Flipkart SBI Credit Card

The following are the key highlights of the Flipkart SBI Card:

Features & Benefits of Flipkart SBI Credit Card

Welcome Benefit

• ₹250 Flipkart gift card on joining fee realisation.
• The gift card will be shared with the cardholder over the registered E-mail ID or Mobile Number within 60 days of fee realisation.
• The gift card comes with a validity of 1 year from the date of card issuance.
• Additional benefits worth ₹1,000 on the first transaction on Flipkart using the card within 30 days of approval.

Cashback

• 5% cashback on Flipkart and Cleartrip.
• 7.5% cashback on Myntra.
• 4% cashback on preferred/ select merchants.
• 1% cashback on all other eligible spends.
• Cashback is not applicable on Merchant EMI/ Flexipay EMI transactions, Fuel, Rental, Government Payments, Jewellery, Insurance, Schools/ Education, Gaming, Wallets, EMI Spends on Flipkart, Cleartrip, and Myntra.

Annual Fee Reversal

• Get the annual fee of ₹500 plus applicable taxes reversed on annual spends of ₹3.5 Lakhs in the preceding year.

Fuel Surcharge Waiver

• 1% fuel surcharge waiver at all petrol pumps in India. 
• Offer valid on transactions between ₹500 to ₹4,000, exclusive of GST & other charges.
• The maximum fuel surcharge waiver available is ₹400 per statement cycle, per credit card account.

Other Benefits

• Cash withdrawal facility from over 1 million ATMs across the globe.
• Up to 3 members add-on cards for parents, spouse, children or siblings, aged above 18 years of age.
• Pay electricity/ telephone/ mobile/ other utility bills using the Easy Bill Pay facility.
• With Flexipay, convert your transactions of ₹2,500 or more into easy EMIs within 30 days of purchase.

The following are the fees and charges associated with the Flipkart SBI credit card:

• Joining fee: ₹500 + taxes.
• Annual fee: ₹500 + taxes; Reversed on annual spends of 3.5 Lakhs or more in the preceding year.
• Foreign currency transaction fee: 3.5%.
• Finance charges: Up to 3.75% per month (45% per annum).
• Late payment charges: Up to ₹1,300 (depends on the outstanding amount).
• Cash payment fee: ₹250 + applicable taxes.
• Cash advance fee: 2.5% of transaction amount or ₹500, whichever is higher.
• Over limit fees: 2.5% of the overlimit amount exceeding the credit limit or ₹600, whichever is higher.
• Payment dishonor: 2% of the payment amount (minimum ₹500).
• Utility payments fee: 1%, if the sum of all utility payments in a billing cycle exceeds ₹50,000.
• Card replacement charges: ₹100 to ₹250.
• Rewards redemption fee: ₹99 applicable only on physical products.
• Processing fee for rent payment transactions: ₹199. 
• Cheque payment fee: ₹100.
• Dynamic & static currency conversion markup fee: 3.50% (for transactions of ₹1,000 or above).

The eligibility criteria for the SBI credit card are mentioned below:

• Minimum age: 21 years
• Maximum age: 70 years
• Occupation: Salaried or self-employed
• Other criteria: Regular source of Income, good credit score, etc.

If you want to get a Flipkart SBI card, you can apply online on our portal by following the steps given below:

• Click on the ‘Credit Cards’ section on the homepage and choose ‘SBI Credit Card’ from the dropdown menu.
• Select the desired credit card from the given options. 
• Click on the ‘Apply Now’ tab and enter all the required details.
• Verify your mobile number with an OTP.
• Soon, you will be contacted by our credit card experts to help you complete the credit card application process.