Flipkart SBI Credit Card
Fees
₹499 + Taxes
Joining & annual
Reward Rate
5% cashback on Flipkart; 7.5% on Myntra; 5% on Cleartrip; 4% at select merchants (each capped ₹4,000/quarter); 1% on other spends
Welcome Bonus
₹500 Flipkart activation gift card voucher + instant merchant discount codes upon onboarding validation
Lounge
4 Domestic Visa/yr
Our Expert Take
Flipkart SBI Card is a simple option for Flipkart and Myntra shoppers: 5% cashback on Flipkart, 7.5% on Myntra and 1% everywhere else, credited automatically. Each accelerated rate is capped at ₹4,000 a quarter.
Reward limits
Checked 27 Sep 2026 · Bank terms
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5% on Flipkart (incl. Shopsy and Flipkart Travel)
Max ₹4,000 per quarter
Reached after about ₹80,000 of spend
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7.5% on Myntra
Max ₹4,000 per quarter
Reached after about ₹53,300 of spend
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5% on Cleartrip
Max ₹4,000 per quarter
Reached after about ₹80,000 of spend
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4% at select merchants
Max ₹4,000 per quarter
Reached after about ₹1,00,000 of spend
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1% on other spends
No limit
No rewards on: Fuel, wallet, rent, jewellery, government, gaming, education, insurance, bills paid via SBI Card standing instructions/fetch-and-pay, Merchant EMI/Flexipay
Where this card earns most
Paying directly in the app or site · 1% on other spends
Pros & Cons
Key Advantages
- 5% cashback on Flipkart and 7.5% on Myntra
- Cashback applied automatically to your statement, no manual redemption
- Low ₹499 fee with an easily reachable waiver threshold
Limitations
- 4 domestic lounge visits/year only — no international access
- No cashback on wallet reloads or utility bill payments
Key Perks & Spending Milestones
5% cashback on Flipkart, 7.5% on Myntra
5% cashback on Cleartrip and 4% at select merchants, each capped at ₹4,000 a quarter; 1% on other spends
1% fuel surcharge waiver valid across all computerized fuel stations in India for transaction sizes ₹500–₹3,000
Zero liability insurance shield protecting account against unauthorized use post lost card reporting
Spend milestone
Annual renewal fee completely waived for the subsequent cycle upon reaching ₹2 Lakhs in annual net spends
Fees & Charges
Joining fee
₹499 + Taxes
Annual fee
₹499 + Taxes
Annual fee waived on ₹2 Lakh annual retail spends
Interest rate
Up to 3.75% per month (45% per annum)
Late payment fee
Nil up to ₹100; ₹100 for ₹101-₹500; ₹500 for ₹501-₹1,000; ₹750 for ₹1,001-₹10,000; ₹950 for ₹10,001-₹25,000; ₹1,100 for ₹25,001-₹50,000; ₹1,300 above ₹50,000
Insurance & Protection Benefits
Eligibility Criteria
Credit score & income
Good (710+), stable verified background profile metrics
Frequently Asked Questions
Does the Flipkart SBI Card offer lounge access?
What's the full cashback structure on Flipkart SBI Card?
How is the Flipkart SBI Card's fee waived?
Compare Flipkart SBI Credit Card With Similar Cards
| Card | Annual Fee | Reward Rate | Lounge Access | Rating |
|---|---|---|---|---|
| Flipkart SBI Credit Card This Card | ₹499 + Taxes | 5% cashback on Flipkart; 7.5% on Myntra; 5% on Cleartrip; 4% at... | 4 Domestic Visa/yr | 4.3/5 |
| YES Bank POP CLUB Credit Card | Free | 10 POPcoins per ₹100 online spends; 2 POPcoins per ₹100 offline... | No Lounge Access | 4.8/5 |
| RBL Bank ShopRite Credit Card | Free | 20 Reward Points per ₹100 spent on groceries (~5% return); 1... | No Lounge Access | 4.6/5 |
| Flipkart Axis Bank Credit Card | ₹500 + Taxes | 7.5% cashback on Myntra (capped ₹4,000/quarter); 5% on Flipkart &... | No Lounge Access (Discontinued Jun 2025) | 4.5/5 |