Synopsis: The Flipkart SBI credit card and the SBI Cashback credit card are the among the best cards in the market for online shopping that can significantly boost the savings. In this article, a detailed comparison of both the cards will be highlighted.
With online shopping being one of the choices for everyday activities from groceries to gadgets, choosing the right credit card that gives you a decent cashback can bring a great change in your savings. The Flipkart SBI card and the SBI Cashback credit card stand out as top contenders for e-commerce users.
| Feature | Flipkart SBI Card | SBI Cashback Card |
| Card type | Co-branded shopping card (Flipkart ecosystem) | General cashback card |
| Main cashback focus | Cashback on Flipkart, Myntra, Cleartrip & partner brands | Cashback on all online purchases without merchant limits |
| Top cashback rates | 7.5% on Myntra (capped per quarter), 5% on Flipkart, 1% on other (unlimited) | 5% cashback on online spends (no merchant restrictions), 1% on offline spends |
| Cashback credit timing | Auto credited to statement within days after billing | Auto credited to statement within days after billing |
| Caps & limits | Cashback on high-earning categories is capped quarterly (e.g., ₹4,000) | Cashback is capped monthly/annually but applies to all eligible online spends |
| Merchant restrictions | Yes — high rates only on Flipkart ecosystem & partner brands | No — flat 5% online cashback on most merchants |
| Offline purchase benefit | 1% cashback | 1% cashback |
| Fuel surcharge waiver | Likely available (common with SBI co-brand cards) | 1% fuel surcharge waiver at petrol pumps |
| Annual fee | Typically, Rs 500 + GST (fee reversal on high annual spend) | Rs 999 + GST (annual fee reversed on spends threshold) |
| Welcome benefits | Gift card or introductory offers may apply (periodic) | Not specified |
| Best for | Heavy Flipkart/Myntra shoppers and ecosystem users | General online shoppers across Amazon, Flipkart, travel & utility sites |
| Ease of use | Moderate — need to track categories & caps | Easy — flat cashback across online purchases |
Overview of the cards
Flipkart SBI Credit Card
About the card: the Flipkart SBI credit card is a co-branded credit card primarily created for Flipkart users. The credit card is mainly focused on high cashbacks exclusively for the Flipkart users within the Flipkart ecosystem and selected partner merchants.
Fees and charges
- Joining fees: Rs 500 + GST
- Annual fees: Rs 500 + GST
- Annual fee waiver: annual fee waived off on spending Rs 3,50,000 in the previous year.
- Interest rate: 3.75% per month i.e. 45% per annum.
- Forex mark-up rate: 3.5%
Key features and benefits
- Welcome gift: Flipkart gift card worth Rs 250 within the first 60 days of card issued with a validity of 1 year of card activation.
- Cashback rate: 5% on Flipkart spends; 7% off + 5% cashback on international and domestic flights, 20% off + 5% cashback on hotels and 10% off + 5% cashback on buses and 7.5% cashback on Myntra.
- Fuel surcharge benefits: 1% of fuel waived off across all fuel stations in India with transactions ranging from Rs 500 to Rs 4,000.
Rewards structure
- 7.5% cashback on Myntra.
- 5% cashback on Flipkart and Cleartrip.
- 4% cashback on partnered merchant spends like Zomato, Uber and Netmeds.
- 1% of unlimited cashback on other expenses.
Also Read: Axis Bank Cashback vs Amazon Pay ICICI: Which Credit Card Offers Better Everyday Cashback in 2026?
SBI Cashback Credit Card
About the card: Cashback SBI Card is one of the best cashback credit cards that comes with a value-back of up to 5% on the card spends. Best-suited for those who prefer to shop online for most of their needs- whether it is apparel, footwear, travel, food, groceries, entertainment or others, this SBI credit card offers accelerated savings in the form of 5% cashback on all online purchases without any brand, platform or merchant restrictions.
Fees and charges
- Joining fees: Rs 999
- Annual fees: Rs 999
- Annual fee waiver: annual fee waived off on Rs 2 lakhs spent in the previous year.
- Interest rate: 3.75% per month i.e. 45% per annum.
- Forex mark-up rate: 3.5%
Key features and benefits
- Fuel surcharge benefits: 1% fuel surcharge waiver of up to Rs 100 across on stations in India. Applicable on transactions from Rs 500 to Rs 3,000.
- Cashback rate: 5% cashback rate on online spends without any merchant restriction and 1% cashback rate on offline spends.
Note: Cashback not applicable on following categories like utility, insurance, rent, wallet, jewelry, school and education and railways
Reward structure
- 5% cashback on online spends.
- 1% cashback on offline spends.
Which card is better for you?
Choose the Flipkart SBI credit card if:
- Flipkart is your primary shopping platform.
- Purchases are done during Flipkart sales, meaning the reward rates will be higher.
- You want higher value from a single ecosystem.
Choose the SBI Cashback credit card if:
- You shop from across multiple portals like Ajio, Amazon, Myntra, food apps and travel portals.
- You want predictable savings every month.
- You want a card that does not restrict cashbacks from merchant brands.
Which card is better?
For online shoppers in 2026, the SBI Cashback credit card offers great value to their customers, like a cashback of 5% across multiple e-commerce platforms like Amazon, Myntra, Ajio with a simple redemption process. Whereas the Flipkart SBI credit card has similar features, but the purchases are only limited to Flipkart’s ecosystem.
Written by Atin Kevin
