Flipkart SBI Card
SBI Card · Checked 2026-10-09
Flipkart SBI Card is a paid card focused on straightforward cashback, shopping rewards and online spending, charging ₹500 annually before GST.
CardIQ editorial view
Our take
Flipkart SBI Card is a paid card focused on straightforward cashback, shopping rewards and online spending, charging ₹500 annually before GST.
Who it suits
- People who prioritise straightforward cashback.
- People who prioritise shopping rewards.
- People whose normal usage can recover the annual fee through relevant benefits.
Key strengths
- 5% cashback on Flipkart/Cleartrip, 7.5% on Myntra, 4% at selected merchants; 1% on other eligible spends.
Trade-offs to understand
- Each accelerated category has its own ₹4,000 quarterly cashback cap; base cashback is uncapped.
- Fuel, rent, utilities, insurance, jewellery, wallet, government and other excluded categories earn no cashback.
- The ₹500 annual fee plus GST needs to be justified by benefits you will actually use.
CardIQ verdict
It deserves a place on the shortlist when your normal spending makes 5% cashback on flipkart/cleartrip, 7.5% on myntra, 4% at selected merchants; 1% on other eligible spends valuable enough to clear the fee. Factor in this condition: Each accelerated category has its own ₹4,000 quarterly cashback cap; base cashback is uncapped.
Compare before deciding
- Airtel Axis Bank Credit Card — A similarly priced alternative for comparing shopping rewards and online spending.
- Flipkart Axis Bank Credit Card — A similarly priced alternative for comparing shopping rewards and online spending.
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Benefits, limits and conditions
- Each accelerated category has its own ₹4,000 quarterly cashback cap; base cashback is uncapped.
- Fuel, rent, utilities, insurance, jewellery, wallet, government and other excluded categories earn no cashback.