Flipkart SBI Card
SBI Card · Visa · Entry card
Useful for concentrated Myntra, Flipkart and Cleartrip spend because each published accelerator has its own quarterly limit.
Flipkart, Myntra and Cleartrip shoppers who want a lifetime-free card.
Terms checked 21 Sept 2026
- Annual fee
- ₹500 + GST
- Joining fee
- ₹500 + GST
- Base reward rate
- 1%
- Forex markup
- 3.5%
Reward rates by spending category
Named merchant rates apply only to eligible purchases with that merchant. The category table uses conservative rates for other spending.
Named merchant rates
- Myntra
- 7.5%
- Flipkart
- 5%
- Zomato
- 4%
| Category | Recorded rate |
|---|---|
| Online shopping | 1% |
| Travel & hotels | 1% |
| Dining & delivery | 1% |
| Groceries & essentials | 1% |
| Bills & utilities | 1% |
| Subscriptions & streaming | 1% |
| Beauty & wellness | 1% |
| Entertainment & movies | 1% |
| Offline store shopping | 1% |
| International spending | 1% |
| Healthcare & pharmacy | 1% |
| Other miscellaneous | 1% |
| Fuel & commute | 0% |
| House rent | 0% |
| Insurance premiums | 0% |
| Education & family | 0% |
| Gold & jewellery | 0% |
Caps and fee waiver
- Reward caps
- Myntra cashback: ₹4,000/quarter · Flipkart and Shopsy cashback: ₹4,000/quarter · Cleartrip cashback: ₹4,000/quarter · Selected-partner cashback: ₹4,000/quarter
- Annual fee waiver
- At ₹3,50,000 annual spending
- Monthly income requirement
- Approx. ₹25,000/month
Airport lounge access
No complimentary airport lounge access recorded
Benefits & conditions
Expand a category to see recorded benefits, fees and eligibility, with conditions and links to the sources. Categories without recorded details are grouped below; missing information does not mean a benefit is unavailable.
Rewards and cashback · 8 items
Myntra cashback
Usage-based value7.5% applies only to eligible Myntra transactions.
Conditions: 7.5% applies only to eligible Myntra transactions.
Flipkart and Shopsy cashback
Usage-based value5% applies only to eligible Flipkart and Shopsy transactions.
Conditions: 5% applies only to eligible Flipkart and Shopsy transactions.
Cleartrip cashback
Usage-based value5% applies only to eligible Cleartrip transactions.
Conditions: 5% applies only to eligible Cleartrip transactions.
Selected-partner cashback
Usage-based value4% applies only to the currently listed Zomato, Uber, Netmeds and PVR transactions.
Conditions: 4% applies only to the currently listed Zomato, Uber, Netmeds and PVR transactions.
Other eligible cashback
Usage-based value1% applies to other eligible purchases; fuel, wallets, prepaid or gift products, rent, government, education, jewellery, insurance, gaming and EMI are excluded.
7.5% cashback on eligible Myntra purchases
Shown without a cash value5% cashback on eligible Flipkart, Shopsy and Cleartrip purchases
Shown without a cash value4% cashback at selected partners, with separate quarterly caps
Shown without a cash value
Fees · 2 items
Annual card fee
Cost ₹500₹500 annual fee before applicable tax.
Joining fee
Cost ₹500₹500 one-time joining fee before applicable tax.
Fee waiver · 2 items
Annual fee waiver
Usage-based · up to ₹500Annual fee may be waived after ₹3,50,000 of eligible annual spending.
Conditions: Reach ₹3,50,000 eligible annual spending
₹500 annual fee waived after ₹3.5 lakh of eligible annual spend
Shown without a cash value
Welcome benefits · 3 items
₹250 joining-fee Flipkart voucher
Recorded value ₹250Flipkart voucher after realization of the applicable joining fee.
Conditions: Pay the applicable joining fee
₹500 Flipkart application-channel voucher
Recorded value ₹500Additional Flipkart voucher for applications completed through the eligible Flipkart journey.
Conditions: Apply through the eligible Flipkart app journey · Make the first eligible Flipkart transaction within 30 days
₹500 Cleartrip application-channel voucher
Recorded value ₹500Additional Cleartrip voucher for applications completed through the eligible Flipkart journey.
Conditions: Apply through the eligible Flipkart app journey · Make the first eligible Flipkart transaction within 30 days
Fuel benefits · 1 item
1% fuel surcharge waiver on eligible fuel transactions up to ₹4,000, capped at ₹400 per statement cycle
Shown without a cash value
Foreign-currency charges · 1 item
Foreign-currency markup
Usage-based value3.5% foreign-currency markup before applicable tax.
Conditions: Applies to eligible foreign-currency transactions
Eligibility and availability · 1 item
Application eligibility
Shown without a cash valueApplication availability: open. No universal verified numeric income threshold is used as a hard filter. The reviewed sources do not publish one universal numeric income threshold.
Other categories (11)
These categories have no detailed entries. We distinguish confirmed absences from information that still needs review.
Spend milestones
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source 1 ↗Official source 2 ↗Card tiers
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source 1 ↗Official source 2 ↗Airport lounge access
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source 1 ↗Official source 2 ↗Movies and entertainment
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source 1 ↗Official source 2 ↗Travel privileges
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source 1 ↗Official source 2 ↗Dining
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source 1 ↗Official source 2 ↗Golf
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source 1 ↗Official source 2 ↗Insurance and protection
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source 1 ↗Official source 2 ↗Memberships
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source 1 ↗Official source 2 ↗Concierge
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source 1 ↗Official source 2 ↗Other benefits
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source 1 ↗Official source 2 ↗
What stands out
- ✓ 7.5% cashback on eligible Myntra purchases
- ✓ 5% cashback on eligible Flipkart, Shopsy and Cleartrip purchases
- ✓ 4% cashback at selected partners, with separate quarterly caps
- ✓ ₹500 annual fee waived after ₹3.5 lakh of eligible annual spend
What to watch
This card is not lifetime free. Selected-merchant accelerators, application-channel welcome gifts and exclusions are conditional.
Recorded exclusions
Fuel Commute · Wallet load · Gift cards · Rent · Government payments · Education Family · Gold Jewellery · Insurance · Gaming · Emi
How GainFair evaluates this card
The personal card advisor applies your monthly spending to category rates, limits rewards at the applicable caps, adds eligible movie, milestone and lounge value, and subtracts annual fees plus foreign-currency markup and GST. It can recommend keeping your current cards when a new card does not create enough incremental value.
Affiliate disclosure: Affiliate link · GainFair may earn a commission if you complete a qualifying action. You pay nothing extra, and compensation never affects recommendations or rankings. Read the full disclosure.
Compare against
These cards have the closest mix of purpose, reward style, fee model and tier. They are suggestions for comparison, not rankings.
Issuer sources
Open the sources used for this card's product details, rewards, fees and eligibility.
Sources checked 21 Sept 2026