SBI Card & Flipkart Launch Co-Branded Credit Card to Boost Digital Commerce

New Delhi / Bangalore, August 26, 2025 – In a significant partnership, SBI Card, India’s largest pure-play credit card issuer, and Flipkart, the country’s leading homegrown e-commerce marketplace, announced the launch of the Flipkart SBI Credit Card. The new co-branded credit card has been designed to enhance affordability and value across the Flipkart ecosystem, including Myntra, Shopsy, and Cleartrip. 🔑 Key Benefits for Cardholders: 7.5% cashback on Myntra spends (up to ₹4,000 per quarter). 5% cashback on Flipkart, Shopsy, and Cleartrip spends (up to ₹4,000 per quarter). 4% cashback on select brands such as Zomato, Uber, Netmeds, PVR. 1% unlimited cashback on all other eligible spends. Fuel surcharge waiver (up to ₹400 per statement cycle). Auto-credit of cashback within 2 days of statement generation for a seamless experience. The card comes with a joining/renewal fee of ₹500, offset by welcome benefits worth ₹1,250 and a fee waiver on annual spends above ₹3.5 lakh. Leadership Commentary: Salila Pande, MD & CEO, SBI Card: “The Flipkart SBI Card has been thoughtfully designed to provide a rewarding and seamless payment experience in line with the evolving aspirations of our customers.” Kalyan Krishnamurthy, CEO, Flipkart Group: “This partnership underscores our mission to democratize access to formal credit and empower millions of households across India.” To mark the launch, a limited-period offer includes daily giveaways of Samsung Galaxy Smartwatches and Ambrane wireless power banks for successful applicants via the Flipkart app. ✅ Why This Matters This collaboration combines SBI Card’s scale with Flipkart’s digital reach, strengthening India’s consumer credit ecosystem while enabling customers to unlock greater value in their online and offline shopping journeys. 🔎 Disclaimer: This post is for informational purposes only and should not be considered investment advice.