SBI Card and Flipkart have launched a brand-new co-branded credit card, designed to give users higher savings on e-commerce spends while also rewarding everyday purchases. This move strengthens SBI Card’s retail footprint and gives Flipkart shoppers a direct cashback advantage.
What You Get
- Flipkart Shopping Rewards
Extra cashback on Flipkart spends, including sale events, Big Billion Days, and exclusive partner deals. - Everyday Spending Cashback
Cashback not just on Flipkart, but also on dining, groceries, and travel. - Universal Usage
Backed by Mastercard/Visa — use it on millions of merchants worldwide. - Introductory Perks
Likely to include welcome vouchers, first-year fee waivers, and exclusive Flipkart partner offers (exact details still being rolled out).
Why It Stands Out
- Competes directly with Axis Bank’s Flipkart Credit Card, but SBI’s version is broader, targeting both Flipkart power users and regular spenders.
- Puts SBI Card into a stronger position in the co-branded credit card market, which is heating up in India.
- Cashback focus makes it simpler to understand than complex reward-point systems.
Available now via Flipkart’s app/website and SBI Card portal.