Is The Flipkart SBI Credit Card The Best Credit Card Launched In 2025?

The Indian credit card landscape has been alive with innovation over the past few years. As e-commerce and digital shopping surge at an incredible pace, it’s no wonder that banks and financial institutions are partnering with online platforms to introduce co-branded credit cards. Among the most anticipated launches of 2025 is the new Flipkart SBI Credit Card.

But does it truly live up to the excitement? Can it compete effectively with the growing array of cashback and rewards credit cards available in India? More importantly, does it earn the title of Best Credit Card Launch of 2025?

Let’s delve into the specifics, examining the features, benefits, fees, pros, and cons of the Flipkart SBI Credit Card, and see how it stacks up against other options in the market.

Why Flipkart Joined Hands with SBI – The Story Behind India’s Hottest Credit Card Launch”

Before we dive into the details of the card, let’s explore why this partnership is significant.

Flipkart’s Reach: Flipkart stands as one of India’s largest e-commerce platforms, attracting millions of daily shoppers who purchase everything from smartphones to groceries.

SBI’s Trust: The State Bank of India is the largest bank in India and has a solid presence in the credit card sector through SBI Card.

Co-branded Power: By merging Flipkart’s shopping ecosystem with SBI’s banking expertise, the card aims to deliver exceptional value to online shoppers.

This isn’t Flipkart’s first venture into co-branded cards. The previous Axis Bank Flipkart Credit Card gained considerable popularity among regular shoppers. However, with SBI now involved, expectations are understandably elevated.

Key Features of Flipkart SBI Credit Card

Here are the standout benefits of the card that have captured everyone’s interest:

1. Welcome Benefit

• An INR 250 Flipkart Gift Card will be gifted to the cardholder on payment of the joining fee.

• Flipkart and Cleartrip e-gift cards worth INR 500 each on the cardholder's first transaction on Flipkart within 30 days of card approval for applications made through the Flipkart App

2. Cashback on Flipkart

• 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.Uncapped means there is no upper limit to how much cashback you can earn under this 1% category. So, whether you spend ₹5,000 or ₹5,00,000 in a year, you’ll keep getting 1% back. For example, even if you spend ₹2,00,000 in a year on such spends, you get ₹2,000 cashback, without any limit.

3. Benefits of Regular Spending

• Receive 1.5% cashback on all other online purchases.

• Get 1% cashback on offline transactions at any merchant location.

4. Fuel Surcharge Exemption

• Enjoy a 1% waiver on fuel purchases (₹500 to ₹3,000), limited to ₹250 per statement cycle.

5. Waiver of Annual Fee

• Annual fee: ₹499 + GST.

• Waived for annual spending exceeding ₹2,00,000.

Illustrative Savings

Below are a few practical examples of how one can save money by using the Flipkart SBI Card optimally.

Example 1: The Frequent Flipkart Shopper

Monthly expenditure on Flipkart: ₹10,000 → 5% cashback = ₹500

Other online expenses: ₹5,000 → 1.5% cashback = ₹75

Offline purchases: ₹5,000 → 1% cashback = ₹50

Total monthly cashback = ₹625 → ₹7,500 annually

Even after the ₹499 annual fee, this shopper enjoys net savings of ₹7,001.

Example 2: The Moderate Spender

Flipkart spending: ₹5,000/month → cashback = ₹250

Other online spending: ₹10,000/month → cashback = ₹150

Offline spending: ₹10,000/month → cashback = ₹100

Total monthly cashback = ₹500 → ₹6,000 annually

Still very rewarding, particularly for those who frequently shop online.

Example 3: The Occasional Shopper

Flipkart expenditure: ₹2,000/month → cashback = ₹100

Additional spending: ₹5,000/month → cashback = ₹50

In-store purchases: ₹5,000/month → cashback = ₹50

Total monthly cashback = ₹200 → ₹2,400 annually

Pros of Flipkart SBI Credit Card

✔ Generous cashback (5%) on Flipkart – ideal for dedicated shoppers.

✔ Extensive network of partner sites like Myntra and Cleartrip.

✔ Reasonable annual fee relative to the benefits offered.

✔ Welcome voucher provides immediate value.

✔ Simple redemption process – cashback is applied directly, unlike reward point systems that can be confusing.

✔ Supported by SBI, ensuring good acceptance and customer service availability.

Cons of Flipkart SBI Credit Card

✘ Cashback limit – High spenders might feel constrained due to a typical monthly cap on rewards (exact limits have not been revealed by SBI).

✘ Weak offline rewards – only 1% cashback, which is less competitive compared to many other cards available.

✘ Primarily beneficial for the Flipkart ecosystem – if you prefer shopping on Amazon or offline, there are better options.

✘ The condition for the annual fee waiver (₹2 lakh) may be challenging for average users.

Who Should Apply?

This card is essential for:

• Students and young professionals who frequently shop on Flipkart & Myntra.

• Families that do their monthly grocery, electronics, and lifestyle shopping on Flipkart.

• Travelers who can also take advantage of Cleartrip benefits.

This card is not suitable for:

• Individuals who primarily shop on Amazon or in physical stores.

• High spenders seeking premium lifestyle perks such as lounge access, travel miles, etc.

Comparison with Similar Cards

1. Flipkart SBI Card vs Amazon Pay ICICI Card

• Amazon Pay ICICI: 5% unlimited cashback on Amazon for Prime members, with no annual fee.

• Flipkart SBI: 5% cashback on Flipkart, but it comes with an annual fee of ₹499.

• Verdict: The Flipkart card is more advantageous for Flipkart shoppers, while the Amazon card is better for loyal Prime users.

2. Flipkart SBI Card vs Axis Bank Flipkart Card

• The Axis version provides 5% cashback on Flipkart, plus 4% on preferred partners.

• The SBI version focuses more on cashback with straightforward redemption.

• Verdict: SBI’s card appears to be cleaner and more user-friendly.

To know more special features of the card in detail and how to apply for the card, click here.

The Future of Co-branded Cards in India

As e-commerce giants engage in fierce competition, co-branded credit cards are set to remain relevant. The introduction of Flipkart SBI in 2025 signifies a crucial change:

• The emphasis is moving from reward points to direct cashback, which is favored by users.

• Anticipate more partnerships—Zomato, Swiggy, or even Ola/Uber cards could be on the horizon.

• The increasing acceptance of digital wallets like PhonePe further enhances the ecosystem.

Final Verdict: Is the Flipkart SBI Credit Card the Best Credit Card of 2025?

The Flipkart SBI Credit Card stands out as one of the most significant launches of 2025 in the entry-to-mid segment credit card arena.

• For Flipkart enthusiasts, this card is essentially a no-brainer. The 5% cashback on Flipkart can easily offset the annual fee within a month or two of regular purchases.

• If you are a balanced online shopper who divides spending between Amazon, Flipkart, and Myntra, you may still find it beneficial due to the partner perks.

• However, if you seek lounge access, premium travel benefits, or are primarily an Amazon shopper, this card might not suit your needs.

  
  

So, is it the Best Credit Card Launch of 2025? For online shoppers—YES. For those seeking a premium lifestyle, probably not.

Conclusion:

Best for Flipkart enthusiasts, students, young professionals, and online shopping lovers. If you spend at least ₹5,000 monthly on Flipkart, the Flipkart SBI Credit Card can feel like receiving free cash back. In 2025, with increasing inflation and fuel prices, cashback cards like this are precisely what savvy shoppers are looking for. If you want to know the unbiased AI score of the Flipkart SBI credit card, read the detailed review, click here.