Why you should get it
Flipkart/Myntra Loyalists with High Online Spend
- 5% cashback on Flipkart and Cleartrip bookings
- 7.5% cashback on Myntra spends
- 4% cashback on preferred merchant partners
- Annual fee reversal on ₹3.5L annual spend
Back to Browse
Why get it Why skip it Step 1 Annual fee₹500 Fee waiver₹3,50,000 / year Best return5% Live offersNone right now Best redemptionNot highlighted MilestonesNo milestone edge Visits listedNo access Access ruleNo access Coverage sourceNeeds check
SBI • Visa
Flipkart SBI Card
Decision memo
Get it if
Keep this as primary card for Flipkart and Myntra orders, then shift overflow to a broad online cashback card
Skip it if
Do not model this as flat 5%-7.5% across all online merchants
Verified 12 Feb 2026VerifiedHigh confidence2 sources checked
For Flipkart/Myntra Loyalists with High Online Spend. 5% on shopping spend. ₹500 fee, waiver at ₹3,50,000 / year. Skip it for lounge access.
Quick Overview
What matters before you apply.
You should be able to scan the fee, waiver rule, best use case, lounge condition, and biggest downside in one pass.
Why you may regret it
These are the rules and drawbacks most likely to make the card feel disappointing after signup.
- Category/merchant cashback has monthly cap behavior and exclusions
- No cashback on fuel, rent, education, utility, insurance, wallet load and selected other MCC buckets
- Lounge access is spend-gated and should not be assumed by default
Annual Fee₹500Joining fee ₹500
Spend to Waive Fee₹3,50,000 / yearWaived on ₹3.5L annual spend
Best Category Return5%Shopping spend
Lounge Access ConditionNo accessNo lounge access listed.
Quick notes
How to use the card well, and what to watch before applying.
How to use it well
- Keep this as primary card for Flipkart and Myntra orders, then shift overflow to a broad online cashback card.
- Track statement-cycle cashback progression to avoid post-cap low-yield spend.
- Route excluded categories (utilities, insurance, rent-style spends) to alternate cards.
Watch before applying
- Do not model this as flat 5%-7.5% across all online merchants.
- Exclusion lists and partner eligibility can materially change effective return.
- If annual spend stays below waiver threshold, net yield drops after fee drag.
Compare or Switch
What to do if this card is close, but not perfect.
Compare this card side-by-side or jump into a few strong alternatives before you move into the deeper research sections.
Same-bank step-up path
These are objective same-bank step-up options from the current rewards and lounge model.
Flipkart SBI Credit Card
Annual fee: ₹500
Shared focus: Shopping, CashbackHigher top earn rate (7.5%)Estimated +₹1,260/yr value
View DetailsSimilar Cards You Might Like
Value & Fees
Check if the card clears its own fee.
Keep the topline simple first. Open the calculators only if the fee, waiver rule, and reward shape still look attractive.
Joining fee ₹500
Waived on ₹3.5L annual spend
Shopping spend
Current Opportunities
Open the live value layer only if the card still looks strong.
Live offers, redemptions, and milestone math are useful for optimization, but they should not crowd the main decision.
Offer availability changes often.
This card is better treated as direct cashback or feature value.
No standout milestone boost highlighted.
Lounge Reality
Treat lounge as real value only after the rule check passes.
Keep the headline simple first. Open the full checklist and airport map only if lounge access matters for this card.
No complimentary lounge visits are currently listed.
Card-level policy notes: • Lounge access is spend-gated and should not be assumed by default Verify latest spend criteria and guest access with issuer before travel.
Derived from card policy signals
Lounge match needs verification
Lounge access data for this card could not be confidently matched. Please verify lounge eligibility directly with the issuer before relying on access.
Decision Details
Open the dense rulebook only when you are close to applying.
Earn exclusions, fine-print benefits, and fee rows matter, but they should sit behind an extra click instead of competing with the main overview.
Enriched decision data not available
This card does not have publishable enrichment records in the current high-confidence snapshot.
FAQ & Evidence
Keep proof and verification at the bottom.
This is the validation layer. Use it after the card already feels like a possible yes.