Flipkart SBI Credit Card
The Flipkart SBI Credit Card is a popular low-fee entry-level shopping card in India, mainly for regular online shoppers. It is made for people who frequently use Flipkart, Myntra, and ClearTrip. It is best for buying mobiles, clothes, electronics and daily items. You get real cashback, and it adjusts directly to your monthly credit card statement. No reward Points system, and no need for any redemption process.
For the best savings and High Cashback, try using the card during Flipkart’s Big Billion Days, Diwali or other festival offers. During this time, both banks and Flipkart both give extra discounts, so the actual price becomes much cheaper.
Core Benefit: Cashback (What SBI Flipkart Card offers)
Instead of collecting rewards, this credit card quietly refunds a part of your spending in the statement, so your payable amount becomes smaller next month.
Cashback rates & limits
| Where you spend | Cashback | Limit | Approx spend to hit max |
|---|---|---|---|
| Myntra | 7.5% | ₹4,000 per quarter | ~₹53,000 |
| Flipkart / Shopsy | 5% | ₹4,000 per quarter | ~₹80,000 |
| Cleartrip travel | 5% | ₹4,000 per quarter | ~₹80,000 |
| Partner brands (Uber, Zomato, etc.) | 4% | ₹4,000 per quarter | ~₹1,00,000 |
| Other normal expenses | 1% | No limit | No cap |
- Quarter means: 3 months – Jan-Mar, Apr-Jun, Jul-Sep, Oct-Dec
- Approx spend to hit max” meaning: It shows how much you need to spend in 3 months to reach the cashback limit of ₹4,000 for that category. After crossing that amount, extra spending won’t earn more cashback
- Example: If Flipkart gives 5%, you reach ₹4,000 cashback after around ₹80,000 shopping. Spend above that → cashback stops for that quarter.
When cashback comes
- No need to redeem anything
- After your monthly statement is generated, cashback comes in about 2 working days
- It directly reduces your next bill amount
- The transaction must be above ₹100 to get cashback
Where cashback does NOT come
No cashback on:
- EMI purchases (Flipkart EMI, Flexipay, etc.)
- Fuel
- Rent payment apps
- Wallet loading
- Insurance payments
- Government payments (tax, challan)
- Jewellery
- School/college fees
- Gaming payments
4% Partner brands
You get higher cashback on some daily-use brands:
- Zomato (food)
- Uber (cab)
- Netmeds (medicine)
- PVR cinema tickets
How This Card Competes in the Cashback Market
This card is quite new in the cashback credit card market. It is a strategic move to challenge dominant players like Amazon Pay, ICICI, and Flipkart Axis cards. While it offers higher peak cashback on certain categories, it introduces specific quarterly caps that differentiate it from its rivals.
As per AngelOne, it launched on 26 August 2025. It is a co-branded card on the Visa and Mastercard networks and gives 5% direct cashback. Unlike the Amazon card, where a higher cashback needs Prime membership, here, no additional subscription is required; normal users also get the full benefit.
It is built to compete in the cashback category (similar to Flipkart Axis type cards). Cashback is auto-adjusted in the statement, usually within a few days after statement generation, so no claiming or redemption headache.
Cashback Comparison — SBI vs Axis vs Amazon
Easy understanding before applying. All three are online shopping cards but return style is different.
Flipkart SBI Card
Main shopping: 5% Flipkart & Shopsy
Fashion: 7.5% Myntra
Travel: 5% Cleartrip
Partners: 4% Zomato, Uber, PVR
Other spends: 1% unlimited
Cashback cap: ₹4,000 quarterly
Lounge: No
Flipkart Axis Card
Main shopping: 5% Flipkart
Fashion: 5% Myntra
Travel: 5% Cleartrip
Partners: 4% Swiggy, Uber, PVR
Other spends: 1% unlimited
Cashback cap: Mostly unlimited
Lounge: 4 visits/year*
Amazon Pay ICICI Card
Main shopping: 5% Amazon (Prime)
Fashion: 1%
Travel: ~2% bookings
Partners: 2%
Other spends: 1% unlimited
Cashback cap: Unlimited
Lounge: No
What are the Features and Benefits (Additional)
Apart from cashback, the Flipkart SBI Credit Card also gives travel booking discounts, joining offers and easy payment options like EMI and balance transfer.
