SBI Card and Flipkart Launch Co-branded ‘Flipkart SBI Credit Card’ for Seamless Shopping.
Banking & Finance
In August 2025, SBI Card and Payment Services Limited, a leading Indian Non-Banking Financial Company (NBFC), in collaboration with Flipkart, one of India’s largest e-commerce marketplaces, recently launched the ‘Flipkart SBI Credit Card’ in New Delhi. The launch aims to provide a seamless shopping experience with exclusive cashback benefits for Indian consumers.
- The Flipkart SBI Credit Card was officially launched in the presence of Challa Sreenivasulu (C.S.) Setty, Chairman of the State Bank of India (SBI), and Ashwini Kumar, Managing Director (MD) of SBI, marking a significant step in strengthening digital payment solutions in India.
- The launch event highlighted the importance of partnerships between banks and e-commerce players to drive financial inclusion and customer convenience.
- This newly launched co-branded credit card is powered by both Mastercard and VISA platforms, making it widely accessible across domestic and international markets. Customers can easily apply digitally via the Flipkart mobile application, SBI Card SPRINT, or through the official card website 'SBIcard.com', ensuring fast and user-friendly onboarding.
Main Point :- (i) The Flipkart SBI Credit Card comes with curated cashback offers, including 7.5% cashback on purchases made on Myntra and 5% cashback on spends at Flipkart, Shopsy, and Cleartrip. These benefits are subject to a quarterly cashback limit of Rs. 4,000 for each category, allowing frequent online shoppers to maximize their savings.
(ii) A unique feature of this co-branded card is the automatic cashback credit system. Under this facility, the entitled cashback is auto-credited to the customer’s SBI account within two days of the statement generation, reducing the need for manual redemption and ensuring a seamless experience for users.
(iii) Through this launch, SBI Card and Flipkart aim to capture India’s growing digital payment ecosystem, particularly in the retail and travel segments. The collaboration is expected to empower consumers with greater financial flexibility and reward-driven shopping, while further strengthening SBI’s position as one of the leading credit card issuers in India.
____________________________
