Flipkart SBI Credit Card
Rewards & Benefits
Welcome Benefits
Welcome Benefit: (a) INR 250 Flipkart Gift Card will be gifted to the cardholder on payment of the joining fee (b) Flipkart and Cleartrip e-gift cards worth INR 500 each on cardholder's first transaction on Flipkart within 30 days of card approval for applications made through the Flipkart App
Milestone Benefits
None
Cashback Rate
5% Cashback on Flipkart (quarterly cashback limit of INR 4,000).
5% cashback on Cleartrip (quarterly cashback limit of INR 4,000).
7.5% Cashback on Myntra (quarterly cashback limit of INR 4,000).
4% Cashback on Uber, Zomato, Netmeds, PVR (quarterly cashback limit of INR 4,000).
1% uncapped cashback on all other spends, excluding some.
Movie Benefits
4% Cashback on Uber, Zomato, Netmeds, PVR (quarterly cashback limit of INR 4,000). 1% uncapped cashback on all other spends, excluding some.
Dining Benefits
4% Cashback on Uber, Zomato, Netmeds, PVR (quarterly cashback limit of INR 4,000). 1% uncapped cashback on all other spends, excluding some.
Other Benefits
Annual fee reversal on credit card spends of INR 3.5 Lakh.
Lounge Access
None.
Rewards & Benefits
Welcome Benefits
Welcome Benefit: (a) INR 250 Flipkart Gift Card will be gifted to the cardholder on payment of the joining fee (b) Flipkart and Cleartrip e-gift cards worth INR 500 each on cardholder's first transaction on Flipkart within 30 days of card approval for applications made through the Flipkart App
Milestone Benefits
None
Cashback Rate
5% Cashback on Flipkart (quarterly cashback limit of INR 4,000).
5% cashback on Cleartrip (quarterly cashback limit of INR 4,000).
7.5% Cashback on Myntra (quarterly cashback limit of INR 4,000).
4% Cashback on Uber, Zomato, Netmeds, PVR (quarterly cashback limit of INR 4,000).
1% uncapped cashback on all other spends, excluding some.
Movie Benefits
4% Cashback on Uber, Zomato, Netmeds, PVR (quarterly cashback limit of INR 4,000). 1% uncapped cashback on all other spends, excluding some.
Dining Benefits
4% Cashback on Uber, Zomato, Netmeds, PVR (quarterly cashback limit of INR 4,000). 1% uncapped cashback on all other spends, excluding some.
Other Benefits
Annual fee reversal on credit card spends of INR 3.5 Lakh.
Lounge Access
None.
Fees & Charges
Joining Fee
INR 500 + GST
Annual Fee
INR 500 + GST
Cash Advance Fee
2.5%
Interest rate
3.75% per month, 45% per annum
Late Payment Fee
Late Payment charges will be applicable if Minimum Amount Due is not paid by the payment due date. NIL for Outstanding Amount on payment date from Rs.0-Rs.500, Rs. 400 for Outstanding Amount greater than Rs. 500 & up to Rs. 1000; Rs. 750 for Outstanding Amount greater than Rs. 1000 & up to Rs. 10,000; Rs. 950 for Outstanding Amount greater than Rs. 10,000 up to Rs. 25,000; Rs. 1100 for Outstanding Amount greater than Rs. 25,000 & up to Rs. 50,000; Rs. 1300 for Outstanding Amount greater than Rs. 50,000.
Foreign Currency Transactions Fee
3.5%
Other Fees
Reward Redemption Fee: INR 99
Fees & Charges
Joining Fee
INR 500 + GST
Annual Fee
INR 500 + GST
Cash Advance Fee
2.5% or ?500 whichever is higher
Interest rate
3.75% per month, 45% per annum
Late Payment Fee
Late Payment charges will be applicable if Minimum Amount Due is not paid by the payment due date. NIL for Outstanding Amount on payment date from Rs.0-Rs.500, Rs. 400 for Outstanding Amount greater than Rs. 500 & up to Rs. 1000; Rs. 750 for Outstanding Amount greater than Rs. 1000 & up to Rs. 10,000; Rs. 950 for Outstanding Amount greater than Rs. 10,000 up to Rs. 25,000; Rs. 1100 for Outstanding Amount greater than Rs. 25,000 & up to Rs. 50,000; Rs. 1300 for Outstanding Amount greater than Rs. 50,000.
Foreign Currency Transactions Fee
3.5%
Other Fees
Reward Redemption Fee: INR 99
Special Features
7.5% Cashback on Myntra (quarterly cashback limit of INR 4,000).
Eligibility Criteria
Age: You must be minimum 21 and maximum 70 years old.
Income: You must have a stable source of income.
Credit score: A good credit score is generally required.
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
There are three major ways to apply for the Flipkart SBI Credit Card:
1. Online:
This is fast and easy method.
Visit the SBI Card website.
Choose the "Credit Cards" tab and navigate to Flipkart SBI Credit Card.
Click on "Apply Now" button and fill out the online application form with all your details.
Upload the requisite documents, such as proof of identity, proof of address, and proof of income.
Submit the application form.
2. Offline:
This method involves visiting a SBI branch.
Ask for the Flipkart SBI Credit Card application form.
Fill out the form with all of your details.
Attach the requisite documents.
Submit the application form to the bank.
3. By Phone:
Contact the SBI Card helpline at 1860-180-1290 or 3902-0202.
Request for an Flipkart SBI Credit Card application form.
The bank will then send you the form by courier.
Fill out the form with all of your details.
Attach the requisite documents.
Send the completed application form back to the bank.
Contact Details
N/A
Account Opening and Procedure
The card launched by Flipkart in collaboration with SBI is one of the best credit cards in India when it comes to cashback. This card however, does not offer lounge visits and certain standard privliges such as discount on dining out. This card is best suited for online shoppers.
The card launched by Flipkart in collaboration with SBI is one of the best credit cards in India when it comes to cashback. This card however, does not offer lounge visits and certain standard privliges such as discount on dining out. This card is best suited for online shoppers.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai