Flipkart SBI Credit Card benefits
- 7.5% cashback on Myntra, up to ₹4,000 per quarter
- 5% cashback on Flipkart, including Shopsy and Flipkart Travel, up to ₹4,000 per quarter
- 5% cashback on Cleartrip, up to ₹4,000 per quarter
- 1% cashback on other eligible spends with no limit
- Joining and renewal fee of ₹500 before GST
- Renewal fee waived on yearly spends of ₹3.5 lakh or more
Flipkart SBI Credit Card rewards and cashback
| Where you spend | Rate | Monthly limit |
|---|---|---|
| MyntraMyntra only. The real limit is ₹4,000 per quarter; 1,333 is that limit spread over three months. | 7.5% back | 1,333 |
| FlipkartFlipkart only, including Shopsy and Flipkart Travel. The real limit is ₹4,000 per quarter; 1,333 is that limit spread over three months. | 5% back | 1,333 |
| CleartripCleartrip only. The real limit is ₹4,000 per quarter; 1,333 is that limit spread over three months. | 5% back | 1,333 |
| Everything else | 1% back | None |
No rewards on: Fuel, wallet loads, gift or prepaid card loads, voucher purchases, cash advances, rent, government payments, education, jewellery, insurance, gaming, EMI spends, card fees and balance payments.
All reward rules
- Each limit of ₹4,000 is separate for Flipkart, Myntra and Cleartrip. After the limit, that merchant earns no cashback until the quarter resets.
- The quarter runs over three billing cycles, starting from your first transaction after the account opens. It is not a calendar quarter.
- Four select merchants earn 4% cashback, up to ₹4,000 per quarter. The terms do not name them, so this rate is not listed as a category here.
- All other eligible spends earn 1% with no limit.
- Welcome benefit: a Flipkart e-gift voucher of ₹250 within 60 days of the fee being paid, valid for 1 year.
Flipkart SBI Credit Card annual fee and charges
- Joining fee
- ₹500
- Annual fee
- ₹500
- Fee waiver
- ₹3,50,000 a year
- Foreign currency markup
- 3.5%
The renewal fee is waived if you spend ₹3.5 lakh or more in the previous year. Fees are before GST.
Fuel surcharge: 1% waiver on fuel transactions up to ₹4,000, up to ₹400 per statement cycle.
Flipkart SBI Credit Card eligibility
- Age
- 21 to 70
SBI Card's issuance policy sets 21 to 65 years for salaried people and 25 to 70 years for self-employed people. Exceptions need internal approval. The documents we checked give no minimum income for this card.
The bank alone decides approval and your credit limit.
Flipkart SBI Credit Card lounge access
The bank's terms list no fixed number of free airport lounge visits on this card.
Frequently asked questions
What is the annual fee of the Flipkart SBI Credit Card?
The joining fee is ₹500 and the renewal fee is ₹500 a year, both before GST. The renewal fee is waived if you spend ₹3.5 lakh or more in the previous year.
Is the Flipkart SBI Credit Card lifetime free?
No. It has a ₹500 joining fee and a ₹500 renewal fee. You can avoid the renewal fee only by spending ₹3.5 lakh or more in the previous year.
What is the cashback limit on the Flipkart SBI Credit Card?
Flipkart, Myntra and Cleartrip each have a limit of ₹4,000 per quarter. After you reach a limit, that merchant earns no cashback until the quarter resets. Other eligible spends earn 1% with no limit.
How does the quarterly cashback limit reset?
The limit does not follow the calendar. It starts from your first transaction after the account opens and runs through the next three billing cycles. It resets after the third bill is generated.
Which spends earn no cashback on this card?
Fuel, wallet loads, gift or prepaid card loads, voucher purchases, cash advances, rent, government payments, education, jewellery, insurance, gaming and EMI spends earn no cashback.
Does the Flipkart SBI Credit Card give airport lounge access?
The card's terms, updated in October 2026, do not list any airport lounge benefit. The card is also not named in SBI Card's domestic lounge lists from January 2026.
Does the Flipkart SBI Credit Card have a fuel surcharge waiver?
Yes. You get a 1% waiver on fuel transactions up to ₹4,000, up to ₹400 per statement cycle. Fuel spends themselves earn no cashback.