Flipkart SBI Card
SBI
cashback onlineDining rewardsCashback focusedFuel surcharge waiver
₹500
Joining fee
₹500, waived at ₹3.5L spend
Annual fee
Reversed on spending Rs 3.5 lakh in a year. Joining fee waived for the Sept 1 - Oct 31, 2026 promotional window.
3.5%
Forex markup
4.5 / 5
Rating
Eligibility
Estimated minimum income: ₹20,000+/month
Estimated — not officially confirmed by the bank.
Estimated minimum CIBIL score: 650+
Estimated — not officially confirmed by the bank.
Lounge access
0 railway visits per year
Reward details
1% cashback, unlimited on other spends
- 7.5% cashback on Myntra — Rs 4,000/quarter
- 5% cashback on Flipkart (co-branded) — Rs 4,000/quarter
- 5% cashback + travel discounts (up to 7% off flights max Rs 1,500 domestic/Rs 4,000 international; 20% off hotels max Rs 5,000; 10% off buses max Rs 150) on Cleartrip — Rs 4,000/quarter
- 4% cashback on Partner merchants (Netmeds, Zomato, PVR, Uber) — Rs 4,000/quarter
Excluded from rewards: fuel, wallet loads, education, insurance, jewelry, gaming, EMI
- Fuel surcharge waiver 1%, up to Rs 400/month (spends Rs 500-4,000)
Real-world feedback
Sourced from user reviews and comparison sites (aggregator/user-sourced), not confirmed by the bank.
Praise
- Strong cashback on Myntra (7.5%); covers multiple lifestyle categories; low annual fee — Paisabazaar
Complaints
- Quarterly caps limit overall value; high annual-fee-waiver spend threshold (Rs 3.5 lakh); no lounge access; high forex markup (3.5%); low base cashback rate of just 1% — Paisabazaar
Sources
- Official (not independently verified) — Not separately fetched; figures drawn entirely from aggregator
- Aggregator — fees, forex, lounge, rewards, sentiment