Flipkart SBI Card - Features, Cashback & Fees
The Flipkart SBI Card is a co-branded credit card issued by SBI Card, designed to offer cashback benefits primarily on Flipkart and select partner merchants.
Key Benefits
Welcome Benefit
- ₹250 Flipkart Gift Card on realization of joining fee
- Gift card shared via registered email or mobile number
- Validity: 1 year from date of issuance
- Additional benefits worth ₹1,000 on the first Flipkart transaction within 30 days of card approval (subject to conditions)
Cashback Structure
- 5% Cashback on Flipkart purchases
- 7.5% Cashback on Myntra
- Cleartrip Offers:
- Flights: 7% instant discount + 5% cashback
- Hotels: 20% instant discount + 5% cashback
- Buses: 10% instant discount + 5% cashback
- 4% Cashback on preferred/select merchants
- 1% Cashback on all other eligible spends
Cashback not applicable on fuel, rent, government payments, insurance, education, jewelry, gaming, wallets, and EMI-based transactions.
Annual Fee Reversal
- Annual fee of ₹500 reversed on spending ₹3.5 lakh or more in the previous membership year.
Fuel Surcharge Waiver
- 1% fuel surcharge waiver across petrol pumps in India
- Transaction value: ₹500 to ₹4,000
- Maximum waiver: ₹400 per statement cycle
- GST and other charges excluded
Card Features
Contactless Payments
- Enabled with VISA PayWave for secure tap-and-pay transactions.
Cash Withdrawal
- Access to cash from over 1 million ATMs worldwide.
Add-on Cards
- Up to 3 add-on cards for family members above 18 years of age.
Utility Bill Payments
- Pay electricity, mobile, telephone, and other utility bills using the card.
Flexipay (EMI Conversion)
- Convert transactions of ₹2,500 or more into EMIs within 30 days via sbicard.com.
Balance Transfer
- Transfer outstanding balances from other bank credit cards and repay through EMIs at lower interest rates.
Fees & Charges
- Joining Fee: ₹500 + applicable taxes
- Annual Renewal Fee: ₹500 from the second year onwards
- Add-on Card Fee: Nil
- Annual fee reversed on meeting spend criteria
Disclaimer
This content is provided for informational purposes only and is not an official communication from SBI Card or Flipkart. Card features, cashback rates, fees, and eligibility criteria are subject to change. Users should refer to the official SBI Card website and the Most Important Terms & Conditions (MITC) before applying.
