#1₹5,142/yr
Axis Bank Flipkart Credit Card
5% · Shopping Partners
Best net value on this list — about ₹5,142/yr in your pocket after fees on typical spends.
Shopping Partners·SBI Card
SBI’s Flipkart co-brand — 5% Flipkart / 7.5% Myntra with ₹4,000/quarter category caps; 1% unlimited elsewhere.
Age 21–60 · From ₹25,000/mo income · Unsecured
Key Benefits
All 11 benefits →Flipkart, Cleartrip, Minutes, groceries, Shopsy
5%
₹4,000/quarter
Myntra
7.5%
₹4,000/quarter
Uber, Zomato, Netmeds, PVR
4%
Other eligible spends
1% unlimited
Signup bonus: ₹250 (year 1)
Zero sales calls. Ever.
Caps & exclusions verified · 2026-11-06
At the bank: You complete the application on their website. The bank may follow up on that application — CardHungry never calls or texts you.
We earn commission if approved — at no cost to you.
Rewards, lounge rules, fee perks, and extras — sourced from public issuer information.
Source: Flipkart × SBI Card launch note + SBI T&C booklet — ₹500 joining & annual, ₹3.5L waiver, ₹250 Flipkart e-gift on fee realisation.
Amazon, Flipkart & co-branded accelerators
Flipkart SBI Card is a Visa/Mastercard co-brand — UPI credit linking is not available. Flipkart/Myntra cashback needs card checkout, not UPI QR.
UPI credit uses RuPay-linked cards on apps like GPay, PhonePe, and Paytm. Rates and exclusions follow issuer MITC — verify before relying on UPI for rewards.
Source: Flipkart × SBI Card launch note + SBI T&C booklet — ₹500 joining & annual, ₹3.5L waiver, ₹250 Flipkart e-gift on fee realisation.
Flipkart, Cleartrip, Minutes, groceries, Shopsy
5%
Cap: ₹4,000/quarter
Example: ₹4,000/mo spend → ≈ ₹200/mo (max at cap)
Myntra
7.5%
Cap: ₹4,000/quarter
Example: ₹4,000/mo spend → ≈ ₹300/mo (max at cap)
Uber, Zomato, Netmeds, PVR
4%
Example: ₹10,000/mo spend → ≈ ₹400/mo
Other eligible spends
1% unlimited
Example: ₹10,000/mo spend → ≈ ₹100/mo
Fee waiver at
₹3,50,000 annual spend
Forex markup
3.5%
Fuel waiver
1% surcharge waiver up to ₹400/statement cycle
Based on moderate spend for this market
Est. net annual
₹7,122
per year
Annual fee
Free
per year
Effective return
1.9%
of spend
Rewards minus annual fee on your spend profile
Annual fee ₹500 · Forex 3.5% — tap for full fees
Joining fee
Charged in first year · Bank-listed face fee (ex-GST). NAV math uses face × 1.18 GST.
₹500
Annual / renewal fee
Waived on ₹3,50,000 annual spend
₹500
Forex markup
3.5%
Finance charges
≈3.5–3.75% per month (42–45% p.a.) if you revolve balance — pay in full to avoid
Late payment fee
₹400–₹1,300 depending on statement balance — always pay on time
Reward redemption fee
Usually ₹0 for cashback cards; points cards may have ₹99+ redemption fee
Example: moderate user · Steady year
Signup bonus is excluded here — switch to Year 1 on the hero or open the calculator for first-year value.
Formulas and assumptions: How we calculate NAV
21–60 years · ₹25,000/mo — tap for full criteria
Important: These are indicative eligibility bands from issuer websites. Actual approval depends on the bank's internal score, existing relationship, and current portfolio policy. CardHungry shows bands, not guarantees.
At moderate spend (₹31,000/mo), gross rewards are about ₹7,542/year. After the ₹500 annual fee, net value is approximately ₹7,122/year. Use the calculator above to model your own spends.
₹25,000/month for salaried applicants (indicative — bank decides).
Fuel, Rent, Wallet top-ups, EMI transactions, Insurance, Utilities.
Deeper rankings and comparisons for similar use cases.
Axis Bank Flipkart Credit Card
5% · Shopping Partners
Best net value on this list — about ₹5,142/yr in your pocket after fees on typical spends.
Swiggy BLCK HDFC Bank Credit Card
10% · Shopping Partners
Strong runner-up at ₹4,746/yr net — roughly ₹396 behind #1 on the same spend mix.
Swiggy ORNGE HDFC Bank Credit Card
5% · Shopping Partners
Worth a look — ₹4,116/yr net among the eligible cards on this list.
Approval estimate based on public eligibility criteria. Indicative only. Not a guarantee of approval.
