A new co-branded credit card that offers several cashback incentives across e-commerce, travel, food delivery, and entertainment websites has been launched by SBI Cards and Payment Services in collaboration with Flipkart. The Flipkart SBI Credit Card offers cashback incentives in levels depending on different spending categories, according to the official website of SBI’s credit card division.
Purchases made on Myntra have a maximum reward of 7.5%, while transactions made with the card on Flipkart and Cleartrip get 5% cashback. Additionally, transactions on well-known online marketplaces like Zomato, Uber, Netmeds, and PVR are eligible for a 4% cashback. One percent cashback is available on other qualified transactions.
Once the membership cost has been paid, new members are entitled to receive a welcome prize in the form of a Rs 250 Flipkart gift card.
Additionally, there is an annual fee reversal benefit offered by the card. The Rs 500 renewal cost is waived for cardholders who have spent Rs 3.5 lakh or more in the past year.
Additionally, customers may take advantage of a 1% fuel price waiver at any Indian gas stations. With GST and other fees excluded, this benefit is offered on transactions between Rs 500 and Rs 4,000. The waiver is limited to Rs 400 every billing cycle, though.
Customers may make regular transactions with the Flipkart SBI Credit Card by just tapping the card against a secure scanner thanks to its contactless payment function. You don’t need to seek for cash or show your card to make the quick and simple purchase.
Furthermore, even if the card is touched more than once, technologies like VISA PayWave’s unique security key ensure that only one transaction is made.
Additionally, cardholders benefit from the ability to withdraw cash from more than one million ATMs worldwide. Three members of the family can profit from the card’s features thanks to its add-on cards.
Through the Flipkart SBI Credit Card’s Easy Bill Pay feature, which allows for direct card-to-card transfers for utility bills like power and cell phones, regular payment demands are also met.
The card contains the Flexipay feature for expensive purchases. Within 30 days after the purchase, transactions totaling more than Rs 2,500 can be converted into equivalent monthly installments. Customers may better manage their spending and repayments with the aid of this feature.
FAQ: Flipkart SBI Credit Card
1. What is the Flipkart SBI Credit Card?
The Flipkart SBI Credit Card is a co-branded credit card launched by SBI Cards in collaboration with Flipkart. It provides cashback rewards across e-commerce, travel, food delivery, entertainment, and other spending categories.
2. What are the cashback benefits?
Myntra: Up to 7.5% cashback
Flipkart & Cleartrip: 5% cashback
Zomato, Uber, Netmeds, PVR: 4% cashback
Other eligible transactions: 1% cashback
3. Is there a welcome benefit for new users?
Yes, new members who pay the membership cost receive a Rs 250 Flipkart gift card as a welcome gift.
4. Is there an annual fee?
The card has a Rs 500 annual fee, but it can be waived for users who spend Rs 3.5 lakh or more in a year.
5. Are there fuel surcharge benefits?
Yes, the card offers a 1% fuel surcharge waiver at all Indian petrol stations for transactions between Rs 500 and Rs 4,000 (excluding GST and other fees), up to Rs 400 per billing cycle.
6. Does the card support contactless payments?
Yes, the Flipkart SBI Credit Card supports contactless payments using Visa PayWave, allowing quick and secure transactions without swiping or entering a PIN for small amounts.
7. Can I withdraw cash using the card?
Yes, cardholders can withdraw cash at over one million ATMs worldwide.
8. Are add-on cards available?
Yes, up to three add-on cards can be issued for family members to enjoy the card benefits.
9. Does the card have an Easy Bill Pay feature?
Yes, cardholders can pay utility bills like electricity and mobile bills directly from their credit card using the Easy Bill Pay feature.
10. What is the Flexipay feature?
Flexipay allows users to convert transactions above Rs 2,500 into monthly installments within 30 days of purchase, helping manage spending and repayments effectively.
11. How secure is the card for multiple contactless transactions?
The card uses Visa PayWave’s unique security key, ensuring that even if the card is tapped multiple times accidentally, only one transaction is processed.
12. Who is eligible to apply for the Flipkart SBI Credit Card?
Any individual meeting SBI Cards’ standard credit eligibility criteria can apply, subject to income and credit score verification.
13. Can I earn rewards on offline purchases?
Yes, you earn 1% cashback on all other eligible offline and online purchases outside the listed partner platforms.
14. Is there a limit to the cashback on Flipkart and Myntra?
Yes, each cashback category may have a maximum limit per month or per transaction as per the terms mentioned by SBI Cards.
