SBI Card, India’s largest pure-play credit card issuer, and e-commerce giant Flipkart on Tuesday announced the launch of the Flipkart SBI Credit Card, aimed at enhancing affordability and rewards for customers across Flipkart, Myntra, Shopsy, and Cleartrip platforms.
Launched in the presence of SBI Chairman Challa Sreenivasulu Setty and SBI Managing Director Ashwini Kumar Tewari, the card offers up to 7.5% cashback on Myntra spends and 5% cashback on Flipkart, Shopsy, and Cleartrip purchases. Additionally, customers will receive 4% cashback on brands like Zomato, Uber, Netmeds, and PVR, and 1% unlimited cashback on all other eligible spends.
In Guwahati, the card is expected to drive stronger participation from younger shoppers, particularly in fashion, electronics, and travel segments. With e-commerce adoption steadily rising in Assam’s urban markets, the new offering could encourage greater use of digital payments, while boosting consumer confidence in online shopping. Salila Pande, MD & CEO of SBI Card, said the launch reflects efforts to deliver “a rewarding and seamless payment experience.” Flipkart CEO Kalyan Krishnamurthy added that the initiative will help “democratize access to formal credit in India.” The card carries a joining and annual fee of ₹500 with welcome benefits worth ₹1,250 and limited-period launch offers.