Flipkart SBI Card review: fees, rewards and eligibility
The Flipkart SBI Card has a recorded annual fee of ₹500 plus GST and a base earn of 1% unlimited cashback on eligible other spends; transactions below ₹100 earn no cashback. CardMasters checked its issuer terms on 2026-08-09. Affiliate commission never changes ranking; confirm final terms and approval with SBI Card.
Flipkart SBI Card: short answer
The Flipkart SBI Card is in the entry tier of SBI Card credit cards, with a joining fee of ₹500, an annual fee of ₹500 plus GST (waived on ₹3,50,000 of eligible annual spend), a base earn of 1% unlimited cashback on eligible other spends; transactions below ₹100 earn no cashback and a 3.5% forex markup. Rewards are not earned on fuel, balance transfer, balance transfer emi, cash advance, atm withdrawal. It suits online shopping, cashback, flipkart spending; whether it beats a card you already hold depends on your own spend mix and redemption choices.
Source: CardMasters issuer-evidence catalogue, release 2026-08-09. Confirm final terms with the issuer.
Reward structure
1% unlimited cashback on eligible other spends; transactions below ₹100 earn no cashback
- 7.5% cashback on Myntra; capped at ₹4,000 per calendar quarter on Myntra (₹4,000 statement-quarter cap)
- 5% cashback on Flipkart and Shopsy; capped at ₹4,000 per calendar quarter on Flipkart and Shopsy (₹4,000 statement-quarter cap)
- 5% cashback on Cleartrip; capped at ₹4,000 per calendar quarter on Cleartrip (₹4,000 statement-quarter cap)
- 4% cashback at Zomato, Uber, Netmeds and PVR; capped at ₹4,000 per calendar quarter on Zomato, Uber, Netmeds and PVR (₹4,000 statement-quarter cap)
Eligibility and important limits
The issuer does not publish a card-specific approval cutoff in the current source. SBI Card does not publish a card-specific income or bureau-score cutoff for Flipkart SBI Card. Approval is assessed using the applicant's income, employment, credit history and other issuer policy factors. Approval remains solely at the issuer’s discretion.
Does not earn: fuel, balance transfer, balance transfer emi, cash advance, atm withdrawal, fees, financial charges, disputed transactions, encash, wallet load, gift card, voucher, rent, property management, jewellery, government, digital gaming, school, insurance, standing instructions, flexipay emi, merchant emi.
Important limit: Cashback is automatically credited after the statement cycle; each accelerated merchant group has a separate ₹4,000 calendar-quarter cap.
Frequently asked questions
What is the annual fee for the Flipkart SBI Card?
The published annual fee in our current record is ₹500 plus applicable GST. It can be waived after ₹3,50,000 of eligible annual spend, subject to issuer terms.
How do rewards work on the Flipkart SBI Card?
1% unlimited cashback on eligible other spends; transactions below ₹100 earn no cashback. Accelerated routes include 7.5% cashback on Myntra; capped at ₹4,000 per calendar quarter on Myntra (₹4,000 statement-quarter cap); 5% cashback on Flipkart and Shopsy; capped at ₹4,000 per calendar quarter on Flipkart and Shopsy (₹4,000 statement-quarter cap); 5% cashback on Cleartrip; capped at ₹4,000 per calendar quarter on Cleartrip (₹4,000 statement-quarter cap); 4% cashback at Zomato, Uber, Netmeds and PVR; capped at ₹4,000 per calendar quarter on Zomato, Uber, Netmeds and PVR (₹4,000 statement-quarter cap). Reward value depends on the eligible transaction route and redemption method.
Which transactions do not earn rewards on the Flipkart SBI Card?
The current issuer-sourced exclusions recorded by CardMasters include fuel, balance transfer, balance transfer emi, cash advance, atm withdrawal, fees, financial charges, disputed transactions, encash, wallet load, gift card, voucher, rent, property management, jewellery, government, digital gaming, school, insurance, standing instructions, flexipay emi, merchant emi. Merchant category coding and issuer terms determine final eligibility.
Who should consider the Flipkart SBI Card?
It is most relevant for people focused on online shopping, cashback, flipkart, myntra. Whether it improves your wallet still depends on your actual spending, existing cards, fees and redemption choices.
Is the Flipkart SBI Card worth it?
It is worth holding only when the rewards and benefits you will genuinely use exceed ₹500 plus GST each year. The fee is waived at ₹3,50,000 of eligible annual spend, so check whether you reach that without forcing spend. Value the rewards at a realistic redemption rate, not the issuer's best-case example.
What is the eligibility for the Flipkart SBI Card?
SBI Card does not publish a card-specific income or bureau-score cutoff for Flipkart SBI Card. Approval is assessed using the applicant's income, employment, credit history and other issuer policy factors. Approval, credit limit and final pricing are decided solely by the issuer.
What is the forex markup on the Flipkart SBI Card?
The recorded foreign-currency markup is 3.5% before GST. On ₹1,00,000 of international spend that is about ₹3,500 in markup, so compare it against any rewards earned on overseas transactions.
Does the Flipkart SBI Card offer airport lounge access?
Domestic lounge access: none. International lounge access: none. Spend conditions and guest charges are set by the issuer and can change.