15. Can I use the card internationally?
Yes, the Flipkart SBI Credit Card is accepted worldwide at merchants and ATMs that accept Visa cards.
16. How do I redeem the cashback?
Cashback is automatically credited to your Flipkart account or billing statement, depending on the transaction type and category.
17. Are there any joining bonuses apart from the Rs 250 gift card?
Currently, the welcome bonus is Rs 250 Flipkart gift card, but SBI may offer additional limited-time promotions.
18. Can I link multiple Flipkart accounts to one card for rewards?
No, rewards are typically credited to the Flipkart account linked to the card during registration.
19. How does the Flexipay feature work for high-value purchases?
Transactions above Rs 2,500 can be converted into EMI-like monthly installments within 30 days of purchase, allowing easier payment management.
20. Are there any fees for add-on cards?
Add-on cards may have minimal fees or may be free, depending on SBI Cards’ policy at the time of issuance.
21. Can I use the Easy Bill Pay for recurring subscriptions?
Yes, you can set up recurring bill payments for utilities, mobile, DTH, and other eligible services using Easy Bill Pay.
22. What security measures are in place for online transactions?
The card supports 3D Secure and OTP verification, ensuring all online transactions are secure.
23. Can I combine the card with other SBI or Flipkart offers?
Yes, cashback benefits are often stackable with Flipkart sales or promo codes, but always check the terms for exclusions.
24. Is there a mobile app to track rewards and payments?
Yes, you can track spending, rewards, and billing using the SBI Card mobile app or Flipkart account.
25. What is the billing cycle and payment due date?
The card follows a monthly billing cycle, and the payment due date is usually 25–30 days from the statement date.
26. What is the annual fee for the Flipkart SBI Credit Card?
The card has an annual fee of Rs 500, which can be waived if your yearly spending exceeds Rs 3.5 lakh.
27. Are there fuel surcharge waivers on all fuel stations?
Yes, the 1% fuel surcharge waiver is applicable at all petrol pumps in India on transactions between Rs 500 and Rs 4,000, capped at Rs 400 per billing cycle.
28. How many add-on cards can I issue for family members?
You can issue up to 3 add-on cards for family members, sharing the same benefits.
29. Can I set spending limits on add-on cards?
Yes, you can set customized limits on each add-on card through the SBI Card app.
30. Does the card support contactless payments?
Yes, the card features contactless payment, allowing secure tap-to-pay transactions for quick purchases.
31. Can I use the card for flight and hotel bookings?
Yes, you can earn 5% cashback on Flipkart and Cleartrip, making it suitable for online travel bookings.
32. How do I check my cashback balance?
You can view cashback rewards in the Flipkart app or SBI Card app under your rewards or statement section.
33. Is there a welcome bonus for new users?
Yes, new cardholders receive a Rs 250 Flipkart gift card after paying the membership cost.
34. Can I pay utility bills using this card?
Yes, the Easy Bill Pay feature allows direct card-to-card payments for electricity, mobile, DTH, and more.
35. Can I convert my EMI purchase back to full payment?
Yes, if the payment is within the 30-day Flexipay window, you can switch between EMI and full payment.
36. Are there any interest-free days?
Yes, standard SBI credit card interest-free period of up to 50 days applies if the full bill is paid by the due date.
37. What is the minimum payment required each month?
The minimum payment is usually 5% of the total outstanding or Rs 500, whichever is higher.
38. Is there a late payment fee?
Yes, late payment charges apply if the minimum due is not paid by the due date.
39. Can I upgrade the card to a higher variant?
Yes, SBI allows upgrades to higher variants of Flipkart SBI cards for enhanced rewards and benefits.
40. Can I use the card for international travel and online shopping?
Yes, the card works globally wherever Visa is accepted, including international e-commerce websites.
41. Is there a spending cap for earning cashback?
Yes, cashback percentages are applicable up to certain transaction limits, depending on the category. Specific limits are listed in the official SBI Card terms.
42. How do I activate my new Flipkart SBI Credit Card?
You can activate the card via the SBI Card app, net banking, or by calling the customer care number provided with the card.
43. Can I link multiple Flipkart accounts to the same card for cashback?
No, cashback is credited only to the Flipkart account linked with your SBI card at the time of registration.
44. Are there any charges for foreign currency transactions?
Yes, standard foreign currency markup fees apply as per SBI Card policies.
