Flipkart SBI Card Review 2026 — Fees, Rewards & Eligibility
Issuer: State Bank of India (SBI)
Network: Visa | Tier: Entry
The Flipkart SBI Credit Card is a value-driven shopping card offering direct cash benefits. It delivers a steady 4.9% cashback on Flipkart purchases and 1.5% cashback on all other online spends, making it highly rewarding for e-commerce shoppers.
Why Choose the Flipkart SBI Card?
The Flipkart SBI Card is a Entry-tier Visa credit card issued by State Bank of India (SBI), rated 4.6/5 by the Credit Card Hunt editorial team. It is best suited for Myntra flipkart users. With a reward rate of 7.5% cashback on Myntra and an annual fee of 500 + taxes, it ranks among the popular Rewards cards in India in 2026.
New cardholders are welcomed with Rs. 250 Flipkart Gift Card on fee realisation Rs. 1000 additional benefit on the first transaction on Flipkart., which adds immediate value in the first year.
Flipkart SBI Card Fees & Charges
| Annual Fee | 500 + taxes |
|---|---|
| Joining Fee | 500 + taxes |
| Interest Rate | 7 to 10% |
| Foreign Markup | 2% + GST |
| Fuel Surcharge Waiver | 1% |
Flipkart SBI Card Rewards & Benefits
| Reward Rate | 7.5% cashback on Myntra |
|---|---|
| Welcome Bonus | Rs. 250 Flipkart Gift Card on fee realisation Rs. 1000 additional benefit on the first transaction on Flipkart. |
| Lounge Access | 12% off on Cleartrip |
| Best For | Myntra flipkart users |
Key Highlights of the Flipkart SBI Card
- 5% Cashback on Flipkart
- 12% Off on Cleartrip
- 7.5% Cashback on Myntra
- 4% Cashback on Preferred / Select Merchants
- 1% Cashback on all other eligible spends
Flipkart SBI Card Eligibility Criteria
- Minimum income ₹10 lakh per annum
- Good CIBIL score (750+)
- Age 21-65 years
Minimum Income Required: Rs. 3.5 Lakhs
Advantages of the Flipkart SBI Card
- High 4.9% cashback directly on Flipkart platform shopping
- Flat 1.5% cashback on all other online retail transactions
- Direct statement credit cashback model (no manual point redemption needed)
- Low annual renewal fee of ₹499
- Accelerates savings for frequent festive-season digital shoppers
Drawbacks of the Flipkart SBI Card
- Offline retail purchases earn a lower cashback rate of 1%
- No complimentary domestic or international airport lounge access included
- Excludes cashback on fuel
- rent
- wallet loads
- and EMI conversions
- Annual fee waiver requires a relatively high annual spend of ₹2 Lakhs
- Higher baseline foreign currency markup fee of 3.5%
Flipkart SBI Card — Frequently Asked Questions
What is the annual fee of the Flipkart SBI Card?
The Flipkart SBI Card has an annual fee of 500 + taxes and a joining fee of 500 + taxes. New cardholders receive Rs. 250 Flipkart Gift Card on fee realisation Rs. 1000 additional benefit on the first transaction on Flipkart. as a welcome benefit, which helps offset the joining cost.
Does the Flipkart SBI Card offer airport lounge access?
Yes — the Flipkart SBI Card offers 12% off on Cleartrip.
Who is eligible for the Flipkart SBI Card?
The minimum income requirement is Rs. 3.5 Lakhs. Banks typically also look for a CIBIL score of 700 or above and a clean repayment history.
What is the reward rate of the Flipkart SBI Card?
The Flipkart SBI Card earns 7.5% cashback on Myntra. It is best suited for Myntra flipkart users.
Credit Cards Similar to the Flipkart SBI Card
If you are considering the Flipkart SBI Card, these rewards credit cards are worth comparing before you apply:
- HDFC Infinia by HDFC Bank — rated 4.9/5, ₹12,500 + GST annual fee
- Diners Club Black Credit Card by HDFC Bank — rated 4.8/5, ₹10,000 annual fee
- Platinum Card by American Express (Amex) — rated 4.8/5, ₹60,000 annual fee
- Axis Magnus by Axis Bank — rated 4.7/5, ₹12,500 + GST annual fee
Expert Rating: 4.6/5