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% | âš4,000 per quarter | ~âš53,000 |
| Flipkart / Shopsy | 5% | âš4,000 per quarter | ~âš80,000 |
| Cleartrip travel | 5% | âš4,000 per quarter | ~âš80,000 |
| Partner brands (Uber, Zomato, etc.) | 4% | âš4,000 per quarter | ~âš1,00,000 |
| Other normal expenses | 1% | No limit | No cap |
- Quarter means: 3 months – Jan-Mar, Apr-Jun, Jul-Sep, Oct-Dec
- Approx spend to hit maxâ meaning: It shows how much you need to spend in 3 months to reach the cashback limit of âš4,000 for that category. After crossing that amount, extra spending wonât earn more cashback
- Example: If Flipkart gives 5%, you reach âš4,000 cashback after around âš80,000 shopping. Spend above that â 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 âš100 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 â 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: âš4,000 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
âī¸ Travel Booking Offers
- Flights â up to 7% discount on Cleartrip
- Hotels â up to 20% discount
- Bus booking â around 10% off
- Use coupon CTFKSBIC while paying with this card
đ Welcome & Yearly Benefits
- âš250 Flipkart voucher after joining fee payment
- Up to âš1,000 first order benefits (within 30 days)
- âš500 annual fee waived after âš3.5 lakh yearly spend
âŊ Fuel & Bill Payments
- 1% fuel surcharge waiver (âš500ââš4,000 transactions)
- Maximum saving âš400 per statement cycle
- Pay electricity, recharge and other bills via SBI Card app
đŗ Payment Flexibility
- Flexipay: convert âš2,500+ purchase into EMI within 30 days
- Balance transfer from other cards into EMI
- Up to 3 free add-on cards for family members (18+)
đ 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 (700â749 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 | 21â70 years | âš20,000+ monthly | Last 3 salary slips |
| Self-employed | 25â70 years | âš5 lakh+ yearly | Latest ITR |
| Student | 18+ | No income (FD needed) | FD âš25,000+ |
What bank actually checks
- Salaried: stable job (around 1 year in current company)
- Business: active business + bank statement + ITR
- Students: normally canât 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 â 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 7â10 working days
Documents you need
- PAN card (mandatory)
- Aadhaar, Voter ID, and utility bill (address proof)
- Salary slips (1â3 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 â 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 â not the annual fee
Missing payment once can cancel your whole cashback benefit
Main charges
- Joining fee: âš500 + GST (one time)
- Annual fee: âš500 + GST (waived after âš3.5 lakh yearly spend)
- Interest rate: ~3.75% per month (around 45% yearly)
- Cash withdrawal: 2.5% or âš500 (whichever higher)
- Rent payment: âš199 per transaction + GST
- International use: 3.5% forex markup
âš3.5 lakh yearly spend is quite high for an entry-level card. Realistically, most beginners spend around âš80,000ââš1,20,000 yearly, so many users may still end up paying the annual fee.
Late payment charges
- âš0 â âš500: No charge
- âš501 â âš1,000: âš400
- âš1,001 â âš10,000: âš750
- âš10,001 â âš25,000: âš950
- âš25,001 â âš50,000: âš1,100
- Above âš50,000: âš1,300
Always pay Total Amount Due, not minimum due. Minimum due only avoids penalty â 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 30â40% 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 3â5 working days after video KYC verification completes.
Is Flipkart SBI Credit Card really useful?
Very useful if you shop online often. Example âš20,000 phone on Flipkart gives about âš1,000 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 âš20,000 unpaid bill, interest near âš750+ starts next cycle. Cashback benefit becomes useless because interest eats your savings quickly.
Hope you liked the content. Explore smart options below đ
đĨ Recommended