About Flipkart SBI Credit Card
The Flipkart SBI Credit Card is a co-branded rewards card from SBI Card and Flipkart, intended primarily for frequent shoppers on Flipkart, Myntra, and other platforms. It was launched to provide attractive cashback on e-commerce and select purchases, and it serves as a solid entry-level option for Indian online shoppers.
How to Apply for the Flipkart SBI Credit Card Online?
- Click APPLY NOW
- You will be taken to the Credit Cards Application page
- Before you start, keep these ready: PAN card, Aadhaar card, and a blank piece of paper for signature
- Also, sit in a quiet place with no background noise and without help from another person; otherwise, your application may get rejected
- To begin, you may be asked to enter your name, email, mobile number, and PAN card to fetch your CIBIL score
- Complete your online KYC, then submit the form
- You will get a reference number to track your application
- Once your card is approved, you will be notified by SMS or email.
Fees and Charges
- Joining Fee: ₹500 + Applicable Taxes
- Annual Fee: ₹500 + Applicable Taxes
- Annual Fee Waiver Spends: Reversed on annual spends of ₹3.5 Lakh or more in the previous membership year
- Add-on Cards: 3 Free Add-on Cards
- Forex Markup Fee: 3.50%
Welcome and Milestone Benefits
- Welcome Benefits: ₹250 Flipkart Gift Card on payment/realization of joining fee.
- Milestone Benefits: Annual fee reversal on ₹3.5 Lakh annual spends; potential quarterly cashback caps tied to accelerated rewards
Cashback and Rewards
- Card Type: Cashback/Rewards
- Card Network: Visa/Mastercard
- Best For: Online shopping on Flipkart, Myntra, Cleartrip, and select partners
- Cashback/Rewards on Online Purchases: 5% on Flipkart; 7.5% on Myntra; 12% off/select cashback on Cleartrip; 4% on preferred/select merchants
- Cashback/Rewards on Offline Purchases: 1% (or base rate; not accelerated)
- Maximum Cashback per Statement Cycle: Quarterly capping often applies (e.g., up to ₹4,000 per quarter on accelerated categories in similar structures)
- Rewards Redemption Options: Cashback credited as a statement credit or Flipkart gift vouchers/credits (direct redemption on the platform)
Lounge Access
- Domestic Lounge Access: NA
- International Lounge Access: NA
Category Spend Benefits
- Online Shopping: High cashback on Flipkart (5%), Myntra (7.5%), Cleartrip (up to 12% off/select)
- Food and Grocery: NA (base rates apply)
- Travel Booking: Benefits on Cleartrip
- Utility Bill Payments: NA
- Fuel: 1% surcharge waiver (max ₹400/cycle)
Excluded Categories
- All Excluded Categories: Standard exclusions apply (e.g., fuel at some merchants beyond surcharge, wallet loads, government, rent, utilities, insurance in accelerated categories; accelerated cashback limited to specified merchants/partners)
Why Choose Flipkart SBI Credit Card?
This card stands out for Flipkart fans because it offers high cashback on Flipkart (5%), Myntra (7.5%), and Cleartrip, as well as simple welcome perks such as gift cards. The low joining/annual fee (₹500 + taxes) and realistic waiver of ₹3.5 Lakh spends make it cost-effective. It provides better value for e-commerce heavy users than general cards, with the added benefit of a fuel waiver. Contactless payments and worldwide acceptance increase convenience. However, it lacks lounge access and broad-category rewards.
Who is eligible for the Flipkart SBI Credit Card?
Eligibility typically includes:
- Indian resident aged 21–60 (salaried) or 21–65 (self-employed)
- Good credit score/history
- Minimum income requirements (varies; often ₹25,000+ monthly for salaried)
- Required documents: PAN, Aadhaar, income proof (salary slips/ITR), address proof
Apply online via sbicard.com; approval depends on SBI Card's criteria.
Is the Flipkart SBI Credit Card worth applying for?
Yes, if you shop frequently on Flipkart, Myntra, or Cleartrip, the accelerated cashback (up to 7.5%) can easily offset the small fee, especially with the waiver available through regular purchases. Welcome benefits add quick value. It's especially useful for new users or those who supplement other cards (e.g., no lounge needs). However, if your spending is diverse offline or you value lounge access/broader rewards, general cashback cards may be a better fit. Compare preferred merchants to similar cards (for example, the Flipkart Axis variant). Always check the latest terms and conditions on sbicard.com before applying, as benefits can change.