Flipkart SBI Credit Card

Flipkart SBI Credit Card earns Cashback at a primary rate of Up to 7.5% Cashback. Specifically, 7.5% cashback on Myntra (capped at ₹4,000 per quarter). 5% cashback on Flipkart and Cleartrip (capped at ₹4,000 per quarter). 4% cashback on preferred partners including Zomato, Uber, Netmeds, and PVR (capped at ₹4,000 per quarter). 1% unlimited cashback on all other eligible retail spends. Cashback is not applicable on EMI transactions.. Spends in Cashback, Shopping categories provide the maximum valueback per transaction on this card.

Rewards earned on Flipkart SBI Credit Card can be redeemed for Auto-credited to the monthly statement via SBI's official rewards portal or mobile banking app. Points typically carry a multi-year validity period, though regular redemption against high-value vouchers or statement balances is advised.

A CIBIL credit score of 750 or above is strongly recommended for approval of Flipkart SBI Credit Card. Applicants should be Indian residents aged 21 to 65 years with a stable monthly income (salaried or self-employed with ITR) and no recent payment defaults or high credit utilization over 30%.

Flipkart SBI Credit Card is issued on the Visa or Mastercard network with worldwide acceptance at over 30 million merchant establishments and online portals. International transactions, contactless tap-to-pay (up to ₹5,000 without PIN), and tokenized payments are supported once enabled in your banking app.

Flipkart SBI Credit Card levies a forex markup fee of 3.5% + GST on transactions processed in foreign currencies. For cross-border shopping and overseas travel, remember that standard 18% GST applies on the markup charge.

Flipkart SBI Credit Card currently features a welcome offer: "₹250 Flipkart Gift Voucher on fee realization, plus an additional ₹1,000 benefit on your first Flipkart transaction within 30 days of approval.". To claim this joining perk, cardholders typically need to activate the card and complete a qualifying initial transaction within 30 to 60 days of card issuance.

Key highlights include Industry-leading 7.5% cashback rate on Myntra and Solid 5% cashback on Flipkart and 4% on popular everyday apps like Zomato and Uber. However, keep in mind that Extremely high annual fee waiver target (₹3.5 Lakh) for a basic ₹500 card and No cashback is earned if you convert Flipkart/Myntra purchases into EMIs. Overall, Flipkart SBI Credit Card delivers strong value if your regular spending aligns with Cashback, Shopping.

Flipkart SBI Credit Card is focused on Cashback and Shopping valueback and does not include unconditional complimentary airport lounge visits as a core benefit. If lounge access is a deciding factor for your travels, consider pairing this with a dedicated premium travel credit card.

Yes, Flipkart SBI Credit Card includes a 1% fuel surcharge waiver for fuel spends typically between ₹400 and ₹4,000 at all government and private fuel stations in India. (1% fuel surcharge waiver at all petrol pumps in India on transactions between ₹500 and ₹4). The monthly waiver is subject to a cap, and GST charged on the surcharge is non-refundable.