India’s largest pure-play credit card issuer, SBI Card, has teamed up with homegrown e-commerce giant Flipkart to roll out the Flipkart SBI Credit Card. The launch took place in the presence of Mr. Challa Sreenivasulu Setty, Chairman of SBI, and Mr. Ashwini Kumar Tewari, Managing Director of SBI.
This co-branded card is designed to make online shopping more rewarding with attractive cashback benefits across Flipkart’s ecosystem and beyond. Customers can apply digitally through the Flipkart app, SBI Card website, or SBI Card SPRINT, ensuring a smooth and paperless process.
Cashback Benefits Across Popular Platforms
- 7.5% cashback on purchases made on Myntra
- 5% cashback on spends at Flipkart, Shopsy, and Cleartrip
- 4% cashback on select partner brands such as Zomato, Uber, Netmeds, and PVR
- 1% unlimited cashback on all other eligible spends
The cashback is automatically credited to the customer’s SBI Card account within two days of statement generation, offering a hassle-free experience.
From groceries, mobiles, electronics, and fashion to travel bookings and home furnishings, this card allows shoppers to earn rewards across a wide range of categories.
Fees, Benefits & Perks
- Joining/Renewal Fee: ₹500 + taxes
- Welcome Benefits worth ₹1,250, including:
- Flipkart e-gift card worth ₹250 on joining
- Flipkart e-gift card worth ₹500 on first Flipkart transaction (within 30 days, app-only applications)
- Cleartrip voucher worth ₹500 on first Flipkart transaction (within 30 days, app-only applications)
- Fee Reversal: Renewal fee of ₹500 waived on reaching annual spends of ₹3.5 lakh
- 1% fuel surcharge waiver across petrol pumps
- Available on Mastercard and VISA platforms with contactless capability
Limited-Time Launch Offer
To celebrate the launch, Flipkart and SBI Card are giving applicants a chance to win 10 Samsung Galaxy Smartwatches and 100 Ambrane wireless power banks every day, simply by completing their credit card application on the Flipkart app.
Salila Pande, MD & CEO, SBI Card, Said, “We aim to deliver best-in-class products that match the evolving needs of our customers. With the Flipkart SBI Card, we’re enabling a seamless and rewarding shopping experience at a time when e-commerce is rapidly growing in India.”
Kalyan Krishnamurthy, CEO, Flipkart Group, Said, “Our customers are at the heart of everything we do. This partnership with SBI Card brings another financial product that expands access to credit in India while offering maximum value. With this, we want to empower millions of households across Bharat to shop with confidence.”
Key Highlights of Flipkart SBI Card
- 7.5% cashback on Myntra (up to ₹4,000 per quarter)
- 5% cashback on Flipkart, Shopsy, and Cleartrip (up to ₹4,000 per quarter each)
- 4% cashback on Zomato, Uber, Netmeds, and PVR (up to ₹4,000 per quarter)
- 1% unlimited cashback on other eligible spends
The Flipkart SBI Credit Card promises to be a one-stop solution for smart shoppers looking to get more value on everyday spending while enjoying the convenience of digital credit.
