LUCKNOW – SBI Card and Flipkart have partnered to launch the new Flipkart SBI Credit Card, aiming to provide enhanced value, rewards, and a seamless payment experience for shoppers.
Cashback and Rewards
The card offers a multi-tiered cashback system, with benefits across several popular platforms. Cardholders get:
- 7.5% cashback on Myntra.
- 5% cashback on purchases from Flipkart, Shopsy, and Cleartrip.
- 4% cashback on transactions with partners like Zomato, Uber, Netmeds, and PVR.
- An unlimited 1% cashback on all other eligible purchases.
A notable feature is that cashback is credited directly to the customer’s account within just two days of the bill, providing quick and hassle-free rewards.
Seamless Digital Application
The application process is entirely digital, allowing customers to apply quickly through the Flipkart app or the SBI Card website. This ensures fast and smooth approvals, enhancing the user experience.
According to SBI Card MD & CEO Salila Pande, the card was designed to meet “the changing needs of our customers” by offering both value and convenience. Flipkart CEO Kalyan Krishnamurthy added that the partnership “helps us move closer” to the mission of expanding credit access to families across India.
Key Features and Launch Offer
The card comes with a joining and renewal fee of Rs 500 (plus taxes), which can be reversed if a customer’s annual spending exceeds Rs 3.5 lakh. Other benefits include a 1% fuel surcharge waiver and welcome rewards like Flipkart and Cleartrip e-gift cards.
To celebrate the launch, customers who apply through the Flipkart app have a chance to win one of 10 Samsung Galaxy Smartwatches and 100 Ambrane wireless power banks daily.
