The e-commerce website Flipkart offers its customers various deals when they use their credit cards to make purchases on the site or app. These deals allow the customer to choose from the thousands of products available on the site and get them easily, without any hassle. Flipkart has partnered with various public sector and private banks to give the convenience of hassle free shopping to its customers.
Flipkart Credit Card EMI Option
The e-commerce portal’s EMI option allows the buyers to pay back the due amount which has to be paid to Flipkart for their purchases in affordable monthly instalments. The tenure of the EMI option can range from 3 months to 2 years. Mostly the repayment tenure ranges from 3 to 12 months though select banks offer the longer tenures of 18 and 24 months. The list of banks which provide these Flipkart credit card offers are:
- State Bank of India
- ICICI Bank
- HDFC Bank
- Axis Bank
- Kotak Mahindra Bank
- IndusInd Bank
- Standard Chartered Bank
Out of all these above mentioned banks, SBI and HSBC do not provide the longer repayment tenures while the rest do. However, the banks have a minimum purchase amount condition before they offer the longer tenure EMI options. The list of minimum transaction amount is as below:
Flipkart Credit Card Offers: Banks Which Offer 18 and 24 Months EMI Schedule
|Bank Name||Minimum Transaction Value for Longer EMI to Apply|
|ICICI Bank||Rs. 10,000|
|HDFC Bank||Rs. 10,000|
|Axis Bank||Rs. 4,000|
|Kotak Mahindra Bank||Rs. 4,000|
|IndusInd Bank||Rs. 4,000|
|Standard Chartered Bank||Rs. 4,000|
Note: As mentioned, State Bank of India and HSBC do not offer repayment tenures exceeding one year.
There are no processing charges on availing these Flipkart credit card offers. However, banks will charge interest as per their terms and conditions. Customers should check with the bank before they take up the Flipkart credit card offers. In case an item is returned or exchanged and a refund is due, then the bank may charge the customer an interest amount. Flipkart offers an illustration of the interest amount a person has to pay in case they opt for the EMI option. Here is a quick look:
|Tenure in Months||Purchase Price / Loan Amount (A)||EMI Amount||Interest Rate||Total Amount Repaid (B)||Interest
(C = B-A)
|3||Rs. 20,000||Rs. 6,800.44||12%||Rs. 20,401.33||Rs. 401.33|
|6||Rs. 20,000||Rs. 3,450.97||12%||Rs. 20,705.80||Rs. 705.80|
|9||Rs. 20,000||Rs. 2,344.32||13%||Rs. 21,098.89||Rs. 1,098.89|
|12||Rs. 20,000||Rs. 1,786.35||13%||Rs. 21,436.15||
Flipkart Credit Card Offers for All Banks
Flipkart offers discounts on various items for customers of different banks. These deals and discounts vary according to the type of product and its price. Here is look at Flipkart credit card offers from different banks for one product, viz. the Google Pixel XL smartphone:
|Mobile Phone and Accessories||Google Pixel XL smartphone||Flat Rs. 6,000 discount on all credit/debit cards||The offer is valid on the EMI repayment option also.|
Flipkart Credit Card Offers from Axis Bank
Axis Bank extends deals and discount offers to their credit card customers shopping from Flipkart.
Flipkart Credit Card Offers: Axis Bank Buzz Credit Cards Offer
Axis Bank Buzz Credit Card holders get a 5% discount on all purchases made on Flipkart. This offer can also apply to the EMI repayment option that the bank offers to its customers. Moreover, the offer is valid on partial payments that are made using Flipkart gift cards or Flipkart Wallet.
In case there is an existing discount available on the purchased item, then Flipkart credit card offers an additional 5% discount over and above such existing deals, provided all applicable terms and conditions are met. The offer is currently valid up to 31st March, 2018, though Axis Bank or the ecommerce website may extend the time period for this as well as other Flipkart credit card offers.
- The maximum benefit on the purchase will not exceed Rs 200.
- The offer is not available on Samsung smartphones.
- In case the purchaser opts for the EMI repayment option, then a 14% interest rate will apply on monthly reducing balance on the amount due.
- In case the order is cancelled, then the amount after the calculation of discount will be refunded to the cardholder.
Flipkart Credit Card Offers from HDFC Bank
HDFC’s SmartBuy online shopping platform has a range of exclusive offers from Flipkart. The bank provides Flipkart credit card offers to purchase appliances, mobile phones and accessories, laptops and desktops, furniture, tools and hardware, and various other categories of items. This is an exclusive store provided only for HDFC Bank customers.
The offers are categorized into different types. For example, on mobile phones and accessories one gets offers from mobile phone vendors. Users should note that HDFC SmartBuy is different from Flipkart’s own private label brand Smart Buy that was launched by the company at the end of 2016.
Here are the benefits that HDFC credit card customers get on using the bank’s SmartBuy platform:
- EMI offers from the bank on the products at low interest rates.
- Discounts on the price of the product for all debit and credit cards, including HDFC cards.
- The products carry Flipkart’s F-Assured seal that ensures 6 quality checks along with faster and free delivery.
Flipkart Credit Card Offers from ICICI Bank
ICICI Bank regularly offers deals and discounts to its credit card customers to make purchases on Flipkart. The Flipkart credit card offers from ICICI Bank cover all categories such as mobiles, accessories and home furnishings.
Flipkart Credit Card Offers from Kotak Mahindra Bank
Kotak currently provides the easy EMI offer by giving customers the option to pay off their purchases on Flipkart under the ‘Dream Big’ offer. The interest on the EMIs varies as below:
- 3-6 months: 12% interest per annum
- 9-12 months: 14% interest per year
- 18-24 months: 15% interest per annum
There is no processing or foreclosure fee on the financing option. Customers can choose the repayment tenure as per their preference and ability to pay. Like with all loans, the shorter the tenure, the smaller will be their overall interest outgo.
Flipkart Credit Card Offers from State Bank of India
State Bank of India offers deals and discounts at regular intervals for people using Flipkart to make their purchases. The offers might be available for few of its cards or for all of them. Customers can go to the SBI credit card website and check the deals section to find the offers which are currently available.
Flipkart Credit Card Offers from IndusInd Bank
In addition to the EMI payment option, IndusInd Bank offers its customers various Flipkart deals and discounts from time to time. Customers should check the bank’s website on a regular basis to get the best offers for themselves. Credit card customers can also avail the EMI payment option to get great deals on the IndusInd credit card.
Flipkart Credit Card Offers from Citibank
Citibank is known to provide its customers with a range of deals and offers to help them easily buy the things they want. The bank also regularly comes up with Flipkart credit card offers which allow its customers to buy the items of their choice on a discount quite easily.
Most of the offers from the bank are spot offers, i.e. they are available for a day or two. The bank informs their customers about such offers through email and SMSs. Some examples of such spot deals include a 10% cashback deal that was available to the bank’s credit card holders on Flipkart website, mobile site and the app.