conversion rates, or redemption processes that plague many competitor cards.

Financial terms are transparent and reasonable for the category. The card charges a joining fee and annual renewal fee of ₹500 plus GST each, but the renewal fee is completely waived on annual spends of ₹3.5 lakh—a threshold easily achievable for regular online shoppers. New cardholders receive welcome benefits worth up to ₹1,250, including guaranteed Flipkart Gift Cards and additional vouchers for early applicants through the Flipkart App. The card also provides a 1% fuel surcharge waiver on transactions between ₹500 and ₹4,000 at petrol stations, capped at ₹100 per month. Interest rates are standard at 3.75% per month (45% per annum) on revolving balances, while international transactions carry a 3.5% foreign exchange markup.

The application process is entirely digital and hassle-free. Prospective cardholders can apply directly through the Flipkart app or website, or via the SBI Card official portal. Applicants must be Indian residents aged 18 or above. Digital KYC through Aadhaar-based video verification enables instant approval in many cases, with physical cards delivered within a week and virtual cards available immediately for online use. The card is ideal for urban, digitally-savvy consumers who prioritize cashback savings over traditional reward points or travel benefits. However, it’s important to note that the card doesn’t offer airport lounge access, travel insurance, purchase protection, or lifestyle concierge services—features commonly found in premium travel cards. Cashback is also excluded on EMI transactions, fuel purchases, wallet loads, rent payments, insurance premiums, and utility bills, focusing rewards strictly on retail shopping categories.

Pros & Cons

How to Apply

Applying for the Flipkart SBI Credit Card is a quick and entirely digital process. Visit the Flipkart mobile app or website and navigate to the credit card section, or directly access the SBI Card official website. Click on the “Apply Now” button for the Flipkart SBI Credit Card and fill in your personal details including name, contact information, PAN card number, and employment details.

Complete the KYC verification either through digital mode (Aadhaar-based e-KYC via video call) or by uploading required documents such as identity proof, address proof, and income proof. Once submitted, your application is typically processed within 1-2 working days. Upon approval, you’ll receive your physical card at your registered address within 7-10 business days, though you can often start using the virtual card immediately for online transactions.

For the best welcome offer (additional ₹1,000 vouchers), ensure you apply through the Flipkart App between August 26 and December 31, 2025, and make your first transaction on Flipkart within 30 days of card approval.

Detailed Fee Structure

The Flipkart SBI Credit Card comes with a transparent fee structure designed for online shoppers. The one-time joining fee is ₹500 plus GST (18%), totaling ₹590, which is charged upon card approval. From the second year onwards, an annual renewal fee of ₹500 plus GST applies. However, this annual fee is completely waived if you spend ₹3,50,000 or more during the preceding card membership year, making it essentially free for active users.

Beyond the basic fees, be aware of ancillary charges that apply in specific scenarios. Late payment fees range up to ₹1,300 per statement cycle depending on outstanding amount. Cash payment charges are ₹250 plus applicable taxes per transaction. If you exceed your credit limit, an overlimit fee of 2.5% of the overlimit amount or ₹600 (whichever is higher) applies. Interest on outstanding balances is charged at 3.75% per month (45% per annum), which is standard for most credit cards. Dishonored payment instruments attract additional fees, and card replacement charges apply if you lose your card. There are no charges for cashback redemption, as it’s automatically credited to your account, though catalogue-based merchandise redemption may incur fees.

Who Should Get This Card?

The Flipkart SBI Credit Card is tailor-made for digital-savvy online shoppers who frequently purchase from Flipkart and Myntra. If you’re someone who spends ₹30,000 or more monthly on e-commerce platforms for clothing, electronics, home essentials, and lifestyle products, this card delivers exceptional value through its high cashback rates. Urban millennials and Gen-Z consumers who prefer online shopping over retail stores will find this card particularly rewarding.

It’s also ideal for users who regularly order food via Zomato, book Uber rides, purchase medicines from Netmeds, or enjoy movies at PVR cinemas, as these transactions earn 4% cashback. However, this card is not suitable for frequent travelers seeking lounge access, air miles, or travel insurance. Business owners paying rent or utility bills should also look elsewhere, as these categories are excluded from cashback. If you can comfortably spend ₹3.5 lakh annually to waive the renewal fee and prioritize cashback over premium travel perks, this card is an excellent addition to your wallet.

Alternatives & Competitor Comparison

Feature	Flipkart SBI Credit Card	Flipkart Axis Bank Credit Card
Card Image
Card Network	Mastercard, Visa	Mastercard, Visa
USP	The Flipkart SBI Credit Card delivers exceptional value for online shoppers with 5% cashback on Flipkart purchases, 7.5% on Myntra, and 4% on popular platforms like Zomato and Uber, making it the perfect companion for digital-savvy consumers seeking maximum savings on everyday e-commerce and lifestyle spending.	Flipkart Axis Bank Credit Card delivers high cashback on Flipkart, Myntra, and preferred merchants, making it ideal for avid online shoppers seeking maximum savings and exclusive lifestyle rewards.
Annual Fee	500 Plus GST	500 Lifetime free for select channels
Joining Fee	500 Plus GST	500 Lifetime free for select channels
Welcome Benefits	₹250 Flipkart Gift Card within 60 days of joining fee payment. Additional benefits worth ₹1,000 (₹500 Flipkart e-gift card + ₹500 Cleartrip flight coupon) on first Flipkart transaction within 30 days if applied via Flipkart App between Aug 26 and Dec 31, 2025.	₹350 worth of activation benefits (including ₹250 Flipkart voucher on first transaction for paid cards)
Lounge Access	N/A	N/A
Reward Rate	Earn 5% cashback on Flipkart, 7.5% on Myntra, 4% on Zomato, Uber, Netmeds, and PVR, and 1% on all other eligible spends. Flipkart and Myntra cashback capped at ₹4,000 per quarter. Minimum transaction of ₹100 required for cashback.	Earn 7.5% cashback on Myntra, 5% on Flipkart and Cleartrip, and 4% on Swiggy, PVR, etc, 1.5% on other online spends on all online spends & 1% on offline transactions
Interest Rate	3.75% per month (45% per annum)	3.6% per month (52.86% per annum)
Best For	Online Shopping	Online Shopping
Apply Now	Apply Now	Apply Now

Frequently Asked Questions