Flipkart SBI Card

Charge

• Finance charges: up to 3.75% per month (45% p.a.).
• Minimum finance charge ₹25.
• Cash Advance Fee: 2.5% of transaction amount, minimum ₹500 (domestic and international ATMs).
• Cash Payment Fee: ₹250 + taxes.
• Cheque Payment Fee: ₹200.
• Payment Dishonor Fee: 2% of payment amount, minimum ₹500.
• Dynamic Currency Conversion Fee: 3.5%.
• Over Limit Fee: 2.5% of overlimit amount, minimum ₹600.
• Card Replacement Fee: ₹100 - ₹250.
• Rewards Redemption Fee: ₹99.
• Processing Fee on Rent Payment Transactions: ₹199.
• Utility Payments Fee (w.e.f. 1st Dec 2024): 1% if total utility payments exceed ₹50,000 in a billing cycle.
• Fee on Education Payments (w.e.f. 1st Nov 2025): 1% on payments made through third-party apps.
• Fee on Wallet Load (w.e.f. 1st Nov 2025): 1% on every wallet load transaction exceeding ₹1,000.
• Late Payment Charges: Nil for ₹0-₹100.
• ₹100 for >₹100 up to ₹500.
• ₹500 for >₹500 up to ₹1,000.
• ₹750 for >₹1,000 up to ₹10,000.
• ₹950 for >₹10,000 up to ₹25,000.
• ₹1,100 for >₹25,000 up to ₹50,000.
• ₹1,300 for >₹50,000.
• Additional Late Payment Charge of ₹100 for missing MAD for two consecutive cycles.

Verified · Most Important Terms & Conditions (MITC) – SBI Card (site-wide, covers all personal cards including Flipkart SBI Card) · 2026-08-01 · source

Interest-free period

• Interest free credit period of 20 to 50 days, applicable only on retail purchases and if previous month's outstanding balance is paid in full.
• Subject to submission of claims by the merchant.

Verified · Most Important Terms & Conditions (MITC) – SBI Card (site-wide, covers all personal cards including Flipkart SBI Card) · 2026-08-01 · source

Fuel surcharge waiver

1% fuel surcharge waiver on transactions up to ₹4,000, up to ₹400 waiver in a statement cycle.

Verified · Flipkart SBI Credit Card – Terms & Conditions Booklet · 2026-08-01 · source

Award example

• On spending ₹45,000 in a billing month (₹35,000 on Flipkart of which ₹10,000 was an EMI purchase, and ₹10,000 other spends), eligible spends = ₹35,000.
• Cashback = 5% of ₹25,000 (₹1,250) + 1% of ₹10,000 (₹100) = ₹1,350 total.

Verified · Flipkart SBI Credit Card – Terms & Conditions Booklet · 2026-08-01 · source

Redemption value

• Cashback is auto credited to the cardholder's account (directly credited to the SBI Card account within two working days of statement generation; all cashback earned auto credited within 15 days after the statement cycle).
• Cashback not applicable on transactions less than ₹100.
• Rewards Redemption Fee of ₹99 applies on physical products, statement credit and physically-sent vouchers (all cards except AURUM).
• Reward points valid for 24 months.

Verified · Flipkart SBI Credit Card – Terms & Conditions Booklet · 2026-08-01 · source

Reward cap

• Quarterly cashback limit of ₹4,000 each on Flipkart (incl. Shopsy, Flipkart Travel), Cleartrip, Myntra, and 4 Select Merchants.
• Post reaching the capping limit, cardholder will not earn any cashback for that quarter.

Verified · Flipkart SBI Credit Card – Terms & Conditions Booklet · 2026-08-01 · source

Reward exclusion

Verified · Flipkart SBI Credit Card – Terms & Conditions Booklet · 2026-08-01 · source

Insurance

• SBI Card offers complimentary lost/stolen card insurance/fraud liability cover on certain cards.
• The insurance is provided by an insurance company decided by SBI Card.
• Cardholders can also buy Health, Personal Accident, Motor, Travel, Home and Life insurance at affordable rates through the card.

Verified · Most Important Terms & Conditions (MITC) – SBI Card (site-wide, covers all personal cards including Flipkart SBI Card) · 2026-08-01 · source

Eligibility

• For salaried segment, applicant age between 21-65 years.
• For self-employed, between 25-70 years.
• Add-on cards can be issued for spouse, parents, siblings and children over 18 years of age.

Verified · harvested from product page · 2026-08-01 · source

Official terms

https://www.sbicard.com/en/personal/credit-cards/flipkart-sbi-card.html.

Verified · Flipkart SBI Card product page · 2026-08-01 · source