Shopping cashback
Flipkart SBI Credit Card
SBI’s Flipkart card: 7.5% back on Myntra, 5% on Flipkart, Shopsy and Cleartrip, and 1% on most other spends, credited straight to your bill.
Joining fee₹500 + GST
Annual fee₹500 + GST
Fee waiverOn ₹3.5 lakh spend a year
Top reward7.5% Myntra, 5% Flipkart
LoungeNone
Forex markup3.5%
Best for: Flipkart and Myntra shoppers who want an SBI card, spending ₹5,000 to ₹25,000 a month there.
Rewards and cashback
| Where you spend | You earn | Limit |
|---|---|---|
| Myntra | 7.5% cashback | ₹4,000 a quarter |
| Flipkart, Shopsy, Flipkart Travel | 5% cashback | ₹4,000 a quarter |
| Cleartrip flights and hotels | 5% cashback | ₹4,000 a quarter |
| Select partner merchants | 4% cashback | ₹4,000 a quarter |
| Other spends (₹100 or more) | 1% cashback | No cap |
| Fuel, wallet loads, rent, government, education, insurance, gaming, EMI, jewellery, gift cards | Nothing | – |
- Cashback is credited to your statement automatically, within two working days of the statement.
- Each brand group has its own quarterly cap.
Benefits
Welcome benefit
- ₹250 Flipkart e-gift voucher within 60 days of paying the fee.
Milestones
- Annual fee waived on ₹3.5 lakh spend.
Travel and lounges
- No lounge access.
Fuel and forex
- 1% fuel surcharge waiver on ₹500 to ₹4,000, up to ₹400 a cycle.
- Forex markup 3.5%.
Fees and charges
| Joining fee | ₹500 + GST (₹590) |
|---|---|
| Annual fee | ₹500 + GST, waived on ₹3.5 lakh yearly spend |
| Interest | 3.75% a month |
| Forex markup | 3.5% |
GST at 18% applies on fees. Banks change charges from time to time; the bank’s own terms are final.
Who can apply
- Salaried or self-employed; SBI Card decides income case by case
You will usually need PAN, Aadhaar or address proof, and income proof (salary slips or ITR). A credit score of 750 or more improves your chances.
Pros and cons
What we like
- 7.5% on Myntra and 5% on Flipkart
- Cashback goes straight to your bill
- Low ₹500 fee
Watch out for
- Each brand capped at ₹4,000 a quarter
- High ₹3.5 lakh fee waiver target
- No lounge access
Recent changes
- 30 Jun 2026Extra Flipkart app welcome offers ended; welcome benefit now ₹250.
- 26 Aug 2025Card launched.
Frequently asked questions
Is Flipkart SBI better than Flipkart Axis?
They are very similar: 7.5% on Myntra, 5% on Flipkart and Cleartrip, and quarterly caps of ₹4,000 per brand. Pick the bank you already bank with or are more likely to get approved by.
Ready to apply for the Flipkart SBI Credit Card?Applying takes about 10 minutes online. Approval depends on the bank.
Apply nowSimilar cards
Sources: CardAdvisor. Details checked on 22 Oct 2026. For information only, not financial advice; always read the bank’s most important terms (MITC) before applying.