The Flipkart Axis Bank Credit Card is a co-branded credit card launched by Axis Bank in partnership with Flipkart. It aims to provide cardholders with exclusive rewards and benefits on Flipkart and other partner platforms.
The Flipkart Axis Bank Credit Card is designed for online shoppers, particularly those who frequently shop on Flipkart. It offers significant cashback on Flipkart, Myntra, and 2GUD purchases, along with other benefits on various spending categories. This guide provides an in-depth look at its features, benefits, and how you can make the most of this card.
Table of Contents
Key Features and Benefits
| Feature | Details |
|---|---|
| Card Type | Cashback Credit Card |
| Reward Rate | 5% cashback on Flipkart, Myntra, and 2GUD, 4% on preferred partners, 1.5% on other spends |
| Reward Value | Direct cashback |
| Annual Fee | ₹500 + GST (waived on spending ₹2,00,000 annually) |
| Unique Selling Points | High cashback rates, fuel surcharge waiver, welcome benefits |
| Rating (out of 5) | 4.6 |
Welcome Benefits
| Welcome Benefit | Details |
|---|---|
| Flipkart Voucher | ₹500 worth Flipkart voucher on first transaction |
Detailed Review of Key Features
- Fuel Surcharge Waiver: 1% fuel surcharge waiver on transactions between ₹400 to ₹4,000.
- Interest-Free Credit: Up to 50 days of interest-free credit from the date of purchase.
- EMI Options: Convert big purchases into easy monthly installments.
Cashback on Other Categories
In addition to Flipkart, cardholders earn 4% cashback on transactions with preferred partners such as Swiggy, Uber, and PVR. For all other spends, a 1.5% cashback is provided.Annual Fee and Waiver Conditions
The card comes with an annual fee of ₹500, which is waived if the annual spending exceeds ₹2 lakh. This makes it a cost-effective option for high spenders.Interest Rates and Charges
The card offers an interest-free period of up to 50 days. However, the interest rate on outstanding balances can be high, so it’s crucial to pay off dues on time to avoid hefty charges.Rewards
| Spend Category | Reward Rate |
|---|---|
| Flipkart, Myntra, 2GUD | 5% cashback |
| Preferred Partners | 4% cashback |
| All Other Spends | 1.5% cashback |
| Reward Value | Direct cashback credited to the account |
| Rewards Expire in | Never |
Milestone Benefits
| Spending Milestone | Reward Earned |
|---|---|
| Annual Spend of ₹2,00,000 | Annual fee waiver |
Redemption
Cashback earned is automatically credited to the cardholder’s account and can be used to offset the statement balance.
Gift Vouchers Available
| Category | Brands |
|---|---|
| Shopping | Flipkart, Myntra |
| Electronics | Croma |
| Travel | MakeMyTrip, Cleartrip |
| Dining | Zomato, Swiggy |
| Entertainment | BookMyShow |
Airport Lounge Access
| Access Type | Details |
|---|---|
| Domestic Lounges | Not available |
| International Lounges | Not available |
Fees and Charges for Flipkart Axis Bank Credit Card
| Fee Type | Charges |
|---|---|
| Joining Fee | ₹500 + GST |
| Renewal Fee | ₹500 + GST (waived on spending ₹2,00,000 annually) |
| Finance Charges | 3.6% per month (52.86% per annum) |
| Late Payment Fee | ₹300 to ₹1,200 based on the outstanding balance |
| Forex Markup Fee | 3.5% + GST on all international transactions |
| Rent Payment | 1% fee using third-party apps like CRED, Paytm |
| Education | 1% fee using third-party apps |
| Utilities | No additional charges |
Eligibility Criteria
To apply for the Flipkart Axis Bank Credit Card, applicants must meet the following criteria:
- Age: 18 to 70 years
- Income: Stable income required
- Documents Required: Aadhar Card, PAN Card, proof of income (latest bank statements/salary slips, ITR), and residence proof.
Application Process
- Visit the Axis Bank website or a branch
- Fill out the application form
- Submit the required documents
- Wait for approval and card delivery
Flipkart Axis Bank Credit Card Review
The Flipkart Axis Bank Credit Card is an excellent option for frequent online shoppers, particularly on Flipkart. With high cashback rates and a variety of additional benefits, it provides great value for daily expenses and online purchases.
Rating: 4.6
- Benefits: 4.8
- Fees: 4.2
- Customer Service: 4.5
Tips for Maximizing Benefits
Using the Card on Flipkart and Partner Platforms
Maximize your cashback by using the card primarily on Flipkart, Myntra, and other preferred merchants. Plan significant purchases during sale events to boost rewards.
Managing Your Account to Avoid Fees
Keep track of your spending to meet the annual fee waiver criteria. Pay your bills on time to avoid interest charges and late payment fees.
Utilizing Welcome Benefits Effectively
Take full advantage of the welcome benefits by using the vouchers and discounts provided within the stipulated time frame.
Pros and Cons
| Pros | Cons |
|---|---|
| High cashback rates on Flipkart, Myntra, and 2GUD. | Limited airport lounge access. |
| Annual fee waiver on meeting spend criteria. | High foreign transaction fee. |
| Fuel surcharge waiver. | Rewards only in the form of cashback. |
Similar Cards to Flipkart Axis Bank
| Feature | Flipkart Axis Bank Credit Card | Amazon Pay ICICI Credit Card | HDFC Millennia Credit Card |
|---|---|---|---|
| Annual Fee | ₹500 + GST | None | ₹1,000 + GST |
| Lounge Access | Not available | Not available | 8 complimentary domestic lounge visits |
| Reward Rate | Up to 5% cashback | 5% on Amazon spends | 5% cashback on Amazon, Flipkart, etc. |
| Reward Value | Direct cashback credited to account | Direct cashback credited to Amazon Pay | Cashback credited as statement credit |
| Special Benefits | High cashback, fuel surcharge waiver | High rewards on Amazon | High rewards on popular online stores |
| Quick Links | Details | Details | Details |
FAQ
The annual fee is ₹500 + GST, waived on spending ₹2,00,000 annually.
You can earn 5% cashback on Flipkart, Myntra, and 2GUD purchases, 4% on preferred partners, and 1.5% on other spends.
Cashback is automatically credited to your card account and can be used to offset your statement balance.
Yes, the card offers a 1% fuel surcharge waiver on transactions between ₹400 to ₹4,000.
The card offers an annual fee waiver upon spending ₹2,00,000 in a year.
- Absolutely. With high cashback rates, annual fee waiver, and fuel surcharge waiver, this card provides excellent value for those who frequently shop online.