45. Can I track my Flexipay EMI payments?
Yes, you can track all Flexipay conversions and EMIs through the SBI Card app or monthly statement.
46. What happens if my Flipkart SBI Credit Card is lost or stolen?
Immediately report it via SBI Card helpline or app to block the card and prevent unauthorized transactions.
47. Can I get reward points along with cashback?
This card is primarily cashback-focused, so reward points are generally not applicable except as per any special promotional offers.
48. Does the card provide concierge or lifestyle benefits?
Yes, select premium variants may have concierge services and lifestyle offers, check the SBI Card website for details.
49. Can I use the card for recurring subscription payments like Netflix or Spotify?
Yes, the card can be used for all recurring online payments, and cashback may apply depending on the category.
50. How long does it take to receive the cashback?
Cashback is typically credited within 90 days of the qualifying transaction to your Flipkart account or statement balance.
51. Are there any annual milestone rewards?
Yes, SBI may provide annual milestone benefits for cardholders who spend above a certain amount in a year.
52. Can I set automatic bill payments with this card?
Yes, you can use Easy Bill Pay to set automatic payments for utility and mobile bills.
53. What is the validity of the Flipkart gift card received as a welcome bonus?
The Flipkart gift card is generally valid for 12 months from the date of issue, but always check the specific terms.
54. Can I combine Flipkart cashback with other SBI Card offers?
Some offers can be stacked with other SBI promotions, but category-specific cashback is applied as per terms.
55. How do I redeem my cashback?
Cashback can be used directly on Flipkart purchases or reflected as statement credit, depending on the applicable scheme.
56. Can I add family members to the card?
Yes, you can get up to three add-on cards for family members, and they can enjoy the same benefits and cashback offers.
57. Are there any joining fees for add-on cards?
Typically, add-on cards are free, but check the official SBI Card terms to confirm.
58. Can I use the card at offline retail stores?
Yes, it is a VISA contactless credit card, so you can use it at all offline stores that accept VISA cards.
59. Is there a minimum spend requirement to earn cashback?
No, cashback is generally earned on all eligible transactions, but some category-specific offers may have a minimum transaction amount.
60. Does the card support contactless payments?
Yes, the Flipkart SBI Credit Card supports tap-and-pay contactless transactions for faster and secure purchases.
61. Can I pay my mobile and DTH bills using this card?
Yes, using the Easy Bill Pay feature, you can pay mobile, DTH, electricity, and utility bills directly through the card.
62. How does the fuel surcharge waiver work?
You get 1% fuel surcharge waiver at petrol pumps across India on transactions between ₹500 and ₹4,000, capped at ₹400 per billing cycle.
63. Can I convert any high-value purchase into EMI?
Yes, the Flexipay feature allows you to convert transactions above ₹2,500 into EMIs within 30 days of purchase.
64. Is there a limit on EMI conversion using Flexipay?
Yes, the Flexipay limit depends on your card credit limit and the specific transaction amount.
65. Are there special offers during Flipkart Big Billion Days?
Yes, SBI Cards often run extra cashback promotions during Flipkart sales events, subject to terms and conditions.
66. Can I pay using this card on other e-commerce platforms besides Flipkart and Myntra?
Yes, you can use it anywhere Visa cards are accepted, but cashback rates may vary by platform.
67. Does the card have a mobile app for tracking spending?
Yes, you can track all transactions, cashback, and rewards via the SBI Card app.
68. How do I check my available cashback?
You can check cashback through your SBI Card app, monthly statement, or Flipkart account linked to the card.
69. What are the eligibility criteria to apply for the card?
Eligibility includes minimum age, income, and credit score requirements, as specified on the SBI Cards official website.
70. Can I pay Flipkart installments using UPI with this card?
Yes, you can pay Flexipay EMIs or normal installments using UPI or other accepted payment methods.
71. Does the card offer reward points on international transactions?
Yes, international purchases earn 1% cashback, subject to currency conversion and applicable fees.
72. Is there a welcome gift for new cardholders?
Yes, new members receive a ₹250 Flipkart gift card after paying the membership fee.
73. How is the annual fee waived?
If you spend ₹3.5 lakh or more in a year, the ₹500 renewal fee is waived automatically.
74. Can I use the card for travel bookings?
Yes, you get 5% cashback on Cleartrip bookings, along with other travel-related benefits.
75. Are cashback rewards capped?
Yes, some category-specific cashbacks may have a maximum limit per month or billing cycle.
