Flipkart SBI Card
Updated 5 Jul 2026Source-linked
The Flipkart SBI Card is a mid co-branded credit card from SBI Card and Flipkart, with a joining fee of ₹500 + GST.
It earns up to 7.5% on Flipkart spends in the form of cashback.
Welcome benefit: ₹250 Flipkart Gift Card.
Flipkart SBI Card
- Joining Fee₹500
- Annual Fee₹500
- Best Suited ForOnline shopping
- Reward TypeCashback
Rewards Rate
- 7.5% on myntra (cap 4000 cashback inr / quarterly)
- 5% on flipkart (cap 4000 cashback inr / quarterly)
- 4% on preferred select merchants (cap 4000 cashback inr / quarterly)
- Base 1.00% on other spends
Welcome Benefits
- ₹250 Flipkart Gift Card
- ₹1,000 additional benefit
Data verified 5 Jul 2026 — see our methodology
Rewards and Benefits
Rewards Rate
7.5% on myntra (cap 4000 cashback inr / quarterly)
5% on flipkart (cap 4000 cashback inr / quarterly)
4% on preferred select merchants (cap 4000 cashback inr / quarterly)
Base 1.00% on other spends.
Reward Redemption
Cashback auto-credited to the card statement.
Welcome Benefits
₹250 Flipkart Gift Card
Milestone Rewards
N/A
Domestic Lounge Access
N/A
International Lounge Access
N/A
Travel
N/A
Movie & Dining
N/A
Golf
N/A
Insurance Benefits
N/A
Other Benefits
- Cleartrip discount — 12% off on Cleartrip travel bookings (see issuer T&C).
See the math — accelerations & caps
What you'd realistically keep — caps applied, channel premiums cut when you don't route through them, realized redemption value.
- Online shopping₹600/mo
You spend ₹15,000 · earns 4.0% = ₹600 uncapped
- Capped at ₹1,333/mo
Base-rate spend
Non-accelerated spend, summarized at this card's base rate.
- Groceries₹8,000 · 1.0% = ₹80/mo
- Dining & food delivery₹8,000 · 1.0% = ₹80/mo
- Fuel₹4,000 · 1.0% = ₹40/mo
- Travel & hotels₹10,000 · 1.0% = ₹100/mo
- Utilities & bills₹5,000 · 1.0% = ₹50/mo
Est.net rewards for this spend, realistic
₹11,400/yr₹11,400 rewards − ₹0 annual fee. Estimate for the spend you entered.
Fees & Charges
Spend-Based Waiver
₹3,50,000 in the preceding year
Rewards Redemption Fee
N/A
Foreign Currency Markup
3.50%
Interest Rates
3.75% per month (45.0% annualised)
Fuel Surcharge Waiver
1.0% waiver on transactions between ₹500 and ₹4,000, capped at ₹400 per statement.
Cash Advance Charges
N/A
Product Details
- Co-branded mid card by SBI Card and Flipkart.
- Joining / annual fee of ₹500 + GST, waived on annual spends of ₹3,50,000.
- Available on the Visa network.
Pros & Cons
Pros
- Annual fee waivable on ₹3,50,000 spend.
- Accelerated earn worth ≈7.5% on myntra.
Cons
- Standard forex markup of 3.50% — suboptimal for international spend.
- No complimentary airport lounge access.
₹250 welcome benefit
- ₹250 Flipkart Gift CardOn fee realisation
- ₹1,000 additional benefitFirst transaction on Flipkart
Accelerated rewards
- 7.5% on myntra (cap 4000 cashback inr / quarterly)Merchants: myntra7.5% Myntra capped Rs4,000/quarter (separate bucket).
- 5% on flipkart (cap 4000 cashback inr / quarterly)Merchants: flipkart5% Flipkart capped Rs4,000/quarter.
- 4% on preferred select merchants (cap 4000 cashback inr / quarterly)4% preferred merchants capped Rs4,000/quarter (separate bucket).
Fuel surcharge waiver
1.0% waiver on fuel transactions between ₹500 and ₹4,000, capped at ₹400 per statement.
Other benefits
- Cleartrip discount. 12% off on Cleartrip travel bookings (see issuer T&C).
Sources
- : www.sbicard.com · retrieved 3 Jul 2026
Last verified 5 Jul 2026. Verify with the issuer before applying.
Eligibility
- Age
- 21–65
- Credit score
- —
- Income (salaried)
- —
- Income (self-employed)
- —