Flipkart SBI Card

SBI Card · Open to apply

A shopping cashback card: 5% on Flipkart and Cleartrip, 7.5% on Myntra and 4% on Netmeds, PVR, Uber and Zomato, each up to ₹4,000 cashback a quarter, and 1% on everything else without a cap. Fuel, wallets, rent, government, education, jewellery, insurance, gaming and EMI earn nothing.

Annual fee
₹500 + GST a year
Joining fee
₹500 + GST
Fee waiver
Annual fee waived on ₹3,50,000 spend per card year
Base rate
1% cashback on all other eligible spends: 1% in Card Cashback (about 1% at cash value)
Lounges
None on record
Forex markup
3.5%
Data
From bank documents, checked 6 Nov 2026

Main earn rates

  • 7.5% cashback on Myntra: 7.5% in Card Cashback (about 7.5% at cash value)
  • 5% cashback on Flipkart: 5% in Card Cashback (about 5% at cash value)
  • 5% cashback on Cleartrip: 5% in Card Cashback (about 5% at cash value)
  • 4% cashback on preferred merchants (Netmeds, PVR, Uber, Zomato): 4% in Card Cashback (about 4% at cash value)

Earns nothing on

  • No cashback at petrol pumps and service stations (MCCs 5172, 5541, 5542, 5983)
  • No cashback on wallet loads (MCCs 6540, 6541)
  • No cashback on rent and property management (MCCs 6513, 7349)
  • No cashback on government transactions (MCCs 9399, 9311)
  • No cashback on gaming (MCCs 5816, 7993, 7994)
  • No cashback on school and educational services (MCCs 5111, 5192, 5942, 5943, 5947, 8211, 8220, 8241, 8244, 8249, 8299, 8351)
  • No cashback on jewellery (MCCs 5051, 5094, 5944, 7631)
  • No cashback on insurance (MCCs 4225, 5962, 5963, 5964, 5965, 5966, 5968, 5969, 6300)
  • No cashback on gift or prepaid card loads and voucher purchases
  • No cashback on cash advances, ATM withdrawals and Encash
  • No cashback on Flexipay and Merchant EMI spends

Where the sources disagree

  • Cleartrip benefit: The product page says 12% off on Cleartrip; the booklet says 5% cashback; the Cleartrip offer terms (valid till 30 Jun 2026) split the 12% into a 7% instant discount and 5% cashback. We enter the booklet's 5% cashback and leave the instant discount in not_modelled, since its stated validity has passed.
  • First-transaction welcome benefit on Flipkart: The product page says "Rs. 1000 additional benefit on the first transaction on Flipkart"; the detailed offer terms of 11 Aug 2026 give a ₹500 Flipkart e-gift card on the first Flipkart transaction (from 12 Jun 2026) and ₹250 on fee payment, ₹750 in all. The terms are used.

Terms the calculator does not value

  • Limited-period welcome offers by where the application starts: applicants through the Flipkart app get a ₹500 Flipkart e-gift card after the first Flipkart transaction within 30 days (from 12 Jun 2026, "Limited Period Offer"), Myntra-app applicants a ₹500 Myntra e-gift card (26 Aug 2025 to 31 Dec 2026), and a flat ₹750 Cleartrip flights coupon (offer end date 31 Oct 2026). Not for every new holder, so not entered as welcome items.
  • The product page lists "12% off on Cleartrip". The Cleartrip offer terms give flights 12% (7% instant discount up to ₹1,500 domestic or ₹4,000 international per transaction, plus 5% cashback), hotels 25% (20% instant up to ₹5,000 plus 5%) and bus 15% (10% instant up to ₹150 plus 5%), "valid till 30th June 2026". Only the 5% cashback is in the booklet and is entered.
  • "Joining Fee is waived off for First-Year Free cards (offer during select period)": no dates or conditions are published.
  • Payments made using Standing Instructions or Fetch and Pay on SBI Card platforms (website, mobile app, chatbot) earn no cashback; the calculator cannot tell the route.
  • Cashback at Flipkart, Myntra, Cleartrip and the preferred merchants depends on merchant IDs the partner gives SBI Card; until they are approved the cashback does not accrue.

Sources

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