76. How do I redeem the cashback?
Cashback is automatically credited to your Flipkart account or card statement, depending on the offer.
77. Can I use the card for food delivery services?
Yes, purchases on platforms like Zomato and Swiggy are eligible for 4% cashback.
78. Are there rewards for movie ticket bookings?
Yes, transactions on PVR and other entertainment platforms offer 4% cashback.
79. Is the card contactless and secure?
Yes, it uses Visa PayWave technology for secure tap-and-go payments, even for multiple taps in a single transaction.
80. Can I withdraw cash from ATMs using this card?
Yes, cash withdrawal is possible at over 1 million ATMs worldwide, subject to fees.
81. Does the card support EMI conversion for electronics and gadgets?
Yes, the Flexipay feature allows you to convert eligible purchases above ₹2,500 into monthly EMIs.
82. Are there any GST or service charges on cashback?
Cashback is usually credited net of GST; service charges may apply for specific features.
83. Can I use the card at offline retail stores?
Yes, it is accepted at any retail outlet supporting Visa cards, both online and offline.
84. Does the card offer priority support for disputes or lost card reporting?
Yes, SBI Cards provide 24/7 customer support for lost cards, disputes, or billing issues.
85. Can the cashback be used to pay bills on Flipkart?
Yes, cashback credited to your Flipkart account can often be used for future purchases or bill payments.
86. Can I get add-on cards for family members?
Yes, up to 3 add-on cards can be issued for family members, sharing the main card’s benefits.
87. Is there a maximum cashback limit on fuel surcharge waiver?
Yes, the 1% fuel surcharge waiver is capped at ₹400 per billing cycle.
88. What is the minimum transaction to avail fuel surcharge waiver?
The waiver applies for transactions between ₹500 and ₹4,000 at Indian fuel stations.
89. Can I pay utility bills using this card?
Yes, the Easy Bill Pay feature allows direct payments for electricity, mobile, and other utility bills.
90. Does the card support contactless mobile wallets?
Yes, the card can be added to Google Pay, Apple Pay, or Samsung Pay for contactless payments.
91. Is there a validity period for the welcome gift?
Yes, the ₹250 Flipkart gift card must be used within the time frame specified by Flipkart, usually a few months.
92. Are there cashback offers on Myntra?
Yes, purchases on Myntra get up to 7.5% cashback, the highest category benefit on this card.
93. Can I use the card at international online stores?
Yes, international online transactions are accepted, but cashback is 1% only.
94. Is there a reward on groceries and essentials?
No special cashback is offered for groceries unless purchased through eligible online platforms.
95. Are EMI conversions available on all transactions?
No, Flexipay EMIs are available only on transactions above ₹2,500 and select merchants.
96. How do I track my cashback rewards?
Cashback and rewards can be tracked via the SBI Card mobile app or your monthly statement.
97. Is there a joining fee for the first year?
Yes, a membership fee applies initially, but welcome benefits like the Flipkart gift card are offered.
98. Can I avail multiple cashback categories in a single transaction?
No, each transaction is credited according to one eligible category only.
99. Does the card offer airport lounge access?
No, the Flipkart SBI Credit Card does not include lounge access benefits.
100. Can I use the card for subscription services?
Yes, subscription payments like Netflix, Amazon Prime, or Zomato Gold can earn 1–4% cashback, depending on eligibility.
101. Are there cashback offers on travel bookings outside India?
No, 5% cashback is applicable on Flipkart and Cleartrip only; international travel earns 1% cashback.
102. Does the card have a contactless payment limit?
Yes, contactless payments may have a per-transaction cap, typically set by SBI Cards.
103. Can I pay my mobile postpaid bill using this card?
Yes, via the Easy Bill Pay feature, postpaid mobile bills can be paid directly.
104. Are the cashback rewards instant or credited monthly?
Cashback is typically credited in the next billing cycle, or to your Flipkart account for instant use.
105. Does the card support auto-pay features for recurring bills?
Yes, recurring payments can be set up with Easy Bill Pay or through registered merchant auto-debit.
106. Are there additional rewards during festive seasons?
Yes, SBI and Flipkart often run special seasonal campaigns with bonus cashback.
107. Can I use the card for online grocery platforms?
Yes, if the platform is eligible, 1% cashback applies unless it falls under special categories like Myntra or Flipkart.
108. Is there an app for managing the card?
Yes, the SBI Card mobile app allows tracking of spending, rewards, bills, and EMI conversions.
