SBI Card, India’s largest pure-play credit card issuer, has teamed up with Flipkart to launch the all-new Flipkart SBI Credit Card. The card was introduced in the presence of Mr. Challa Sreenivasulu Setty, Chairman of SBI, and Mr. Ashwini Kumar Tewari, Managing Director of SBI Card.
Designed for shoppers who love rewards, the Flipkart SBI Card offers exciting cashback benefits across a wide range of purchases. You can apply for the card digitally through the Flipkart App or SBI Card SPRINT on the SBI Card website.
Cashback highlights include:
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7.5% cashback on Myntra
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5% cashback on Flipkart, Shopsy, and Cleartrip
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4% cashback on select brands like Zomato, Uber, Netmeds, and PVR
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1% unlimited cashback on all other eligible spends
The cashback is automatically credited to your SBI Card account within two days of statement generation, making it seamless and hassle-free.
The card comes with a joining and annual renewal fee of around ₹500 plus taxes, along with welcome benefits worth ₹1,250. Plus, if your annual spends cross ₹3,50,000, you get a renewal fee reversal of ₹500. Cardholders also enjoy a 1% fuel surcharge waiver per statement cycle. The card is contactless and available on both Mastercard and VISA platforms.
To celebrate the launch, Flipkart and SBI Card are running a limited-time offer: applicants completing the card application process on the Flipkart app can win 10 Samsung Galaxy Smartwatches and 100 Ambrane wireless power banks every day.