Other Features and Benefits
✈️ Travel Booking Offers
- Flights → up to 7% discount on Cleartrip
- Hotels → up to 20% discount
- Bus booking → around 10% off
- Use coupon CTFKSBIC while paying with this card
🎁 Welcome & Yearly Benefits
- ₹250 Flipkart voucher after joining fee payment
- Up to ₹1,000 first order benefits (within 30 days)
- ₹500 annual fee waived after ₹3.5 lakh yearly spend
⛽ Fuel & Bill Payments
- 1% fuel surcharge waiver (₹500–₹4,000 transactions)
- Maximum saving ₹400 per statement cycle
- Pay electricity, recharge and other bills via SBI Card app
💳 Payment Flexibility
- Flexipay: convert ₹2,500+ purchase into EMI within 30 days
- Balance transfer from other cards into EMI
- Up to 3 free add-on cards for family members (18+)
🔒 Safety & Usage
- Tap-and-pay contactless payments supported
- Works internationally at shops and ATMs
- Secure online transactions with OTP verification
Eligibility for Flipkart SBI Credit Card
Approval mainly depends on your CIBIL score, income stability and job type.
Basic conditions
- CIBIL score: around 750+ gives easy approval (700–749 sometimes works but risky)
- Must be an Indian resident
- Your city should have the SBI Card service (most cities and many tier-2 areas covered)
Income & age requirement
| Category | Age | Income needed | Main proof |
|---|---|---|---|
| Salaried | 21–70 years | ₹20,000+ monthly | Last 3 salary slips |
| Self-employed | 25–70 years | ₹5 lakh+ yearly | Latest ITR |
| Student | 18+ | No income (FD needed) | FD ₹25,000+ |
What bank actually checks
- Salaried: stable job (around 1 year in current company)
- Business: active business + bank statement + ITR
- Students: normally can’t get this card directly; first, take a secured FD card to build credit
How to apply
- First, before applying, you can check eligibility on Easemoney — just click the eligibility button above and see approval chances.
- Apply from the Flipkart app or the SBI Card website
- Enter PAN, DOB and Aadhaar details
- Upload salary slips or ITR
- Do Video KYC (show PAN on camera) or schedule document pickup
- After approval, the card usually comes in 7–10 working days
Documents you need
- PAN card (mandatory)
- Aadhaar, Voter ID, and utility bill (address proof)
- Salary slips (1–3 months) or latest ITR/Form 16
Easemoney Tip: If your CIBIL is new or low, first build history with a small secured card, then apply — approval chances become much higher.
Fees, Interest & Support (important to know)
Simple talk first:
Card is useful only if you pay full bill on time
Interest is the real danger — not the annual fee
Missing payment once can cancel your whole cashback benefit
Main charges
- Joining fee: ₹500 + GST (one time)
- Annual fee: ₹500 + GST (waived after ₹3.5 lakh yearly spend)
- Interest rate: ~3.75% per month (around 45% yearly)
- Cash withdrawal: 2.5% or ₹500 (whichever higher)
- Rent payment: ₹199 per transaction + GST
- International use: 3.5% forex markup
₹3.5 lakh yearly spend is quite high for an entry-level card. Realistically, most beginners spend around ₹80,000–₹1,20,000 yearly, so many users may still end up paying the annual fee.
Late payment charges
- ₹0 – ₹500: No charge
- ₹501 – ₹1,000: ₹400
- ₹1,001 – ₹10,000: ₹750
- ₹10,001 – ₹25,000: ₹950
- ₹25,001 – ₹50,000: ₹1,100
- Above ₹50,000: ₹1,300
Always pay Total Amount Due, not minimum due. Minimum due only avoids penalty — interest still keeps running every day.
FAQs
What offers come with Flipkart SBI Credit Card?
Main offer is 5% cashback on Flipkart and 7.5% on Myntra. During Big Billion Days sale, bank also gives extra instant discount. Cashback shows in next statement, usually within two working days.
How can I increase Flipkart SBI Credit Card limit?
Use 30–40% of your limit monthly and pay full bill for 6 months. SBI usually sends SMS for limit increase. You can also request upgrade by submitting latest salary slip or ITR.
How to check Flipkart SBI Credit Card application status?
Go to SBI Card website and open Track Application. Enter application number or registered mobile with OTP. Normally decision comes within 3–5 working days after video KYC verification completes.
Is Flipkart SBI Credit Card really useful?
Very useful if you shop online often. Example ₹20,000 phone on Flipkart gives about ₹1,000 cashback. But for rent, EMI and cash withdrawal, card gives zero benefit and extra charges apply.
When does cashback actually credit?
Cashback does not come instantly after purchase. It comes after your billing statement generates, usually within 2 working days. That amount reduces next month bill automatically without any manual redemption process.
Can I make UPI payments with Flipkart SBI Credit Card?
Currently UPI linking is limited. Most variants are Visa/Mastercard, so QR payments may not work everywhere. You mainly use it for online checkout or POS machine swipe payments in shops.
What happens if I pay only minimum due?
Bank charges about 3.75% monthly interest from purchase date. For ₹20,000 unpaid bill, interest near ₹750+ starts next cycle. Cashback benefit becomes useless because interest eats your savings quickly.
